Cms Energy Corp (CMS) Operating Income (2009 - 2026)
Cms Energy (CMS) reported Operating Income of $264 million for Q2 2026, down 16.7% from $317 million a year earlier and down 46.1% from the prior quarter.
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Analysis
Cms Energy Corp (CMS) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cms Energy's Operating Income came in at $1.67 billion, up 4.2% year-over-year; for FY2025, it was $1.73 billion, up 16.1% from FY2024.
- Operating Income has increased for four consecutive years, with a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- By year, Operating Income came in at $1.49 billion in FY2024 (+20.4%), $1.24 billion in FY2023 (+0.9%), $1.22 billion in FY2022 (+6.8%) and $1.15 billion in FY2021 (-6.8%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Income since Q2 2023.
- Year over year, Operating Income gained in six of the last eight quarters, with growth averaging 11.0%.
- The high point for year-over-year Operating Income in five years was Q4 2023 (growth of 49.8%); the low point was Q4 2021 (a decline of 33.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $490 million (Q1 2026), $435 million (Q4 2025) and $481 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 264.00 Mn |
| Mar 31, 2026 | 490.00 Mn |
| Dec 31, 2025 | 435.00 Mn |
| Sep 30, 2025 | 481.00 Mn |
| Jun 30, 2025 | 317.00 Mn |
| Mar 31, 2025 | 494.00 Mn |
| Dec 31, 2024 | 425.00 Mn |
| Sep 30, 2024 | 367.00 Mn |
| Jun 30, 2024 | 283.00 Mn |
| Mar 31, 2024 | 412.00 Mn |
| Dec 31, 2023 | 406.00 Mn |
| Sep 30, 2023 | 271.00 Mn |
| Jun 30, 2023 | 244.00 Mn |
| Mar 31, 2023 | 314.00 Mn |
| Dec 31, 2022 | 271.00 Mn |
| Sep 30, 2022 | 258.00 Mn |
| Jun 30, 2022 | 239.00 Mn |
| Mar 31, 2022 | 456.00 Mn |
| Dec 31, 2021 | 204.00 Mn |
| Sep 30, 2021 | 260.00 Mn |
API Access
Cms Energy Corp Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();