Cms Energy (CMSD) Cost of Revenue (2009 - 2026)

Cms Energy (CMSD) has 18 years of Cost of Revenue data on file, last reported at $448.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 106.45% year-over-year to $448.0 million; the trailing twelve-month figure through Mar 2026 stood at $888.0 million (up 29.64% YoY), and the FY2025 full-year result was $657.0 million, up 5.29% from the prior year.
• Cost of Revenue for Q1 2026 stood at $448.0 million, up from $153.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $949.0 million in Q4 2022 and bottomed at $114.0 million in Q2 2024.
• The 5-year median for Cost of Revenue is $179.0 million (2024), against an average of $274.6 million.
• The widest annual swing landed in 2023, when Cost of Revenue sank 83.98%; it then surged 193.43% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $949.0 million in 2022, then tumbled by 83.98% to $152.0 million in 2023, then advanced by 15.13% to $175.0 million in 2024, then decreased by 12.57% to $153.0 million in 2025, then jumped by 192.81% to $448.0 million in 2026.
• The last three Cost of Revenue figures came in at $448.0 million (Q1 2026), $153.0 million (Q4 2025), and $153.0 million (Q3 2025), per Business Quant data.

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