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

Cms Energy (CMSD) reported Cost of Revenue of $448.0 million for Q1 2026, up 106.45% on a YoY basis from $217.0 million in Q1 2025, and up 192.81% quarter-over-quarter from $153.0 million in Q4 2025.

Cms Energy (CMSD) Cost of Revenue (2009 - 2026) Analysis & Trends

Cms Energy has reported Cost of Revenue for 18 years, with the latest figure 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.
  • The five-year high for Cost of Revenue was $949.0 million in Q4 2022, with the low at $114.0 million in Q2 2024.
  • Historically, Cost of Revenue has averaged $274.6 million across 5 years, with a median of $179.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 83.98% — and 2024, when it surged 193.43%.
  • Cms Energy's Cost of Revenue stood at $949.0 million in 2022, then plunged by 83.98% to $152.0 million in 2023, then gained by 15.13% to $175.0 million in 2024, then retreated by 12.57% to $153.0 million in 2025, then soared 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 780.98 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 985.00 Mn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 675.00 Mn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 608.70 Mn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 491.00 Mn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 464.30 Mn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 1.36 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 1.46 Bn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 448.00 Mn
10 Cms Energy - - 2.28 Bn 448.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 448.00 Mn
Mar 31, 2026 448.00 Mn
Dec 31, 2025 153.00 Mn
Dec 31, 2025 153.00 Mn
Sep 30, 2025 153.00 Mn
Sep 30, 2025 153.00 Mn
Jun 30, 2025 134.00 Mn
Jun 30, 2025 134.00 Mn
Mar 31, 2025 217.00 Mn
Mar 31, 2025 217.00 Mn
Dec 31, 2024 175.00 Mn
Dec 31, 2024 175.00 Mn
Sep 30, 2024 179.00 Mn
Sep 30, 2024 179.00 Mn
Jun 30, 2024 114.00 Mn
Jun 30, 2024 114.00 Mn
Mar 31, 2024 402.00 Mn
Mar 31, 2024 402.00 Mn
Dec 31, 2023 152.00 Mn
Dec 31, 2023 152.00 Mn