Cms Energy Corp (CMSD) Operating Expenses (2009 - 2026)
Cms Energy's (CMSD) quarterly Operating Expenses came in at $2.2 billion in Q1 2026, up 14.7% year-on-year from $2.0 billion in Q1 2025, and up 24.58% quarter-over-quarter from $1.8 billion in Q4 2025.
Cms Energy Corp (CMSD) Operating Expenses (2009 - 2026) Analysis & Trends
Cms Energy's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.2 billion for Q1 2026.
- On a quarterly basis, Operating Expenses rose 14.7% year-over-year to $2.2 billion in Q1 2026; TTM through Mar 2026 was $7.1 billion, a 14.19% increase from a year earlier, with the FY2025 full-year figure at $6.8 billion, up 13.01% from the prior year.
- Operating Expenses advanced to $2.2 billion in Q1 2026 per CMSD's latest filing, from $1.8 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.2 billion in Q1 2026 and bottomed at $1.3 billion in Q2 2023.
- The 5-year median for Operating Expenses is $1.7 billion (2022), against an average of $1.7 billion.
- Across the five-year window, Operating Expenses climbed 28.71% in 2022 and retreated 23.07% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $2.0 billion in 2022, then slipped by 23.07% to $1.5 billion in 2023, then grew by 1.3% to $1.6 billion in 2024, then grew by 14.96% to $1.8 billion in 2025, then grew by 24.58% to $2.2 billion in 2026.
- Per Business Quant, the three latest CMSD Operating Expenses figures stand at $2.2 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.5 billion (Q3 2025).
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.24 Bn |
| Dec 31, 2025 | 1.80 Bn |
| Sep 30, 2025 | 1.54 Bn |
| Jun 30, 2025 | 1.52 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.38 Bn |
| Jun 30, 2024 | 1.32 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 1.54 Bn |
| Sep 30, 2023 | 1.40 Bn |
| Jun 30, 2023 | 1.31 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | 2.01 Bn |
| Sep 30, 2022 | 1.77 Bn |
| Jun 30, 2022 | 1.68 Bn |
| Mar 31, 2022 | 1.92 Bn |
| Dec 31, 2021 | 1.83 Bn |
| Sep 30, 2021 | 1.47 Bn |
| Jun 30, 2021 | 1.31 Bn |