Cms Energy (CMSD) Operating Expenses (2009 - 2026)

Cms Energy has reported Operating Expenses for 18 years, with the latest figure at $2.2 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 14.7% year-over-year to $2.2 billion; the trailing twelve-month figure through Mar 2026 stood at $7.1 billion (up 14.19% YoY), and the FY2025 full-year result was $6.8 billion, up 13.01% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.2 billion, up from $1.8 billion in the prior quarter.
• The five-year high for Operating Expenses was $2.2 billion in Q1 2026, with the low at $1.3 billion in Q2 2023.
• Historically, Operating Expenses has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses gained 28.71% — and 2023, when it declined 23.07%.
• Cms Energy's Operating Expenses stood at $2.0 billion in 2022, then decreased by 23.07% to $1.5 billion in 2023, then climbed by 1.3% to $1.6 billion in 2024, then climbed by 14.96% to $1.8 billion in 2025, then climbed by 24.58% to $2.2 billion in 2026.
• The last three Operating Expenses figures came in at $2.2 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.