CMS Energy Corporation (CMS) Financials

Key financial figures for CMS Energy Corporation (Q2 2026).

CMS Energy Corporation reported revenue of $1.83 billion for Q2 FY2026, down 0.5% from the same period a year earlier. Net income was $120.0 million, or $0.39 per share. Operating margin came to 14.43%, against 17.25% a year earlier. Free cash flow for the period was -$345.0 million. Across the last 5 reported quarters, quarterly revenue has moved from $1.84 billion in Q2 FY2025 to $1.83 billion in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for CMS Energy Corporation are on the SentiSense financials page.

Revenue
$1.8B
Net Income
$96M
EPS
$0.38
Total Assets
$40.9B
Operating Cash Flow
$622M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$1.8B$120M$0.3914.43%-$345M
Q1 FY2026$2.7B$340M$1.1317.95%-$334M
Q4 FY2025$2.2B$289M$0.9419.48%-$596M
Q3 FY2025$2.0B$277M$0.9223.8%-$635M
Q2 FY2025$1.8B$201M$0.6617.25%-$470M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$8.5B$1.1B$3.5320.22%-$1.6B
FY2024$7.5B$1.0B$3.3319.79%-$648M
FY2023$7.5B$887M$3.0116.55%-$910M

Frequently asked questions

What was CMS Energy Corporation's revenue last quarter?

CMS Energy Corporation reported revenue of $1.83 billion for Q2 FY2026, down 0.5% from the same period a year earlier.

Is CMS Energy Corporation profitable?

Yes. CMS Energy Corporation reported net income of $120.0 million for Q2 FY2026, a net margin of 6.56% on revenue.

How has CMS Energy Corporation's margin trended?

Operating margin was 14.43% in Q2 FY2026, compared with 17.25% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did CMS Energy Corporation generate?

CMS Energy Corporation generated free cash flow of -$345.0 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for CMS Energy Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.