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Midas Edge

CMS ENERGY CORP

For the period ended Mar 31, 2025. Filed Apr 24, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 24, 2025

CMS$69.78+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Item 1. Financial Statements

Index to Financial Statements

Management’s Discussion and Analysis of Financial Condition and Results of Operations14
CMS Energy Consolidated Financial Statements (Unaudited)44
Consolidated Statements of Income (Unaudited)44
Consolidated Statements of Comprehensive Income (Unaudited)45
Consolidated Statements of Cash Flows (Unaudited)47
Consolidated Balance Sheets (Unaudited)48
Consolidated Statements of Changes in Equity (Unaudited)50
Consumers Consolidated Financial Statements (Unaudited)51
Consolidated Statements of Income (Unaudited)51
Consolidated Statements of Comprehensive Income (Unaudited)52
Consolidated Statements of Cash Flows (Unaudited)53
Consolidated Balance Sheets (Unaudited)54
Consolidated Statements of Changes in Equity (Unaudited)56
Notes to the Unaudited Consolidated Financial Statements57
1:Regulatory Matters57
2:Contingencies and Commitments58
3:Financings and Capitalization62
4:Fair Value Measurements65
5:Financial Instruments67
6:Retirement Benefits68
7:Income Taxes69
8:Earnings Per Share—CMS Energy70
9:Revenue71
10:Reportable Segments74
11:Variable Interest Entities79
12:Exit Activities81
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.