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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$69.55+0.5%Stored close · as of Nov 9, 2026

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

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Contents

Table of Contents

Quarterly Reports on Form 10‑Q to the Securities and Exchange Commission for the Period Ended March 31, 2025

Glossary2
Filing Format9
Available Information9
Forward-looking Statements and Information9
Part I—Financial Information13
Item 1.Financial Statements13
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations82
Item 3.Quantitative and Qualitative Disclosures About Market Risk82
Item 4.Controls and Procedures82
Part II—Other Information83
Item 1.Legal Proceedings83
Item 1A.Risk Factors83
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds83
Item 3.Defaults Upon Senior Securities84
Item 4.Mine Safety Disclosures84
Item 5.Other Information84
Item 6.Exhibits85
Signatures86
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.