CMS ENERGY CORP
For the period ended Sep 30, 2025. Filed Oct 30, 2025.
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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.
Sep 30, 2025 · Filed Oct 30, 2025
CMS$69.55+0.5%Stored close · as of Nov 9, 2026
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Table of Contents
Quarterly Reports on Form 10‑Q to the Securities and Exchange Commission for the Period Ended September 30, 2025
| Glossary | 2 | |
|---|---|---|
| Filing Format | 10 | |
| Available Information | 10 | |
| Forward-looking Statements and Information | 10 | |
| Part I—Financial Information | 15 | |
| Item 1. | Financial Statements | 15 |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 95 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 95 |
| Item 4. | Controls and Procedures | 96 |
| Part II—Other Information | 96 | |
| Item 1. | Legal Proceedings | 96 |
| Item 1A. | Risk Factors | 96 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 96 |
| Item 3. | Defaults Upon Senior Securities | 98 |
| Item 4. | Mine Safety Disclosures | 98 |
| Item 5. | Other Information | 98 |
| Item 6. | Exhibits | 99 |
| Signatures | 100 |
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