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CMS ENERGY CORP

For the period ended Dec 31, 2025. Filed Feb 10, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 10, 2026

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

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

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Contents

Consolidated Statements of Comprehensive Income

In Millions
Years Ended December 31202520242023
Net Income$1,002$947$808
Retirement Benefits Liability
Net gain arising during the period, net of tax of $2, $1, and $2425
Prior service credit adjustment, net of tax of $— for all periods—1—
Amortization of net actuarial loss, net of tax of $— for all periods222
Amortization of prior service credit, net of tax of $— for all periods(1)—(1)
Other Comprehensive Income556
Comprehensive Income1,007952814
Comprehensive Loss Attributable to Noncontrolling Interests(69)(56)(79)
Comprehensive Income Attributable to CMS Energy$1,076$1,008$893
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.