CMS ENERGY CORP

For the period ended Mar 31, 2026. Filed Apr 28, 2026.

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, 2026 · Filed Apr 28, 2026

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

Consolidated Statements of Income (Unaudited)

In Millions, Except Per Share Amounts
Three Months Ended March 31	2026	2025
Operating Revenue	$2,730	$2,447
Operating Expenses
Fuel for electric generation	220	217
Purchased and interchange power	451	380
Purchased power – related parties	20	18
Cost of gas sold	516	383
Maintenance and other operating expenses	448	405
Depreciation and amortization	412	388
General taxes	173	162
Total operating expenses	2,240	1,953
Operating Income	490	494
Other Income (Expense)
Non-operating retirement benefits, net	51	42
Other income	28	14
Other expense	(4)	(6)
Total other income	75	50
Interest Charges
Interest on long-term debt	209	187
Interest expense – related parties	3	3
Other interest expense	(1)	(1)
Allowance for borrowed funds used during construction	(8)	(3)
Total interest charges	203	186
Income Before Income Taxes	362	358
Income Tax Expense	85	63
Net Income	277	295
Loss Attributable to Noncontrolling Interests	(63)	(9)
Net Income Attributable to CMS Energy	340	304
Preferred Stock Dividends	2	2
Net Income Available to Common Stockholders	$338	$302
Basic Earnings Per Average Common Share	$1.10	$1.01
Diluted Earnings Per Average Common Share	$1.10	$1.01

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.