CMS ENERGY CORPORATION
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.83B | $2.73B | $2.23B | $2.02B | $1.84B | $2.45B | $1.99B | $1.74B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $264.0M | $490.0M | $435.0M | $481.0M | $317.0M | $494.0M | $425.0M | $367.0M |
| Operating Margin | 14.4% | 17.9% | 19.5% | 23.8% | 17.2% | 20.2% | 21.4% | 21.1% |
| Interest Expense | $211.0M | $209.0M | $208.0M | $204.0M | $199.0M | $187.0M | $176.0M | $176.0M |
| Pretax Income | $129.0M | $362.0M | $295.0M | $340.0M | $255.0M | $358.0M | $306.0M | $273.0M |
| Income Tax Expense | $33.0M | $85.0M | $53.0M | $68.0M | $62.0M | $63.0M | $51.0M | $26.0M |
| Net Income | $120.0M | $340.0M | $289.0M | $277.0M | $201.0M | $304.0M | $265.0M | $253.0M |
| Net Margin | 6.6% | 12.5% | 12.9% | 13.7% | 10.9% | 12.4% | 13.3% | 14.5% |
| EPS (Basic) | $0.38 | $1.10 | $0.93 | $0.92 | $0.67 | $1.01 | $0.89 | $0.84 |
| EPS (Diluted) | $0.37 | $1.10 | $0.94 | $0.92 | $0.66 | $1.01 | $0.88 | $0.84 |
| Shares Outstanding (Basic) | 310.2M | 306.4M | 300.4M | 299.7M | 298.5M | 298.2M | 297.6M | 298.0M |
| Shares Outstanding (Diluted) | 310.8M | 307.1M | 301.0M | 300.4M | 299.1M | 299.1M | 298.3M | 298.8M |
| Dividends Per Share | $0.57 | $0.57 | $0.54 | $0.54 | $0.54 | $0.54 | $0.52 | $0.52 |