CMS Energy Q2 FY26: where the revenue came from and where it went
The whole income statement of CMS Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 28, 2026
Revenue$1.83B
+0% year over year
Operating profit$0.13B
7% margin
Net profit$0.12B
7% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.83 | 100% | +0% |
| Electric utility | 1.34 | 73% | −2% |
| Gas utility | 0.39 | 21% | +0% |
| North star clean energy | 0.10 | 6% | +12% |
| Operating expenses | −1.70 | 93% | |
| Other | −0.71 | 39% | +0pp |
| Maintenance and other operating | −0.46 | 25% | +0pp |
| Depreciation and amortization | −0.31 | 17% | +0pp |
| General taxes | −0.12 | 6% | +0pp |
| Fuel for electric generation | −0.10 | 6% | +0pp |
| Operating profit | 0.13 | 7% margin | −7pp |
| Other income, net | 0.02 | ||
| Tax | −0.03 | ||
| Net profit | 0.12 | 7% margin | −4pp |
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