FINHUB Insights

CMS · Q2 FY26 · Jun 30, 2026

CMS Energy Q2 FY26: where the revenue came from and where it went

CMS Energy Q2 FY26: revenue $1.8B (+0% year over year). Net profit $0.1B. Largest cohort Electric Utility $1.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 30, 2026
Reported
Jul 28, 2026 10-Q
Sankey diagram of CMS Energy's income statement for Q2 FY26: revenue of $1.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.8B +0% year over year
Operating profit$0.3B 14% margin
Net profit$0.1B 7% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 1.8 100% +0%
Electric Utility 1.3 72% −2%
Gas Utility 0.4 22% +0%
North Star Clean Energy 0.1 6% +12%
Maintenance and other operating−1.125%+0pp
Depreciation and amortization−0.317%+0pp
General taxes−0.16%+0pp
Fuel for electric generation−0.16%+0pp
Operating profit0.314% margin−3pp
Interest & other costs−0.2
Net profit0.17%−4pp
Filing on EDGAR More quarters of CMS

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters