CMS Energy Corp. revenue by year
Over the 10 fiscal years shown, revenue went from $6.40B (year ended Dec 31, 2016) to $8.54B (year ended Dec 31, 2025), a compound annual growth rate of 3.3%. The fastest growth was +17.3% in the year ended Dec 31, 2022; the weakest year was −13.2% (year ended Dec 31, 2023).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $8.54B | +13.6% | Revenues | 10-K filed Feb 10, 2026 |
| Dec 31, 2024 | $7.51B | +0.7% | Revenues | 10-K filed Feb 10, 2026 |
| Dec 31, 2023 | $7.46B | −13.2% | Revenues | 10-K filed Feb 10, 2026 |
| Dec 31, 2022 | $8.60B | +17.3% | Revenues | 10-K filed Feb 11, 2025 |
| Dec 31, 2021 | $7.33B | +14.2% | Revenues | 10-K filed Feb 8, 2024 |
| Dec 31, 2020 | $6.42B | −3.1% | Revenues | 10-K filed Feb 9, 2023 |
| Dec 31, 2019 | $6.62B | −3.6% | Revenues | 10-K filed Feb 10, 2022 |
| Dec 31, 2018 | $6.87B | +4.4% | Revenues | 10-K filed Feb 11, 2021 |
| Dec 31, 2017 | $6.58B | +2.9% | Revenues | 10-K filed Feb 6, 2020 |
| Dec 31, 2016 | $6.40B | −0.9% | Revenues | 10-K filed Feb 5, 2019 |
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Jun 30, 2026 | $1.83B | −0.5% | 10-Q filed Jul 28, 2026 |
| 3 months ended Mar 31, 2026 | $2.73B | +11.6% | 10-Q filed Apr 28, 2026 |
| 3 months ended Sep 30, 2025 | $2.02B | +15.9% | 10-Q filed Oct 30, 2025 |
| 3 months ended Jun 30, 2025 | $1.84B | +14.4% | 10-Q filed Jul 28, 2026 |
| 3 months ended Mar 31, 2025 | $2.45B | +12.5% | 10-Q filed Apr 28, 2026 |
| 3 months ended Sep 30, 2024 | $1.74B | +4.2% | 10-Q filed Oct 30, 2025 |
| 3 months ended Jun 30, 2024 | $1.61B | +3.3% | 10-Q filed Jul 31, 2025 |
| 3 months ended Mar 31, 2024 | $2.18B | −4.7% | 10-Q filed Apr 24, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 811156 (raw data). Most recent filing in this dataset: 10-Q filed Jul 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.