Companies: 10,795·Total market cap: $144.5T
CMS Energy Corporation

CMS Energy Corporation

CMSNYSEUtilities● Active
$71.53
$-0.51(-0.70%)
Market Cap$22.1B
P/E Ratio
52W High$80.36
52W Low$68.41
Overview

CMS Energy Corporation (CMS) Revenue

Annual & quarterly revenue history · segment & region breakdown

CMS · revenue · updated Jun 8, 2026

Core revenue metrics

CMS Energy Corporation trailing twelve-month (TTM) revenue is $8.82B, an increase of 13.63% year-over-year from $8.54B in FY2025.

TTM revenue
$8.82B
4-quarter sum · USD
YoY growth
+13.63%
vs FY2025 $8.54B
Price / sales
2.50×
mktCap ÷ TTM rev
Revenue per day
$24M
Est. TTM ÷ 365
Revenue / employee
$1060K
8324 employees
FY2025
$8.54B
FY2024
$7.51B
5Y CAGR
+3.1%
Fiscal year end
Dec 31
Currency
USD · GAAP
Filing
10-K / 10-Q
Source: FMP · CMS Energy Corporation SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252006 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-12-31$8.54B+$1.02B+13.63%
2024-12-31$7.51B+$0.05B+0.71%
2023-12-31$7.46B-$1.13B-13.19%
2022-12-31$8.60B+$1.27B+17.29%
2021-12-31$7.33B+$0.91B+14.19%
2020-12-31$6.42B-$0.21B-3.11%
2019-12-31$6.62B-$0.25B-3.62%
2018-12-31$6.87B+$0.29B+4.41%
2017-12-31$6.58B+$0.18B+2.88%
2016-12-31$6.40B-$0.06B-0.88%
CMS revenue by year · CMS revenue history · CMS annual revenue data

Compare revenue vs peers

Regulated Electric

Compare CMS revenue against listed peers. Click any row to open that company's revenue tab.

Revenue breakdown

Segment & Geography
By business segment
Total$7.61B
$4.36B57.3%
$2.43B31.9%
$0.82B10.8%
By geography
No segment data available for this period.
Data from CMS Energy Corporation annual 10-K filing · FY ending 2025-12-31
CMS revenue breakdown · CMS revenue by segment · CMS revenue by region

About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income CMS Energy Corporation receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

CMS Energy Corporation reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.

Data sourced from CMS Energy Corporation's 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

CMS revenue · 4 questions

CMS's trailing twelve-month (TTM) revenue is $8.82B. That is an increase of 13.63% year-over-year from $8.54B in FY2025.

CMS revenueCMS annual revenuewhat is CMS revenueCMS TTM revenue

Source: FMP · CMS Energy Corporation SEC filings · GAAP · CMS Energy Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026