Short answer
CMS Energy (CMS) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $2.7B (up 11.6% year over year) with net income of $340M.
Q1 2026 key financials · XBRL
- Revenue
- $2.7B
- +11.6% YoY
- Net income
- $340M
- +11.8% YoY
- Operating margin
- 18.3%
- EPS (diluted)
- $1.10
- +8.9% YoY
Source: XBRL data from the CMS Energy (CMS) Q1 2026 10-Q on SEC EDGAR. USD.
CMS Energy Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $338M vs $302M YoY; diluted EPS $1.10 vs $1.01
- Best segment NorthStar Clean Energy, income $41M vs $(18)M, driven by new renewable projects
- Worst segment Electric Utility, income $110M vs $124M, despite $25M rate-increase benefit
- Cash $263M at March 31; operating cash flow $705M vs $1,000M YoY
- Capital spending drove investing cash use to $1,073M vs $918M; outlook includes electric-delivery growth and stable gas deliveries
Risk Factors
- Risk Factors incorporated by reference from most recent 10-K
- No newly added risk factor identified in the provided excerpt
- No material regulatory, legal, operational, competitive, or market changes disclosed
- No liquidity, debt maturity, currency, or concentration risk updates disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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