CMS Energy (CMS) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year ago. The improvement reflects higher revenue from the prior period and a year-over-year gain.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year ago. The improvement reflects higher revenue from the prior period and a year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+8.6%
Change from the immediately preceding quarter.
Year-over-year
+4.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.9B | -15.6% |
| Mar 31, 2024 | $2.1B | -4.6% |
| Jun 30, 2024 | $1.6B | +4.1% |
| Sep 30, 2024 | $1.7B | +4.4% |
Revenue performance
The reported revenue shows an upward trend from the previous quarter and a year-over-year increase.
Quarterly comparison
Compared to the preceding quarter, revenue improved. Compared to the same quarter a year earlier, revenue also increased.
What to watch
The sequential revenue pattern over the past four quarters shows alternating increases and decreases.