CMS Energy (CMS) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter increased compared to the prior quarter. Revenue also rose compared to the same quarter a year earlier.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter increased compared to the prior quarter. Revenue also rose compared to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+8.1%
Change from the immediately preceding quarter.
Year-over-year
+13.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.3B
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 |
|---|---|---|
| Mar 31, 2025 | $2.4B | +11.8% |
| Jun 30, 2025 | $1.8B | +14.1% |
| Sep 30, 2025 | $2B | +15.4% |
| Dec 31, 2025 | $2.1B | +13.0% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter. The year-over-year comparison also shows growth.
Quarterly comparison
Compared to the prior quarter, revenue moved higher. Versus the same quarter one year ago, revenue was also higher.
What to watch
The filing context references management discussion and analysis, which may provide further detail on revenue drivers.