CMS ENERGY CORP reported revenue of $1.83B for the period ended 2026-06-30, -0.5% year on year. Net income was $0.12B, a 6.6% net margin on a 100.0% gross margin. The largest revenue line is Residential Utility Services at 34% of the total. Free cash flow for the period was $-0.51B.
| Item | Amount | Y/Y |
|---|---|---|
| Revenue | $1.83B | -0.5% |
| Gross profit | $1.83B | — |
| Operating income | $0.26B | — |
| Net income | $0.12B | -40.3% |
| Gross margin | 100.0% | Net margin 6.6% |
| Revenue Q/Q | -33.0% | — |
| Segment | Revenue | Share |
|---|---|---|
| Residential Utility Services | $0.63B | 34.4% |
| Commercial Utility Service | $0.47B | 25.5% |
| Gas Utility | $0.39B | 21.2% |
| Industrial Utility Service | $0.19B | 10.3% |
| North Star Clean Energy | $0.10B | 5.6% |
| Other Utility Service | $0.05B | 2.7% |
| Item | Amount | % of revenue |
|---|---|---|
| Tax & other | $0.14B | 7.9% |
| Item | Amount |
|---|---|
| Total assets | $40.91B |
| Total liabilities | $30.51B |
| Shareholders' equity | $10.40B |
| Equity / assets | 25.4% |
| Operating cash flow | $0.59B |
| Capital expenditure | $1.10B |
| Free cash flow | $-0.51B |
| Cash conversion (OCF / net income) | 492% |
The Sankey chart shows how revenue splits into cost of revenue, R&D and SG&A, and what remains as profit — clean visuals for research decks and social posts.
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Source: SEC EDGAR · This page shows public filing data only, not investment advice. · Browse all companies