CMS Energy (CMS) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.37
- EPS estimate
- $0.36
- EPS surprise
- +3.12%
- Revenue surprise
- −2.43%
- Revenue
- $1.8B
- Revenue estimate
- $1.9B
- Reported
- Jul 28, 2026
CMS Energy reported Q2 2026 results on July 28, 2026. Earnings per share came in at $0.37, ahead of the $0.36 estimate by 3.12%. Revenue was $1.8 billion, short of the $1.9 billion consensus by 2.43%. Compared with Q2 2025, EPS fell about 48% from $0.71, while revenue was unchanged at $1.8 billion. The $0.37 result was the lowest quarterly EPS in the table.
First-quarter revenue has usually been the highest of the year, and Q1 2026 set the high in the table at $2.7 billion. Annual EPS rose every year, from $2.89 in 2022 to $3.11 in 2023, $3.34 in 2024 and $3.61 in 2025, a gain of about 25%. Annual revenue was less even, at $8.6 billion in 2022, $7.5 billion in 2023 and 2024, and $8.4 billion in 2025. The first half of 2026 adds up to $1.50 per share, about 13% below a year earlier. CMS Energy topped the EPS estimate in all of the last 20 quarters.
CMS Energy reported Q3 results between October 26 and October 31 in each of the past five years. That points to late October 2026 for the next report. It will show whether the first-half gap to 2025 narrows.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 28, 2026 | $0.36 | $0.37 | +3.12% | $1.8B | SEC |
| Q1 2026 | Apr 28, 2026 | $1.10 | $1.13 | +2.79% | $2.7B | SEC |
| Q4 2025 | Feb 5, 2026 | $0.93 | $0.95 | +1.87% | $2.2B | SEC |
| Q3 2025 | Oct 30, 2025 | $0.86 | $0.93 | +8.16% | $2.0B | SEC |
| Q2 2025 | Jul 31, 2025 | $0.68 | $0.71 | +4.38% | $1.8B | SEC |
| Q1 2025 | Apr 24, 2025 | $1.01 | $1.02 | +1.30% | $2.4B | SEC |
| Q4 2024 | Feb 6, 2025 | $0.87 | $0.87 | +0.02% | $2.0B | SEC |
| Q3 2024 | Oct 31, 2024 | $0.78 | $0.84 | +8.19% | $1.7B | SEC |
| Q2 2024 | Jul 25, 2024 | $0.62 | $0.66 | +6.30% | $1.6B | SEC |
| Q1 2024 | Apr 25, 2024 | $0.92 | $0.97 | +5.48% | $2.2B | SEC |
| Q4 2023 | Feb 1, 2024 | $1.04 | $1.05 | +0.61% | $1.9B | SEC |
| Q3 2023 | Oct 26, 2023 | $0.59 | $0.61 | +3.95% | $1.7B | SEC |
| Q2 2023 | Jul 27, 2023 | $0.70 | $0.75 | +7.76% | $1.6B | SEC |
| Q1 2023 | Apr 27, 2023 | $0.70 | $0.70 | +0.17% | $2.3B | SEC |
| Q4 2022 | Feb 2, 2023 | $0.57 | $0.60 | +4.79% | $2.3B | SEC |
| Q3 2022 | Oct 27, 2022 | $0.54 | $0.56 | +4.34% | $2.0B | — |
| Q2 2022 | Jul 28, 2022 | $0.44 | $0.53 | +19.75% | $1.9B | — |
| Q1 2022 | May 3, 2022 | $1.13 | $1.20 | +6.24% | $2.4B | — |
| Q4 2021 | Feb 3, 2022 | $0.44 | $0.47 | +7.18% | $2.0B | — |
| Q3 2021 | Oct 28, 2021 | $0.53 | $0.54 | +1.66% | $1.7B | — |
Quarterly revenue
Frequently asked questions
When did CMS Energy (CMS) last report earnings?
CMS Energy last reported on Jul 28, 2026, covering fiscal Q2 2026.
Did CMS beat earnings estimates?
Yes. CMS Energy reported EPS of $0.37 for Q2 2026 against a $0.36 estimate — a 3.12% beat.
How much revenue did CMS report last quarter?
CMS Energy reported $1.8B in revenue for Q2 2026, against a consensus estimate of $1.9B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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