Every material Form 8-K CMS Energy filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On November 3, 2026, CMS Energy issued and sold $1 billion of 6.800% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 under a shelf registration. The company plans to use the net proceeds to repay its $275 million 2.95% Senior Notes due February 2027 and its $350 million 3.45% Senior Notes due August 2027, and for general corporate purposes. The filing mainly adds offering documents as exhibits to the registration statement.
$1,000,000,000 principal of 6.800% junior subordinated notes due 2057 issued November 3, 2026, under shelf registration No. 333-293382
Proceeds earmarked to repay $275 million 2.95% senior notes due February 2027 and $350 million 3.45% senior notes due August 2027, plus general corporate purposes
Estimated offering expenses total $1,800,000, including $1,550,350 in rating agency fees
Underwriters named include Deutsche Bank Securities, J.P. Morgan Securities, Mizuho Securities, Morgan Stanley, MUFG Securities Americas and Wells Fargo Securities
CMS Energy reported third-quarter 2026 GAAP earnings of $0.39 per diluted share, down from $0.92 a year earlier, after asset impairment and restructuring charges tied to NorthStar Clean Energy. Adjusted earnings per share rose to $1.44 from $0.93, and the company reaffirmed its 2026 and 2027 adjusted EPS guidance, which means shareholders see a large one-time charge in reported results while the company's adjusted outlook is unchanged.
Q3 2026 operating revenue was $2,183 million, up from $2,021 million in Q3 2025.
Q3 2026 net income available to common stockholders was $121 million, compared with $275 million a year earlier.
Reaffirmed 2026 adjusted EPS guidance of $3.83 to $3.90 per share and 2027 guidance of $4.08 to $4.17.
Asset impairment and restructuring activities added $1.08 per share to the quarter's reconciling items, with a $0.39 GAAP reported figure.
CMS Energy reported second-quarter 2026 diluted earnings of $0.37 per share, down from $0.66 a year earlier, and adjusted EPS of $0.37 versus $0.71. The company also said it is exiting non-utility renewables development at NorthStar Clean Energy and reaffirmed 2026 adjusted EPS guidance of $3.83 to $3.90 while introducing 2027 guidance of $4.08 to $4.17, which matters to shareholders because it sets the company's near-term earnings outlook after a weaker quarter.
Q2 2026 operating revenue was $1,829 million versus $1,838 million in Q2 2025; net income available to common stockholders was $117 million versus $198 million
First-half 2026 diluted EPS was $1.47 versus $1.67; adjusted EPS was $1.50 versus $1.73
2026 adjusted EPS guidance of $3.83 to $3.90 was reaffirmed, with confidence toward the high end; 2027 guidance is $4.08 to $4.17
NorthStar Clean Energy strategic review completed; the company retains Dearborn Industrial Generation and Michigan solar projects and targets restructuring completion by year-end 2026
CMS Energy announced that Rejji P. Hayes retired as executive vice president and chief financial officer effective June 3, 2026, and that Srikanth (Sri) Maddipati, 43, succeeded him in the role the same day. The company also reaffirmed on June 3, 2026 the guidance it gave on April 28, 2026, which signals no change to its outlook in the filing.
Srikanth (Sri) Maddipati, 43, named executive vice president and CFO of CMS Energy and Consumers Energy, effective June 3, 2026; he joined the company in 2014 as assistant treasurer
Maddipati's base salary set at $775,000 annually, with a standard incentive award of 80% of base salary, both effective June 3, 2026
Maddipati to receive $750,000 in tenure-based restricted stock that cliff vests on his third-year service anniversary
CMS Energy reaffirmed its guidance as of June 3, 2026, as provided on April 28, 2026; Chris Fultz named president of electric supply, effective June 3
CMS Energy reported first-quarter 2026 diluted earnings of $1.10 per share, up from $1.01 a year earlier, and adjusted earnings of $1.13 per share, up from $1.02. The company reaffirmed its 2026 adjusted EPS guidance of $3.83 to $3.90 per share and said it expects results toward the high end of that range, which matters to shareholders because it signals no change to the outlook after a quarter of higher revenue and profit.
Operating revenue rose to $2,730 million from $2,447 million, while operating income was $490 million compared with $494 million.
Net income available to common stockholders was $338 million, up from $302 million.
2026 adjusted EPS guidance of $3.83 to $3.90 was reaffirmed, with long-term adjusted EPS growth of 6 to 8 percent unchanged.
Results were presented on a webcast on April 28, 2026 at 10:00 a.m. ET.
CMS Energy and its subsidiary Consumers Energy elected Diane Leopold and Richard P. Keyes to their boards of directors, effective February 20, 2026. Both boards increased their membership from nine to eleven, and the new directors take committee seats, including Leopold on Compensation and Human Resources and Finance, and Keyes on Audit and Governance, Sustainability and Public Responsibility. The filing describes board composition changes and does not report any financial results or guidance.
Diane Leopold, retired EVP and chief operating officer of Dominion Energy, joins the boards and the Compensation and Human Resources and Finance committees
Richard P. Keyes, president and CEO of Meijer, Inc., joins the boards and the Audit and Governance, Sustainability and Public Responsibility committees
Both boards increased authorized membership from nine to eleven members
Each new director will receive a pro-rata restricted stock grant and enter into Director Indemnification Agreements
CMS Energy reported 2025 diluted earnings per share of $3.53, up from $3.33 in 2024, and adjusted EPS of $3.61 versus $3.34. Operating revenue rose to $8.5 billion from $7.5 billion, and the company raised its 2026 adjusted EPS guidance to $3.83 to $3.90 from $3.80 to $3.87. For shareholders, the filing shows higher 2025 earnings, a higher 2026 earnings outlook, and an 11-cent increase in the annual dividend.
2025 diluted EPS was $3.53 versus $3.33 in 2024; adjusted EPS was $3.61 versus $3.34
2026 adjusted EPS guidance raised to $3.83 to $3.90 from $3.80 to $3.87; long-term adjusted EPS growth of 6 to 8 percent reaffirmed
Annual dividend increased 11 cents per share to $2.28 for 2026, the 20th increase in as many years
Fourth-quarter 2025 diluted EPS was $0.94 versus $0.87 a year earlier; webcast set for February 5, 2026 at 10:00 a.m. ET
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CMS Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →