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.
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From CMS Energy's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$8.30B
+13.5%
$3.53
+6.0%
12.9%
FY2024
$7.32B
+0.8%
$3.33
+10.6%
13.7%
FY2023
$7.26B
-12.7%
$3.01
+5.6%
12.2%
FY2022
$8.32B
+17.6%
$2.85
-38.8%
10.1%
FY2021
$7.08B
+13.4%
$4.66
+76.5%
19.1%
Frequently asked questions
When is CMS Energy's next earnings date?
CMS Energy has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did CMS Energy earn last quarter?
For the quarter ended Jun 2026, CMS Energy reported diluted EPS of $0.37 (-43.9% year over year) on revenue of $1.81B (+0.6%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.