Revenue for CMS Energy (CMS)
According to CMS Energy's latest reported financial statements, the company's current revenue (TTM) is $8.82B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CMS
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TTM (last 4 quarters)
$8.82B
YoY change
+13.6%
5Y CAGR
+5.9%
Peak year (2000)
$8.74B
Cumulative revenue
$234.87B
Revenue history chart for CMS Energy (CMS) from 1985 to 2025
Revenue history table for CMS Energy (CMS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $8.54B | +13.6% | ||
| 2024 | $7.51B | +0.7% | ||
| 2023 | $7.46B | -13.2% | ||
| 2022 | $8.60B | +17.3% | ||
| 2021 | $7.33B | +14.2% | ||
| 2020 | $6.42B | -3.1% | ||
| 2019 | $6.62B | -3.6% | ||
| 2018 | $6.87B | +4.4% | ||
| 2017 | $6.58B | +2.9% | ||
| 2016 | $6.40B | -0.9% | ||
| 2015 | $6.46B | -10.1% | ||
| 2014 | $7.18B | +9.3% | ||
| 2013 | $6.57B | +5.0% | ||
| 2012 | $6.25B | -3.8% | ||
| 2011 | $6.50B | +1.1% | ||
| 2010 | $6.43B | +3.7% | ||
| 2009 | $6.21B | -8.8% | ||
| 2008 | $6.81B | +5.3% | ||
| 2007 | $6.46B | +5.5% | ||
| 2006 | $6.13B | +4.2% | ||
| 2005 | $5.88B | +7.4% | ||
| 2004 | $5.47B | -0.7% | ||
| 2003 | $5.51B | -36.4% | ||
| 2002 | $8.67B | +8.3% | ||
| 2001 | $8.01B | -8.4% | ||
| 2000 | $8.74B | +47.5% | ||
| 1999 | $5.93B | +15.3% | ||
| 1998 | $5.14B | +7.5% | ||
| 1997 | $4.78B | +10.6% | ||
| 1996 | $4.32B | +11.2% | ||
| 1995 | $3.89B | +7.6% | ||
| 1994 | $3.61B | +3.8% | ||
| 1993 | $3.48B | +13.3% | ||
| 1992 | $3.07B | +4.5% | ||
| 1991 | $2.94B | -1.2% | ||
| 1990 | $2.98B | +0.5% | ||
| 1989 | $2.96B | +0.6% | ||
| 1988 | $2.94B | +5.1% | ||
| 1987 | $2.80B | -9.9% | ||
| 1986 | $3.11B | -5.8% | ||
| 1985 | $3.30B | — |
Revenue values are taken from CMS Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
CMS Energy (CMS) most recent annual revenue stands at $8.54B (2025) – grew 13.6% year-over-year.
CMS Energy revenue has grown for 2 consecutive years, with a +5.9% compound annual growth rate over 2020–2025 (5 years).
Between 2000 and 2025, CMS Energy revenue edged down 2.3%, falling from $8.74B to $8.54B.
Across the available history, revenue reached its high of $8.74B in 2000 and its low of $2.80B in 1987.
Among 8 Utilities peers, CMS Energy (CMS) ranks 9th; the peer median for revenue is $26.50B.
CMS Energy Revenue by Year
CMS Energy Revenue 2025: $8.54B
CMS Energy revenue in 2025 was $8.54B, grew 13.6% from 2024.
CMS Energy Revenue 2024: $7.51B
CMS Energy revenue in 2024 was $7.51B, edged up 0.7% from 2023.
CMS Energy Revenue 2023: $7.46B
CMS Energy revenue in 2023 was $7.46B, declined 13.2% below 2022.
CMS Energy Revenue 2022: $8.60B
CMS Energy revenue in 2022 was $8.60B, grew 17.3% from 2021.
CMS Energy Revenue 2021: $7.33B
CMS Energy revenue in 2021 was $7.33B.
See more financial history for CMS Energy (CMS).
Sector peers — Revenue
Companies in the same sector as CMS Energy, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| GE Vernova Inc. (GEV) | $38.07B | Utilities |
| Duke Energy Corporation (DUK) | $32.24B | Utilities |
| The Southern Company (SO) | $29.55B | Utilities |
| NextEra Energy, Inc. (NEE) | $27.48B | Utilities |
| Constellation Energy Corporation (CEG) | $25.53B | Utilities |
| American Electric Power Company, Inc. (AEP) | $21.78B | Utilities |
| Dominion Energy, Inc. (D) | $16.51B | Utilities |
| Sempra (SRE) | $13.71B | Utilities |
Frequently asked questions
What is CMS Energy's revenue?
- Latest reported revenue for CMS Energy (CMS) is $8.82B (period ending March 31, 2026).
How has CMS Energy revenue changed year-over-year?
- CMS Energy (CMS) revenue changed +13.6% year-over-year on the latest annual filing.
What is the long-term growth rate of CMS Energy revenue?
- CMS Energy (CMS) revenue compound annual growth rate is +5.9% over the most recent 5 years available.
When did CMS Energy revenue hit its highest annual value?
- CMS Energy revenue reached its highest annual value of $8.74B in 2000.
What was CMS Energy revenue in 2024?
- CMS Energy (CMS) revenue in 2024 was $7.51B.
What was CMS Energy revenue in 2025?
- CMS Energy (CMS) revenue in 2025 was $8.54B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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