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CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 (CMSD) Income Statement Waterfall

Follow every dollar of CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079's revenue down to net income — how much COGS, OpEx, and taxes each consume, and the margin that survives at every step.

Revenue

$8.82B

Gross Margin

+35.2%

Operating Margin

+19.5%

Net Margin

+12.5%

Income statement waterfall for CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 (CMSD) — TTM through Q1 2026

Net income: $1.11B

Margin breakdown for CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 (CMSD) — TTM through Q1 2026

  • Revenue$8.82B
  • Cost of Revenue−$5.71B
  • Gross Profit$3.11B
  • Operating Expenses−$1.38B
  • Operating Income$1.72B
  • Other Income / Expense−$471.00M
  • Pre-tax Income$1.25B
  • Income Tax−$268.00M
  • Other Items$123.00M
  • Net Income$1.11B
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