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What changed in Cms Energy Corp's latest annual report

In the year ended 31 Dec 2025, Cms Energy Corp's revenue rose 13.5% to USD 8.30bn, from USD 7.32bn; net income rose 6.8% to USD 1.07bn, from USD 1.00bn; cash and cash equivalents rose 394.2% to USD 509.00m, from USD 103.00m.

Year ended 31 Dec 2025. Source: 10-K filed 10 Feb 2026, read it on SEC EDGAR.

USD 7.32bn to USD 8.30bn

Revenue, up 13.5% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue7.32bn8.30bnUp 13.5%
Net income1.00bn1.07bnUp 6.8%
Total assets35.92bn39.94bnUp 11.2%
Long-term debt15.19bn17.81bnUp 17.2%
Cash and cash equivalents103.00m509.00mUp 394.2%
Shareholders' equity8.23bn9.14bnUp 11.1%

Questions people ask

Did Cms Energy Corp's revenue grow last year?

Revenue grew 13.5%, from USD 7.32bn to USD 8.30bn in the year ended 31 Dec 2025.

Is Cms Energy Corp profitable?

Yes. Net income was USD 1.07bn in the year ended 31 Dec 2025. The year before: USD 1.00bn.

How much cash and debt does Cms Energy Corp have?

At its latest year end (31 Dec 2025), Cms Energy Corp reported cash and cash equivalents of USD 509.00m and long-term debt of USD 17.81bn.

Where do these numbers come from?

From Cms Energy Corp's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Cms Energy Corp (CMS) 10-K: what changed year on year | LYNORIQ Insights