CMS ENERGY CORP (CMS) Earnings History & Surprises
NYSE:CMS • US1258961002
77.83 USD
+1.05 (+1.37%)
At close: Mar 13, 2026
77.83 USD
0 (0%)
After Hours: 3/13/2026, 8:17:58 PM
Past quarterly earnings results for CMS ENERGY CORP (CMS), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateApr 22, 2026
PeriodQ1 / 2026
EPS Estimate$1.11
Revenue Estimate2.578B
Last Reported
Release DateFeb 5, 2026
PeriodQ4 / 2025
EPS Reported$0.94
EPS Surprise -1.18%
Revenue Surprise 17.40%
Beat Rate
56%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 0.94 | 0.95 | -1.18% | 8.05% | 2.233B | 1.902B | 17.40% | 12.27% |
| Q3 2025 | 0.93 | 0.85 | 8.88% | 10.71% | 2.021B | 1.864B | 8.42% | 15.95% |
| Q2 2025 | 0.71 | 0.70 | 2.11% | 7.58% | 1.838B | 1.755B | 4.73% | 14.37% |
| Q1 2025 | 1.02 | 1.02 | -0.41% | 5.15% | 2.447B | 2.26B | 8.27% | 12.45% |
| Q4 2024 | 0.87 | 0.88 | -1.09% | -17.14% | 1.989B | 2.242B | -11.28% | 2.00% |
| Q3 2024 | 0.84 | 0.79 | 6.96% | 37.70% | 1.743B | 1.899B | -8.21% | 4.18% |
| Q2 2024 | 0.66 | 0.63 | 4.48% | -12.00% | 1.607B | 1.77B | -9.21% | 3.34% |
| Q1 2024 | 0.97 | 0.95 | 2.62% | 38.57% | 2.176B | 2.368B | -8.11% | -4.73% |
| Q4 2023 | 1.05 | 1.06 | -0.57% | 75.00% | 1.95B | 2.778B | -29.81% | -14.40% |
| Q3 2023 | 0.61 | 0.62 | -1.18% | 8.93% | 1.673B | 2.13B | -21.46% | -17.34% |
| Q2 2023 | 0.75 | 0.70 | 6.63% | 41.51% | 1.555B | 2.06B | -24.51% | -19.01% |
| Q1 2023 | 0.70 | 0.77 | -9.20% | -41.67% | 2.284B | 2.25B | 1.51% | -3.79% |
| Q4 2022 | 0.60 | 0.39 | 52.39% | 27.66% | 2.278B | 1.643B | 38.65% | 12.05% |
| Q3 2022 | 0.56 | 0.55 | 1.40% | 3.70% | 2.024B | 1.764B | 14.74% | 17.33% |
| Q2 2022 | 0.53 | 0.51 | 4.52% | -14.52% | 1.92B | 1.641B | 17.00% | 23.23% |
| Q1 2022 | 1.20 | 1.13 | 6.51% | -0.83% | 2.374B | 2.118B | 12.09% | 13.97% |
| Q4 2021 | 0.47 | 0.44 | 5.78% | -16.07% | 2.033B | 1.744B | 16.57% | 13.07% |
| Q3 2021 | 0.54 | 0.54 | -0.27% | -29.87% | 1.725B | 1.606B | 7.41% | 9.52% |
| Q2 2021 | 0.62 | 0.47 | 32.94% | 26.53% | 1.558B | 1.514B | 2.91% | 7.97% |
| Q1 2021 | 1.21 | 1.15 | 5.25% | 40.70% | 2.083B | 2.033B | 2.46% | 11.75% |
| Q4 2020 | 0.56 | 0.56 | 0.08% | - | 1.798B | 1.81B | -0.66% | - |
| Q3 2020 | 0.77 | 0.72 | 6.25% | - | 1.575B | 1.627B | -3.20% | - |
| Q2 2020 | 0.49 | 0.43 | 14.34% | - | 1.443B | 1.517B | -4.88% | - |
| Q1 2020 | 0.86 | 0.80 | 7.50% | - | 1.864B | 2.099B | -11.20% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
2
Average EPS beat (4)
2.35%
Max EPS beat (4)
8.88%
Min EPS beat (4)
-1.18%
Revenue beat statistics
Revenue beat (4)
4
Average Revenue beat (4)
9.71%
Max Revenue beat (4)
17.40%
Min Revenue beat (4)
4.73%
Analysis
In the last 4 quarters, CMS has beaten EPS estimates in 2 out of 4 releases
CMS has consistently beaten revenue estimates in all past 4 earnings releases
In the last 4 quarters, CMS has beaten the EPS estimates by 2.3% on average.
In the last 4 quarters, CMS has beaten the revenue estimates by 9.7% on average.
CMS ENERGY CORP / CMS Earnings FAQ
When did CMS ENERGY CORP (CMS) report earnings last quarter?
CMS ENERGY CORP (CMS) last reported earnings on 2/5/2026.
Did CMS ENERGY CORP (CMS) beat earnings estimates last quarter?
CMS ENERGY CORP (CMS) missed EPS estimates and beat revenue estimates in the most recent quarter.
What percentage of the time does CMS stock beat earnings estimates?
In the last 4 quarters, CMS ENERGY CORP (CMS) has beaten EPS estimates in 2 out of 4 releases.