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CMS Energy (CMS) capital expenditures by quarter

CMS Energy's capital expenditures were $939M in Q3 2026 (third quarter 2026), -3% from Q2 2026. Over the last 6 quarters it ranged from $884M (Q2 2025) to $1.0B (Q1 2026).

CMS Energy capital expenditures by quarterCMS Energy capital expenditures by quarter$888MQ1 2025$884MQ2 2025$978MQ3 2025$1.0BQ1 2026$967MQ2 2026$939MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$939M-3%-4%
Q2 2026$967M-7%+9%
Q1 2026$1.0B+6%+17%
Q3 2025$978M+11%—
Q2 2025$884M-0.5%—
Q1 2025$888M——

Q3 2026 at a glance

CMS Energy, Q3 2026: revenue $2.2B (+8% year over year), operating margin 2.2%, net loss $91.0M, operating cash flow $471M. The chart follows the revenue to costs, profit and cash.

Questions

What is CMS Energy's capital expenditures?

CMS Energy's capital expenditures were $939M in Q3 2026 (third quarter 2026), -3% from Q2 2026.

How has CMS Energy's capital expenditures changed?

Over the last 6 quarters it ranged from $884M (Q2 2025) to $1.0B (Q1 2026).

Q3 2026 results → · How CMS Energy makes money →