Filing Flows › CMS Energy (CMS) › Q3 2026 › vs Q2 2026
CMS Energy (CMS) Q3 2026 vs Q2 2026 (quarter over quarter)
CMS Energy's revenue rose $354M (+19%) from $1.8B in Q2 2026 to $2.2B in Q3 2026.
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 draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.2B | $1.8B | $354M | +19% |
| Income tax benefit | $22.0M | −$33.0M | $55.0M | — |
| Net loss | $91.0M | −$96.0M | $187M | — |
| Costs & expenses | $2.3B | $1.8B | $467M | +26% |
| Operating costs | $2.1B | $1.6B | $571M | +36% |
| Interest & other, net | $160M | $135M | $25.0M | +19% |
| Operating cash sources | $562M | $526M | $36.0M | +7% |
| Depreciation & amortization | $298M | $308M | −$10.0M | -3% |
| Working capital & other | $264M | $218M | $46.0M | +21% |
| Net loss absorbed | $91.0M | −$96.0M | $187M | — |
| Operating cash flow | $471M | $622M | −$151M | -24% |
| Capital expenditures | $939M | $967M | −$28.0M | -3% |
| Negative free cash flow (OCF − capex) | $468M | $345M | $123M | +36% |
Questions
How much did CMS Energy's revenue grow quarter over quarter in Q3 2026?
CMS Energy's revenue rose $354M (+19%) from $1.8B in Q2 2026 to $2.2B in Q3 2026.