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Operating Revenue by Segment
Breaks down revenue from different business segments, highlighting which areas are driving growth and profitability. This helps assess the company's strategic focus and market position.Electric and gas revenue patterns are driven by clear seasonality—summer electric peaks and winter gas surges—but both series are drifting higher, with recent gas volatility producing near‑parity quarters that heighten earnings sensitivity to weather and pass‑throughs. Management’s favorable rate outcomes and growing NorthStar renewables are underpinning this revenue lift, and data‑center load growth offers upside; however, the five‑year capex push and planned equity issuance (plus Moody’s negative outlook) mean revenue gains could be offset by financing pressure and dilution risk for shareholders.
Date | Electric Utility | Gas Utility | Northstar Clean energy |
|---|---|---|---|
Jun 30, 2026 | $1.34B | $388.00M | $103.00M |
Mar 31, 2026 | $1.37B | $1.24B | $118.00M |
Dec 31, 2025 | $1.30B | $823.00M | $109.00M |
Sep 30, 2025 | $1.68B | $234.00M | $108.00M |
Jun 30, 2025 | $1.36B | $387.00M | $92.00M |
Mar 31, 2025 | $1.30B | $1.05B | $99.00M |
Dec 31, 2024 | $1.25B | $653.00M | $81.00M |
Sep 30, 2024 | $1.45B | $213.00M | $82.00M |
Jun 30, 2024 | $1.23B | $307.00M | $74.00M |
Mar 31, 2024 | $1.13B | $965.00M | $79.00M |