CMS Energy said reported diluted earnings per share for Q3 2025 were $0.92, compared to $0.84 for Q3 2024, and adjusted earnings per share were $0.93, compared to $0.84 for Q3 2024.

1. 01

   CMS Energy said reported diluted earnings per share for Q3 2025 were $0.92, compared to $0.84 for Q3 2024, and adjusted earnings per share were $0.93, compared to $0.84 for Q3 2024.

2. 02

   The company disclosed that operating revenue for Q3 2025 was $2,021 million, compared to $1,743 million for Q3 2024, and operating income was $481 million, compared to $367 million.

3. 03

   CMS Energy raised its 2025 adjusted earnings per share guidance to $3.56 to $3.60 from $3.54 to $3.60, initiated 2026 adjusted earnings per share guidance of $3.80 to $3.87, and reaffirmed its long-term adjusted EPS growth of 6 to 8%.

4. 04

   The company disclosed that net cash provided by operating activities for the 9 months ended September 30, 2025 was $1,757 million, net cash used in investing activities was $2,926 million, and net cash provided by financing activities was $1,423 million.

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Original filing

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