8-KEarnings & ResultsRegulation FDExhibits & Filings

CMS ENERGY CORP 8-K Report, Financial Results (Jul 31, 2025)

Filed July 31, 2025For Securities:CMSCMS-PCCMSACMSCCMSD

Summary

CMS Energy Corporation (CMS) filed an 8-K on July 31, 2025, to announce its second quarter 2025 results. The report primarily references a furnished news release (Exhibit 99.1) and a presentation (Exhibit 99.2) which contain the detailed financial results and outlook. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," for reporting performance. While a reconciliation to GAAP is provided for historical periods, forward-looking earnings guidance does not include a reconciliation due to the unpredictable nature of certain potential adjustments. The company also announced a webcast to discuss these results and its business and financial outlook, scheduled for the same day. Investors are encouraged to review the accompanying news release and presentation for specific financial figures and management's commentary on performance and future expectations. CMS Energy emphasizes that information shared in this 8-K, including exhibits, is furnished and not deemed "filed" under Section 18 of the Exchange Act.

Key Highlights

  • 1CMS Energy announced its second quarter 2025 financial results on July 31, 2025, via an 8-K filing.
  • 2The report primarily incorporates by reference a furnished news release (Exhibit 99.1) and presentation (Exhibit 99.2) containing detailed results and outlook.
  • 3The company uses non-GAAP financial measures, particularly 'adjusted earnings,' to report operating performance.
  • 4Reconciliations for non-GAAP measures to GAAP are provided for historical results, but not for forward-looking earnings guidance.
  • 5CMS Energy will hold a webcast on July 31, 2025, to discuss Q2 results and provide a business and financial outlook.
  • 6Information furnished in this 8-K is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

The main purpose of this 8-K filing is to report CMS Energy's second quarter 2025 financial results and to furnish investors with the accompanying news release and presentation that contain these details and the company's outlook.

The filing indicates that CMS Energy provides forward-looking earnings guidance, but it does not include a reconciliation of this guidance to GAAP measures. This is because the company cannot predict the impact of certain potential future adjustments.

The specific financial details for the second quarter are contained within the furnished news release (Exhibit 99.1) and the presentation (Exhibit 99.2) attached to the 8-K filing. Investors can also access these details via the company's webcast.

CMS Energy uses 'adjusted earnings' as a key measure of its operating performance. While these non-GAAP measures are useful for understanding management's perspective, they should be considered supplemental to, and not a substitute for, GAAP-based financial results. Reconciliations are provided to help investors understand the adjustments made.