8-KEarnings & ResultsRegulation FDExhibits & Filings

CMS ENERGY CORP 8-K Report, Financial Results (Apr 28, 2026)

Filed April 28, 2026For Securities:CMSCMS-PCCMSACMSCCMSD

Summary

CMS Energy Corporation (CMS) has filed an 8-K report on April 28, 2026, to announce its first quarter 2026 financial results. The filing primarily consists of a news release (Exhibit 99.1) detailing these results and a presentation (Exhibit 99.2) to be discussed on a webcast. Investors should note that the company utilizes non-GAAP financial measures, specifically "adjusted earnings," which management considers a key indicator of operational performance and is used for external communications. While these adjusted figures are provided with reconciliations to GAAP measures, the company does not provide earnings guidance on a GAAP basis due to the unpredictability of certain items. The webcast, scheduled for the same day as the filing, will offer further insights into the company's financial performance and future outlook.

Key Highlights

  • 1CMS Energy announced its Q1 2026 results via an 8-K filing on April 28, 2026.
  • 2The report includes a news release (Exhibit 99.1) and a presentation (Exhibit 99.2) for a webcast discussion.
  • 3The company emphasizes its use of "adjusted earnings" as a key performance metric, distinct from GAAP net income.
  • 4Reconciliations for non-GAAP financial measures to their GAAP equivalents are provided, excluding forward-looking guidance.
  • 5Potential adjustments to earnings include items like discontinued operations, asset sales, impairments, and regulatory matters.
  • 6CMS Energy will host a webcast on April 28, 2026, at 10:00 a.m. (ET) to discuss results and provide a business/financial outlook.
  • 7Information from this 8-K, including exhibits, is furnished and not deemed "filed" under Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce CMS Energy Corporation's financial results for the first quarter of 2026 and to provide related materials for investors, including a news release and a presentation for an upcoming webcast.

Adjusted earnings are non-GAAP financial measures that management uses to assess the company's operational performance. CMS Energy views them as a key indicator of present operating financial performance and uses them for external communications with analysts and investors, as they may exclude certain unpredictable or one-time items that can significantly impact reported GAAP earnings.

This filing indicates that CMS Energy is not providing forward-looking earnings guidance on a GAAP basis because it cannot estimate the impact of specific line items that could significantly affect future reported earnings. While adjusted earnings are discussed, future guidance on this metric is also not explicitly provided in the filing itself.

More details can be found in Exhibit 99.1 (News Release) and Exhibit 99.2 (Presentation) attached to this 8-K filing. Additionally, CMS Energy will host a webcast on April 28, 2026, at 10:00 a.m. (ET) to discuss these results and provide a business and financial outlook. The webcast will be available on the CMS Energy website (www.cmsenergy.com).