vs
Side-by-side financial comparison of CMS Energy (CMS) and Take-Two Interactive (TTWO). Click either name above to swap in a different company.
CMS Energy is the larger business by last-quarter revenue ($2.1B vs $1.7B, roughly 1.3× Take-Two Interactive). CMS Energy runs the higher net margin — 13.5% vs -5.5%, a 19.0% gap on every dollar of revenue. On growth, Take-Two Interactive posted the faster year-over-year revenue change (24.9% vs 13.0%). Over the past eight quarters, Take-Two Interactive's revenue compounded faster (10.2% CAGR vs -0.2%).
CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886.
Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993.
CMS vs TTWO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.7B |
| Net Profit | $289.0M | $-92.9M |
| Gross Margin | — | 55.7% |
| Operating Margin | 20.4% | -2.3% |
| Net Margin | 13.5% | -5.5% |
| Revenue YoY | 13.0% | 24.9% |
| Net Profit YoY | 9.1% | 25.8% |
| EPS (diluted) | $0.94 | $-0.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.1B | $1.7B | ||
| Q3 25 | $2.0B | $1.8B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $2.4B | $1.6B | ||
| Q4 24 | $1.9B | $1.4B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.6B | $1.3B | ||
| Q1 24 | $2.1B | $1.4B |
| Q4 25 | $289.0M | $-92.9M | ||
| Q3 25 | $277.0M | $-133.9M | ||
| Q2 25 | $201.0M | $-11.9M | ||
| Q1 25 | $304.0M | $-3.7B | ||
| Q4 24 | $265.0M | $-125.2M | ||
| Q3 24 | $253.0M | $-365.5M | ||
| Q2 24 | $198.0M | $-262.0M | ||
| Q1 24 | $287.0M | $-2.9B |
| Q4 25 | — | 55.7% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 62.8% | ||
| Q1 25 | — | 50.8% | ||
| Q4 24 | — | 55.9% | ||
| Q3 24 | — | 53.8% | ||
| Q2 24 | — | 57.6% | ||
| Q1 24 | — | 33.5% |
| Q4 25 | 20.4% | -2.3% | ||
| Q3 25 | 24.4% | -5.5% | ||
| Q2 25 | 17.6% | 1.4% | ||
| Q1 25 | 20.6% | -238.7% | ||
| Q4 24 | 22.5% | -9.7% | ||
| Q3 24 | 21.4% | -22.0% | ||
| Q2 24 | 18.0% | -13.8% | ||
| Q1 24 | 19.2% | -193.9% |
| Q4 25 | 13.5% | -5.5% | ||
| Q3 25 | 14.0% | -7.5% | ||
| Q2 25 | 11.2% | -0.8% | ||
| Q1 25 | 12.7% | -235.5% | ||
| Q4 24 | 14.0% | -9.2% | ||
| Q3 24 | 14.8% | -27.0% | ||
| Q2 24 | 12.6% | -19.6% | ||
| Q1 24 | 13.4% | -207.4% |
| Q4 25 | $0.94 | $-0.50 | ||
| Q3 25 | $0.92 | $-0.73 | ||
| Q2 25 | $0.66 | $-0.07 | ||
| Q1 25 | $1.01 | $-21.27 | ||
| Q4 24 | $0.88 | $-0.71 | ||
| Q3 24 | $0.84 | $-2.08 | ||
| Q2 24 | $0.65 | $-1.52 | ||
| Q1 24 | $0.96 | $-17.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $509.0M | $2.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.1B | $3.5B |
| Total Assets | $39.9B | $10.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $509.0M | $2.4B | ||
| Q3 25 | $362.0M | $2.1B | ||
| Q2 25 | $844.0M | $2.0B | ||
| Q1 25 | $465.0M | $1.5B | ||
| Q4 24 | $103.0M | $1.2B | ||
| Q3 24 | $412.0M | $879.6M | ||
| Q2 24 | $699.0M | $1.1B | ||
| Q1 24 | $802.0M | $776.0M |
| Q4 25 | $9.1B | $3.5B | ||
| Q3 25 | $8.9B | $3.4B | ||
| Q2 25 | $8.4B | $3.5B | ||
| Q1 25 | $8.3B | $2.1B | ||
| Q4 24 | $8.2B | $5.7B | ||
| Q3 24 | $8.1B | $5.8B | ||
| Q2 24 | $8.0B | $6.0B | ||
| Q1 24 | $7.9B | $5.7B |
| Q4 25 | $39.9B | $10.0B | ||
| Q3 25 | $38.0B | $10.1B | ||
| Q2 25 | $37.7B | $9.7B | ||
| Q1 25 | $36.3B | $9.2B | ||
| Q4 24 | $35.9B | $12.7B | ||
| Q3 24 | $34.8B | $13.1B | ||
| Q2 24 | $34.4B | $12.9B | ||
| Q1 24 | $33.9B | $12.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $478.0M | $305.2M |
| Free Cash FlowOCF − Capex | — | $236.2M |
| FCF MarginFCF / Revenue | — | 13.9% |
| Capex IntensityCapex / Revenue | — | 4.1% |
| Cash ConversionOCF / Net Profit | 1.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $487.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $478.0M | $305.2M | ||
| Q3 25 | $343.0M | $128.4M | ||
| Q2 25 | $414.0M | $-44.7M | ||
| Q1 25 | $1.0B | $279.0M | ||
| Q4 24 | $403.0M | $-4.8M | ||
| Q3 24 | $304.0M | $-128.4M | ||
| Q2 24 | $707.0M | $-191.0M | ||
| Q1 24 | $956.0M | $-8.9M |
| Q4 25 | — | $236.2M | ||
| Q3 25 | $-635.0M | $96.5M | ||
| Q2 25 | $-470.0M | $-69.8M | ||
| Q1 25 | $112.0M | $224.9M | ||
| Q4 24 | — | $-48.2M | ||
| Q3 24 | $-502.0M | $-165.2M | ||
| Q2 24 | $26.0M | $-226.1M | ||
| Q1 24 | $343.0M | $-55.1M |
| Q4 25 | — | 13.9% | ||
| Q3 25 | -32.2% | 5.4% | ||
| Q2 25 | -26.1% | -4.6% | ||
| Q1 25 | 4.7% | 14.2% | ||
| Q4 24 | — | -3.5% | ||
| Q3 24 | -29.3% | -12.2% | ||
| Q2 24 | 1.6% | -16.9% | ||
| Q1 24 | 16.0% | -3.9% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | 49.5% | 1.8% | ||
| Q2 25 | 49.2% | 1.7% | ||
| Q1 25 | 37.0% | 3.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | 47.1% | 2.7% | ||
| Q2 24 | 43.2% | 2.6% | ||
| Q1 24 | 28.6% | 3.3% |
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.24× | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 3.29× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 3.57× | — | ||
| Q1 24 | 3.33× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMS
| Electric Utility | $1.3B | 59% |
| Gas Utility | $803.0M | 38% |
| North Star Clean Energy | $77.0M | 4% |
TTWO
Segment breakdown not available.
