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Side-by-side financial comparison of CMS Energy (CMS) and WEIBO Corp (WB). Click either name above to swap in a different company.
CMS Energy is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.7× WEIBO Corp). WEIBO Corp runs the higher net margin — 35.7% vs 13.5%, a 22.2% gap on every dollar of revenue. Over the past eight quarters, WEIBO Corp's revenue compounded faster (22.6% 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.
Weibo Corporation is a Chinese social network company known for the microblogging website Sina Weibo. It is based in Beijing, China.
CMS vs WB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $2.1B | $1.3B |
| Net Profit | $289.0M | $458.3M |
| Gross Margin | — | — |
| Operating Margin | 20.4% | 29.1% |
| Net Margin | 13.5% | 35.7% |
| Revenue YoY | 13.0% | — |
| Net Profit YoY | 9.1% | — |
| EPS (diluted) | $0.94 | — |
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 | — | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $1.8B | $841.7M | ||
| Q1 25 | $2.4B | $396.9M | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.6B | $833.4M | ||
| Q1 24 | $2.1B | $395.5M |
| Q4 25 | $289.0M | — | ||
| Q3 25 | $277.0M | $458.3M | ||
| Q2 25 | $201.0M | $234.8M | ||
| Q1 25 | $304.0M | $108.1M | ||
| Q4 24 | $265.0M | — | ||
| Q3 24 | $253.0M | $297.4M | ||
| Q2 24 | $198.0M | $164.6M | ||
| Q1 24 | $287.0M | $51.1M |
| Q4 25 | 20.4% | — | ||
| Q3 25 | 24.4% | 29.1% | ||
| Q2 25 | 17.6% | 30.4% | ||
| Q1 25 | 20.6% | 27.8% | ||
| Q4 24 | 22.5% | — | ||
| Q3 24 | 21.4% | 29.0% | ||
| Q2 24 | 18.0% | 28.2% | ||
| Q1 24 | 19.2% | 25.2% |
| Q4 25 | 13.5% | — | ||
| Q3 25 | 14.0% | 35.7% | ||
| Q2 25 | 11.2% | 27.9% | ||
| Q1 25 | 12.7% | 27.2% | ||
| Q4 24 | 14.0% | — | ||
| Q3 24 | 14.8% | 22.9% | ||
| Q2 24 | 12.6% | 19.8% | ||
| Q1 24 | 13.4% | 12.9% |
| Q4 25 | $0.94 | — | ||
| Q3 25 | $0.92 | — | ||
| Q2 25 | $0.66 | — | ||
| Q1 25 | $1.01 | — | ||
| Q4 24 | $0.88 | — | ||
| Q3 24 | $0.84 | — | ||
| Q2 24 | $0.65 | — | ||
| Q1 24 | $0.96 | — |
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 | $1.1B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.1B | $3.9B |
| Total Assets | $39.9B | $6.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $509.0M | — | ||
| Q3 25 | $362.0M | $1.1B | ||
| Q2 25 | $844.0M | $1.2B | ||
| Q1 25 | $465.0M | $1.2B | ||
| Q4 24 | $103.0M | — | ||
| Q3 24 | $412.0M | — | ||
| Q2 24 | $699.0M | $1.9B | ||
| Q1 24 | $802.0M | $2.1B |
| Q4 25 | $9.1B | — | ||
| Q3 25 | $8.9B | $3.9B | ||
| Q2 25 | $8.4B | $3.6B | ||
| Q1 25 | $8.3B | $3.5B | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.0B | $3.4B | ||
| Q1 24 | $7.9B | $3.3B |
| Q4 25 | $39.9B | — | ||
| Q3 25 | $38.0B | $6.9B | ||
| Q2 25 | $37.7B | $6.5B | ||
| Q1 25 | $36.3B | $6.7B | ||
| Q4 24 | $35.9B | — | ||
| Q3 24 | $34.8B | — | ||
| Q2 24 | $34.4B | $7.1B | ||
| Q1 24 | $33.9B | $7.3B |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $478.0M | — | ||
| Q3 25 | $343.0M | — | ||
| Q2 25 | $414.0M | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $403.0M | — | ||
| Q3 24 | $304.0M | — | ||
| Q2 24 | $707.0M | — | ||
| Q1 24 | $956.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | $-635.0M | — | ||
| Q2 25 | $-470.0M | — | ||
| Q1 25 | $112.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-502.0M | — | ||
| Q2 24 | $26.0M | — | ||
| Q1 24 | $343.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | -32.2% | — | ||
| Q2 25 | -26.1% | — | ||
| Q1 25 | 4.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -29.3% | — | ||
| Q2 24 | 1.6% | — | ||
| Q1 24 | 16.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | 49.5% | — | ||
| Q2 25 | 49.2% | — | ||
| Q1 25 | 37.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 47.1% | — | ||
| Q2 24 | 43.2% | — | ||
| Q1 24 | 28.6% | — |
| 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% |
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |