Public Service Co Of New Mexico (PNMXO) Gross Margin (2023 - 2026)

Public Service Co Of New Mexico (PNMXO) has reported Gross Margin for 4 consecutive years, with 70.08% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 344.0% year-over-year to 70.08% in Q2 2026; TTM through Jun 2026 was 68.14%, a 66.0% decrease from a year earlier, with the FY2025 full-year figure at 66.94%, down 344.0% from the prior year.
• Gross Margin was 70.08% for Q2 2026 at Public Service Co Of New Mexico, up from 65.46% in the prior quarter.
• Over five years, Gross Margin peaked at 75.6% in Q3 2024 and troughed at 56.85% in Q4 2023.
• A 4-year average of 66.61% and a median of 66.86% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin soared 1717 bps in 2024 and slumped 574 bps in 2025, its largest moves.
• Over 4 years, Gross Margin stood at 56.85% in 2023, then advanced by 18 bps to 66.86% in 2024, then declined by 2 bps to 65.46% in 2025, then climbed by 7 bps to 70.08% in 2026.
• The last three Gross Margin figures came in at 70.08% (Q2 2026), 65.46% (Q4 2025), and 69.86% (Q3 2025), per Business Quant data.