Public Service Co Of New Mexico (PNMXO) Gross Margin (2023 - 2025)

Public Service Co Of New Mexico (PNMXO) has 3 years of Gross Margin data on file, last reported at 65.46% in Q4 2025.

• Gross Margin for Q4 2025 came in at 65.46%, down 12383.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 91.5% (down 2182.0% YoY), and the FY2025 annual result was 66.94%, down 3306.0% from the prior year.
• Gross Margin eased to 65.46% in Q4 2025 per PNMXO's latest filing, from 100.0% in the prior quarter.
• Over five years, Gross Margin peaked at 189.3% in Q4 2024 and troughed at 65.46% in Q4 2025.
• A 3-year average of 100.42% and a median of 97.98% in 2023 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 10636 bps in 2024, then plunged 12383 bps in 2025.
• A 3-year view of Gross Margin shows it stood at 82.94% in 2023, then surged by 128 bps to 189.3% in 2024, then plunged by 65 bps to 65.46% in 2025.
• Business Quant data shows PNMXO's Gross Margin at 65.46% in Q4 2025, 100.0% in Q3 2025, and 100.0% in Q2 2025.