Public Service Co Of New Mexico (PNMXO) Operating Expenses (2023 - 2025)

Public Service Co Of New Mexico (PNMXO) has 3 years of Operating Expenses data on file, last reported at $439.5 million in Q4 2025.

• Operating Expenses for Q4 2025 came in at $439.5 million, up 9.65% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.7 billion (up 13.62% YoY), and the FY2025 annual result was $1.7 billion, up 13.62% from the prior year.
• Operating Expenses retreated to $439.5 million in Q4 2025 per PNMXO's latest filing, from $444.3 million in the prior quarter.
• Over five years, Operating Expenses peaked at $458.8 million in Q4 2023 and troughed at $356.3 million in Q1 2024.
• A 3-year average of $412.0 million and a median of $415.1 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses slipped 12.64% in 2024, then gained 17.48% in 2025.
• A 3-year view of Operating Expenses shows it stood at $458.8 million in 2023, then dropped by 12.64% to $400.8 million in 2024, then gained by 9.65% to $439.5 million in 2025.
• Business Quant data shows PNMXO's Operating Expenses at $439.5 million in Q4 2025, $444.3 million in Q3 2025, and $429.7 million in Q2 2025.