Public Service Co Of New Mexico (PNMXO) Operating Expenses (2023 - 2026)

Public Service Co Of New Mexico (PNMXO) has reported Operating Expenses for 4 consecutive years, with $425.3 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 1.04% year-over-year to $425.3 million in Q2 2026; TTM through Jun 2026 was $1.7 billion, a 7.36% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 13.62% from the prior year.
• Operating Expenses was $425.3 million for Q2 2026 at Public Service Co Of New Mexico, down from $439.5 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 4-year average of $413.2 million and a median of $419.2 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses decreased 12.64% in 2024 and rose 17.48% in 2025, its largest moves.
• Over 4 years, Operating Expenses stood at $458.8 million in 2023, then slipped by 12.64% to $400.8 million in 2024, then rose by 9.65% to $439.5 million in 2025, then retreated by 3.24% to $425.3 million in 2026.
• The last three Operating Expenses figures came in at $425.3 million (Q2 2026), $439.5 million (Q4 2025), and $444.3 million (Q3 2025), per Business Quant data.