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.

• On a quarterly basis, Operating Expenses rose 9.65% year-over-year to $439.5 million in Q4 2025; TTM through Dec 2025 was $1.7 billion, a 13.62% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 13.62% from the prior year.
• Operating Expenses for Q4 2025 stood at $439.5 million, down from $444.3 million in the prior quarter.
• Over the last five years, Operating Expenses for PNMXO reached as high as $458.8 million in Q4 2023 and fell as low as $356.3 million in Q1 2024.
• Historically, Operating Expenses has averaged $412.0 million across 3 years, with a median of $415.1 million in 2023.
• Across the five-year window, Operating Expenses retreated 12.64% in 2024 and increased 17.48% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $458.8 million in 2023, then retreated by 12.64% to $400.8 million in 2024, then grew by 9.65% to $439.5 million in 2025.
• Per Business Quant data, the three most recent Operating Expenses figures were $439.5 million in Q4 2025, $444.3 million in Q3 2025, and $429.7 million in Q2 2025.