Txnm Energy Inc (TXNM) Cost of Revenue (2013 - 2024)

Txnm Energy (TXNM) has reported Cost of Revenue for 12 consecutive years, with $154.7 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Cost of Revenue fell 10.29% year-over-year to $154.7 million; the trailing twelve-month figure through Jun 2024 stood at $675.1 million (down 34.96% YoY), and the FY2023 full-year result was $802.3 million, down 18.79% from the prior year.
• Cost of Revenue grew to $154.7 million in Q2 2024 per TXNM's latest filing, from $132.3 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $334.3 million in Q3 2022 and bottomed at $20.0 million in Q1 2021.
• Historically, Cost of Revenue has averaged $170.8 million across 5 years, with a median of $170.4 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Cost of Revenue slumped 79.74% in 2021, then jumped 742.07% in 2022.
• Over 5 years, Cost of Revenue stood at $120.7 million in 2020, then surged by 47.0% to $177.4 million in 2021, then surged by 63.24% to $289.6 million in 2022, then plunged by 38.6% to $177.8 million in 2023, then dropped by 12.99% to $154.7 million in 2024.
• According to Business Quant data, Cost of Revenue over the past three periods registered $154.7 million, $132.3 million, and $177.8 million for Q2 2024, Q1 2024, and Q4 2023 respectively.