Txnm Energy Inc (TXNM) Gross Margin (2017 - 2026)
Txnm Energy's Gross Margin came in at 70.08% for Q2 2026, up 3.44 percentage points from 66.64% a year earlier and up 3.05 percentage points from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Gross Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Txnm Energy reported Gross Margin of 68.22%, down 0.58 percentage points year-over-year; for FY2025, it was 66.94%, down 3.44 percentage points from FY2024.
- Gross Margin carries a five-year change of -3.70 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 70.37% in FY2024 (+11.74 pp), 58.63% in FY2023 (+2.55 pp), 56.08% in FY2022 (-7.69 pp) and 63.77% in FY2021 (-6.86 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2024.
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +2.39 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2024 (a gain of 17.17 percentage points), and the weakest in Q4 2021 (a drop of 34.59 percentage points).
- Business Quant data shows TXNM's Gross Margin at 67.03% (Q1 2026), 65.46% (Q4 2025) and 69.86% (Q3 2025) in the three quarters before Q2 2026.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.08% |
| Mar 31, 2026 | 67.03% |
| Dec 31, 2025 | 65.46% |
| Sep 30, 2025 | 69.86% |
| Jun 30, 2025 | 66.64% |
| Mar 31, 2025 | 64.96% |
| Dec 31, 2024 | 66.86% |
| Sep 30, 2024 | 75.60% |
| Jun 30, 2024 | 68.30% |
| Mar 31, 2024 | 69.72% |
| Dec 31, 2023 | 56.85% |
| Sep 30, 2023 | 58.42% |
| Jun 30, 2023 | 63.86% |
| Mar 31, 2023 | 55.58% |
| Dec 31, 2022 | 49.71% |
| Sep 30, 2022 | 54.19% |
| Jun 30, 2022 | 60.86% |
| Mar 31, 2022 | 62.08% |
| Dec 31, 2021 | 59.13% |
| Sep 30, 2021 | 64.05% |
API Access
Txnm Energy Inc Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TXNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();