Pnm was Public Service Co Of New Mexico’s largest revenue line in fiscal 2025, bringing in $1.51B of $2.19B (69%).
| Legal Entity | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Pnm | — | $25.42M | $1.40B | $1.51B |
| Tnmp | $482.73M | — | $592.11M | $681.32M |
| Nmrd | $12.51M | $13.63M | $3.20M | — |
| Total | $495.24M | $39.05M | $2.00B | $2.19B |
Public Service Co Of New Mexico brought in $2.19B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. Public Service Co Of New Mexico regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $2.00B. Pnm was the largest at $1.51B (68.9%), ahead of Tnmp at $681.32M (31.1%).
Compared with fiscal 2024, Tnmp grew 15.1% to $681.32M and Pnm grew 7.6% to $1.51B.
Public Service Co Of New Mexico began breaking out Pnm in fiscal 2023, when it brought in $25.42M. Public Service Co Of New Mexico stopped reporting Nmrd as a separate revenue line after fiscal 2024, when it brought in $3.20M.
Pnm was Public Service Co Of New Mexico’s largest segment in fiscal 2025, bringing in $1.48B of $2.17B (69%).
| Segment | FY 2024 | FY 2025 |
|---|---|---|
| Pnm | $1.38B | $1.48B |
| Tnmp | $592.11M | $681.32M |
| Total | $1.97B | $2.17B |
Public Service Co Of New Mexico brought in $2.17B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 9.9% from $1.97B in fiscal 2024. Pnm was the largest at $1.48B (68.5%), ahead of Tnmp at $681.32M (31.5%).
Compared with fiscal 2024, Tnmp grew 15.1% to $681.32M and Pnm grew 7.6% to $1.48B.
Public Service Co Of New Mexico (PNMXO) reports its revenue by legal entity and by segment. In fiscal 2025, Pnm was its largest revenue line, bringing in $1.51B (68.9% of the total), followed by Tnmp at $681.32M (31.1%).
Pnm was Public Service Co Of New Mexico's largest revenue line in fiscal 2025, bringing in $1.51B, or 68.9% of the $2.19B total across its two revenue lines.
Pnm was Public Service Co Of New Mexico's largest segment in fiscal 2025, bringing in $1.48B, or 68.5% of the $2.17B total across its two segments.
Tnmp grew faster than Pnm in fiscal 2025, up 15.1% from $592.11M to $681.32M. Pnm grew 7.6% to $1.48B.
Every figure comes from Public Service Co Of New Mexico's annual financial filings, as reported. Each line keeps the name Public Service Co Of New Mexico gives it, and years follow its fiscal calendar.
Public Service Co Of New Mexico's revenue by legal entity goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.