Revenue

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	2011 - 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2011 - 2020
PNM Revenue	1.47B	1.38B	Log In	Log In	Log In	Upgrade
TNMP Revenue	643.08M	592.11M	Log In	Log In	Log In	Upgrade
Revenue (Total)	2.11B	1.97B	Log In	Log In	Log In	Upgrade

Adjusted Gross Profit

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	2011 - 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2011 - 2020
PNM Utility Margin	936.90M	944.20M	Log In	Log In	Log In	Upgrade
TNMP Utility Margin	482.60M	443.00M	Log In	Log In	Log In	Upgrade
Gross Profit (Other)	-476.08M	-439.23M	Log In	Log In	Log In	Upgrade
Gross Profit (Total)	943.42M	947.97M	Log In	Log In	Log In	Upgrade

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	2011 - 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2011 - 2020
PNM Operating Income	242.32M	281.99M	Log In	Log In	Log In	Upgrade
TNMP Operating Income	204.55M	180.90M	Log In	Log In	Log In	Upgrade
Corporate and Other Operating Income	-23.28M	-9.41M	Log In	Log In	Log In	Upgrade
Operating Income (Total)	423.59M	453.49M	Log In	Log In	Log In	Upgrade

Updated Oct 31, 2025. Data Source: Fiscal.ai.