Txnm Energy annual gross margin
2020
2021
2022
2023
2024
2025
Txnm Energy Gross Margin Growth & History (TXNM)
Txnm Energy's gross margin was 63.23% for fiscal 2025.
View full Txnm Energy company overviewTxnm Energy annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 63.23% | −2.77 pp |
| 2024 | 2024-12-31 | 66.01% | +31.76 pp |
| 2023 | 2023-12-31 | 34.25% | +1.34 pp |
| 2022 | 2022-12-31 | 32.91% | −4.29 pp |
| 2021 | 2021-12-31 | 37.20% | −2.93 pp |
| 2020 | 2020-12-31 | 40.12% | — |
Txnm Energy quarterly gross margin
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 65.46% | +2.94 pp |
| Q1 2026 | 2026-03-31 | 64.39% | — |
| Q4 2025 | 2025-12-31 | 63.68% | — |
| Q3 2025 | 2025-09-30 | 65.66% | +13.90 pp |
| Q2 2025 | 2025-06-30 | 62.52% | +20.57 pp |
| Q3 2024 | 2024-09-30 | 51.76% | +17.02 pp |
| Q2 2024 | 2024-06-30 | 41.95% | +2.64 pp |
| Q1 2024 | 2024-03-31 | 40.81% | +5.65 pp |
| Q4 2023 | 2023-12-31 | 26.79% | +1.46 pp |
| Q3 2023 | 2023-09-30 | 34.75% | −1.59 pp |
| Q2 2023 | 2023-06-30 | 39.30% | +4.44 pp |
| Q1 2023 | 2023-03-31 | 35.16% | +0.23 pp |
| Q4 2022 | 2022-12-31 | 25.33% | — |
| Q3 2022 | 2022-09-30 | 36.33% | −12.87 pp |
| Q2 2022 | 2022-06-30 | 34.86% | — |
| Q1 2022 | 2022-03-31 | 34.93% | — |
| Q3 2021 | 2021-09-30 | 49.20% | — |
Txnm Energy gross margin trends
Over the last five fiscal years, Txnm Energy's gross margin increased from 40.12% to 63.23%, a change of +23.11 percentage points. The latest reported quarter, Q2 2026, shows 65.46%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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