Txnm Energy annual operating expenses
2020
2021
2022
2023
2024
2025
Txnm Energy Operating Expenses Growth & History (TXNM)
Txnm Energy's operating expenses was $910.8M for fiscal 2025.
View full Txnm Energy company overviewTxnm Energy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $910.8M | $79.8M | +9.60% |
| 2024 | 2024-12-31 | $831.0M | $406.5M | +95.76% |
| 2023 | 2023-12-31 | $424.5M | $77.8M | +22.44% |
| 2022 | 2022-12-31 | $346.7M | $5.9M | +1.73% |
| 2021 | 2021-12-31 | $340.8M | $19.4M | +6.02% |
| 2020 | 2020-12-31 | $321.4M | — | — |
Txnm Energy quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $235.8M | −$243,000 | −0.10% |
| Q1 2026 | 2026-03-31 | $237.1M | — | — |
| Q4 2025 | 2025-12-31 | $228.8M | — | — |
| Q3 2025 | 2025-09-30 | $228.8M | $122.6M | +115.47% |
| Q2 2025 | 2025-06-30 | $236.0M | $143.2M | +154.29% |
| Q3 2024 | 2024-09-30 | $106.2M | $15.7M | +17.31% |
| Q2 2024 | 2024-06-30 | $92.8M | $3.5M | +3.94% |
| Q1 2024 | 2024-03-31 | $95.3M | $7.7M | +8.81% |
| Q4 2023 | 2023-12-31 | $157.0M | $66.8M | +73.97% |
| Q3 2023 | 2023-09-30 | $90.5M | $4.1M | +4.71% |
| Q2 2023 | 2023-06-30 | $89.3M | $5.5M | +6.57% |
| Q1 2023 | 2023-03-31 | $87.6M | $1.4M | +1.68% |
| Q4 2022 | 2022-12-31 | $90.3M | — | — |
| Q3 2022 | 2022-09-30 | $86.5M | $1.1M | +1.28% |
| Q2 2022 | 2022-06-30 | $83.8M | — | — |
| Q1 2022 | 2022-03-31 | $86.2M | — | — |
| Q3 2021 | 2021-09-30 | $85.4M | — | — |
Txnm Energy operating expenses trends
Over the last five fiscal years, Txnm Energy's operating expenses increased from $321.4M to $910.8M, a change of $589.3M. The latest reported quarter, Q2 2026, shows $235.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Txnm Energy source filings ↗