Every 10-Q that TXNM Energy, Inc. (TXNM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TXNM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TXNM filings page.
TXNM Energy, Inc., parent of Public Service Company of New Mexico (PNM) and Texas-New Mexico Power (TNMP), reported higher profitability for the three and six months ended June 30, 2026. Consolidated electric operating revenues were $548.6 million for the quarter and $1.05 billion year‑to‑date.
Net earnings attributable to TXNM rose to $71.3 million in the quarter and $75.0 million for the first half of 2026, both up sharply from 2025. Diluted EPS was $0.64 for the quarter and $0.67 year‑to‑date. Operating income improved, and net other income benefited from gains on investment securities.
Operating cash flow strengthened to $223.0 million for the first six months, supporting substantial utility capital investment of $577.6 million and higher short‑term borrowings. At June 30, 2026, total assets were $12.51 billion and total equity $3.60 billion. TXNM has a pending Merger Agreement under which it will become a wholly‑owned subsidiary of an affiliate of Blackstone Infrastructure.
TXNM Energy, Inc., parent of PNM and TNMP, reported higher first‑quarter 2026 electric operating revenues but sharply lower profit. Electric operating revenues rose to $504.982 million from $482.792 million, and operating income increased to $77.011 million from $71.889 million.
Net earnings attributable to TXNM fell to $3.737 million, down from $8.923 million, as losses on investment securities widened to $8.944 million and interest charges rose to $68.595 million. Diluted earnings per share declined to $0.03 from $0.10, while the quarterly dividend increased to $0.4225 per share.
Cash from operating activities grew to $153.188 million, supporting heavy capital spending of $312.716 million on utility plant. TXNM also issued $103.687 million of common stock and paid $46.151 million in dividends, ending the period with total assets of $12.138 billion and long‑term debt of $5.112 billion.
TXNM Energy, Inc. reported higher third‑quarter results while year‑to‑date earnings trailed last year. For Q3 2025, electric operating revenues were $647,162 thousand versus $569,256 thousand a year ago, driven by stronger billed activity. Operating income rose to $202,870 thousand from $191,080 thousand. Net earnings were essentially flat at $136,304 thousand compared with $136,398 thousand, as higher costs and interest kept profit growth in check.
For the first nine months of 2025, electric operating revenues reached $1,632,374 thousand versus $1,494,235 thousand, but net earnings declined to $175,114 thousand from $238,728 thousand. Key headwinds included higher cost of energy ($531,846 thousand vs $425,919 thousand) and increased interest charges ($205,713 thousand vs $169,254 thousand). As of October 24, 2025, TXNM had 108,921,356 common shares outstanding.