The financials
TXNM Energy, Inc. by the numbers
TXNM Energy, Inc. (TXNM) reported revenue of $505M in Q1 2026 (quarter ended March 31, 2026), up 4.6% from the same quarter a year earlier. That came with net income of $8.0M (1.6% of revenue). For the full year FY2025, revenue was $2.17B (+9.9% year on year) and net income $170M. Its largest product in 2026-Q2 was Electricity at $361M, 87% of the disclosed total, just ahead of Electric Transmission Service at 9.8%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $505M | $483M | +4.6% |
| Operating income | $77M | $72M | +7.1% |
| Net income | $8.0M | $13M | −37% |
| Diluted EPS | $0.03 | $0.10 | −70% |
| Product | Revenue | Share |
|---|---|---|
| Electricity | $361M | 87% |
| Electric Transmission Service | $41M | 9.8% |
| Wholesale Energy Sales | $11M | 2.7% |
| Miscellaneous Revenue From Contracts With Customers | $2.0M | 0.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $415.0M (+6.0%)
Miscellaneous Revenue From Contracts With Customers grew +39% year on yearWholesale Energy Sales -44% year on year
Segment Latestquarter on quarteryear on year
- Electricity$361.1M$361.1MQoQ +9.4%year on year +6.7%+9.4%+6.7%
- Electric Transmission Service$40.7M$40.7MQoQ +3.5%year on year +12%+3.5%+12%
- Wholesale Energy Sales$11.2M$11.2MQoQ -45%year on year -44%-45%-44%
- Miscellaneous Revenue From Contracts With Customers$2.0M$2.0MQoQ +0.90%year on year +39%+0.90%+39%
Utilities - Regulated Electric
Ranks #37 of 37 by Smart Score