TXNM Energy (TXNM) earnings
- Mar 2026
- Dec 2025
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 505 | +4.6% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 15.3 | +0.4 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | Quarterly, as filed | Quarter to Mar 2026 | Not in the filed figures for the quarter to mar 2026. No older figure is substituted. |
Price
$58.51 −0.02% · −$0.01
Performance +2.7% 1Y
1Y: $56.99 on 17 Oct 2025 → $58.51. High $59.48 (20 May 2026), low $56.4 (8 Jul 2026).
- Previous close
- $58.52
- 52-week range
- $56.4 – $59.48
- One year
- +2.54%
Overview
- Symbol
- TXNM
- Sector
- Utilities
- Exchange
- US
- Currency
- USD
Financials
What the filings say
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 488 | 569 | 477 | 483 | 502 | 647 | 533 | 505 |
| Operating profit | 106 | 191 | 76 | 72 | 73 | 203 | 94 | 77 |
| Operating margin | 21.6% | 33.6% | 16.0% | 14.9% | 14.5% | 31.4% | 17.6% | 15.3% |
| Interest | 56 | 60 | 59 | 64 | 72 | 70 | 66 | 69 |
| Profit before tax | 61 | 160 | 22 | 14 | 27 | 155 | -16 | 8 |
| Tax rate | 14.7% | 14.7% | 7.8% | 7.4% | 4.8% | 12.2% | 67.7% | −0.1% |
| EPS ($ per share) | 0.53 | 1.45 | — | 0.10 | 0.22 | 1.22 | — | 0.03 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1,153 | 1,151 | 1,430 | 1,429 | 1,429 | 1,625 | 1,724 | 2,564 |
| Reserves | 644 | 628 | 699 | 810 | 829 | 787 | 888 | 867 |
| Total liabilities | 5,101 | 5,545 | 5,820 | 6,432 | 7,001 | 7,842 | 8,617 | 8,600 |
| Fixed assets | — | 12 | 24 | 25 | 27 | 29 | — | — |
| Total assets | 6,866 | 7,299 | 7,940 | 8,667 | 9,257 | 10,253 | 11,212 | 12,059 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 428 | 503 | 486 | 548 | 567 | 551 | 508 | 584 |
| Cash from investing | -476 | -674 | -734 | -952 | -950 | -1,088 | -1,174 | -1,217 |
| Cash from financing | 46 | 172 | 292 | 358 | 386 | 537 | 684 | 643 |
| Net cash flow | -2 | 2 | 44 | -47 | 3 | -0 | 18 | 10 |
| Capital expenditure | -501 | -616 | -679 | -935 | -913 | -1,076 | -1,247 | -1,196 |
| Free cash flow | -73 | -113 | -193 | -387 | -345 | -525 | -739 | -611 |
TXNM revenue by segment
Texas New Mexico Power Company grew from 29% to 34% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Public Service Company Of New Mexico | 71% | 69% | 69% | 67% | 72% | 65% | 65% | 66% | +6.7% |
| Texas New Mexico Power Company | 29% | 31% | 31% | 33% | 28% | 35% | 35% | 34% | +14.3% |
| Corporate and Other | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
49 filings between Nov 14, 2025 and Jun 10, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$103.9K
1 sale by 1 insider
Compensation
not trading decisions- 8
- Award — granted as compensation
- 20
- Option exercise — converted options into shares
- 20
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BAILEY VICKY A | — | $103.9K | Nov 14, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 10, 2026 | CONLEY E RENAE Director | Award | 2,698 | $0 |
| Jun 10, 2026 | MULLARKEY MAUREEN T Director | Award | 2,698 | $0 |
| Jun 10, 2026 | HUGHES JAMES ALTON Director | Award | 2,698 | $0 |
| Jun 10, 2026 | BAILEY VICKY A Director | Award | 2,698 | $0 |
| Jun 10, 2026 | Gutierrez Sidney M. Director | Award | 2,698 | $0 |
| Jun 10, 2026 | BECKER NORMAN P. Director | Award | 2,698 | $0 |
| Jun 10, 2026 | Montoya Lillian J Director | Award | 2,698 | $0 |
| Jun 10, 2026 | Maestas Steven Director | Award | 2,698 | $0 |
| Mar 7, 2026 | Bischoff Gerald R VP and Corporate Controller | Option exercise | 323 | $0 |
| Mar 7, 2026 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Option exercise | 6,019 | $0 |
| Mar 7, 2026 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Tax withheld | 2,724 | $160.4K |
| Mar 7, 2026 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Option exercise | 8,577 | $0 |
| Mar 7, 2026 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Tax withheld | 3,882 | $228.6K |
| Mar 7, 2026 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Option exercise | 7,248 | $0 |
| Mar 7, 2026 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Tax withheld | 3,280 | $193.1K |
| Mar 7, 2026 | Iverson Brian Gen Couns, SVP Reg-Pub Policy | Option exercise | 1,163 | $0 |
| Mar 7, 2026 | Iverson Brian Gen Couns, SVP Reg-Pub Policy | Tax withheld | 414 | $24.4K |
| Mar 7, 2026 | TARRY JOSEPH DON President and CEO | Option exercise | 1,700 | $0 |
| Mar 7, 2026 | TARRY JOSEPH DON President and CEO | Tax withheld | 770 | $45.3K |
| Mar 7, 2026 | TARRY JOSEPH DON President and CEO | Option exercise | 2,424 | $0 |
| Mar 7, 2026 | TARRY JOSEPH DON President and CEO | Tax withheld | 1,097 | $64.6K |
| Mar 7, 2026 | TARRY JOSEPH DON President and CEO | Option exercise | 3,124 | $0 |
| Mar 7, 2026 | TARRY JOSEPH DON President and CEO | Tax withheld | 1,414 | $83.3K |
| Mar 7, 2026 | Monroy Henry E SVP and CFO | Option exercise | 311 | $0 |
| Mar 7, 2026 | Monroy Henry E SVP and CFO | Tax withheld | 158 | $9.3K |
| Mar 7, 2026 | Monroy Henry E SVP and CFO | Option exercise | 181 | $0 |
| Mar 7, 2026 | Monroy Henry E SVP and CFO | Tax withheld | 92 | $5.4K |
| Mar 7, 2026 | Monroy Henry E SVP and CFO | Option exercise | 500 | $0 |
| Mar 7, 2026 | Monroy Henry E SVP and CFO | Tax withheld | 253 | $14.9K |
| Mar 7, 2026 | Bischoff Gerald R VP and Corporate Controller | Option exercise | 169 | $0 |
| Mar 7, 2026 | Bischoff Gerald R VP and Corporate Controller | Tax withheld | 86 | $5.1K |
| Mar 7, 2026 | Bischoff Gerald R VP and Corporate Controller | Tax withheld | 164 | $9.7K |
| Mar 7, 2026 | Bischoff Gerald R VP and Corporate Controller | Option exercise | 296 | $0 |
| Mar 7, 2026 | Bischoff Gerald R VP and Corporate Controller | Tax withheld | 150 | $8.8K |
| Dec 17, 2025 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Option exercise | 27,320 | $0 |
| Dec 17, 2025 | COLLAWN PATRICIA K EXECUTIVE CHAIR | Tax withheld | 12,363 | $725.8K |
| Dec 17, 2025 | Iverson Brian Gen Couns, SVP Reg-Pub Policy | Option exercise | 2,344 | $0 |
| Dec 17, 2025 | Iverson Brian Gen Couns, SVP Reg-Pub Policy | Tax withheld | 710 | $41.7K |
| Dec 17, 2025 | TARRY JOSEPH DON President and CEO | Option exercise | 9,433 | $0 |
| Dec 17, 2025 | TARRY JOSEPH DON President and CEO | Tax withheld | 4,269 | $250.6K |
| Dec 17, 2025 | Monroy Henry E SVP and CFO | Option exercise | 466 | $0 |
| Dec 17, 2025 | Monroy Henry E SVP and CFO | Tax withheld | 211 | $12.4K |
| Dec 17, 2025 | Bischoff Gerald R VP and Corporate Controller | Option exercise | 638 | $0 |
| Dec 17, 2025 | Bischoff Gerald R VP and Corporate Controller | Tax withheld | 289 | $17.0K |
| Dec 17, 2025 | Jacobson Monique SVP, Corporate Services | Option exercise | 658 | $0 |
| Dec 17, 2025 | Jacobson Monique SVP, Corporate Services | Tax withheld | 298 | $17.5K |
| Dec 1, 2025 | TARRY JOSEPH DON President and CEO | Option exercise | 13,234 | $0 |
| Dec 1, 2025 | TARRY JOSEPH DON President and CEO | Tax withheld | 5,989 | $349.8K |
| Nov 14, 2025 | BAILEY VICKY A Director | Sale | 1,800 | $103.9K |
| Sep 16, 2025 | Iverson Brian Gen Couns, SVP Reg-Pub Policy | Option exercise | 4,650 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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