TXNM ENERGY INC (TXNM)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue533,232,000$647,162,000$502,420,000$482,792,000$476,964,000$569,256,000$488,102,000$436,877,000$412,114,000$505,851,000$477,156,000$544,077,000$575,819,000$729,888,000$499,730,000$444,118,000$546,714,000$554,551,000$426,540,000$364,707,000$386,534,000$472,465,000$357,649,000$333,622,000$344,144,000$433,586,000$330,228,000$349,645,000$343,756,000$422,666,000$352,313,000$317,878,000$332,605,000$419,900,000$362,320,000$330,178,000$4,383,000$4,884,000$4,265,000$4,264,000$9,989,000$6,165,000$5,717,000$4,961,000$4,400,000$2,895,000$3,180,000$1,574,000$
QoQ%(17.61%)28.81%4.07%1.22%(16.21%)16.63%11.73%6.01%(18.53%)6.01%(12.30%)(5.51%)(21.11%)46.06%12.52%(18.77%)(1.41%)30.01%16.95%(5.65%)(18.19%)32.10%7.20%(3.06%)(20.63%)31.30%(5.55%)1.71%(18.67%)19.97%10.83%(4.43%)(20.79%)15.89%9.74%7,433.15%(10.26%)14.51%.02%(57.31%)62.03%7.84%15.24%12.75%51.99%(8.96%)102.03%(47.45%)
YoY%11.80%13.69%2.93%10.51%15.74%12.53%2.29%(19.70%)(28.43%)(30.70%)(4.52%)22.51%5.32%31.62%17.16%21.77%41.44%17.37%19.26%9.32%12.32%8.97%8.30%(4.58%).11%2.58%(6.27%)9.99%3.35%.66%(2.76%)(3.73%)7,488.52%8,497.46%8,395.19%7,643.39%(56.12%)(20.78%)(25.40%)(14.05%)127.02%112.95%79.78%215.18%46.91%(11.03%)85.97%
Cost Of Revenue110,843,000$105,012,000$105,235,000$104,551,000$99,925,000$271,984,000$289,604,000$260,949,000$301,799,000$328,673,000$295,529,000$357,366,000$429,011,000$460,667,000$329,544,000$289,878,000$418,429,000$317,454,000$70,727,000$69,874,000$68,217,000$68,400,000$70,022,000$68,973,000$68,037,000$68,350,000$66,065,000$65,356,000$60,823,000$61,580,000$60,063,000$58,722,000$59,113,000$58,821,000$57,625,000$0$0$0$0$0$0$0$0$0$0$0$0$0$
Gross Profit422,389,000$542,150,000$397,185,000$378,241,000$377,039,000$297,272,000$198,498,000$175,928,000$110,315,000$177,178,000$181,627,000$186,711,000$146,808,000$269,221,000$170,186,000$154,240,000$128,285,000$237,097,000$355,813,000$294,833,000$318,317,000$404,065,000$287,627,000$264,649,000$276,107,000$365,236,000$264,163,000$284,289,000$282,933,000$361,086,000$292,250,000$259,156,000$273,492,000$361,079,000$304,695,000$330,178,000$4,383,000$4,884,000$4,265,000$4,264,000$9,989,000$6,165,000$5,717,000$4,961,000$4,400,000$2,895,000$3,180,000$1,574,000$
Gross Margin79.21%83.77%79.05%78.35%79.05%52.22%40.67%40.27%26.77%35.03%38.06%34.32%25.50%36.89%34.06%34.73%23.47%42.76%83.42%80.84%82.35%85.52%80.42%79.33%80.23%84.24%79.99%81.31%82.31%85.43%82.95%81.53%82.23%85.99%84.10%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Expenses328,670,000$339,280,000$324,484,000$306,352,000$300,906,000$106,192,000$92,815,000$95,338,000$157,048,000$90,526,000$89,297,000$87,620,000$90,271,000$86,458,000$83,794,000$86,172,000$89,230,000$85,368,000$281,610,000$251,667,000$299,729,000$256,260,000$216,477,000$216,911,000$215,555,000$224,696,000$357,778,000$247,566,000$300,337,000$233,096,000$212,921,000$213,024,000$250,556,000$218,595,000$219,590,000$274,218,000$(59,201,000$)(103,187,000$)(60,557,000$)(37,244,000$)129,127,000$(115,340,000$)(66,697,000$)(44,608,000$)(58,449,000$)(113,904,000$)(68,116,000$)(47,179,000$)
Operating Income93,719,000$202,870,000$72,701,000$71,889,000$76,133,000$191,080,000$105,683,000$80,590,000$(46,733,000$)86,652,000$92,330,000$99,091,000$56,537,000$182,763,000$86,392,000$68,068,000$39,055,000$151,729,000$74,203,000$43,166,000$18,588,000$147,805,000$71,150,000$47,738,000$60,552,000$140,540,000$(93,615,000$)36,723,000$(17,404,000$)127,990,000$79,329,000$46,132,000$22,936,000$142,484,000$85,105,000$55,960,000$63,584,000$108,071,000$64,822,000$41,508,000$(119,138,000$)121,505,000$72,414,000$49,569,000$62,849,000$116,799,000$71,296,000$48,753,000$
Operating Margin17.58%31.35%14.47%14.89%15.96%33.57%21.65%18.45%(11.34%)17.13%19.35%18.21%9.82%25.04%17.29%15.33%7.14%27.36%17.40%11.84%4.81%31.28%19.89%14.31%17.60%32.41%(28.35%)10.50%(5.06%)30.28%22.52%14.51%6.90%33.93%23.49%16.95%1,450.70%2,212.76%1,519.86%973.45%(1,192.69%)1,970.88%1,266.64%999.17%1,428.39%4,034.51%2,242.01%3,097.40%
Interest Income5,450,000$6,496,000$3,872,000$4,247,000$5,818,000$8,669,000$4,470,000$4,580,000$6,395,000$5,366,000$5,359,000$4,843,000$4,507,000$3,969,000$3,327,000$4,292,000$4,196,000$3,329,000$3,578,000$3,559,000$4,549,000$3,180,000$3,071,000$3,423,000$3,533,000$3,440,000$3,460,000$3,588,000$3,678,000$3,400,000$4,339,000$4,124,000$3,568,000$3,582,000$3,885,000$4,881,000$3,873,000$4,604,000$10,194,000$3,622,000$1,656,000$1,151,000$1,941,000$1,750,000$2,242,000$2,084,000$2,040,000$2,117,000$
Interest Expenses70,149,000$72,013,000$63,551,000$59,664,000$55,828,000$53,762,000$53,695,000$49,838,000$45,899,000$40,923,000$37,945,000$34,526,000$29,217,000$26,220,000$23,630,000$23,244,000$24,119,000$25,884,000$25,607,000$27,263,000$31,088,000$30,434,000$29,231,000$30,359,000$29,791,000$31,634,000$30,376,000$30,492,000$33,321,000$33,055,000$31,488,000$32,106,000$32,332,000$31,700,000$31,454,000$32,467,000$33,221,000$31,491,000$28,146,000$27,528,000$28,913,000$30,273,000$30,006,000$30,115,000$29,972,000$29,535,000$
Income Before Tax(16,394,000$)155,253,000$27,339,000$13,815,000$21,690,000$159,820,000$60,935,000$37,795,000$(74,826,000$)37,649,000$57,652,000$70,053,000$29,250,000$140,187,000$20,217,000$21,656,000$21,248,000$134,350,000$66,060,000$22,771,000$17,611,000$137,784,000$65,836,000$(13,279,000$)43,128,000$115,951,000$(115,114,000$)22,885,000$(62,602,000$)104,472,000$47,605,000$19,582,000$4,601,000$121,070,000$62,867,000$37,221,000$41,607,000$85,859,000$46,586,000$21,122,000$(133,831,000$)100,607,000$53,008,000$26,369,000$38,481,000$90,541,000$49,074,000$22,551,000$
Tax Expenses(11,106,000$)18,949,000$1,326,000$1,018,000$1,696,000$23,422,000$8,971,000$(12,571,000$)(29,092,000$)(5,267,000$)8,229,000$9,780,000$9,148,000$13,450,000$1,094,000$2,438,000$6,049,000$16,668,000$8,299,000$1,566,000$5,910,000$12,331,000$4,275,000$(1,880,000$)7,138,000$9,188,000$(42,831,000$)1,223,000$(11,063,000$)12,899,000$5,156,000$783,000$55,186,000$42,743,000$21,636,000$10,775,000$13,184,000$27,303,000$15,634,000$7,157,000$(46,546,000$)35,752,000$17,353,000$8,517,000$16,370,000$31,055,000$15,893,000$6,420,000$
Net Income(5,288,000$)136,304,000$26,013,000$12,797,000$19,994,000$136,398,000$51,964,000$50,366,000$(45,734,000$)42,916,000$49,423,000$60,273,000$20,102,000$126,737,000$19,123,000$19,218,000$15,199,000$117,682,000$57,761,000$21,205,000$11,701,000$125,453,000$61,561,000$(11,399,000$)35,989,000$106,763,000$(72,283,000$)21,662,000$(51,539,000$)91,573,000$42,449,000$18,799,000$(50,585,000$)78,327,000$41,231,000$26,446,000$28,423,000$58,556,000$30,952,000$13,965,000$(87,284,000$)64,855,000$35,655,000$17,852,000$22,111,000$59,486,000$33,181,000$16,131,000$
Profit Margin(.99%)21.06%5.18%2.65%4.19%23.96%10.65%11.53%(11.10%)8.48%10.36%11.08%3.49%17.36%3.83%4.33%2.78%21.22%13.54%5.81%3.03%26.55%17.21%(3.42%)10.46%24.62%(21.89%)6.20%(14.99%)21.67%12.05%5.91%(15.21%)18.65%11.38%8.01%648.48%1,198.94%725.72%327.51%(873.80%)1,051.99%623.67%359.85%502.52%2,054.78%1,043.43%1,024.84%
TTM7.84%9.25%9.61%10.96%13.13%10.12%5.40%5.29%5.51%8.21%11.03%9.63%8.23%8.12%8.37%10.64%11.19%12.03%13.10%13.91%12.08%14.03%13.13%4.10%6.32%.32%(.73%)7.09%7.05%7.17%6.26%6.13%6.60%15.62%22.04%42.01%741.16%69.18%91.11%104.04%115.82%661.27%751.71%859.23%1,086.47%1,129.23%1,086.28%1,052.18%
Earnings to Minority4,427,000$5,462,000$4,305,000$3,742,000$4,149,000$5,064,000$3,783,000$3,044,000$4,361,000$5,058,000$3,987,000$5,127,000$4,225,000$4,172,000$3,630,000$3,095,000$3,847,000$4,229,000$3,920,000$3,494,000$2,791,000$3,553,000$3,940,000$3,729,000$4,053,000$3,860,000$3,499,000$2,830,000$3,406,000$3,920,000$4,109,000$3,677,000$3,565,000$4,456,000$3,544,000$3,452,000$3,482,000$4,006,000$3,744,000$3,287,000$4,001,000$3,678,000$3,850,000$3,380,000$2,987,000$3,701,000$3,908,000$3,531,000$
Earnings to Common Shareholders(9,847,000$)130,710,000$21,576,000$8,923,000$15,713,000$131,202,000$48,049,000$47,190,000$(50,227,000$)37,726,000$45,304,000$55,014,000$15,745,000$122,433,000$15,361,000$15,991,000$11,220,000$113,321,000$53,709,000$17,579,000$8,778,000$121,768,000$57,489,000$(15,260,000$)31,805,000$102,771,000$(75,914,000$)18,700,000$(55,077,000$)87,521,000$38,208,000$14,990,000$(54,282,000$)73,739,000$37,555,000$22,862,000$24,809,000$54,418,000$27,076,000$10,546,000$(91,418,000$)61,045,000$31,673,000$14,340,000$18,992,000$55,653,000$29,141,000$12,468,000$
QoQ%(107.53%)505.81%141.80%(43.21%)(88.02%)173.06%1.82%193.95%(233.14%)(16.73%)(17.65%)249.41%(87.14%)697.04%(3.94%)42.52%(90.10%)110.99%205.53%100.26%(92.79%)111.81%476.73%(147.98%)(69.05%)235.38%(505.96%)133.95%(162.93%)129.07%154.89%127.62%(173.61%)96.35%64.27%(7.85%)(54.41%)100.98%156.74%111.54%(249.76%)92.74%120.87%(24.50%)(65.87%)90.98%133.73%63.02%
YoY%(162.67%)(.38%)(55.10%)(81.09%)131.28%247.78%6.06%(14.22%)(419.00%)(69.19%)194.93%244.03%40.33%8.04%(71.40%)(9.03%)27.82%(6.94%)(6.58%)215.20%(72.40%)18.49%175.73%(181.60%)157.75%17.42%(298.69%)24.75%(1.47%)18.69%1.74%(34.43%)(318.80%)35.51%38.70%116.78%127.14%(10.86%)(14.51%)(26.46%)(581.35%)9.69%8.69%15.01%148.33%2.01%174.24%
Earnings Per Share, Basic(0.09$)1.22$0.22$0.10$0.17$1.45$0.53$0.52$(0.58$)0.44$0.53$0.64$0.18$1.42$0.18$0.19$0.13$1.32$0.62$0.20$0.11$1.52$0.72$(0.19$)0.40$1.29$(0.95$)0.23$(0.69$)1.10$0.48$0.19$(0.68$)0.92$0.47$0.29$0.31$0.68$0.34$0.13$(1.15$)0.77$0.40$0.18$0.24$0.70$0.37$0.16$
Earnings Per Share, Diluted(0.09$)1.22$0.22$0.10$0.17$1.45$0.53$0.52$(0.58$)0.44$0.53$0.64$0.18$1.42$0.18$0.19$0.13$1.32$0.62$0.20$0.11$1.52$0.72$(0.19$)0.40$1.28$(0.95$)0.23$(0.69$)1.09$0.48$0.19$(0.68$)0.92$0.47$0.29$0.31$0.68$0.34$0.13$(1.14$)0.76$0.40$0.18$0.24$0.69$0.36$0.16$
Unlevered FCF Per Share, Basic1.44$2.63$0.04$1.52$1.75$1.99$0.85$1.03$1.59$1.98$1.29$1.53$1.62$2.43$1.17$1.35$1.62$2.72$1.02$1.01$1.45$2.53$0.90$1.17$1.90$2.24$0.84$1.31$1.39$2.29$0.69$0.99$1.34$2.70$0.86$1.65$1.09$2.49$0.39$1.14$0.64$2.83$0.54$0.84$1.11$2.54$0.59$0.96$
Unlevered FCF Per Share, Diluted1.40$2.63$0.04$1.52$1.75$1.99$0.85$1.03$1.59$1.98$1.29$1.53$1.62$2.43$1.17$1.35$1.62$2.72$1.02$1.00$1.44$2.53$0.90$1.17$1.90$2.24$0.84$1.31$1.39$2.29$0.69$0.99$1.34$2.69$0.86$1.64$1.09$2.48$0.39$1.13$0.64$2.82$0.54$0.83$1.10$2.52$0.59$0.95$
Average Shares, Basic109,518,000107,361,00096,132,00093,017,00090,619,00090,530,00090,504,00090,483,00086,909,00086,089,00086,085,00086,101,00086,110,00086,101,00086,186,00086,091,00086,111,00086,072,00086,066,00086,031,00081,050,00079,867,00079,840,00079,871,00079,966,00079,948,00079,917,00079,893,00079,967,00079,869,00079,865,00079,859,00079,955,00079,938,00079,905,00079,766,00079,773,00079,750,00079,751,00079,758,00079,763,00079,754,00079,753,00079,766,00079,786,00079,766,00079,764,00079,836,000
Average Shares, Diluted112,775,000107,417,00096,197,00093,179,00090,693,00090,605,00090,552,00090,514,00087,077,00086,129,00086,129,00086,141,00086,143,00086,136,00086,226,00086,171,00086,169,00086,113,00086,107,00086,055,00081,559,00079,906,00079,876,00079,871,00080,071,00080,001,00079,917,00079,971,00080,076,00079,980,00079,979,00080,013,00080,167,00080,154,00080,131,00080,112,00080,139,00080,117,00080,108,00080,164,00080,154,00080,116,00080,133,00080,153,00080,278,00080,223,00080,228,00080,387,000
EBIT(16,394,000$)225,402,000$99,352,000$77,366,000$21,690,000$219,484,000$116,763,000$91,557,000$(21,131,000$)87,487,000$103,551,000$110,976,000$67,195,000$174,713,000$49,434,000$47,876,000$44,878,000$157,594,000$90,179,000$48,655,000$43,218,000$165,047,000$96,924,000$17,155,000$72,359,000$146,310,000$(85,323,000$)54,519,000$(32,226,000$)134,964,000$80,926,000$52,637,000$36,089,000$153,176,000$95,199,000$68,921,000$73,061,000$118,326,000$79,807,000$52,613,000$(105,685,000$)128,135,000$81,921,000$56,642,000$68,487,000$120,656,000$79,046,000$52,086,000$
EBITDA105,889,000$351,252,000$220,297,000$191,666,000$130,781,000$327,038,000$220,124,000$194,561,000$70,004,000$176,193,000$190,274,000$198,104,000$152,510,000$260,579,000$134,704,000$132,548,000$126,125,000$238,353,000$169,526,000$127,512,000$124,349,000$242,785,000$175,188,000$94,690,000$148,245,000$223,402,000$(11,179,000$)128,465,000$36,009,000$205,350,000$150,198,000$120,385,000$103,997,000$221,601,000$161,172,000$134,809,000$136,957,000$179,678,000$138,029,000$111,176,000$(48,387,000$)184,807,000$135,750,000$111,704,000$120,667,000$174,907,000$130,533,000$104,035,000$