Financial insights of TXNM

MyFinsight

For the quarter ending 2025-09-30, TXNM made $647,162K in revenue. $130,710K in net income. Net profit margin of 20.20%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2024-12-31	2024-09-30
Electric operating revenues	647,162	-	467,314	569,256
Regulatory disallowances	-	-	2,245	-
Energy costs-Electricity	195,042	-	-	-
Administrative and general	68,445	-	60,759	64,840
Energy costs-Electricity Generation	21,172	-	-	-
Regulatory disallowances	-731	-	-	6,142
Cost of energy and production costs	-	-	172,521	160,168
Depreciation and amortization	105,012	-	95,842	97,400
Transmission and distribution costs	27,167	-	24,907	23,660
Taxes other than income taxes	28,185	-	24,871	25,966
Utilities Operating Expense	444,292	-	379,846	378,176
Total operating expenses	202,870	72,701	87,469	191,080
Interest income	6,496	3,872	4,956	8,669
Gains on investment securities	11,376	23,556	4,360	13,770
Interest charges	-	-	57,017	-
Other income	7,688	5,704	6,889	7,953
Other (deductions)	3,028	6,481	7,400	1,988
Net other income and deductions	22,532	26,651	8,805	28,404
Interest charges	70,149	72,013	-	59,664
Earnings before income taxes	155,253	27,339	40,140	159,820
Income taxes	18,949	1,326	-635	23,422
Net earnings	136,304	26,013	40,775	136,398
Subsidiary preferred stock dividends	-	-	132	-
(earnings) attributable to valencia non-controlling interest	5,462	-	27,916	-
Preferred stock dividend requirements of subsidiary	132	-	-	-
Net earnings attributable to txnm	130,710	-	60,539	-

Average shares basic (in shares)	107,361,000	96,132,000	1,333.333	90,530,000
Average shares diluted (in shares)	107,417,000	96,197,000	-4,666.667	90,605,000
Basic (in dollars per share)	1.22	0.22	0.407	1.45
Diluted (in dollars per share)	1.22	0.22	0.407	1.45