TXNM Q3 2025 Earnings — TXNM Energy, Inc. Revenue & Financial Results | Market Cap Arena

TXNMTXNM Energy, Inc.

$6B

Q3 2025 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$647M+13.7% YoY

Gross Profit

$299M46.2% margin

Operating Income

$202M31.2% margin

Net Income

$131M20.2% margin

EPS (Diluted)

$1.22

QoQ Revenue Growth

+28.8%

Cash Flow

Operating Cash Flow

$282M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$8.5B

Stockholders' Equity

$3.4B

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$647M	$569M	+13.7%
Gross Profit	$299M	$288M	+3.7%
Operating Income	$202M	$197M	+2.5%
Net Income	$131M	$131M	-0.4%

Revenue Segments

Electricity

$647M85%

Electric Transmission Service

$81M11%

Wholesale Energy Sales

$35M5%

Miscellaneous Revenue From Contracts With Customers

$3M0%