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Smart Score
LaggingTXNM Energy, Inc. (“TXNM”), is a holding company with two regulated electric utilities, PNM and TNMP, serving approximately 842,000 residential, commercial, and industrial customers in New Mexico and Texas. TXNM was incorporated in the State of New Mexico in 2000.
In the company’s own words · 10-K filed Feb 27, 2026 · SEC EDGAR
Business segments
Jun 2026 · $415.0MThe company’s own SEC segment disclosure.
- Electricity$361.1M87%
- Electric Transmission Service$40.7M10%
- Wholesale Energy Sales$11.2M3%
- Miscellaneous Revenue From Contracts With Customers$2.0M0%
TXNM Energy, Inc. (TXNM) reported revenue of $505M in Q1 2026 (quarter ended Mar 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 Jun 2026 was Electricity at $361M, 87% of the disclosed total, well ahead of Electric Transmission Service at 9.8%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.
Utilities - Regulated Electric
Ranks #14 of 15 by Smart Score