Business
PNM also plans to join the EDAM, which is a voluntary day-ahead regional market that expands on CAISO's EIM market, as early as 2027.
TXNM ENERGY INC: Revenue grew 9.0% to $2.137B from $1.96B. Net income declined 34.4% to $169.826M from $258.722M. Free cash flow remained negative, with the outflow narrowing from $738.881M to $611.433M. Operating margin contracted 249 bps to 20.65%. TXNM ENERGY INC's annual comparison also shows the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 9.0%OK
- Profitability — Net income declined 34.4% to $169.826M from $258.722MWatch
- Cash flow — Free cash flow remained negative, with the outflow narrowing from $738.881M to $611.433MOK
- Margins — Operating margin contracted 249 bps to 20.65%Watch
- Accounting — Distress-range screen needs contextWatch
- Insiders — 0 purchases and 1 salesNote
Where the revenue comes from
Fiscal 2025, as TXNM ENERGY INC reports it. History and quarterly detail are in the app.
- PNM$1.5B
- TNMP$681.3M
Leadership changes
From TXNM ENERGY INC's own filings, the day they're filed.
- Brian G. Iverson · General Counsel · appointmenteff. 2024-08-12
- Gerald Robert Bischoff · President · appointmenteff. 2023-12-05
- Henry E. Monroy · President · departureeff. 2023-12-05
Latest filings
- 8-K · Company announcement2026-09-02
- 8-K · Company announcement2026-08-19
- 10-Q · Quarterly report2026-07-31
- 8-K · Company announcement2026-07-31
- 8-K · Company announcement2026-07-21
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about TXNM ENERGY INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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