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TXNM Energy Reports Third Quarter 2026 Results

PR Newswire•30/10/2026•06:30 ET
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Key Highlights

  • ➤Q3 GAAP EPS $1.50, up from $1.22 year over year
  • ➤Q3 ongoing EPS $1.62, up from $1.33 year over year
  • ➤Blackstone acquisition remains pending at $61.25 per share
  • ➤NMPRC hearings scheduled January 19 through February 1, 2027
  • ➤PNM plans $595 million transmission project application

Expert Statements

Don Tarry, President and CEO of TXNM Energy

“During a prolonged summer of record-breaking heat, both PNM and TNMP reached new system peaks, demonstrating the critical role our infrastructure plays during periods of extreme demand”

Don Tarry, President and CEO of TXNM Energy

“We are acutely aware of the impact of higher energy use on our customers, and we remain focused on strengthening reliability while managing costs responsibly for our customers.”

2026 third quarter ongoing earnings of $1.62 per diluted share TXNM Energy (In millions, except EPS)

Q3 2026Q3 2025YTD 2026YTD 2025 GAAP net earnings attributable to TXNM Energy$163.4$130.7$238.4$161.2 GAAP diluted EPS$1.50$1.22$2.15$1.63 Ongoing net earnings$184.8$142.8$272.7$185.5 Ongoing diluted EPS$1.62$1.33$2.42$1.87

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