Filing Flows › Txnm Energy (TXNM) › Q2 2026 › vs Q1 2026
Txnm Energy (TXNM) Q2 2026 vs Q1 2026 (quarter over quarter)
Txnm Energy's revenue rose $43.6M (+9%) from $505M in Q1 2026 to $549M in Q2 2026. Operating margin 22.5% against 15.3% (+7.2 pts).
Txnm Energy, Q2 2026: revenue $549M (+9% year over year), operating margin 22.5%, net earnings $71.3M, operating cash flow $69.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 22.5% | 15.3% | +7.2 pts |
| Net margin | 13.0% | 0.7% | +12.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $549M | $505M | $43.6M | +9% |
| Operating profit | $123M | $77.0M | $46.3M | +60% |
| Costs & expenses | $425M | $428M | −$2.7M | -0.6% |
| Pre-tax earnings | $87.7M | $8.0M | $79.7M | +996% |
| Other expense, net | $35.6M | $69.0M | −$33.4M | -48% |
| General & admin | $64.9M | $66.9M | −$2.0M | -3% |
| Other operating costs | $360M | $361M | −$674K | -0.2% |
| Net earnings | $71.3M | $3.7M | $67.5M | 19× |
| Minority interests | $4.1M | $4.3M | −$142K | -3% |
| Income tax | $12.3M | −$9K | $12.3M | — |
| Operating cash sources | $199M | $129M | $69.7M | +54% |
| Depreciation & amortization | $128M | $125M | $2.2M | +2% |
| Working capital & other | $129M | −$18.9M | $148M | — |
| Operating cash flow | $69.8M | $153M | −$83.4M | -54% |
| Capital expenditures | $265M | $313M | −$47.9M | -15% |
| Negative free cash flow (OCF − capex) | $195M | $160M | $35.5M | +22% |
Questions
How much did Txnm Energy's revenue grow quarter over quarter in Q2 2026?
Txnm Energy's revenue rose $43.6M (+9%) from $505M in Q1 2026 to $549M in Q2 2026. Operating margin 22.5% against 15.3% (+7.2 pts).