Filing Flows › Txnm Energy (TXNM) › Q3 2026 › vs Q3 2025
Txnm Energy (TXNM) Q3 2026 vs Q3 2025 (year over year)
Txnm Energy's revenue rose $86.1M (+13%) from $647M in Q3 2025 to $733M in Q3 2026. Operating margin 37.0% against 31.3% (+5.6 pts).
Txnm Energy, Q3 2026: revenue $733M (+13% year over year), operating margin 37.0%, net earnings $163M, operating cash flow $230M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 37.0% | 31.3% | +5.6 pts |
| Net margin | 22.3% | 20.2% | +2.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $733M | $647M | $86.1M | +13% |
| Operating profit | $271M | $203M | $68.2M | +34% |
| Costs & expenses | $462M | $444M | $17.9M | +4% |
| Pre-tax earnings | $195M | $155M | $40.1M | +26% |
| Other expense, net | $75.7M | $47.6M | $28.1M | +59% |
| General & admin | $68.9M | $68.4M | $426K | +0.6% |
| Other operating costs | $393M | $376M | $17.5M | +5% |
| Net earnings | $163M | $131M | $32.7M | +25% |
| Minority interests | $4.6M | $5.6M | −$1.0M | -18% |
| Income tax | $27.4M | $18.9M | $8.4M | +44% |
| Depreciation & amortization | $127M | $126M | $946K | +0.8% |
| Share-based compensation | $1.5M | $1.4M | $44K | +3% |
| Working capital & other | $62.2M | −$24.0M | $86.2M | — |
| Operating cash flow | $230M | $282M | −$52.5M | -19% |
| Capital expenditures | $325M | $277M | $48.1M | +17% |
| Negative free cash flow (OCF − capex) | $95.9M | −$4.7M | $101M | — |
Questions
How much did Txnm Energy's revenue grow year over year in Q3 2026?
Txnm Energy's revenue rose $86.1M (+13%) from $647M in Q3 2025 to $733M in Q3 2026. Operating margin 37.0% against 31.3% (+5.6 pts).