Filing Flows › Txnm Energy (TXNM) › Q3 2026
Txnm Energy (TXNM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Txnm Energy (TXNM) reported revenue of $733M for the third quarter 2026 (Q3 2026), +13% from a year earlier. Operating margin was 37.0%, net earnings $163M (22.3% of revenue).
Txnm Energy, Q3 2026: revenue $733M (+13% year over year), operating margin 37.0%, net earnings $163M, operating cash flow $230M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $733M | — | +13% |
| Operating profit | $271M | — | +34% |
| Net earnings | $163M | — | +25% |
| Operating cash flow | $230M | — | -19% |
What changed
Revenue was $733.3M in Q3 2026, up 13% year over year.
Operating profit was $271.1M, a 37.0% margin (up 5.6 points year over year). Of the extra revenue versus Q3 2025, 79% reached operating profit, above the 31% margin then. Total costs grew 4% against revenue growth of 13%. Net earnings were $163.4M, up 25% year over year. The effective tax rate was 14.0%.
Operating cash flow was $229.5M (down 19% year over year), 137% of net income including minority interests. Non-cash charges added back $126.8M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $66.7M. Capital expenditures of $325.4M exceeded it, leaving free cash flow of −$95.9M.
Questions
What was Txnm Energy's revenue in the third quarter 2026?
Txnm Energy (TXNM) reported revenue of $733M for the third quarter 2026 (Q3 2026), +13% from a year earlier.
Was Txnm Energy profitable in the third quarter 2026?
Operating profit was $271M (37.0% of revenue) and net earnings $163M.
Source: Txnm Energy 10-Q on SEC EDGAR.