Filing Flows › Txnm Energy (TXNM) › How it makes money
How Txnm Energy (TXNM) makes money
Txnm Energy (TXNM) made $733M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Of every dollar of revenue, 37¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $733M | 100.0% |
| Operating profit | $271M | 37.0% |
| Income tax | $27.4M | 3.7% |
| Net earnings | $163M | 22.3% |
| Operating cash flow | $230M | 31.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $733M | +13% |
| Q2 2026 | $549M | +9% |
| Q1 2026 | $505M | +5% |
| Q4 2025 | $533M | +12% |
| Q3 2025 | $647M | +14% |
| Q2 2025 | $502M | +3% |
| Q1 2025 | $483M | +10% |
From Txnm Energy's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Txnm Energy make money?
Txnm Energy (TXNM) made $733M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Of every dollar of revenue, 37¢ was left as operating profit, 22¢ was left as net earnings.
What is Txnm Energy's profit margin?
Net earnings were $163M, 22.3% of revenue, in the third quarter 2026; the operating margin was 37.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.