TXNM Energy reports third quarter earnings growth

TXNM Energy has released its financial results for the third quarter of 2026, showing an increase in profitability compared to the previous year. The company reported GAAP diluted earnings per share of $1.50, while ongoing earnings per share were reported at $1.62.

Net earnings attributable to the company rose to $163.4 million for the quarter, up from $130.7 million in the third quarter of 2025. On a year-to-date basis, net earnings have reached $238.4 million, compared to $161.2 million during the first nine months of the prior year.

The reported earnings reflect the company's financial performance amidst ongoing operational activities. TXNM Energy continues to manage its portfolio in a sector heavily influenced by regional energy demand and regulatory oversight.