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Txnm Energy Inc revenue

Txnm Energy Inc's revenue was $2.17bn in fiscal 2025, up 9.9% on the year before. Since fiscal 2016 ($1.36bn) it has grown at a compound 5.3% a year. Over the last twelve months it was $2.32bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Txnm Energy Inc: revenue history, annual
Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue1,3631,4451,4371,4581,5231,7802,2501,9391,9712,1662,320
Growth on the year before—+6.0%−0.6%+1.5%+4.5%+16.9%+26.4%−13.8%+1.7%+9.9%—
Gross profit————607649740656———
Gross margin————39.8%36.5%32.9%33.8%———

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Electricity $2.2B ▲ 9.9%
Electric Transmission Service $320M ▲ 7.3%
Wholesale Energy Sales $97.8M ▲ 50.6%
Miscellaneous Revenue From Contracts With Customers $10.2M ▲ 6.3%

These categories overlap or exclude eliminations, so shares aren't shown.

From Txnm Energy Inc's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electric Utilities: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Txnm Energy Inc $2.32bn 10.0% 3.3%
Algonquin Power & Utilities Corp. $2.43bn 4.9% —
Hawaiian Electric Industries Inc $3.28bn 5.1% -0.9%
OGE Energy Corp. $3.37bn 2.4% 6.2%
Portland General Electric Co $3.55bn 1.2% 7.2%
Otter Tail Corp $1.31bn -0.2% -1.6%

Compare with peers

Head to head: AQN vs TXNMHE vs TXNMOGE vs TXNMOTTR vs TXNM

More: Electric Utilities stocks compared, Utilities sector, rankings of US companies

Figures from Txnm Energy Inc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Txnm Energy Inc.