TXNM Energy, Inc. (TXNM) — Financial statements
Income statement, balance sheet, and cash flow for TXNM Energy, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,166↑9.9% | 1,971↑1.7% | 1,939↓13.8% | 2,250↑26.4% | 1,780 | |
| Cost of Revenue | 1,341↑15.5% | 1,161↓11.5% | 1,312↓14.5% | 1,535↑33.0% | 1,154 | |
| Gross Profit | 825↑1.8% | 810↑29.2% | 627↓12.3% | 715↑14.2% | 626 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 274 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 274↑11.1% | 247↑8.4% | 228↑0.3% | 227↓1.4% | 230 | |
| Other Expenses | 110↑9.3% | 101↑4.8% | 96↑3.2% | 93↑8.1% | 86 | |
| Operating Expenses | 384↑10.5% | 348↑7.4% | 324↑1.2% | 320↑1.2% | 316 | |
| Total Costs & Expenses | 1,725↑14.3% | 1,509↓7.8% | 1,636↓11.8% | 1,855↑26.2% | 1,470 | |
| Operating Results | ||||||
| Operating Income | 441↓4.6% | 462↑52.5% | 303↓23.1% | 395↑27.6% | 309 | |
| Depreciation & Amortization | 426↑0.6% | 423↑19.6% | 354↑3.7% | 341↑6.5% | 320 | |
| EBITDA | 941↑1.2% | 929↑48.0% | 628↓8.0% | 682↑2.8% | 664 | |
| EBIT | 515↑1.7% | 506↑84.7% | 274↓19.7% | 341↓0.7% | 344 | |
| Interest & Other Income | ||||||
| Net Interest Income | -315↓54.0% | -205↓21.5% | -168↓50.6% | -112↓36.0% | -82 | |
| Interest Income | 20↓14.8% | 24↑7.2% | 22↑36.5% | 16↑9.8% | 15 | |
| Interest Expense | 335↑46.9% | 228↑19.8% | 190↑48.8% | 128↑32.0% | 97 | |
| Non-Operating Income | -74↓68.8% | -44↓249.6% | 29↓45.1% | 53↑255.4% | -34 | |
| Other Income / Expenses | -260↓42.9% | -182↑14.3% | -213↓16.1% | -183↓182.3% | -65 | |
| Income Before Tax | 180↓35.8% | 280↑209.6% | 91↓57.2% | 211↓13.5% | 244 | |
| Income Tax Expense | 10↓52.7% | 22↑231.6% | -16↓162.6% | 26↓19.8% | 33 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 170↓34.4% | 259↑142.1% | 107↓42.3% | 185↓12.6% | 212 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 151↓37.6% | 243↑174.7% | 88↓48.0% | 170↓13.4% | 196 | |
| Bottom-Line Net Income | 151↓37.5% | 242↑175.7% | 88↓48.2% | 170↓13.4% | 196 | |
| EPS (Basic) | 1.63↓39.0% | 2.67↑161.8% | 1.02↓48.2% | 1.97↓13.6% | 2.28 | |
| EPS (Diluted) | 1.62↓39.3% | 2.67↑161.8% | 1.02↓48.2% | 1.97↓13.2% | 2.27 | |
| Weighted Average Shares | 93↑2.6% | 91↑5.3% | 86↓0.0% | 86↑0.3% | 86 | |
| Weighted Average Diluted Shares | 93↑2.9% | 91↑4.9% | 86↑0.2% | 86↑0.1% | 86 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.