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Txnm Energy, Inc. (TXNM) is an utilities company in the additional US power providers industry, based in Albuquerque, United States, with about 1,755 full-time employees.
It reported revenue of $2.17 billion for fiscal year 2025, up 9.9% from fiscal year 2024, and net income of $151.36 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $548.55 million, up 9.2% from a year before. Its largest business segment, Public Service Company of New Mexico, brought in 69% of segment revenue in fiscal year 2025. Its market capitalization was $6.45 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate.
Txnm Energy reported $2.17 billion in revenue for fiscal year 2025, up 9.9% from $1.97 billion in fiscal year 2024. In Q2 2026 revenue was $548.55 million.
Public Service Company of New Mexico, with $1.48 billion or 69% of segment revenue in fiscal year 2025. Next: Texas-New Mexico Power Company (31%).
$6.45 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (additional US power providers) include CenterPoint Energy, Inc. (CNP), NRG Energy, Inc. (NRG), Edison International (EIX), Algonquin Power & Utilities Corp. (AQN).