AI brief of an SEC Form 8-K · TXNM Energy (TXNM)

TXNM Energy Q1 GAAP EPS falls to $0.03; ongoing EPS rises to $0.21

Mixed Impact 3 of 5 earnings Written later

TXNM Energy reported first-quarter 2026 results, with GAAP diluted earnings per share of $0.03, down from $0.10 a year earlier, and ongoing diluted EPS of $0.21, up from $0.19. The company will not issue 2026 earnings guidance while its proposed acquisition by Blackstone Infrastructure is pending, and it updated its 2026-2030 capital plan to $10.2 billion.

Key points

  • GAAP net earnings attributable to TXNM Energy were $3.7 million, versus $8.9 million in Q1 2025.
  • Ongoing net earnings were $23.8 million, versus $18.1 million in Q1 2025.
  • No 2026 earnings guidance will be issued during the pendency of the Blackstone Infrastructure transaction, which the company expects to close in the second half of 2026.
  • The updated 2026-2030 consolidated capital investment plan totals $10.2 billion.

The filing

CompanyTXNM Energy (TXNM)
Form8-K, current report
Filed with the SECMay 1, 2026, 7:09 AM ET
Accession number0001108426-26-000024

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.