---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-25-000107"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:03:48.839049+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy Q3 GAAP EPS $1.22, ongoing $1.33; Blackstone deal shareholder-approved

## Summary
- Q3 GAAP diluted EPS $1.22 vs $1.45 YoY; ongoing EPS $1.33 vs $1.43 YoY.
- PNM segment GAAP EPS $0.95 (ongoing $0.98); TNMP GAAP EPS $0.38 (ongoing $0.46).
- Blackstone Infrastructure acquisition at $61.25/share approved by shareholders; closing expected H2 2026 pending regulatory approvals.
- TNMP approved $87M rate base recovery; PNM filed for 30 MW storage at $78M.
- No earnings guidance reaffirmed due to pending transaction.

## SEC filing metadata
- accession: 0001108426-25-000107
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000107/0001108426-25-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842625000107/pnm-20251031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-25-000107
- JSON: https://secwatch.observer/filing/0001108426-25-000107.json
- Plain text: https://secwatch.observer/filing/0001108426-25-000107.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.