---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-26-000024"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:13:29.808313+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy Q1 ongoing EPS $0.21; capital plan $10.2B; Blackstone deal on track for H2 2026

## Summary
- GAAP net earnings $3.7M ($0.03 EPS); ongoing net earnings $23.8M ($0.21 EPS) vs Q1 2025 $0.10/$0.19.
- Updated 2026-2030 capital investment plan of $10.2B; average rate base forecast from $7.6B (2026) to $13.6B (2030).
- Blackstone acquisition at $61.25/share expected to close H2 2026; FERC, PUCT, FCC approvals received; NMPRC and NRC pending.
- NMPRC approved PNM's $165M economic development projects and 30 MW battery storage ($78M investment).
- TNMP base rate review hearings canceled to pursue settlement; Q1 segment ongoing EPS: TNMP $0.30, PNM $0.01.

## SEC filing metadata
- accession: 0001108426-26-000024
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2026-05-01T23:59:59+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/1108426/000110842626000024/0001108426-26-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842626000024/pnm-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-26-000024
- JSON: https://secwatch.observer/filing/0001108426-26-000024.json
- Plain text: https://secwatch.observer/filing/0001108426-26-000024.txt

## Key facts
- Earnings Releases
  TXNM ENERGY INC reported first quarter 2026 results: net income $3.7, EPS $0.03 per diluted share.
  - Period: first quarter 2026
  - Net income: $3.7
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: TXNM Energy (In millions, except EPS) Q1 2026 Q1 2025 GAAP net earnings attributable to TXNM Energy $3.7 $8.9 GAAP diluted EPS $0.03 $0.10 Ongoing net earnings $23.8 $18.1 Ongoing diluted EPS $0.21 $0.19
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108426/000110842626000024/0001108426-26-000024-index.htm

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