NYSE:TXNMElectric Utilities
What TXNM Energy (TXNM)'s Profit Drop Despite Rising Sales Means For Shareholders
TXNM Energy reported its second quarter and first half 2025 results, with sales rising to US$502.42 million and US$985.21 million year-over-year, but net income dropping sharply to US$21.58 million and US$30.5 million, respectively.
This earnings decline occurred despite higher revenues, indicating that increased costs or margin pressures played a significant role in shrinking overall profitability.
We will examine how this pronounced drop in net income, despite stronger revenue, may...