TXNM Energy, Inc., Public Service Company of New Mexico, and Texas-New Mexico Power Company filed a Form 8-K on October 30, 2026, furnishing a press release announcing results of operations for the three and nine months ended September 30, 2026.

Key Highlights

  • Three co-registrants: The filing covers TXNM Energy, Inc., Public Service Company of New Mexico, and Texas-New Mexico Power Company collectively.
  • Reporting period: Results cover the three and nine months ended September 30, 2026.
  • Press release furnished: The operational results are contained in Exhibit 99.1, a press release dated October 30, 2026.
  • Non-GAAP measures used: The company disclosed use of ongoing earnings and ongoing earnings per diluted share, among other non-GAAP financial measures, to evaluate operations and set management goals.
  • Non-GAAP exclusions noted: According to the filing, certain measures exclude net unrealized mark-to-market gains and losses on economic hedges, net change in unrealized gains and losses on investment securities, pension expense related to a previously disposed of gas distribution business, and certain non-recurring, infrequent, and other items.
  • Signed by: Gerald R. Bischoff, Vice President and Corporate Controller, signed on behalf of all three registrants.

TXNM Energy and Subsidiaries Furnish Third-Quarter 2026 Results Under Item 2.02

TXNM Energy, Inc. (NYSE:TXNM), along with its subsidiaries Public Service Company of New Mexico and Texas-New Mexico Power Company, filed a current report on October 30, 2026, under Item 2.02 (Results of Operations and Financial Condition) of Form 8-K. According to the filing, the three registrants jointly issued a press release on the same date announcing results of operations for the three and nine months ended September 30, 2026. That press release was furnished as Exhibit 99.1 and incorporated by reference into the report.

The filing describes the company's use of non-GAAP financial measures, including ongoing earnings and ongoing earnings per diluted share. According to the filing, the company uses these measures "to evaluate the operations of the Company and to establish goals, including those used for certain aspects of incentive compensation, for management and employees." The filing states that management believes these measures "provide useful information to investors by removing the effect of variances in GAAP reported results of operations that are not indicative of fundamental changes in the earnings capacity of the Company's operations."

The filing also addresses ongoing earnings guidance, noting that the company "does not intend for ongoing earnings guidance to represent an expectation of net earnings as defined by GAAP." Management stated it is generally not able to provide a corresponding GAAP equivalent for forecasted ongoing earnings guidance without unreasonable effort, as future differences between GAAP and ongoing earnings are frequently outside the company's control. In accordance with general instruction B.2 of Form 8-K, the information furnished in the report, including exhibits, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.

What Was Disclosed

TXNM Energy and two subsidiaries filed an 8-K on October 30, 2026, furnishing a press release with operational results for the three and nine months ended September 30, 2026, along with a description of the non-GAAP financial measures the company uses in its reporting.