TXNM: financial statements from SEC

Income statement

Metric	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024
Revenue	505m	647m	502m	483m	569m	488m
Selling, general and administrative	67m	68m	76m	61m	65m	60m
Operating income	77m	203m	73m	72m	191m	106m
Interest expense	69m	70m	72m	64m	60m	56m
Pre-tax income	8m	155m	27m	14m	160m	61m
Income tax	−9,000	19m	1m	1m	23m	9m
Net income	4m	131m	22m	9m	131m	48m
Earnings per share	0.03	1.22	0.22	0.10	1.45	0.53
Earnings per share, diluted	0.03	1.22	0.22	0.10	1.45	0.53

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	6m	18m	32m	22m	6m	4m	16m	20m
Receivables	136m	152m	191m	146m	132m	130m	150m	122m
Inventory	190m	181m	173m	171m	168m	167m	121m	115m
Current assets	562m	565m	595m	574m	489m	499m	496m	538m
Goodwill	278m	278m	278m	278m	278m	278m	278m	278m
Total assets	12.14bn	12.06bn	11.97bn	11.68bn	11.39bn	11.21bn	10.84bn	10.58bn
Current liabilities	1.02bn	1.02bn	1.18bn	1.12bn	1.69bn	1.78bn	1.37bn	1.14bn
Short-term debt	303m	303m	402m	417m	672m	612m	412m	241m
Long-term debt	5.11bn	5.12bn	4.68bn	4.78bn	4.58bn	4.31bn	4.51bn	4.60bn
Total liabilities	8.61bn	8.60bn	8.50bn	8.45bn	8.83bn	8.62bn	8.32bn	8.12bn
Equity	3.46bn	3.40bn	3.42bn	3.22bn	2.55bn	2.54bn	2.51bn	2.45bn
Shares outstanding	111m	109m	109m	105m	93m	93m	90m	90m
Shares issued	111m	109m	109m	105m	93m	93m	90m	90m

Metric	Mar 31, 2026	Mar 31, 2025
Operating cash flow	153m	141m
Depreciation and amortisation	125m	114m
Share-based compensation	5m	3m
Capital expenditure	313m	343m
Investing cash flow	−315m	−345m
Dividends paid	46m	38m
Share buybacks	5m	6m
Financing cash flow	142m	198m