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Condensed Consolidated Statements of Earnings - TXNM - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Electric Operating Revenues $ 502,420 $ 488,102 $ 985,212 $ 924,979
Operating Expenses:        
Administrative and general 75,991 59,581 136,760 115,008
Regulatory disallowances 0 0 0 4,459
Depreciation and amortization 105,235 94,413 209,786 187,600
Transmission and distribution costs 26,461 25,051 51,966 47,815
Taxes other than income taxes 28,329 24,084 54,679 50,018
Total operating expenses 429,719 382,419 840,622 738,706
Total operating expenses 72,701 105,683 144,590 186,273
Other Income and Deductions:        
Interest income 3,872 4,470 8,119 9,050
Gains on investment securities 23,556 558 22,315 18,556
Other income 5,704 7,688 10,433 12,599
Other (deductions) (6,481) (1,636) (8,739) (18,158)
Net other income and deductions 26,651 11,080 32,128 22,047
Interest Charges 72,013 55,828 135,564 109,590
Earnings before Income Taxes 27,339 60,935 41,154 98,730
Income Taxes 1,326 8,971 2,344 (3,600)
Net Earnings 26,013 51,964 38,810 102,330
(Earnings) Attributable to Valencia Non-controlling Interest (4,305) (3,783) (8,047) (6,827)
Preferred Stock Dividend Requirements of Subsidiary (132) (132) (264) (264)
Net Earnings Attributable to TXNM $ 21,576 $ 48,049 $ 30,499 $ 95,239
Net Earnings Attributable to TXNM per Common Share:        
Basic (in dollars per share) $ 0.22 $ 0.53 $ 0.32 $ 1.05
Diluted (in dollars per share) 0.22 0.53 0.32 1.05
Dividends Declared per Common Share (in dollars per share) $ 0.4075 $ 0.3875 $ 0.8150 $ 0.7750
Electric operating revenues        
Electric Operating Revenues $ 502,420 $ 488,102 $ 985,212 $ 924,979
Operating Expenses:        
Energy costs 167,622 154,706 336,804 287,010
Energy production costs        
Operating Expenses:        
Energy costs $ 26,081 $ 24,584 $ 50,627 $ 46,796