OpenNashEarnings

Semiconductors · Nasdaq: TXN

Texas Instruments earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 26 Jan 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Texas Instruments reported third quarter revenue of $6.06 billion, net income of $2.43 billion and earnings per share of $2.62.

Texas Instruments' third-quarter revenue was $6.06 billion, up 28% from a year ago and 11% from the prior quarter. Net income was $2.43 billion, or $2.62 per share. Growth came from industrial, automotive and data center customers. Analog revenue rose 32% and embedded processing rose 21%. Trailing 12-month free cash flow was $8.4 billion, far above the year before, as capital spending fell and factory incentives continued.

Read the Q3 2026 summary →

Quarters

KPI history

Revenue$6.1B+27.7% y/yQ3 2026
Q4 2024: $4.0B (worked out from the annual figure)Q4 ’24$4.0BQ1 2025: $4.1BQ1 ’25$4.1BQ2 2025: $4.4BQ2 ’25$4.4BQ3 2025: $4.7BQ3 ’25$4.7BQ4 2025: $4.4B (worked out from the annual figure)Q4 ’25$4.4BQ1 2026: $4.8BQ1 ’26$4.8BQ2 2026: $5.5BQ2 ’26$5.5BQ3 2026: $6.1BQ3 ’26$6.1B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$4.0B *
Q1 2025$4.1B
Q2 2025$4.4B
Q3 2025$4.7B
Q4 2025$4.4B *
Q1 2026$4.8B
Q2 2026$5.5B
Q3 2026$6.1B
Diluted EPS (GAAP)$2.62+77.0% y/yQ3 2026
Q1 2025: $1.28Q1 ’25$1.28Q2 2025: $1.41Q2 ’25$1.41Q3 2025: $1.48Q3 ’25$1.48Q1 2026: $1.68Q1 ’26$1.68Q2 2026: $2.14Q2 ’26$2.14Q3 2026: $2.62Q3 ’26$2.62
Data
Q1 2025$1.28
Q2 2025$1.41
Q3 2025$1.48
Q1 2026$1.68
Q2 2026$2.14
Q3 2026$2.62

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin47.5%+12.4 pts y/yQ3 2026
Q4 2024: 34.4%Q4 ’2434.4%Q1 2025: 32.5%Q1 ’2532.5%Q2 2025: 35.1%Q2 ’2535.1%Q3 2025: 35.1%Q3 ’2535.1%Q4 2025: 33.3%Q4 ’2533.3%Q1 2026: 37.5%Q1 ’2637.5%Q2 2026: 42.3%Q2 ’2642.3%Q3 2026: 47.5%Q3 ’2647.5%
Data
Q4 202434.4%
Q1 202532.5%
Q2 202535.1%
Q3 202535.1%
Q4 202533.3%
Q1 202637.5%
Q2 202642.3%
Q3 202647.5%
Free cash flow$3.0B+197.7% y/yQ3 2026
Q4 2024: $806.0MQ4 ’24$806.0MQ1 2025: -$274.0MQ1 ’25-$274.0MQ2 2025: $555.0MQ2 ’25$555.0MQ3 2025: $993.0MQ3 ’25$993.0MQ4 2025: $1.3BQ4 ’25$1.3BQ1 2026: $844.0MQ1 ’26$844.0MQ2 2026: $2.2BQ2 ’26$2.2BQ3 2026: $3.0BQ3 ’26$3.0B
Data
Q4 2024$806.0M
Q1 2025-$274.0M
Q2 2025$555.0M
Q3 2025$993.0M
Q4 2025$1.3B
Q1 2026$844.0M
Q2 2026$2.2B
Q3 2026$3.0B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$4.0Bd$4.1B$4.4B$4.7B$4.4Bd$4.8B$5.5B$6.1B
Gross margin57.7%56.8%57.9%57.4%55.9%58.0%61.4%64.2%
Operating income$1.4Bd$1.3B$1.6B$1.7B$1.5Bd$1.8B$2.3B$2.9B
Operating margin34.4%32.5%35.1%35.1%33.3%37.5%42.3%47.5%
Net income$1.2Bd$1.2B$1.3B$1.4B$1.2Bd$1.5B$2.0B$2.4B
Diluted EPS—$1.28$1.41$1.48—$1.68$2.14$2.62
Operating cash flow$2.0Bd$849.0M$1.9Bd$2.2Bd$2.3Bd$1.5B$2.7Bd$3.4Bd
Capital expenditure$1.2Bd$1.1B$1.3Bd$1.2Bd$925.0Md$676.0M$514.0Md$463.0Md
Free cash flow$806.0M-$274.0M$555.0M$993.0M$1.3B$844.0M$2.2B$3.0B
R&D expense$491.0Md$517.0M$527.0M$518.0M$521.0Md$510.0M$535.0M$530.0M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings