Texas Instruments (TXN)

Nasdaq Information Technology Semiconductors S&P 500Nasdaq-100

$277.36

-0.79 (-0.28%)

Close of Nov 06, 2026 · end-of-day data

Source: Texas Instruments's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$13.37B	$14.96B	$15.78B	$14.38B	$14.46B	$18.34B	$20.03B	$17.52B	$15.64B	$17.68B
Cost of revenue	$5.11B	$5.35B	$5.51B	$5.22B	$5.19B	$5.97B	$6.26B	$6.50B	$6.55B	$7.60B
Gross profit	$8.26B	$9.61B	$10.28B	$9.16B	$9.27B	$12.38B	$13.77B	$11.02B	$9.09B	$10.08B
Research & development	$1.36B	$1.51B	$1.56B	$1.54B	$1.53B	$1.55B	$1.67B	$1.86B	$1.96B	$2.08B
Selling, general & admin	$1.74B	$1.69B	$1.68B	$1.65B	$1.62B	$1.67B	$1.70B	$1.82B	$1.79B	$1.86B
Operating income	$4.86B	$6.08B	$6.71B	$5.72B	$5.89B	$8.96B	$10.14B	$7.33B	$5.46B	$6.02B
Pre-tax income	$4.93B	$6.08B	$6.69B	$5.73B	$6.02B	$8.92B	$10.03B	$7.42B	$5.45B	$5.71B
Income tax	$1.33B	$2.40B	$1.11B	$711.00M	$422.00M	$1.15B	$1.28B	$908.00M	$654.00M	$709.00M
Net income	$3.60B	$3.68B	$5.58B	$5.02B	$5.59B	$7.77B	$8.75B	$6.51B	$4.80B	$5.00B
EBITDA	$5.46B	$6.62B	$7.30B	$6.43B	$6.63B	$9.71B	$11.06B	$8.51B	$6.97B	$7.94B
EPS (basic)	$3.54	$3.68	$5.71	$5.33	$6.05	$8.38	$9.51	$7.13	$5.24	$5.47
EPS (diluted)	$3.48	$3.61	$5.59	$5.24	$5.97	$8.26	$9.41	$7.07	$5.20	$5.45
Diluted shares	1.02B	1.01B	990.00M	952.00M	933.00M	936.00M	926.00M	916.00M	919.00M	913.00M
Gross margin	61.8%	64.3%	65.1%	63.7%	64.1%	67.5%	68.8%	62.9%	58.1%	57.0%
Operating margin	36.3%	40.7%	42.5%	39.8%	40.8%	48.8%	50.6%	41.8%	34.9%	34.1%
Net margin	26.9%	24.6%	35.4%	34.9%	38.7%	42.4%	43.7%	37.2%	30.7%	28.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$1.15B	$1.66B	$2.44B	$2.44B	$3.11B	$4.63B	$3.05B	$2.96B	$3.20B	$3.23B
Short-term investments	$2.34B	$2.81B	$1.79B	$2.95B	$3.46B	$5.11B	$6.02B	$5.61B	$4.38B	$1.66B
Receivables	$1.27B	$1.28B	$1.21B	$1.07B	$1.41B	$1.70B	$1.90B	$1.79B	$1.72B	$1.96B
Inventory	$1.79B	$1.96B	$2.22B	$2.00B	$1.96B	$1.91B	$2.76B	$4.00B	$4.53B	$4.80B
Total current assets	$7.46B	$8.73B	$8.10B	$8.76B	$10.24B	$13.69B	$14.02B	$15.12B	$15.03B	$13.75B
Goodwill	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.33B
Total assets	$16.43B	$17.64B	$17.14B	$18.02B	$19.35B	$24.68B	$27.21B	$32.35B	$35.51B	$34.59B
Total current liabilities	$2.26B	$2.26B	$2.47B	$2.12B	$2.39B	$2.57B	$2.98B	$3.32B	$3.64B	$3.16B
Short-term debt	$631.00M	$500.00M	$749.00M	$500.00M	$550.00M	$500.00M	$500.00M	$599.00M	$750.00M	$500.00M
Long-term debt	$2.98B	$3.58B	$4.32B	$5.30B	$6.25B	$7.24B	$8.23B	$10.62B	$12.85B	$13.55B
Total debt	$3.61B	$4.08B	$5.07B	$5.80B	$6.80B	$7.74B	$8.73B	$11.22B	$13.60B	$14.05B
Total liabilities	$5.96B	$7.30B	$8.14B	$9.11B	$10.16B	$11.34B	$12.63B	$15.45B	$18.61B	$18.31B
Shareholders' equity	$10.47B	$10.34B	$8.99B	$8.91B	$9.19B	$13.33B	$14.58B	$16.90B	$16.90B	$16.27B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$4.61B	$5.36B	$7.19B	$6.65B	$6.14B	$8.76B	$8.72B	$6.42B	$6.32B	$7.15B
Capital expenditures	$531.00M	$695.00M	$1.13B	$847.00M	$649.00M	$2.46B	$2.80B	$5.07B	$4.82B	$4.55B
Free cash flow	$4.08B	$4.67B	$6.06B	$5.80B	$5.49B	$6.29B	$5.92B	$1.35B	$1.50B	$2.60B
Investing cash flow	-$650.00M	-$1.13B	-$78.00M	-$1.92B	-$922.00M	-$4.09B	-$3.58B	-$4.36B	-$3.20B	-$1.44B
Financing cash flow	-$3.81B	-$3.73B	-$6.33B	-$4.73B	-$4.55B	-$3.14B	-$6.72B	-$2.14B	-$2.88B	-$5.69B
Dividends paid	$1.65B	$2.10B	$2.56B	$3.01B	$3.43B	$3.89B	$4.30B	$4.56B	$4.79B	$5.00B
Share buybacks	$2.13B	$2.56B	$5.10B	$2.96B	$2.55B	$527.00M	$3.62B	$293.00M	$929.00M	$1.48B
Stock-based compensation	$252.00M	$242.00M	$232.00M	$217.00M	$224.00M	$230.00M	$289.00M	$362.00M	$387.00M	$419.00M
Depreciation & amortization	$605.00M	$539.00M	$590.00M	$708.00M	$733.00M	$755.00M	$925.00M	$1.18B	$1.51B	$1.92B

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$4.08B	$3.66B	$3.82B	$4.15B	$4.01B	$4.07B	$4.45B	$4.74B	$4.42B	$4.83B	$5.46B	$6.05B
Cost of revenue	$1.65B	$1.57B	$1.61B	$1.68B	$1.69B	$1.76B	$1.87B	$2.02B	$1.95B	$2.03B	$2.11B	$2.17B
Gross profit	$2.43B	$2.10B	$2.21B	$2.47B	$2.31B	$2.31B	$2.58B	$2.72B	$2.47B	$2.80B	$3.35B	$3.89B
Research & development	$460.00M	$478.00M	$498.00M	$492.00M	$491.00M	$517.00M	$527.00M	$518.00M	$521.00M	$510.00M	$535.00M	$530.00M
Selling, general & admin	$438.00M	$455.00M	$465.00M	$428.00M	$446.00M	$472.00M	$485.00M	$457.00M	$446.00M	$464.00M	$490.00M	$476.00M
Operating income	$1.53B	$1.29B	$1.25B	$1.55B	$1.38B	$1.32B	$1.56B	$1.66B	$1.47B	$1.81B	$2.31B	$2.87B
Pre-tax income	$1.55B	$1.29B	$1.25B	$1.55B	$1.36B	$1.28B	$1.48B	$1.58B	$1.37B	$1.71B	$2.24B	$2.81B
Income tax	$177.00M	$188.00M	$120.00M	$192.00M	$154.00M	$97.00M	$183.00M	$220.00M	$209.00M	$169.00M	$258.00M	$380.00M
Net income	$1.37B	$1.10B	$1.13B	$1.36B	$1.21B	$1.18B	$1.29B	$1.36B	$1.16B	$1.54B	$1.98B	$2.42B
EBITDA	$1.85B	$1.63B	$1.61B	$1.94B	$1.79B	$1.75B	$2.02B	$2.16B	$2.01B	$2.35B	$2.86B	$3.43B
EPS (basic)	$1.50	$1.21	$1.23	$1.48	$1.32	$1.29	$1.42	$1.49	$1.27	$1.69	$2.16	$2.64
EPS (diluted)	$1.49	$1.20	$1.22	$1.47	$1.31	$1.28	$1.41	$1.48	$1.27	$1.68	$2.14	$2.62
Diluted shares	0	917.00M	919.00M	920.00M	0	916.00M	912.00M	914.00M	-1.00M	914.00M	920.00M	921.00M
Gross margin	59.6%	57.2%	57.8%	59.6%	57.7%	56.8%	57.9%	57.4%	55.9%	58.0%	61.4%	64.2%
Operating margin	37.6%	35.1%	32.7%	37.4%	34.4%	32.5%	35.1%	35.1%	33.3%	37.5%	42.3%	47.5%
Net margin	33.6%	30.2%	29.5%	32.8%	30.1%	29.0%	29.1%	28.8%	26.3%	32.0%	36.2%	40.0%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$2.96B	$2.48B	$2.74B	$2.59B	$3.20B	$2.76B	$3.04B	$3.31B	$3.23B	$3.55B	$3.66B	$4.21B
Short-term investments	$5.61B	$7.91B	$6.95B	$6.16B	$4.38B	$2.24B	$2.31B	$1.88B	$1.66B	$1.55B	$3.34B	$3.93B
Receivables	$1.79B	$1.67B	$1.71B	$1.86B	$1.72B	$1.86B	$1.93B	$2.06B	$1.96B	$2.25B	$2.52B	$2.62B
Inventory	$4.00B	$4.08B	$4.11B	$4.30B	$4.53B	$4.69B	$4.81B	$4.83B	$4.80B	$4.70B	$4.61B	$4.67B
Total current assets	$15.12B	$17.45B	$16.79B	$15.87B	$15.03B	$13.09B	$14.48B	$13.88B	$13.75B	$13.80B	$15.76B	$16.88B
Goodwill	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.36B	$4.33B	$4.33B	$4.33B	$4.33B
Total assets	$32.35B	$34.88B	$35.05B	$35.32B	$35.51B	$33.76B	$34.93B	$35.00B	$34.59B	$34.39B	$35.88B	$36.84B
Total current liabilities	$3.32B	$3.55B	$3.64B	$3.69B	$3.64B	$2.49B	$2.49B	$3.12B	$3.16B	$3.10B	$3.24B	$3.02B
Short-term debt	$599.00M	$1.35B	$1.05B	$1.05B	$750.00M	$0	$0	$500.00M	$500.00M	$1.15B	$1.15B	$650.00M
Long-term debt	$10.62B	$12.84B	$12.84B	$12.84B	$12.85B	$12.85B	$14.04B	$13.55B	$13.55B	$12.90B	$12.90B	$12.90B
Total debt	$11.22B	$14.19B	$13.89B	$13.89B	$13.60B	$12.85B	$14.04B	$14.05B	$14.05B	$14.05B	$14.05B	$13.55B
Total liabilities	$15.45B	$17.90B	$17.83B	$18.05B	$18.61B	$17.35B	$18.53B	$18.38B	$18.31B	$17.61B	$17.88B	$17.65B
Shareholders' equity	$16.90B	$16.98B	$17.21B	$17.27B	$16.90B	$16.41B	$16.40B	$16.63B	$16.27B	$16.78B	$18.01B	$19.18B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$1.92B	$1.02B	$1.57B	$1.73B	$2.00B	$849.00M	$1.86B	$2.19B	$2.25B	$1.52B	$2.70B	$3.42B
Capital expenditures	$1.15B	$1.25B	$1.06B	$1.32B	$1.19B	$1.12B	$1.30B	$1.20B	$925.00M	$676.00M	$514.00M	$463.00M
Free cash flow	$776.00M	-$231.00M	$507.00M	$416.00M	$806.00M	-$274.00M	$555.00M	$993.00M	$1.33B	$844.00M	$2.19B	$2.96B
Investing cash flow	-$311.00M	-$3.33B	$0	-$487.00M	$614.00M	$1.25B	-$1.33B	-$681.00M	-$676.00M	-$47.00M	-$1.70B	-$987.00M
Financing cash flow	-$1.22B	$1.83B	-$1.31B	-$1.40B	-$2.00B	-$2.54B	-$244.00M	-$1.24B	-$1.66B	-$1.15B	-$890.00M	-$1.88B
Dividends paid	$1.18B	$1.18B	$1.19B	$1.19B	$1.24B	$1.24B	$1.24B	$1.24B	$1.29B	$1.29B	$1.29B	$1.30B
Share buybacks	$65.00M	$3.00M	$71.00M	$318.00M	$537.00M	$653.00M	$302.00M	$119.00M	$403.00M	$158.00M	$27.00M	$48.00M
Stock-based compensation	$68.00M	$106.00M	$116.00M	$87.00M	$78.00M	$116.00M	$129.00M	$93.00M	$81.00M	$109.00M	$127.00M	$95.00M
Depreciation & amortization	$322.00M	$346.00M	$363.00M	$383.00M	$416.00M	$424.00M	$460.00M	$497.00M	$537.00M	$541.00M	$547.00M	$555.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.