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Texas Instruments TXN

$270.26
−$2.36 (-0.87%)
Market open · Sep 24, 2:00 pm ET
After hours $273.76 +0.42%
Open$270.00
Prev close$272.62
Day range$266.79 – $272.21
Volume1.31M
Market cap$246.81B
P/E (TTM)41.1
Dividend yield2.08%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$5.46B+22.8% YoY
Operating profit$2.33B+48.9% YoY
Net profit$1.98B+52.9% YoY
Diluted EPS$2.14+51.8% YoY
Free cash flow$2.19B+294.4% YoY
Operating cash flow$2.70B

Revenue, last 8 quarters

$4.2BSep '24$4.0BDec '24$4.1BMar '25$4.4BJun '25$4.7BSep '25$4.4BDec '25$4.8BMar '26$5.5BJun '26

Net profit, last 8 quarters

$1.4BSep '24$1.2BDec '24$1.2BMar '25$1.3BJun '25$1.4BSep '25$1.2BDec '25$1.5BMar '26$2.0BJun '26

Diluted EPS by quarter

1.47Sep '241.30Dec '241.28Mar '251.41Jun '251.48Sep '251.27Dec '251.68Mar '262.14Jun '26

Free cash flow by quarter

$416.0MSep '24$806.0MDec '24$-274.0MMar '25$555.0MJun '25$993.0MSep '25$1.3BDec '25$844.0MMar '26$2.2BJun '26

Annual revenue

$14.5BFY20$18.3BFY21$20.0BFY22$17.5BFY23$15.6BFY24$17.7BFY25

Profitability & balance sheet

Gross margin58.3%
Operating margin38.1%
Net margin30.9%
Return on equity35.0%
Return on assets17.0%
Return on invested capital20.5%
Current ratio4.86
Liabilities / assets49.8%
Cash & investments$7.00B
Total debt$14.05B
Net cash (debt)-$7.05B
Free cash flow / sales27.5%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Analog$4.37B 79.9%
  • Embedded Processing$788.00M 14.4%
  • Other$310.00M 5.7%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $5.46B $4.83B $17.68B $4.42B $4.74B
Total Operating Revenue $5.46B $4.83B $17.68B $4.42B $4.74B
Cost of Revenue $2.11B $2.03B $7.60B $1.95B $2.02B
Gross Profit $3.35B $2.80B $10.08B $2.47B $2.72B
Operating Expense $1.03B $974.00M $3.94B $967.00M $975.00M
Selling and Admin Expenses $490.00M $464.00M $1.86B $446.00M $457.00M
Research & Development $535.00M $510.00M $2.08B $521.00M $518.00M
Operating Profit $2.33B $1.83B $6.14B $1.51B $1.75B
Net Non-Operating Interest Income (Expense) -$141.00M -$141.00M -$543.00M -$141.00M -$141.00M
Non-Operating Interest Expense $141.00M $141.00M $543.00M $141.00M $141.00M
Other Income (Expense) $52.00M $30.00M $113.00M $8.00M -$23.00M
Special Income (Charges) -$17.00M -$17.00M -$117.00M -$32.00M -$85.00M
-Less:Restructuring and Mergern & Acquisition $17.00M $17.00M $85.00M $0.00 $85.00M
Other Non-Operating Income (Expenses) $69.00M $47.00M $230.00M $40.00M $62.00M
Pretax Profit $2.24B $1.71B $5.71B $1.37B $1.58B
Tax $258.00M $169.00M $709.00M $209.00M $220.00M
Net Profit $1.98B $1.55B $5.00B $1.16B $1.36B
Profit from Continuing Operations $1.98B $1.55B $5.00B $1.16B $1.36B
Net Income to Parent Company $1.98B $1.55B $5.00B $1.16B $1.36B
Other Preferred Stock Dividends $11.00M – $28.00M $7.00M $8.00M
Net Income to Common Stockholders $1.97B $1.55B $4.97B $1.16B $1.36B
Basic EPS $2.16 $1.69 $5.47 $1.28 $1.49
Diluted EPS $2.14 $1.68 $5.45 $1.27 $1.48
Dividend Per Share $1.42 $1.42 $5.50 $1.42 $1.36
-Less:Impairment of Capital Assets – – $32.00M – –
-Gain on Sale of Property/Plant/Equipment – – $0.00 – –

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $35.88B $34.39B $34.59B $34.59B $35.00B
Total Current Assets $15.76B $13.80B $13.75B $13.75B $13.88B
Cash and Cash Equivalents & Short-Term Investments $7.00B $5.10B $4.88B $4.88B $5.19B
-Cash and Cash Equivalents $3.66B $3.55B $3.23B $3.23B $3.31B
-Short Term Investments $3.34B $1.55B $1.66B $1.66B $1.88B
Receivables $3.53B $2.25B $1.96B $1.96B $2.06B
-Accounts Receivable $2.52B $2.25B $1.96B $1.96B $2.06B
-Taxes Receivable $1.01B – – – –
Inventory $4.61B $4.70B $4.80B $4.80B $4.83B
Other Current Assets $626.00M $1.75B $2.10B $2.10B $1.80B
Total Non-Current Assets $20.13B $20.60B $20.84B $20.84B $21.13B
Net PPE $11.91B $12.15B $12.32B $12.32B $12.35B
-Gross PPE $17.86B $17.87B $17.68B $17.68B $17.31B
-Accumulated Depreciation -$5.95B -$5.73B -$5.36B -$5.36B -$4.97B
Non Current Accounts Receivables $1.16B – – – –
Goodwill and Other Intangible Assets $4.64B $4.65B $4.57B $4.57B $4.60B
-Goodwill $4.33B $4.33B $4.33B $4.33B $4.36B
-Other Intangible Assets $314.00M $323.00M $238.00M $238.00M $237.00M
Defined Pension Benefit $316.00M $321.00M $324.00M $324.00M $251.00M
Non-Current Deferred Assets $1.02B $973.00M $967.00M $967.00M $1.09B
Other Non-Current Assets $1.08B $2.51B $2.66B $2.66B $2.84B
Total Liabilities $17.88B $17.62B $18.31B $18.31B $18.38B
Total Current Liabilities $3.24B $3.10B $3.16B $3.16B $3.12B
Payables $750.00M $776.00M $823.00M $823.00M $858.00M
-Accounts Payable $680.00M $638.00M $756.00M $756.00M $779.00M
-Total Tax Payable $70.00M $138.00M $67.00M $67.00M $79.00M
Current Accrued Expenses $809.00M $782.00M $300.00M $300.00M $1.04B
Short-Term Debt and Capital Lease Obligation $1.15B $1.15B $500.00M $500.00M $500.00M
-Current Debt $1.15B $1.15B $500.00M $500.00M $500.00M
Total Non-Current Liabilities $14.63B $14.52B $15.15B $15.15B $15.26B
Long Term Debt and Capital Lease Obligation $12.90B $12.90B $13.55B $13.55B $13.55B
-Long Term Debt $12.90B $12.90B $13.55B $13.55B $13.55B
Non-Current Deferred Liabilities $55.00M $63.00M $66.00M $66.00M $60.00M
Employee Benefits $123.00M $121.00M $124.00M $124.00M $125.00M
Other Non-Current Liabilities $1.55B $1.43B $1.42B $1.42B $1.53B
Total Equity $18.01B $16.78B $16.27B $16.27B $16.63B
Stockholders' Equity $18.01B $16.78B $16.27B $16.27B $16.63B
Capital Stock $1.74B $1.74B $1.74B $1.74B $1.74B
-Common Stock $1.74B $1.74B $1.74B $1.74B $1.74B
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $5.13B $4.72B $4.51B $4.51B $4.41B
Retained Earnings $53.16B $52.48B $52.24B $52.24B $52.37B
Less: Treasury Stock $41.94B $42.08B $42.13B $42.13B $41.74B
Gains/Losses Not Affecting Retained Earnings -$83.00M -$84.00M -$85.00M -$85.00M -$149.00M
Other Current Liabilities – – $707.00M $707.00M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $2.70B $1.52B $7.15B $2.25B $2.19B
Net cash flow from continuing operations $2.70B $1.52B $7.15B $2.25B $2.19B
Net Income from Continuing Operations $1.98B $1.55B $5.00B $1.16B $1.36B
Gain/Loss from Continuing Operations -$8.00M -$5.00M $2.00M – –
Depreciation & Depletion & Amortization $568.00M $562.00M $2.00B $557.00M $517.00M
Deferred Tax -$62.00M -$4.00M -$19.00M $115.00M $3.00M
Other Non-Cash Items $52.00M -$63.00M $22.00M $55.00M $26.00M
Change in Working Capital $46.00M -$624.00M -$271.00M $281.00M $187.00M
-Change in Receivables -$275.00M -$282.00M -$244.00M $99.00M -$128.00M
-Change in Inventory $90.00M $109.00M -$277.00M $25.00M -$17.00M
-Change in Prepaid Assets $2.00M -$9.00M $10.00M $8.00M $18.00M
-Change in Payables and Accrued Expense $229.00M -$442.00M $240.00M $149.00M $314.00M
Net cash flow from investing -$1.70B -$47.00M -$1.44B -$676.00M -$681.00M
Net Cash Flow from Continuing Investing Activities -$1.70B -$47.00M -$1.44B -$676.00M -$681.00M
Capital Expenditure -$514.00M -$676.00M -$4.55B -$925.00M -$1.20B
Net Investment Purchase and Sale -$1.77B $108.00M $2.78B $230.00M $455.00M
Net Other Investing Changes $583.00M $521.00M $327.00M $19.00M $61.00M
Financing Cash Flow -$890.00M -$1.15B -$5.69B -$1.66B -$1.24B
Net Cash Flow from Continuing Financing Activities -$890.00M -$1.15B -$5.69B -$1.66B -$1.24B
Net Issuance Payments Of Debt $0.00 $0.00 $449.00M $0.00 $0.00
Net Common Stock Issuance $418.00M $151.00M -$1.08B -$361.00M $6.00M
Cash Dividends Paid -$1.30B -$1.29B -$5.00B -$1.29B -$1.24B
Net Other Financing Charges -$13.00M -$9.00M -$62.00M -$13.00M -$12.00M
Ending Cash Balance $3.66B $3.55B $3.23B $3.23B $3.31B
Net Change in Cash $111.00M $324.00M $25.00M -$86.00M $267.00M
Beginning Cash Balance $3.55B $3.23B $3.20B $3.31B $3.04B
Free Cash Flow $2.19B $844.00M $2.60B $1.33B $993.00M
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