Texas Instruments reported results for the quarter ended 2026 with revenue of $5.46B, net income of $1.97B and diluted EPS of $2.14, versus $4.45B, $1.29B and $1.41, respectively, in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$5.46B$4.45B22.8% | Net income²$1.97B$1.29B52.9% | Diluted EPS³$2.14$1.4151.8% |
¹ Reported as “Revenue”. ² Reported as “A portion of net income is allocated to unvested restricted stock units (RSUs) on which we pay dividend equivalents. Diluted EPS is calculated using the following”. ³ Reported as “Diluted earnings per common share (EPS)”.
Business Highlights
- Revenue growth of 23% year over year was broad-based, driven by strength in industrial, data center and automotive end markets.
- Analog products (Power & Signal Chain) led the gains; Embedded Processing also grew while other product areas were slightly down.
- Continued investment and ramp-up of 300mm fabs, including LFAB, aiming to lower costs and increase internal sourcing and capacity.
- Inventory strategy included built-ahead inventory for broad-based products, reducing days of inventory to 196 to support lead times.
- Management emphasized a cash-flow-focused approach guiding capex, R&D and disciplined capital allocation.
Original SEC Filing:
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