TXN · Texas Instruments Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.83B | - | $4.74B | $4.45B | $4.07B | - | $4.15B | $3.82B | $3.66B | - |
| Cost of Revenue | $2.03B | - | $2.02B | $1.87B | $1.76B | - | $1.68B | $1.62B | $1.57B | - |
| Gross Profit | $2.80B | - | $2.72B | $2.58B | $2.31B | - | $2.47B | $2.21B | $2.10B | - |
| R&D | $510.00M | - | $518.00M | $527.00M | $517.00M | - | $492.00M | $498.00M | $478.00M | - |
| SG&A | $464.00M | - | $457.00M | $485.00M | $472.00M | - | $428.00M | $465.00M | $455.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $541.00M | - | - | - | $424.00M | - | - | - | $346.00M | - |
| Operating Income | $1.81B | - | $1.66B | $1.56B | $1.32B | - | $1.55B | $1.25B | $1.29B | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $169.00M | - | $220.00M | $183.00M | $97.00M | - | $192.00M | $120.00M | $188.00M | - |
| Net Income | $1.54B | - | $1.36B | $1.29B | $1.18B | - | $1.36B | $1.13B | $1.10B | - |
| EPS - Basic | $1.69 | - | $1.49 | $1.42 | $1.29 | - | $1.48 | $1.23 | $1.21 | - |
| EPS - Diluted | $1.68 | - | $1.48 | $1.41 | $1.28 | - | $1.47 | $1.22 | $1.20 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.55B | $3.23B | $3.31B | $3.04B | $2.76B | $3.20B | $2.59B | $2.74B | $2.48B | $2.96B |
| Accounts Receivable | $2.25B | $1.96B | $2.06B | $1.93B | $1.86B | $1.72B | $1.86B | $1.71B | $1.67B | $1.79B |
| Inventory | $4.70B | $4.80B | $4.83B | $4.81B | $4.69B | $4.53B | $4.30B | $4.11B | $4.08B | $4.00B |
| Accounts Payable | $638.00M | $756.00M | $779.00M | $881.00M | $866.00M | $820.00M | $794.00M | $858.00M | $551.00M | $802.00M |
| Current Assets | $13.80B | $13.75B | $13.88B | $14.48B | $13.09B | $15.03B | $15.87B | $16.79B | $17.45B | $15.12B |
| Total Assets | $34.39B | $34.59B | $35.00B | $34.93B | $33.76B | $35.51B | $35.32B | $35.05B | $34.88B | $32.35B |
| Current Liabilities | $3.10B | $3.16B | $3.12B | $2.49B | $2.49B | $3.64B | $3.69B | $3.64B | $3.55B | $3.32B |
| Long-term Debt | $12.90B | $13.55B | $13.55B | $14.04B | $12.85B | $12.85B | $12.84B | $12.84B | $12.84B | $10.62B |
| Total Liabilities | $17.61B | $18.31B | $18.38B | $18.53B | $17.35B | $18.61B | $18.05B | $17.83B | $17.90B | $15.45B |
| Stockholders' Equity | $16.78B | $16.27B | $16.63B | $16.40B | $16.41B | $16.90B | $17.27B | $17.21B | $16.98B | $16.90B |
| Retained Earnings | $52.48B | $52.24B | $52.37B | $52.25B | $52.20B | $52.26B | $52.30B | $52.13B | $52.20B | $52.28B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.52B | - | - | - | $849.00M | - | - | - | $1.02B | - |
| Investing Cash Flow | ($47.00M) | - | - | - | $1.25B | - | - | - | ($3.33B) | - |
| Financing Cash Flow | ($1.15B) | - | - | - | ($2.54B) | - | - | - | $1.83B | - |
| CapEx | $676.00M | - | - | - | $1.12B | - | - | - | $1.25B | - |
| Free Cash Flow | $844.00M | - | - | - | ($274.00M) | - | - | - | ($231.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 58.0% | - | 57.4% | 57.9% | 56.8% | - | 59.6% | 57.8% | 57.2% | - |
| Operating margin | 37.5% | - | 35.1% | 35.1% | 32.5% | - | 37.4% | 32.7% | 35.1% | - |
| EBITDA margin | 48.7% | - | - | - | 43.0% | - | - | - | 44.6% | - |
| Net margin | 32.0% | - | 28.8% | 29.1% | 29.0% | - | 32.8% | 29.5% | 30.2% | - |
| Free cash flow margin | 17.5% | - | - | - | -6.7% | - | - | - | -6.3% | - |
| FCF / Net income | 0.55 | - | - | - | -0.23 | - | - | - | -0.21 | - |
| R&D / Revenue | 10.6% | - | 10.9% | 11.8% | 12.7% | - | 11.9% | 13.0% | 13.1% | - |
| SG&A / Revenue | 9.6% | - | 9.6% | 10.9% | 11.6% | - | 10.3% | 12.2% | 12.4% | - |
| Effective tax rate | 9.9% | - | 13.9% | 12.4% | 7.6% | - | 12.4% | 9.6% | 14.5% | - |
| Return on assets | 4.5% | - | 3.9% | 3.7% | 3.5% | - | 3.9% | 3.2% | 3.2% | - |
| Return on equity | 9.2% | - | 8.2% | 7.9% | 7.2% | - | 7.9% | 6.5% | 6.5% | - |
| Return on invested capital | 5.5% | - | 4.7% | 4.5% | 4.2% | - | 4.5% | 3.8% | 3.7% | - |
| Liquidity | ||||||||||
| Current ratio | 4.46 | 4.35 | 4.45 | 5.81 | 5.26 | 4.12 | 4.31 | 4.62 | 4.91 | 4.55 |
| Quick ratio | 2.94 | 2.83 | 2.90 | 3.88 | 3.37 | 2.88 | 3.14 | 3.49 | 3.76 | 3.35 |
| Cash ratio | 1.15 | 1.02 | 1.06 | 1.22 | 1.11 | 0.88 | 0.70 | 0.75 | 0.70 | 0.89 |
| Leverage | ||||||||||
| Debt / Equity | 0.77 | 0.83 | 0.81 | 0.86 | 0.78 | 0.76 | 0.74 | 0.75 | 0.76 | 0.63 |
| Debt / Assets | 0.38 | 0.39 | 0.39 | 0.40 | 0.38 | 0.36 | 0.36 | 0.37 | 0.37 | 0.33 |
| Debt / EBITDA | 5.49 | - | - | - | 7.35 | - | - | - | 7.87 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.05 | 2.13 | 2.11 | 2.13 | 2.06 | 2.10 | 2.05 | 2.04 | 2.05 | 1.91 |
| Liabilities / Assets | 0.51 | 0.53 | 0.52 | 0.53 | 0.51 | 0.52 | 0.51 | 0.51 | 0.51 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | - | 0.14 | 0.13 | 0.12 | - | 0.12 | 0.11 | 0.10 | - |
| Inventory turnover | 0.43 | - | 0.42 | 0.39 | 0.37 | - | 0.39 | 0.39 | 0.38 | - |
| Days sales outstanding | 170d | - | 159d | 159d | 167d | - | 164d | 163d | 167d | - |
| Days inventory outstanding | 846d | - | 873d | 938d | 974d | - | 935d | 925d | 952d | - |
| Days payable outstanding | 115d | - | 141d | 172d | 180d | - | 173d | 193d | 128d | - |
| Cash conversion cycle | 901d | - | 891d | 925d | 961d | - | 926d | 895d | 990d | - |
| Valuation | ||||||||||
| P / E | 115.6x | - | 124.1x | 147.2x | 140.4x | - | 140.5x | 159.5x | 145.2x | - |
| P / B | 10.6x | - | 10.1x | 11.5x | 10.0x | - | 11.0x | 10.4x | 9.4x | - |
| P / S | 36.8x | - | 35.4x | 42.6x | 40.5x | - | 45.8x | 46.8x | 43.6x | - |
| EV / EBITDA | 79.5x | - | - | - | 99.9x | - | - | - | 104.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 18.6% | - | 14.2% | 16.4% | 11.1% | - | -8.4% | -15.6% | -16.4% | - |
| Revenue CAGR (3y) | 3.3% | - | -3.3% | -5.1% | -6.0% | - | -3.7% | -5.9% | -5.1% | - |
| Revenue CAGR (5y) | 2.4% | - | 4.4% | 6.5% | 4.1% | - | 1.9% | 0.8% | 0.4% | - |
| Gross profit growth (YoY) | 21.0% | - | 10.1% | 16.5% | 10.4% | - | -12.1% | -24.0% | -26.8% | - |
| Operating income growth (YoY) | 36.6% | - | 7.0% | 25.2% | 3.0% | - | -17.9% | -36.7% | -33.5% | - |
| Net income growth (YoY) | 31.0% | - | 0.1% | 14.9% | 6.7% | - | -20.3% | -34.6% | -35.3% | - |
| EPS growth (YoY) | 31.2% | - | 0.7% | 15.6% | 6.7% | - | -20.5% | -34.8% | -35.1% | - |
| EPS CAGR (3y) | -3.2% | - | -15.7% | -16.8% | -18.3% | - | -10.8% | -15.9% | -13.7% | - |
| EPS CAGR (5y) | -2.1% | - | 0.4% | -1.0% | 0.6% | - | -0.3% | -2.1% | -1.0% | - |
| FCF growth (YoY) | - | - | - | - | -18.6% | - | - | - | - | - |
| FCF CAGR (5y) | -11.4% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.3% | -3.7% | -3.7% | -4.7% | -3.4% | 0.0% | 3.8% | 8.0% | 11.4% | 15.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$17.68B totalAnalog$14.01B · 79.2%
Embedded Processing$2.70B · 15.3%
All Other Segments$979.00M · 5.5%
Geographic
$17.68B totalUS$6.76B · 38.2%
CN$3.78B · 21.4%
EMEA$3.75B · 21.2%
Rest Of Asia$1.89B · 10.7%
JP$1.17B · 6.6%
Rest Of World$331.00M · 1.9%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing TEXAS INSTRUMENTS INC against the 5 most active filers in the same SIC group.
Dividends
$5.62/share trailing 12 months · +4.5% YoY
| Ex-date | Per share |
|---|---|
| May 5, 2026 | $1.4200 |
| Jan 30, 2026 | $1.4200 |
| Oct 31, 2025 | $1.4200 |
| Jul 31, 2025 | $1.3600 |
| Apr 30, 2025 | $1.3600 |
| Jan 31, 2025 | $1.3600 |
| Oct 31, 2024 | $1.3600 |
| Jul 31, 2024 | $1.3000 |
| May 7, 2024 | $1.3000 |
| Jan 30, 2024 | $1.3000 |
| Oct 30, 2023 | $1.3000 |
| Jul 28, 2023 | $1.2400 |
| May 5, 2023 | $1.2400 |
| Jan 30, 2023 | $1.2400 |
| Oct 28, 2022 | $1.2400 |
| Jul 29, 2022 | $1.1500 |
| May 6, 2022 | $1.1500 |
| Jan 28, 2022 | $1.1500 |
| Oct 29, 2021 | $1.1500 |
| Jul 23, 2021 | $1.0200 |
| Apr 30, 2021 | $1.0200 |
| Jan 29, 2021 | $1.0200 |
| Oct 29, 2020 | $1.0200 |
| Jul 30, 2020 | $0.9000 |