TEXAS INSTRUMENTS INC (TXN) Form 10-Q — Oct 23, 2026
Texas Instruments reported Q3 2026 revenue of $6.06 billion, up 28% year over year and 11% sequentially, with net income of $2.43 billion and diluted EPS of $2.62 versus $1.48 a year ago. Growth was broad across all end markets and regions, led by Analog revenue of $4.91 billion (+32%) and Embedded Processing at $858 million (+21%). Profitability expanded sharply: gross margin rose to 64.2% from 57.4%, operating margin hit 47.5%, and trailing 12-month free cash flow surged 249% to $8.42 billion, helped by $1.48 billion of CHIPS Act cash benefits year to date. TI raised its quarterly dividend 7% to $1.52 per share, its 23rd consecutive annual increase.
Key figures
- Eps
- 2.62
- Revenue
- 6055000000
- Guidance
- Expect between $2 billion to $3 billion of capital expenditures in 2026; Silicon Labs acquisition expected to close in the first half of 2027.
- Net Income
- 2425000000
- Revenue Yoy
- 28%
- Total Assets
- 36839000000
- Cash Position
- 4211000000
- Shares Outstanding
- 913770316
- Buybacks q3
- 183,870 shares
- Gross margin q3
- 64.2% vs 57.4% year-ago
- Analog revenue q3
- 4911000000
- Cash flow ops ttm
- 9896000000
- Dividend increase
- 7%, 23 consecutive years of increases
- Free cash flow ttm
- 8422000000
- Embedded revenue q3
- 858000000
- Operating profit q3
- 2874000000
- Dividend per share new
- 1.52
- Chips act cash benefit ytd
- 1484000000
- Remaining buyback authorization
- 18560000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.