Filing Flows

Filing Flows › Technology › Texas Instruments (TXN)

Texas Instruments (TXN) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 23, 2026 · Texas Instruments (TXN) Q3 2026 earnings results →

Q3 2026 Revenue up 28% year over year to $6.1B · 40¢ of every $1 of revenue kept as net profit · operating margin 47.5%

Texas Instruments made $6.1B in Q3 2026 (+28% Y/Y): Analog $4.9B, Embedded Processing $858M, Other $286M. Operating margin 47.5%, net earnings $2.4B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 23, 2026.

Revenue$6.1B
Year over year+28%
Operating margin47.5%
Net earnings$2.4B
Operating cash flow$3.4B

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

Texas Instruments Q3 2026 revenue breakdown: Sankey diagram of revenue (Analog, Embedded Processing, Other), costs, profit and cash flow
Texas Instruments Q3 2026 revenue breakdown — free to use with credit and a link (terms). Share on X
Embed this chart on your site

Free to use with the credit line. Click a box to select the code.

What changed this quarter

Revenue was $6.1B in Q3 2026, up 28% year over year and up 11% from the previous quarter. Analog was the largest line at 81% of revenue. Analog added $1.2B year over year (up 32%), 90% of the total change. Other declined 6%.

Gross margin was 64.2%, up 6.8 points from Q3 2025. Operating profit was $2.9B, a 47.5% margin (up 12.4 points year over year). Of the extra revenue versus Q3 2025, 92% reached operating profit, above the 35% margin then. Operating expenses fell 4% while revenue rose 28%. Net earnings were $2.4B, up 78% year over year. The effective tax rate was 13.5%.

Operating cash flow was $3.4B (up 56% year over year), 141% of net earnings. Non-cash charges added back $0.58B of depreciation and amortization and $0.10B of share-based compensation. Working capital and other items added $0.32B. Capital expenditures of $0.46B left free cash flow of $3.0B.

Quarterly history

Texas Instruments revenue by quarterTexas Instruments revenue by quarter$4.1BQ1 2025$4.4BQ2 2025$4.7BQ3 2025$4.4BQ4 2025$4.8BQ1 2026$5.5BQ2 2026$6.1BQ3 2026
Texas Instruments net earnings by quarterTexas Instruments net earnings by quarter$1.2BQ1 2025$1.3BQ2 2025$1.4BQ3 2025$1.2BQ4 2025$1.5BQ1 2026$2.0BQ2 2026$2.4BQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QOct 23, 2026$6.1B+28%47.5%$2.4B$3.4B
Q2 202610-QJul 24, 2026$5.5B+23%42.3%$2.0B$2.7B
Q1 202610-QApr 24, 2026$4.8B+19%37.5%$1.5B$1.5B
Q4 202510-KFeb 6, 2026$4.4B+10%33.3%$1.2B$2.3B
Q3 202510-QOct 23, 2025$4.7B+14%35.1%$1.4B$2.2B
Q2 202510-QJul 29, 2025$4.4B+16%35.1%$1.3B$1.9B
Q1 202510-QApr 24, 2025$4.1B+11%32.5%$1.2B$849M

Charts

Texas Instruments: revenue growth, year over year and quarter over quarterTexas Instruments: revenue growth, year over year and quarter over quarterY/YQ/Q+11%Q1 2025+16%+9%Q2 2025+14%+7%Q3 2025+10%-7%Q4 2025+19%+9%Q1 2026+23%+13%Q2 2026+28%+11%Q3 2026
Latest (Q3 2026): Y/Y +28%, Q/Q +11%.
Texas Instruments: where the cash came from (+) and went (−), TTM to Q3 2026Texas Instruments: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$9.9BDividends−$5.2BCapital spending−$2.6BCash drawn (+) / kept (−)−$900MOther investing−$871MShares issued$812MBuybacks−$636MNet borrowing (+) / repaid (−)−$500MOther financing−$86.0MAsset & business sales$37.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Texas Instruments: profit against cash, quarter by quarterTexas Instruments: profit against cash, quarter by quarterNet incomeOperating cash flow$1.2B$2.0BQ4 2024$1.2B$849MQ1 2025$1.3B$1.9BQ2 2025$1.4B$2.2BQ3 2025$1.2B$2.3BQ4 2025$1.5B$1.5BQ1 2026$2.0B$2.7BQ2 2026$2.4B$3.4BQ3 2026
Latest (Q3 2026): Net income $2.4B, Operating cash flow $3.4B.
Texas Instruments: diluted shares by fiscal yearTexas Instruments: diluted shares by fiscal year933MFY2020936MFY2021926MFY2022916MFY2023919MFY2024913MFY2025
-2.1% since FY2020: buybacks shrank the count.
Texas Instruments in its industry: growth against margin (80 companies, SIC 3674)Texas Instruments in its industry: growth against margin (80 companies, SIC 3674)revenue growth, year over year →↑ operating marginmedian +36%median 11%NVDAMUAVGOINTCAMDAMATADINXPIMRVLAMKRONMCHPQARMFSLRMPWRNXTSWKSQorvo, Inc.UCTTALABPENGCRUSDIODCRDOVIAVMTSIOSISSMTCKLICARRYICHRSEDGSITMSYNAENPHLSCCIPGPFORMALGMAAOITESLABRMBSMXLPLABSHLSCBRSAOSLSkyWater Technology, LLCWOLFPOWINLSTAMBALASRAXTIINDIMXAMBQFTCIAIPTYGOLPTHMRAMNVTSKOPNBZAIGUERLEDSGSITNVECSODIQUIKPRSOGCTSMOBXALMUASTIIPWRTXN (+28%, 48%)
Semiconductors & Related Devices; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

Customers and suppliers named in filings

Sells to

About Texas Instruments

We design and manufacture semiconductors that we sell to electronics designers and manufacturers all over the world. Our operations began in 1930, and we are incorporated in Delaware. With headquarters in Dallas, Texas, we have design, manufacturing or sales operations in more than 30 countries. Our two reportable segments are Analog and Embedded Processing, and we report the results of our remaining business activities in Other. In 2025, we generated $17.68 billion of revenue. For decades, we have operated with a passion to create a better world by making electronics more affordable through semiconductors. We were pioneers in the transition from vacuum tubes to transistors and then to integrated circuits. As each generation has become more reliable, more affordable and lower in power, semiconductors are used by a growing number of customers and markets.

In its own words, from its 10-K, filed Feb 6, 2026.

Texas Instruments against its Semiconductors & Related Devices peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +28% against the peers' median +40%. Operating margin: 47.5% against the peers' median 40.1%.

CompanyQuarterRevenueY/YOp. margin
TXN Texas InstrumentsQ3 2026$6.1B+28%47.5%
NVDA NVIDIAQ2 FY27$96.2B+106%66.2%
MU Micron TechnologyQ4 FY26$54.2B+379%80.7%
AVGO BroadcomQ3 FY26$29.6B+86%53.9%
INTC IntelQ3 2026$16.5B+21%15.3%
AMD Advanced Micro DevicesQ3 2026$13.4B+45%21.2%
AMAT Applied MaterialsQ3 FY26$9.1B+25%33.7%
ADI Analog DevicesQ3 FY26$4.0B+40%40.1%
NXPI NXP Semiconductors N.V.Q3 2026$3.8B+19%32.4%

Source: Texas Instruments 10-Q on SEC EDGAR · CIK 97476 · Semiconductors & Related Devices

Guidance and outlook

Texas Instruments Revenue: guidance against what was reportedTexas Instruments Revenue: guidance against what was reportedguided rangereported (above / within / below)Q1 2025$4.1BQ2 2025$4.4BQ3 2025$4.7BQ4 2025$4.4BQ1 2026$4.8BQ2 2026$5.5BQ3 2026$6.1BQ4 2026
Met or beat 7 of 7 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Texas Instruments Tax rate: guidance against what was reportedTexas Instruments Tax rate: guidance against what was reportedguided rangereported (above / within / below)Q2 2024Q3 2024Q4 2024FY202412.0%Q2 202512.4%FY202512.4%
Met or beat 2 of 3 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Texas Instruments: what its forward-looking statements are about (10-Q filed 2026-10-23)Texas Instruments: what its forward-looking statements are about (10-Q filed 2026-10-23)Demand3Capital spending3Other2Supply chain2People1Costs1Financing1
13 statements; tone +0.46 (−1 all cautious, +1 all confident); 0 hedged.
Texas Instruments: outlook statements against the filing beforeTexas Instruments: outlook statements against the filing beforeConfident6

13F: who owns TXN and who is buying

Largest holders of TXN (13F)Largest holders of TXN (13F)BlackRock$24.6BVanguard Capital Management LLC$17.7BVanguard Group$16.7BState Street$13.3BInvesco$11.3BVanguard Portfolio Management LLC$8.8BGeode Capital Management, LLC$7.1BCharles Schwab Investment Managem…$6.3BBank of New York Mellon$4.5BWellington Management Group LLP$3.9B
Funds' net buying of TXN by quarter (13F)Funds' net buying of TXN by quarter (13F)−$1.9B2024-09−$2.6B2024-12−$1.4B2025-03$2.4B2025-06−$2.4B2025-09$4.5B2025-12−$1.4B2026-03$794M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on TXN

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

Compare TXN with

中文版：德州仪器（TXN）财报

Español · Français