Filing Flows › Texas Instruments (TXN) › Q2 2026 › vs Q1 2026
Texas Instruments (TXN) Q2 2026 vs Q1 2026 (quarter over quarter)
Texas Instruments's revenue rose $638M (+13%) from $4.8B in Q1 2026 to $5.5B in Q2 2026. The biggest changes: Analog +$441M (+11%); Other +$132M (+74%); Embedded Processing +$65.0M (+9%). Gross margin 61.4% against 58.0% (+3.3 pts).
Texas Instruments, Q2 2026: revenue $5.5B (+23% year over year), operating margin 42.3%, net earnings $2.0B, operating cash flow $2.7B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 61.4% | 58.0% | +3.3 pts |
| Operating margin | 42.3% | 37.5% | +4.8 pts |
| Net margin | 36.2% | 32.0% | +4.2 pts |
| Free cash flow margin | 40.1% | 17.5% | +22.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Analog | $4.4B | $3.9B | $441M | +11% |
| Embedded Processing | $788M | $723M | $65.0M | +9% |
| Other | $310M | $178M | $132M | +74% |
| Revenue | $5.5B | $4.8B | $638M | +13% |
| Gross profit | $3.4B | $2.8B | $553M | +20% |
| Cost of revenue | $2.1B | $2.0B | $85.0M | +4% |
| Operating profit | $2.3B | $1.8B | $502M | +28% |
| Operating expenses | $1.0B | $991M | $51.0M | +5% |
| Pre-tax earnings | $2.2B | $1.7B | $524M | +31% |
| Other expense, net | $72.0M | $94.0M | −$22.0M | -23% |
| Research & development | $535M | $510M | $25.0M | +5% |
| SG&A | $490M | $464M | $26.0M | +6% |
| Other operating costs | $17.0M | $17.0M | $0 | 0% |
| Net earnings | $2.0B | $1.5B | $435M | +28% |
| Income tax | $258M | $169M | $89.0M | +53% |
| Depreciation | $547M | $541M | $6.0M | +1% |
| Share-based compensation | $127M | $109M | $18.0M | +17% |
| Working capital & other | $49.0M | −$675M | $724M | — |
| Operating cash flow | $2.7B | $1.5B | $1.2B | +78% |
| Free cash flow (OCF − capex) | $2.2B | $844M | $1.3B | +159% |
| Capital expenditures | $514M | $676M | −$162M | -24% |
Questions
How much did Texas Instruments's revenue grow quarter over quarter in Q2 2026?
Texas Instruments's revenue rose $638M (+13%) from $4.8B in Q1 2026 to $5.5B in Q2 2026.
What drove Texas Instruments's revenue change in Q2 2026?
Analog +$441M (+11%); Other +$132M (+74%); Embedded Processing +$65.0M (+9%).