Filing Flows › Texas Instruments (TXN) › Q2 2026 › vs Q2 2025
Texas Instruments (TXN) Q2 2026 vs Q2 2025 (year over year)
Texas Instruments's revenue rose $1.0B (+23%) from $4.4B in Q2 2025 to $5.5B in Q2 2026. The biggest changes: Analog +$913M (+26%); Embedded Processing +$109M (+16%); Other −$7.0M (-2%). Gross margin 61.4% against 57.9% (+3.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 61.4% | 57.9% | +3.5 pts |
| Operating margin | 42.3% | 35.1% | +7.1 pts |
| Net margin | 36.2% | 29.1% | +7.1 pts |
| Free cash flow margin | 40.1% | 12.5% | +27.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Analog | $4.4B | $3.5B | $913M | +26% |
| Embedded Processing | $788M | $679M | $109M | +16% |
| Other | $310M | $317M | −$7.0M | -2% |
| Revenue | $5.5B | $4.4B | $1.0B | +23% |
| Gross profit | $3.4B | $2.6B | $777M | +30% |
| Cost of revenue | $2.1B | $1.9B | $238M | +13% |
| Operating profit | $2.3B | $1.6B | $747M | +48% |
| Operating expenses | $1.0B | $1.0B | $30.0M | +3% |
| Pre-tax earnings | $2.2B | $1.5B | $760M | +51% |
| Other expense, net | $72.0M | $85.0M | −$13.0M | -15% |
| Research & development | $535M | $527M | $8.0M | +2% |
| SG&A | $490M | $485M | $5.0M | +1% |
| Net earnings | $2.0B | $1.3B | $685M | +53% |
| Income tax | $258M | $183M | $75.0M | +41% |
| Depreciation | $547M | $460M | $87.0M | +19% |
| Share-based compensation | $127M | $129M | −$2.0M | -2% |
| Working capital & other | $49.0M | −$24.0M | $73.0M | — |
| Operating cash flow | $2.7B | $1.9B | $843M | +45% |
| Free cash flow (OCF − capex) | $2.2B | $555M | $1.6B | +294% |
| Capital expenditures | $514M | $1.3B | −$791M | -61% |
Questions
How much did Texas Instruments's revenue grow year over year in Q2 2026?
Texas Instruments's revenue rose $1.0B (+23%) from $4.4B in Q2 2025 to $5.5B in Q2 2026.
What drove Texas Instruments's revenue change in Q2 2026?
Analog +$913M (+26%); Embedded Processing +$109M (+16%); Other −$7.0M (-2%).