Texas Instruments TXN
Public, NASDAQ, reports in USD. Founded 1930.
Theme: Semiconductors.
Semiconductors.
2025-08-01 — Mature
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 17.7bn USD | 13.0 % | 57.0 % | 11.8 % | 6.1bn USD | 34.7 % | 5.0bn USD | 5.45 | 47.8 | |
| 2024 | 15.6bn USD | -10.7 % | 58.1 % | 12.5 % | 5.3bn USD | 34.2 % | 4.8bn USD | 5.20 | 23.5 | |
| 2023 | 17.5bn USD | -12.5 % | 62.9 % | 10.6 % | 7.3bn USD | 41.8 % | 6.5bn USD | 7.07 | 29.3 | |
| 2022 | 20.0bn USD | – | 68.8 % | 8.3 % | 10.4bn USD | 51.9 % | 8.7bn USD | 9.41 | – | |
| 2026-Q2 | 5.5bn USD | 22.8 % | 61.4 % | 9.8 % | 2.3bn USD | 42.6 % | 2.0bn USD | 2.14 | 65.4 | |
| 2026-Q1 | 4.8bn USD | – | 58.0 % | 10.6 % | 1.8bn USD | 37.8 % | 1.5bn USD | 1.68 | – | |
| 2025-Q4 | 4.4bn USD | – | 55.9 % | 11.8 % | 1.5bn USD | 34.0 % | 1.2bn USD | 1.27 | – | |
| 2025-Q3 | 4.7bn USD | – | 57.4 % | 10.9 % | 1.7bn USD | 36.9 % | 1.4bn USD | 1.48 | – | |
| 2025-Q2 | 4.4bn USD | – | 57.9 % | 11.8 % | 1.6bn USD | 35.1 % | 1.3bn USD | 1.41 | – |
Sources
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 5.5bn USD | 4.4bn USD | +1.0bn (+23 %) |
| Op. margin | 42.6 % | 35.1 % | +7.5 pts |
| FCF | 2.2bn USD | 555m USD | +1.6bn (+294 %) |
| Op. income | 2.3bn USD | ||
| Net income | 2.0bn USD | ||
| EPS (diluted) | 2.14 | 51.8 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 7.2bn USD | 4.5bn USD | 2.6bn USD | 14.7 % | 143.6 % | 5.4bn USD | 2.6bn USD | 3.1bn USD | 25m USD |
| 2024 | 6.3bn USD | 4.8bn USD | 1.5bn USD | 9.6 % | 131.7 % | 4.7bn USD | 1.7bn USD | 3.9bn USD | 236m USD |
| 2023 | 6.4bn USD | 5.1bn USD | 1.3bn USD | 7.7 % | 98.6 % | 6.4bn USD | 1.5bn USD | 3.8bn USD | -86m USD |
| 2022 | 8.7bn USD | 2.8bn USD | 5.9bn USD | 29.6 % | 99.7 % | 9.1bn USD | 6.4bn USD | 6.9bn USD | -1.6bn USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 263.07 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 240.2bn USD | 2026-09-15 | |
| 52w high | 334.03 USD | 2026-09-15 | |
| 52w low | 152.73 USD | 2026-09-15 | |
| Off 52w high % | -21.2 % | ||
| P/S | 13.6 | ||
| Lifetime CAGR | 3.0 % |
Notes
- 2025-08-01 opinion Mature