Texas Instruments Incorporated (TXN) income statement
NASDAQ · Technology · Semiconductors · 33,000 employees · CEO Haviv Ilan
- Price
- $300.84 -3.40%
- Market cap
- $275B
- Enterprise value
- $284B
- Last report
- Q3 '26 filed 2026-10-23
- Next report
- 2027-01-26 EPS est. $2.62
Texas Instruments Incorporated (TXN) reported revenue of $6.06B for Q3 '26 (+27.7% year on year), operating income of $2.87B (47.5% of revenue) and net income of $2.43B. Over the last four quarters revenue was $20.8B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.08B | $3.66B | $3.82B | $4.15B | $4.01B | $4.07B | $4.45B | $4.74B | $4.42B | $4.83B | $5.46B | $6.06B | |
| Cost of revenue | $1.65B | $1.57B | $1.61B | $1.68B | $1.69B | $1.76B | $1.87B | $2.02B | $1.95B | $2.03B | $2.11B | $2.17B | |
| Gross profit | $2.43B | $2.1B | $2.21B | $2.47B | $2.31B | $2.31B | $2.58B | $2.72B | $2.47B | $2.8B | $3.35B | $3.89B | |
| Research & development | $460M | $478M | $498M | $492M | $491M | $517M | $527M | $518M | $521M | $510M | $535M | $530M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $476M | |
| Other operating expenses | $0 | -$124M | $0 | $0 | $0 | $0 | $0 | $85M | $32M | $17M | $17M | $7M | |
| Operating expenses | $898M | $809M | $963M | $920M | $937M | $989M | $1.01B | $1.06B | $999M | $991M | $1.04B | $1.01B | |
| Operating income | $1.53B | $1.29B | $1.25B | $1.55B | $1.38B | $1.32B | $1.56B | $1.66B | $1.47B | $1.81B | $2.31B | $2.87B | |
| Interest expense | $98M | $116M | $131M | $131M | $130M | $128M | $133M | $141M | $141M | $141M | $141M | $141M | |
| Other non-operating income (gains on investments, FX ...) | -$113M | -$123M | -$130M | -$131M | -$112M | -$80M | -$48M | -$62M | -$40M | -$47M | -$69M | -$72M | |
| Total non-operating income | $15M | $7M | -$1M | $0 | -$18M | -$48M | -$85M | -$79M | -$101M | -$94M | -$72M | -$69M | |
| Income before tax | $1.55B | $1.29B | $1.25B | $1.55B | $1.36B | $1.28B | $1.48B | $1.58B | $1.37B | $1.71B | $2.24B | $2.81B | |
| Income tax | $177M | $188M | $120M | $192M | $154M | $97M | $183M | $220M | $209M | $169M | $258M | $380M | |
| Net income | $1.37B | $1.11B | $1.13B | $1.36B | $1.21B | $1.18B | $1.3B | $1.36B | $1.16B | $1.55B | $1.98B | $2.43B | |
| EPS (basic) | $1.50 | $1.21 | $1.23 | $1.49 | $1.32 | $1.29 | $1.42 | $1.50 | $1.27 | $1.70 | $2.14 | $2.62 | |
| EPS (diluted) | $1.49 | $1.20 | $1.22 | $1.47 | $1.30 | $1.28 | $1.41 | $1.48 | $1.27 | $1.69 | $2.14 | $2.62 | |
| Shares (basic, weighted) | 908M | 910M | 912M | 913M | 912M | 910M | 908M | 909M | 909M | 909M | 912M | 914M | |
| Shares (diluted, weighted) | 915M | 917M | 919M | 920M | 919M | 916M | 912M | 914M | 913M | 914M | 920M | 921M | |
| Depreciation & amortization | $337M | $362M | $381M | $402M | $435M | $444M | $481M | $517M | $557M | $562M | $568M | $576M | |
| EBITDA | $1.98B | $1.77B | $1.76B | $2.09B | $1.92B | $1.85B | $2.09B | $2.24B | $2.07B | $2.42B | $2.95B | $3.52B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.4B | $15B | $15.8B | $14.4B | $14.5B | $18.3B | $20B | $17.5B | $15.6B | $17.7B | |
| Cost of revenue | $5.13B | $5.35B | $5.51B | $5.22B | $5.19B | $5.97B | $6.26B | $6.5B | $6.55B | $7.6B | |
| Gross profit | $8.24B | $9.61B | $10.3B | $9.16B | $9.27B | $12.4B | $13.8B | $11B | $9.09B | $10.1B | |
| Research & development | $1.36B | $1.51B | $1.56B | $1.54B | $1.53B | $1.55B | $1.67B | $1.86B | $1.96B | $2.08B | |
| Other operating expenses | $39M | -$60M | $0 | $0 | $222M | $196M | $257M | $0 | -$124M | $117M | |
| Operating expenses | $3.14B | $3.2B | $3.24B | $3.19B | $3.38B | $3.42B | $3.63B | $3.69B | $3.63B | $4.06B | |
| Operating income | $4.86B | $6.08B | $6.71B | $5.72B | $5.89B | $8.96B | $10.1B | $7.33B | $5.47B | $6.02B | |
| Interest income | $8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $80M | $78M | $125M | $170M | $190M | $184M | $214M | $353M | $508M | $543M | |
| Other non-operating income (gains on investments, FX ...) | -$155M | -$75M | -$98M | -$175M | -$313M | -$143M | -$106M | -$440M | -$496M | -$230M | |
| Total non-operating income | $75M | -$3M | -$27M | $5M | $123M | -$41M | -$108M | $87M | -$12M | -$313M | |
| Income before tax | $4.93B | $6.08B | $6.69B | $5.73B | $6.02B | $8.92B | $10B | $7.42B | $5.45B | $5.71B | |
| Income tax | $1.34B | $2.4B | $1.11B | $711M | $422M | $1.15B | $1.28B | $908M | $654M | $709M | |
| Net income | $3.6B | $3.68B | $5.58B | $5.02B | $5.6B | $7.77B | $8.75B | $6.51B | $4.8B | $5B | |
| EPS (basic) | $3.54 | $3.68 | $5.71 | $5.33 | $6.05 | $8.38 | $9.51 | $7.13 | $5.24 | $5.45 | |
| EPS (diluted) | $3.48 | $3.61 | $5.59 | $5.24 | $5.97 | $8.27 | $9.41 | $7.07 | $5.20 | $5.45 | |
| Shares (basic, weighted) | 996M | 991M | 970M | 936M | 921M | 923M | 916M | 908M | 912M | 909M | |
| Shares (diluted, weighted) | 1.02B | 1.01B | 990M | 952M | 933M | 936M | 926M | 916M | 919M | 913M | |
| Depreciation & amortization | $955M | $904M | $954M | $1.05B | $992M | $954M | $979M | $1.24B | $1.58B | $2B | |
| EBITDA | $5.97B | $7.06B | $7.77B | $6.95B | $7.2B | $10.1B | $11.2B | $9.01B | $7.54B | $8.25B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01