Texas Instruments Incorporated logo

Texas Instruments Incorporated

TXN

NASDAQTechnologySemiconductors

Previous close

$264.36

−$1.24 · -0.47%

Aug 21, 4:00 PM ET

TXN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

72

Undervalued

Momentum

55

Neutral

Sentiment

71

Bullish

Risk resilience

58

Elevated Risk

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Company profile

Company website

Texas Instruments Incorporated (TI) specializes in the global design, production, and sale of semiconductors to electronics engineers and manufacturers. Its operations are structured into two core segments: Analog and Embedded Processing. The Analog division provides a comprehensive suite of power management products, such as battery-management solutions, various DC/DC and AC/DC switching regulators and controllers, power switches, linear regulators, voltage supervisors, references, and lighting components, all critical for managing diverse power needs. This segment also delivers signal chain products designed to sense, condition, and measure electrical signals, facilitating information transfer or conversion for further processing and control, encompassing items like amplifiers, data converters, interface devices, motor drives, clocks, and sensing technologies. The Embedded Processing segment develops microcontrollers, integral to a wide array of electronic equipment; digital signal processors (DSPs) for complex mathematical computations; and applications processors tailored for specific computing tasks. Products from this segment are utilized across numerous markets, including industrial applications, the automotive sector, personal electronics, communication systems, enterprise solutions, and calculators. Beyond these, TI also produces DLP® products, primarily used in projectors to generate high-definition images; a range of calculators; and custom application-specific integrated circuits (ASICs). The company distributes its semiconductor offerings through a direct sales force, its network of authorized distributors, and its official website. Established in 1930, Texas Instruments is headquartered in Dallas, Texas.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Haviv Ilan
Listed since
Jun 1, 1972
Employees
33,000

Market position

Day range

Current $264.36

52-week range

Current $264.36

Open
$269.78
Previous close
$265.6
Volume
5.46M
0.64× average
Average volume
8.48M
Average daily volume
Market cap
241.43B USD
Beta
1.33
Market reference 1
50-day average
$290.16
-8.89% below average
200-day average
$234.47
+12.75% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
169.87B USD
P/E (TTM)
39.99×
P/B (TTM)
13.39×
P/S (TTM)
12.41×
EV / EBITDA
20.59×
Earnings yield
3.17%
Free cash flow yield
1.65%
Dividend yield
2.15%

Profitability & efficiency

Gross margin
58.33%
Operating margin
37.29%
Net margin
31.11%
Return on equity
30.73%
Return on assets
14.46%
Return on invested capital
16.46%

Financial health

Debt / equity
0.78×
Current ratio
4.35×
Altman Z-score
11.83
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%57%40%24%Gross margin, FY2021: 67.47%Gross margin, FY2022: 68.76%Gross margin, FY2023: 62.90%Gross margin, FY2024: 58.14%Gross margin, FY2025: 57.02%Operating margin, FY2021: 48.84%Operating margin, FY2022: 50.63%Operating margin, FY2023: 41.85%Operating margin, FY2024: 34.94%Operating margin, FY2025: 34.06%Net margin, FY2021: 42.35%Net margin, FY2022: 43.68%Net margin, FY2023: 37.16%Net margin, FY2024: 30.68%Net margin, FY2025: 28.28%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 67.47%. Gross margin FY2022 68.76%. Gross margin FY2023 62.90%. Gross margin FY2024 58.14%. Gross margin FY2025 57.02%. Operating margin FY2021 48.84%. Operating margin FY2022 50.63%. Operating margin FY2023 41.85%. Operating margin FY2024 34.94%. Operating margin FY2025 34.06%. Net margin FY2021 42.35%. Net margin FY2022 43.68%. Net margin FY2023 37.16%. Net margin FY2024 30.68%. Net margin FY2025 28.28%.

Income trends

Revenue

17.68B USD+13.05%

Operating income

6.02B USD+10.21%

Net income

5B USD+4.21%
Income trends across reported periods21.55B USD15.46B USD9.37B USD3.28B USDRevenue, FY2021: 18.34B USDRevenue, FY2022: 20.03B USDRevenue, FY2023: 17.52B USDRevenue, FY2024: 15.64B USDRevenue, FY2025: 17.68B USDOperating income, FY2021: 8.96B USDOperating income, FY2022: 10.14B USDOperating income, FY2023: 7.33B USDOperating income, FY2024: 5.47B USDOperating income, FY2025: 6.02B USDNet income, FY2021: 7.77B USDNet income, FY2022: 8.75B USDNet income, FY2023: 6.51B USDNet income, FY2024: 4.8B USDNet income, FY2025: 5B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.34B USD. Revenue FY2022 20.03B USD. Revenue FY2023 17.52B USD. Revenue FY2024 15.64B USD. Revenue FY2025 17.68B USD. Operating income FY2021 8.96B USD. Operating income FY2022 10.14B USD. Operating income FY2023 7.33B USD. Operating income FY2024 5.47B USD. Operating income FY2025 6.02B USD. Net income FY2021 7.77B USD. Net income FY2022 8.75B USD. Net income FY2023 6.51B USD. Net income FY2024 4.8B USD. Net income FY2025 5B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue17.68B USD15.64B USD17.52B USD20.03B USD18.34B USD
Cost of goods sold7.6B USD6.55B USD6.5B USD6.26B USD5.97B USD
Gross profit10.08B USD9.09B USD11.02B USD13.77B USD12.38B USD
Research and development2.08B USD1.96B USD1.86B USD1.67B USD1.55B USD
Selling, general, and administrative1.86B USD1.79B USD1.83B USD1.7B USD1.67B USD
Operating expenses4.06B USD3.63B USD3.69B USD3.63B USD3.42B USD
Interest expense543M USD508M USD353M USD214M USD184M USD
Depreciation and amortization2B USD1.58B USD1.24B USD979M USD954M USD
Operating income6.02B USD5.47B USD7.33B USD10.14B USD8.96B USD
Net income5B USD4.8B USD6.51B USD8.75B USD7.77B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+8.12%
11 comparable reports
Latest EPS result
2.14
Estimate 1.91 · Beat by 12.04%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.532.011.480.96Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 23, 2025: actual 1.3, estimate 1.2, surprise +8.33%, Beat. Q2 2025, reported Apr 23, 2025: actual 1.28, estimate 1.07, surprise +19.63%, Beat. Q3 2025, reported Jul 22, 2025: actual 1.41, estimate 1.36, surprise +3.68%, Beat. Q4 2025, reported Oct 21, 2025: actual 1.48, estimate 1.49, surprise -0.67%, Miss. Q1 2026, reported Jan 27, 2026: actual 1.27, estimate 1.29, surprise -1.55%, Miss. Q2 2026, reported Apr 22, 2026: actual 1.68, estimate 1.36, surprise +23.53%, Beat. Q3 2026, reported Jul 22, 2026: actual 2.14, estimate 1.91, surprise +12.04%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 2.42, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.15B5.32B4.48B3.65BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 23, 2025: actual 4.01B USD, estimate 3.88B USD, surprise +3.16%, Beat. Q2 2025, reported Apr 23, 2025: actual 4.07B USD, estimate 3.91B USD, surprise +4.12%, Beat. Q3 2025, reported Jul 22, 2025: actual 4.45B USD, estimate 4.36B USD, surprise +1.91%, Beat. Q4 2025, reported Oct 21, 2025: actual 4.74B USD, estimate 4.65B USD, surprise +2.08%, Beat. Q1 2026, reported Jan 27, 2026: actual 4.42B USD, estimate 4.44B USD, surprise -0.32%, Miss. Q2 2026, reported Apr 22, 2026: actual 4.83B USD, estimate 4.53B USD, surprise +6.60%, Beat. Q3 2026, reported Jul 22, 2026: actual 5.46B USD, estimate 5.26B USD, surprise +3.90%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 5.92B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$5.50

2025 complete year+30.6% since 2021

2026 partial: $4.26

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 31, 2026

$1.42

Quarterly

Record Jul 31, 2026 · Payment Aug 11, 2026

Dividend

Ex-dividend May 5, 2026

$1.42

Quarterly

Record May 5, 2026 · Payment May 19, 2026

Dividend

Ex-dividend Jan 30, 2026

$1.42

Quarterly

Record Jan 30, 2026 · Payment Feb 10, 2026

Dividend

Ex-dividend Oct 31, 2025

$1.42

Quarterly

Record Oct 31, 2025 · Payment Nov 12, 2025

Dividend

Ex-dividend Jul 31, 2025

$1.36

Quarterly

Record Jul 31, 2025 · Payment Aug 12, 2025

Dividend

Ex-dividend Apr 30, 2025

$1.36

Quarterly

Record Apr 30, 2025 · Payment May 13, 2025

TXN peers

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