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Nasdaq · Technology

Texas Instruments Inc. (TXN)

As-reported financials and SEC filings for Texas Instruments Inc. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Texas Instruments Inc.

Texas Instruments designs and manufactures semiconductors, selling them to electronics designers and manufacturers worldwide. Its main products include analog semiconductors, which condition and amplify real-world signals and manage power, and embedded processing products, which serve as the digital control units in electronic equipment. The company serves various markets such as industrial automation, automotive, data centers, personal electronics, and communications equipment.

Snapshot

Revenue
$17.68B
Revenue growth (YoY)
13.0%
Net income
$5.00B
Diluted EPS
$5.45
Gross margin
57.0%
Operating margin
34.1%
Net margin
28.3%
FCF margin
14.7%
ROE
30.7%
net income / fiscal-year-end equity
P/E
36.9×
trailing when available, otherwise FY EPS
Market cap
$272.26B
Long-term debt / equity
0.83×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Texas Instruments

  • Revenue grew 13.0% to $17.7B in FY2025, after a 10.7% decline the year before.
  • Operating margin is 34.1% in FY2025, -14.8 pp against 48.8% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $6.1B, up 27.7% from Q3 FY2025.
  • Free cash flow was $2.6B in FY2025, 14.7% of revenue.
  • Net income rose 4.2% to $5.0B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Texas Instruments’s fundamentals sit among the 89 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin57.0%
78th percentile of 79
Operating margin34.1%
94th percentile of 80
Net margin28.3%
90th percentile of 81
FCF margin14.7%
65th percentile of 79
Revenue growth (YoY)+13.0%
52nd percentile of 88
ROE30.7%
93rd percentile of 76
P/E36.9×
49th percentile of 44
Long-term debt / equity0.83×
84th percentile of 46
Short interest4.21d
59th percentile of 89

Texas Instruments’s operating margin of 34.1% ranks in the 94th percentile of the 80 semiconductor companies reporting it. Texas Instruments’s return on equity of 30.7% ranks in the 93rd percentile of the 76 semiconductor companies reporting it. Texas Instruments’s net margin of 28.3% ranks in the 90th percentile of the 81 semiconductor companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $1.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
7
+7 quant / multi-strat
Initiated / added
10
4 new, 6 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$3.04B
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$612.7M2.1MAdded
Renaissance TechnologiesquantQ2 2026$417.9M1.4MAdded
AQR Capital ManagementquantQ2 2026$412.4M1.4MAdded
Point72 Asset ManagementquantQ2 2026$410.5M1.4MNew
Two Sigma InvestmentsquantQ2 2026$408.9M1.4MAdded
D. E. ShawquantQ2 2026$307.6M1.0MReduced
Markel GroupQ2 2026$215.8M724.0KHeld
Millennium ManagementquantQ2 2026$188.3M631.7KAdded
Gotham Asset ManagementQ2 2026$37.1M124.4KAdded
First Eagle Investment ManagementQ2 2026$15.6M52.5KReduced
Harris Associates (Oakmark)Q2 2026$13.8M46.3KReduced
Soros Fund ManagementQ2 2026$2.0M6.6KNew
Maverick CapitalQ2 2026$1.2M3.9KNew
Bridgewater AssociatesQ2 2026$555,9011.9KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
2
$1.9M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
filed 2026-08-31
Tsedeniya AbrahamSr. Vice PresidentSell6.4K$264.60$1.7M
2026-08-27
filed 2026-08-31
Tsedeniya AbrahamSr. Vice PresidentSell592$264.96$157K
2026-05-28
filed 2026-05-29
Martin S. CraigheadDirectorSell9.6K$320.41$3.1M
2026-05-28
filed 2026-05-29
Martin S. CraigheadDirectorSell357$321.01$115K
2026-05-14
filed 2026-05-15
Rafael R. LizardiSr. Vice President & CFOSell32.1K$307.85$9.9M
2026-05-14
filed 2026-05-15
Rafael R. LizardiSr. Vice President & CFOSell14.2K$308.54$4.4M
2026-05-14
filed 2026-05-15
Ahmad BahaiSr. Vice PresidentSell5.0K$309.13$1.5M
2026-05-14
filed 2026-05-15
Rafael R. LizardiSr. Vice President & CFOSell1.5K$309.45$451K
2026-05-13
filed 2026-05-14
Carrie Smith CoxDirectorSell8.4K$306.37$2.6M
2026-05-13
filed 2026-05-14
Carrie Smith CoxDirectorSell445$307.04$137K
2026-05-11
filed 2026-05-12
Shanon J. LeonardSr. Vice PresidentSell5.0K$295.22$1.5M
2026-05-04
filed 2026-05-05
Haviv IlanChairman, President & CEOSell20.0K$280.32$5.6M

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
20.2M
settled 2026-10-15
Change vs prior
-1.1%
vs previous settlement
Days to cover
4.21
at avg daily volume
Avg daily volume
4.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-10-1520.2M-1.1%4.21
2026-09-3020.4M+3.5%3.15
2026-09-1519.8M-7.8%3.87
2026-08-3121.4M+8.8%3.77
2026-08-1419.7M+17.4%3.34
2026-07-3116.8M+6.4%1.86
2026-07-1515.8M-6.6%2.27
2026-06-3016.9M-19.5%1.34

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$17.68B$15.64B$17.52B$20.03B$18.34B
Gross profit
Operating income$6.02B$5.46B$7.33B$10.14B$8.96B
Pre-tax income$5.71B$5.45B$7.42B$10.03B$8.92B
Net income$5.00B$4.80B$6.51B$8.75B$7.77B
Diluted EPS$5.45$5.20$7.07$9.41$8.26

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$7.15B$6.32B$6.42B$8.72B$8.76B
Capital expenditure$4.55B$4.82B$5.07B$2.80B$2.46B
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$6.05B27.7%$2.42B$2.62
Q2 FY2026$5.46B22.8%$1.98B$2.14
Q1 FY2026$4.83B18.6%$1.54B$1.68
Q4 FY202510.4%
Q3 FY2025$4.74B14.2%$1.36B$1.48
Q2 FY2025$4.45B16.4%$1.29B$1.41
Q1 FY2025$4.07B11.1%$1.18B$1.28
Q4 FY2024-1.7%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ3 FY2026 (ended September 30, 2026)
Oldest indexed filing2017
SEC CIK97476

Selected SEC filings

10-K2026-02-06
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-10-23
View on EDGAR →
10-Q2026-07-24
View on EDGAR →
10-Q2026-04-24
View on EDGAR →
10-Q2025-10-23
View on EDGAR →
8-K2026-10-21
View on EDGAR →
8-K2026-09-17
View on EDGAR →

Largest semiconductor peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.