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Nasdaq · Technology

TEXAS INSTRUMENTS INC (TXN)

As-reported financials and recent SEC filings for TEXAS INSTRUMENTS INC, latest fiscal period FY2025. 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%
P/E (TTM)
42.5×
Market cap
$255.17B
Debt / equity
0.8×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (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 Q2 FY2026: revenue $5.5B, up 22.8% from Q2 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 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin57.0%
79th percentile of 78
Operating margin34.1%
95th percentile of 79
Net margin28.3%
91st percentile of 80
FCF margin14.7%
66th percentile of 78
Revenue growth (YoY)+13.0%
54th percentile of 88
ROE30.7%
95th percentile of 74
P/E (TTM)42.5×
39th percentile of 45
Debt / equity0.83×
89th percentile of 45
Short interest2.27d
38th percentile of 88

Texas Instruments’s operating margin of 34.1% ranks in the 95th percentile of the 79 semiconductor companies reporting it. Texas Instruments’s return on equity of 30.7% ranks in the 95th percentile of the 74 semiconductor companies reporting it. Texas Instruments’s net margin of 28.3% ranks in the 91st percentile of the 80 semiconductor companies reporting it.

No open-market insider buys in the last 90 days; 18 insider sales totaling $57.5M. For context, about 16% of companies in the universe saw any open-market insider buying 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 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$2.07B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ1 2026$833.3M4.3MReduced
First Eagle Investment ManagementQ1 2026$713.3M3.7MAdded
Renaissance TechnologiesquantQ1 2026$165.3M851.3KReduced
Markel GroupQ1 2026$140.6M724.0KHeld
Citadel AdvisorsquantQ1 2026$71.3M367.5KReduced
AQR Capital ManagementquantQ1 2026$53.9M282.0KAdded
Millennium ManagementquantQ1 2026$37.0M190.7KAdded
Two Sigma InvestmentsquantQ1 2026$25.1M129.1KReduced
Gotham Asset ManagementQ1 2026$20.4M105.0KAdded
Harris Associates (Oakmark)Q1 2026$9.2M47.5KReduced

No longer held by: Soros Fund Management (as of Q1 2026)

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
open-market
Bought (90d)
open-market value
Sells (90d)
18
$57.5M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-28
filed 2026-05-29
Craighead Martin SDirectorSell9.6K$320.41$3.1M
2026-05-28
filed 2026-05-29
Craighead Martin SDirectorSell357$321.01$115K
2026-05-14
filed 2026-05-15
Lizardi Rafael RSr. Vice President & CFOSell32.1K$307.85$9.9M
2026-05-14
filed 2026-05-15
Lizardi Rafael RSr. Vice President & CFOSell14.2K$308.54$4.4M
2026-05-14
filed 2026-05-15
BAHAI AHMADSr. Vice PresidentSell5.0K$309.13$1.5M
2026-05-14
filed 2026-05-15
Lizardi Rafael RSr. Vice President & CFOSell1.5K$309.45$451K
2026-05-13
filed 2026-05-14
COX CARRIE SMITHDirectorSell8.4K$306.37$2.6M
2026-05-13
filed 2026-05-14
COX CARRIE SMITHDirectorSell445$307.04$137K
2026-05-11
filed 2026-05-12
Leonard Shanon JSr. Vice PresidentSell5.0K$295.22$1.5M
2026-05-04
filed 2026-05-05
Ilan HavivChairman, President & CEOSell20.0K$280.32$5.6M
2026-05-01
filed 2026-05-04
Knecht Julie C.VP & Chief Accounting OfficerSell9.9K$278.69$2.7M
2026-05-01
filed 2026-05-04
Knecht Julie C.VP & Chief Accounting OfficerSell91$280.08$25K

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
15.8M
settled 2026-07-15
Change vs prior
-6.6%
vs previous settlement
Days to cover
2.27
at avg daily volume
Avg daily volume
6.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1515.8M-6.6%2.27
2026-06-3016.9M-19.5%1.34
2026-06-1521.0M+10.5%2.49
2026-05-2919.0M+4.2%2.39
2026-05-1518.2M+16.8%2.57
2026-04-3015.6M-10.0%1.51
2026-04-1517.3M-2.5%3.53
2026-03-3117.8M-11.4%2.75

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$10.08B$9.09B$11.02B$13.77B$12.38B
Operating income$6.02B$5.46B$7.33B$10.14B$8.96B
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; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

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; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

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$2.60B$1.50B$1.35B$5.92B$6.29B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$5.46B22.8%$1.98B$2.14
Q1 FY2026$4.83B18.6%$1.54B$1.68
Q4 FY2025$4.42B10.4%$1.16B$1.28
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$4.01B-1.7%$1.21B$1.31
Q3 FY2024$4.15B-8.4%$1.36B$1.47

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2017
SEC CIK97476

Recent SEC filings

10-K2026-02-06
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-07-24
View on EDGAR →
10-Q2026-04-24
View on EDGAR →
10-Q2025-10-23
View on EDGAR →
10-Q2025-07-29
View on EDGAR →
8-K2026-07-22
View on EDGAR →
8-K2026-06-02
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

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