TXN
Texas Instruments Incorporated
NASDAQ: TXN · TECHNOLOGY · SEMICONDUCTORS
$281.08
+4.41% today
Updated 2026-04-29
Market cap
$252.22B
P/E ratio
47.38
P/S ratio
13.68x
EPS (TTM)
$5.85
Dividend yield
1.97%
52W range
$151 – $288
Volume
7.1M
Texas Instruments Incorporated (TXN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.26B | $13.84B | $12.50B | $10.43B | $13.97B | $13.73B | $12.82B | $12.21B | $13.04B | $13.00B | $13.37B | $14.96B | $15.78B | $14.38B | $14.46B | $18.34B | $20.03B | $17.52B | $15.64B | $17.68B |
| Revenue growth (YoY) | — | -2.9% | -9.6% | -16.6% | +33.9% | -1.7% | -6.6% | -4.8% | +6.9% | -0.3% | +2.8% | +11.9% | +5.5% | -8.9% | +0.5% | +26.9% | +9.2% | -12.5% | -10.7% | +13.0% |
| Cost of revenue | $7.00B | $6.50B | $6.26B | $5.43B | $6.47B | $6.96B | $6.46B | $5.84B | $5.62B | $5.44B | $5.13B | $5.35B | $5.51B | $5.22B | $5.19B | $5.97B | $6.26B | $6.50B | $6.55B | $7.60B |
| Gross profit | $7.26B | $7.33B | $6.25B | $5.00B | $7.49B | $6.77B | $6.37B | $6.36B | $7.43B | $7.56B | $8.24B | $9.61B | $10.28B | $9.16B | $9.27B | $12.38B | $13.77B | $11.02B | $9.09B | $10.08B |
| Gross margin | 50.9% | 53.0% | 50.0% | 47.9% | 53.6% | 49.3% | 49.7% | 52.1% | 56.9% | 58.2% | 61.6% | 64.3% | 65.1% | 63.7% | 64.1% | 67.5% | 68.8% | 62.9% | 58.1% | 57.0% |
| R&D | $2.19B | $2.15B | $1.94B | $1.48B | $1.57B | $1.72B | $1.88B | $1.52B | $1.36B | $1.27B | $1.36B | $1.51B | $1.56B | $1.54B | $1.53B | $1.55B | $1.67B | $1.86B | $1.96B | $2.08B |
| SG&A | $1.70B | $1.68B | $1.61B | $1.32B | $1.52B | $1.64B | $1.80B | $1.86B | $1.84B | $1.75B | $1.77B | $1.69B | $1.68B | $1.65B | $1.62B | $1.67B | $1.70B | $1.82B | $1.79B | $1.86B |
| Operating income | $3.37B | $3.50B | $2.73B | $2.21B | $4.51B | $3.48B | $1.97B | $2.83B | $3.95B | $4.27B | $4.86B | $6.08B | $6.71B | $5.72B | $5.89B | $8.96B | $10.14B | $7.33B | $5.46B | $6.02B |
| Operating margin | 23.6% | 25.3% | 21.9% | 21.2% | 32.3% | 25.3% | 15.4% | 23.2% | 30.3% | 32.9% | 36.3% | 40.7% | 42.5% | 39.8% | 40.8% | 48.8% | 50.6% | 41.8% | 34.9% | 34.1% |
| EBITDA | $4.59B | $4.57B | $3.75B | $3.13B | $5.46B | $4.01B | $3.32B | $4.15B | $5.20B | $5.44B | $5.96B | $7.06B | $7.76B | $6.95B | $7.20B | $10.06B | $11.22B | $8.49B | $7.54B | $8.25B |
| EBITDA margin | 32.2% | 33.0% | 30.0% | 30.0% | 39.1% | 29.2% | 25.9% | 34.0% | 39.8% | 41.8% | 44.6% | 47.2% | 49.2% | 48.3% | 49.8% | 54.8% | 56.0% | 48.5% | 48.2% | 46.7% |
| EBIT | $3.37B | $3.50B | $2.69B | $2.20B | $4.55B | $3.00B | $1.92B | $2.85B | $3.97B | $4.31B | $5.01B | $6.16B | $6.81B | $5.90B | $6.21B | $9.10B | $10.25B | $7.33B | $5.96B | $6.25B |
| Interest expense | $7.00M | $1.00M | $76.00M | $24.00M | $13.00M | $42.00M | $85.00M | $95.00M | $94.00M | $90.00M | $80.00M | $78.00M | $125.00M | $170.00M | $190.00M | $184.00M | $214.00M | $353.00M | $508.00M | $543.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.34B | $2.66B | $1.92B | $1.47B | $3.23B | $2.20B | $1.76B | $2.13B | $2.82B | $2.99B | $3.60B | $3.68B | $5.58B | $5.02B | $5.59B | $7.77B | $8.75B | $6.51B | $4.80B | $5.00B |
| Net income growth (YoY) | — | -38.8% | -27.7% | -23.4% | +119.6% | -31.8% | -20.1% | +20.8% | +32.8% | +5.8% | +20.4% | +2.4% | +51.5% | -10.1% | +11.5% | +38.9% | +12.6% | -25.6% | -26.3% | +4.2% |
| Profit margin | 30.5% | 19.2% | 15.4% | 14.1% | 23.1% | 16.0% | 13.7% | 17.4% | 21.6% | 23.0% | 26.9% | 24.6% | 35.4% | 34.9% | 38.7% | 42.4% | 43.7% | 37.2% | 30.7% | 28.3% |