TXN · Earnings call · 2026Q3T · Full report

Operating Expense Trends

TEXAS INSTRUMENTS INC · 2026-10-21 · Importance 43 · Surprise 6

Third-quarter 2026 operating expenses were $1 billion. Trailing-12-month operating expenses were $4 billion, equal to 19% of revenue. Management expected fourth-quarter operating expenses to be flat to slightly higher than the third quarter.

Key facts

• Q3 2026 operating expenses were $1 billion; trailing-12-month operating expenses were $4 billion, or 19% of revenue.
• TI's Q4 2026 operating expenses are expected to be flat to slightly up.