TXN · 10-Q · 2026Q3 · Full report
Supply Chain and Inventory
TEXAS INSTRUMENTS INC · 2026-10-23 · Importance 49 · Surprise 32 · Matches filing data
TI builds ahead of demand for broad-based products used across diverse applications and customers when the products have low obsolescence risk, aiming to maintain customer service and dependable, competitive lead times. Inventory levels vary with market conditions and seasonality, and the company adjusts factory loadings to implement this strategy. At September 30, 2026, inventory was $4.67 billion, down $132 million from year-end 2025; days of inventory fell to 194 from 222, which TI attributed to continued execution of its inventory strategy. The filing does not identify specific supply constraints or lead-time changes.
Key facts
- TI's inventory was $4.67 billion, down $132 million from the end of 2025; Q3 2026 days of inventory were 194 versus 222 at the end of 2025. source
- TI builds ahead of demand inventory for broad-based products used across diverse applications and customers that have low obsolescence risk. source
- TI adjusts factory loadings as needed to execute its inventory strategy. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | realized | -0.4% | TI's inventory was $4.67 billion, down $132 million from the end of 2025; Q3 2026 days of inventory were 194 versus 222 at the end of 2025. |