TXN · 10-Q · 2026Q2

TEXAS INSTRUMENTS INC

Filed 2026-07-24 · Technology · View original filing on EDGAR

Ranked Events

• Regulatory Approval MilestonesImportance 96 · Surprise 100
  TI expects the Silicon Labs acquisition to close in the first half of 2027, contingent on receipt of regulatory approvals and other customary closing conditions. The company also reported continued benefits from the…
• Capital Expenditure ProgramImportance 83 · Surprise 82
  First-half 2026 capital expenditures were $1.19 billion, down from $2.43 billion in the year-ago period, and primarily funded semiconductor manufacturing equipment and facilities. TI received $1.10 billion of CHIPS Act…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Texas Instruments agreed on February 4, 2026, to acquire Silicon Labs for $231 per share in cash, representing an enterprise value of approximately $7.5 billion. The transaction is expected to close in the first half…
• Capital Expenditure GuidanceImportance 68 · Surprise 42
  TI expects 2026 capital expenditures of $2 billion to $3 billion under its capital management strategy. Capital expenditures beyond 2026 will depend on revenue and growth expectations. The company’s first-half 2026…
• Liquidity and Cash PositionImportance 64 · Surprise 56
  Total cash, including cash equivalents and short-term investments, was $7.00 billion at the end of the second quarter of 2026, up $2.12 billion from year-end 2025. Cash and cash equivalents were $3.66 billion and…
• Operating Income and MarginsImportance 64 · Surprise 56
  Second-quarter operating profit increased to $2.31 billion from $1.56 billion, while operating margin expanded to 42.3% from 35.1%. First-half operating profit increased to $4.12 billion from $2.89 billion, and…
• Gross Margin DriversImportance 64 · Surprise 56
  Second-quarter gross profit was $3.35 billion, up $777 million or 30% year over year. Gross margin increased to 61.4% from 57.9%, primarily because of higher revenue, partly offset by higher manufacturing costs…
• Market Demand TrendsImportance 59 · Surprise 48
  Second-quarter revenue increased 23% year over year and 13% sequentially, with broad growth led by industrial, data center and automotive markets. Demand increased in both the Analog and Embedded Processing segments,…
• Revenue Performance and MixImportance 59 · Surprise 48
  Second-quarter 2026 revenue was $5.46 billion, up 13% sequentially and 23% year over year, with growth led by industrial, data center and automotive demand. Analog revenue increased to $4.365 billion from $3.452…
• Stock Repurchase ProgramImportance 57 · Surprise 64
  TI used $185 million to repurchase 0.9 million common shares during the first six months of 2026. Repurchases declined from $955 million for 5.4 million shares in the first six months of 2025. The year-over-year…
• Income Tax Rate ChangesImportance 45 · Surprise 38
  Second-quarter income tax provision increased to $258 million from $183 million because of higher pretax income, partly offset by $35 million of higher discrete tax benefits from stock-based compensation. The effective…
• Supply Chain and InventoryImportance 44 · Surprise 24
  TI uses owned manufacturing and selective external foundries and subcontractors to increase control over supply and provide dependable lead times. Its inventory strategy builds ahead of demand for broad-based products…
• Manufacturing and CapacityImportance 40 · Surprise 42
  Texas Instruments owns and operates wafer fabrication and assembly/test facilities across North America, Asia, Japan and Europe, while selectively using foundries and subcontractors. The company is expanding internal…
• Quarterly Dividend DeclarationImportance 36 · Surprise 14
  Dividends paid during the first six months of 2026 were $2.59 billion, up from $2.47 billion in the first six months of 2025. The increase reflected a higher dividend rate. Dividends were the largest disclosed…
• Geographic Market CommentaryImportance 23 · Surprise 24
  Texas Instruments sells semiconductors to electronics designers and manufacturers globally. Its owned manufacturing and assembly/test footprint spans North America, Asia, Japan and Europe, supporting geographically…
• Competition and Market PositionImportance 16 · Surprise 6
  Texas Instruments identifies manufacturing and technology, portfolio breadth, market-channel reach, and product and customer diversity as four combined sustainable competitive advantages. The company says these…
• Products and TechnologyImportance 10 · Surprise 6
  Texas Instruments focuses its portfolio on analog and embedded processing products, including Power, Signal Chain, microcontrollers and processors. Analog products generated the strongest growth, led by Signal Chain,…

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Revenue by Geography (in millions)