NASDAQ · Semiconductors · Fiscal year endsFY ends December

Texas Instruments Incorporated

TXN

$314.42+12.40 (+4.11%)Today

52-week low $152.73high $334.03

5.9% below its 52-week high

Next earningsJan 25, 2027 · after the close

Revenue by fiscal year, $ billions

+32% over the years shown (2016–2025)

Fiscal years · gold is the latest

13.4

2016

15.0

2017+12%

15.8

2018+6%

14.4

2019-9%

14.5

2020+1%

18.3

2021+27%

20.0

2022+9%

17.5

2023-13%

15.6

2024-11%

17.7

2025+13%

Ten years, as filed

Income, cash flow and balance sheet

$ billions · gold is the latest

$ billions	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Income
Revenue	13.37	14.96	15.78	14.38	14.46	18.34	20.03	17.52	15.64	17.68
Revenue growth	+3%	+12%	+6%	-9%	+1%	+27%	+9%	-13%	-11%	+13%
Gross margin	61.8%	64.3%	65.1%	63.7%	64.1%	67.5%	68.8%	62.9%	58.1%	57.0%
Operating income	4.86^†	6.08	6.71	5.72	5.89	8.96	10.14	7.33	5.47	6.02
Operating margin	36.3%	40.7%	42.5%	39.8%	40.8%	48.8%	50.6%	41.8%	34.9%	34.1%
Net income	3.60	3.68	5.58	5.02	5.60	7.77	8.75	6.51	4.80	5.00
Net margin	26.9%	24.6%	35.4%	34.9%	38.7%	42.4%	43.7%	37.2%	30.7%	28.3%
Cash flow
Operating cash flow	4.61	5.36	7.19	6.65	6.14	8.76	8.72	6.42	6.32	7.15
Capital expenditure	0.53	0.70	1.13	0.85	0.65	2.46	2.80	5.07	4.82	4.55
Free cash flow (calculated)	4.08	4.67	6.06	5.80	5.49	6.29	5.92	1.35	1.50	2.60
Share repurchases	2.13	2.56	5.10	2.96	2.55	0.53	3.62	0.29	0.93	1.48
Balance sheet
Cash and equivalents	1.15	1.66	2.44	2.44	3.11	4.63	3.05	2.96	3.20	3.23
Total assets	16.43	17.64	17.14	18.02	19.35	24.68	27.21	32.35	35.51	34.59
Total equity	10.47	10.34	8.99	8.91	9.19	13.33	14.58	16.90	16.90	16.27

Source: Texas Instruments Incorporated's 10-K and 10-Q filings, from SEC EDGAR · fiscal years end in December.

Free cash flow is calculated by The Dispatch: operating cash flow minus capital expenditure.

† Restated: a later filing changed this figure. The newer number is shown.