TXN
$276.48-0.95%
as of close, Oct 16, 2026
☾ AH $276.48 -0.95%
Texas Instruments IncorporatedStock · TechnologyNasdaq-100 1.2%Nasdaq Composite 0.6%S&P 500 0.4%Russell 1000 0.4%US Stock Market 0.4%Russell 3000 0.4%MSCI World 0.3%MSCI ACWI 0.2%S&P 500 Equal Weight 0.2%
TXN financial statements
The full income statement, balance sheet, and cash-flow statement for Texas Instruments Incorporated (TXN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 913.0M2024-09 912.2M2024-12 910.3M2025-03 908.5M2025-06 909.1M2025-09 908.6M2025-12 907.6M2026-03 910.1M2026-06 913.2M+0.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 17.7B+13.0% | 15.6B-10.7% | 17.5B-12.5% | 20.0B+9.2% | 18.3B+26.9% | |
| 10.1B+10.9% | 9.09B-17.5% | 11.0B-20.0% | 13.8B+11.3% | 12.4B+33.5% | ||
| Cost of revenue | 7.60B+16.1% | 6.55B+0.7% | 6.50B+3.9% | 6.26B+4.8% | 5.97B+14.9% | |
| Research & development | 2.08B+6.3% | 1.96B+5.2% | 1.86B+11.6% | 1.67B+7.5% | 1.55B+1.6% | |
| Selling, general & administrative | 1.86B+3.7% | 1.79B-1.7% | 1.82B+7.1% | 1.70B+2.3% | 1.67B+2.6% | |
| Restructuring | — | — | — | — | 54.0M+125.0% | |
| Amortization of intangibles | — | — | 0.00 | 0.00-100.0% | 142M-28.3% | |
| Operating income | 6.02B+10.2% | 5.46B-25.5% | 7.33B-27.7% | 10.1B+13.2% | 8.96B+52.0% | |
| Interest expense | 543M+6.9% | 508M+43.9% | 353M+65.0% | 214M+16.3% | 184M-3.2% | |
| Other non-operating income | 230M-53.6% | 496M+12.7% | 440M+315.1% | 106M-25.9% | 143M-54.3% | |
| Pre-tax income | 5.71B+4.7% | 5.45B-26.5% | 7.42B-26.1% | 10.0B+12.5% | 8.92B+48.2% | |
| Income tax | 709M+8.4% | 654M-28.0% | 908M-29.2% | 1.28B+11.6% | 1.15B+172.5% | |
| 5.00B+4.2% | 4.80B-26.3% | 6.51B-25.6% | 8.75B+12.6% | 7.77B+38.9% | ||
| Net income to common | 4.97B+4.1% | 4.78B-26.3% | 6.48B-25.6% | 8.71B+12.6% | 7.74B+38.9% | |
| $5.45+4.8% | $5.20-26.4% | $7.07-24.9% | $9.41+13.9% | $8.26+38.4% | ||
| EPS (basic) | $5.47+4.4% | $5.24-26.5% | $7.13-25.0% | $9.51+13.5% | $8.38+38.5% | |
| Weighted-avg shares (basic) | 909M-0.3% | 912M+0.4% | 908M-0.9% | 916M-0.8% | 923M+0.2% | |
| Weighted-avg shares (diluted) | 913M-0.7% | 919M+0.3% | 916M-1.1% | 926M-1.1% | 936M+0.3% | |
| Dividends per share | $5.50+4.6% | $5.26+4.8% | $5.02+7.0% | $4.69+11.4% | $4.21+13.2% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 13.8B-8.5% | 15.0B-0.6% | 15.1B+7.9% | 14.0B+2.5% | 13.7B+33.7% | ||
| Cash & equivalents | 3.23B+0.8% | 3.20B+8.0% | 2.96B-2.8% | 3.05B-34.1% | 4.63B+49.1% | |
| Short-term investments | 1.66B-62.2% | 4.38B-21.9% | 5.61B-6.7% | 6.02B+17.8% | 5.11B+47.6% | |
| Accounts receivable | 1.96B+14.2% | 1.72B-3.8% | 1.79B-5.7% | 1.90B+11.4% | 1.70B+20.3% | |
| Inventory | 4.80B+6.1% | 4.53B+13.2% | 4.00B+45.0% | 2.76B+44.3% | 1.91B-2.3% | |
| Prepaid expenses | 2.10B+75.2% | 1.20B+57.7% | 761M+152.0% | 302M-9.9% | 335M+10.9% | |
| 34.6B-2.6% | 35.5B+9.8% | 32.3B+18.9% | 27.2B+10.3% | 24.7B+27.5% | ||
| Property, plant & equipment | 12.3B+8.6% | 11.3B+13.5% | 10.00B+45.4% | 6.88B+33.7% | 5.14B+57.3% | |
| Operating lease right-of-use | 729M-7.3% | 786M+35.8% | 579M+34.3% | 431M-7.3% | 465M+45.8% | |
| Goodwill | 4.33B-0.7% | 4.36B+0.0% | 4.36B+0.0% | 4.36B+0.0% | 4.36B+0.0% | |
| Intangible assets | 238M | — | — | — | — | |
| Long-term investments | 16.0M-30.4% | 23.0M-32.4% | 34.0M+0.0% | 34.0M-45.2% | 62.0M+26.5% | |
| Deferred tax assets | 967M+3.3% | 936M+23.6% | 757M+60.0% | 473M+79.8% | 263M-23.3% | |
| Other non-current assets | 2.66B-20.7% | 3.35B+95.6% | 1.71B+50.8% | 1.14B+51.7% | 748M-2.9% | |
| 3.16B-13.3% | 3.64B+9.7% | 3.32B+11.2% | 2.98B+16.2% | 2.57B+7.5% | ||
| Accounts payable | 756M-7.8% | 820M+2.2% | 802M-5.8% | 851M+49.0% | 571M+37.6% | |
| Short-term & current debt | 500M-33.3% | 750M+25.2% | 599M+19.8% | 500M+0.0% | 500M-9.1% | |
| Current lease liability | 119M+0.8% | 118M+34.1% | 88.0M+17.3% | 75.0M-8.5% | 82.0M+13.9% | |
| Other current liabilities | 1.01B-6.3% | 1.07B+18.0% | 911M+41.0% | 646M+7.3% | 602M+14.9% | |
| 18.3B-1.6% | 18.6B+20.4% | 15.5B+22.3% | 12.6B+11.3% | 11.3B+11.6% | ||
| Long-term debt | 13.5B+5.5% | 12.8B+20.9% | 10.6B+29.0% | 8.23B+13.7% | 7.24B+15.9% | |
| Non-current lease liability | 612M-7.7% | 663M+38.7% | 478M+39.0% | 344M-10.2% | 383M+53.8% | |
| Operating lease liability (total) | 731M-6.4% | 781M+38.0% | 566M+35.1% | 419M-9.9% | 465M+44.9% | |
| Deferred tax liabilities | 66.0M+24.5% | 53.0M-15.9% | 63.0M-4.5% | 66.0M-24.1% | 87.0M-3.3% | |
| Other non-current liabilities | 1.42B-27.6% | 1.95B+46.3% | 1.34B+9.0% | 1.23B-10.3% | 1.37B+4.8% | |
| 16.3B-3.7% | 16.9B+0.0% | 16.9B+15.9% | 14.6B+9.3% | 13.3B+45.1% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.74B+0.0% | 1.74B+0.0% | 1.74B+0.0% | 1.74B+0.0% | 1.74B+0.0% | |
| Additional paid-in capital | 4.51B+14.6% | 3.94B+17.0% | 3.36B+13.9% | 2.95B+12.2% | 2.63B+12.7% | |
| Retained earnings | 52.2B-0.0% | 52.3B-0.0% | 52.3B+3.8% | 50.4B+9.7% | 45.9B+9.2% | |
| Treasury stock | 42.1B+3.0% | 40.9B+1.5% | 40.3B+0.2% | 40.2B+9.3% | 36.8B+0.6% | |
| Accumulated other comprehensive income | -85.0M+39.3% | -140M+31.7% | -205M+19.3% | -254M-61.8% | -157M+56.4% | |
| Total liabilities & equity | 34.6B-2.6% | 35.5B+9.8% | 32.3B+18.9% | 27.2B+10.3% | 24.7B+27.5% | |
| Common shares issued | 1.74B+0.0% | 1.74B+0.0% | 1.74B+0.0% | 1.74B+0.0% | 1.74B+0.0% | |
| Shares outstanding (cover) | 908M-0.3% | 910M+0.1% | 909M+0.3% | 906M-1.9% | 924M+0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 7.15B+13.2% | 6.32B-1.6% | 6.42B-26.4% | 8.72B-0.4% | 8.76B+42.6% | ||
| Depreciation & amortization | 1.92B+27.2% | 1.51B+28.3% | 1.18B+27.0% | 925M+3.1% | 897M-3.7% | |
| Intangible amortization | — | — | 0.00 | 0.00-100.0% | 142M-28.3% | |
| Share-based compensation | 419M+8.3% | 387M+6.9% | 362M+25.3% | 289M+25.7% | 230M+2.7% | |
| Deferred income taxes | -19.0M+91.0% | -210M+29.8% | -299M-56.5% | -191M-1373.3% | 15.0M+110.9% | |
| Change in receivables | 244M+458.8% | -68.0M+37.0% | -108M-155.7% | 194M-32.4% | 287M-15.6% | |
| Change in inventory | 277M-47.5% | 528M-57.5% | 1.24B+46.6% | 847M+1982.2% | -45.0M+2.2% | |
| -1.44B+55.1% | -3.20B+26.6% | -4.36B-21.7% | -3.58B+12.5% | -4.09B-344.1% | ||
| Capital expenditure | 4.55B-5.6% | 4.82B-4.9% | 5.07B+81.3% | 2.80B+13.6% | 2.46B+279.4% | |
| Free cash flow | 2.60B+73.8% | 1.50B+11.0% | 1.35B-77.2% | 5.92B-5.9% | 6.29B+14.6% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 9.00M-81.3% | 48.0M+300.0% | -24.0M+35.1% | -37.0M-159.7% | 62.0M+72.2% | |
| -5.69B-97.5% | -2.88B-34.3% | -2.14B+68.1% | -6.72B-114.2% | -3.14B+31.0% | ||
| Long-term debt issued | 1.20B-59.8% | 2.98B-0.7% | 3.00B+100.8% | 1.49B-0.1% | 1.50B-0.2% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.48B+59.0% | 929M+217.1% | 293M-91.9% | 3.62B+586.0% | 527M-79.4% | |
| Dividends paid | 5.00B+4.3% | 4.79B+5.2% | 4.56B+6.1% | 4.30B+10.6% | 3.89B+13.4% | |
| Other financing activities | -62.0M-17.0% | -53.0M+7.0% | -57.0M-39.0% | -41.0M+10.9% | -46.0M-27.8% | |
| Net change in cash | 25.0M-89.4% | 236M+374.4% | -86.0M+94.6% | -1.58B-203.7% | 1.52B+127.5% | |
| Interest paid | 542M+14.6% | 473M+47.4% | 321M+62.1% | 198M+9.4% | 181M-0.5% | |
| Income taxes paid | 296M-34.4% | 451M-66.6% | 1.35B-8.8% | 1.48B+23.3% | 1.20B+66.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 157B-7.8% | 171B+10.3% | 155B+3.2% | 150B-13.9% | 174B+15.2% | |
| P/E | 31.5×-11.5% | 35.6×+63.2% | 21.8×+29.8% | 16.8×-25.0% | 22.4×-17.0% | |
| P/S | 8.9×-18.4% | 10.9×+27.7% | 8.5×+15.1% | 7.4×-21.7% | 9.5×-9.2% | |
| P/B | 9.7×-4.2% | 10.1×+8.5% | 9.3×-9.9% | 10.3×-20.8% | 13.1×-20.6% | |
| P/FCF | 60.5×-46.9% | 113.9×+21.3% | 93.9×+271.1% | 25.3×-8.5% | 27.7×+0.5% | |
| Earnings yield | 3.2%+13.0% | 2.8%-38.7% | 4.6%-22.9% | 6.0%+33.4% | 4.5%+20.5% | |
| FCF yield | 1.7%+88.4% | 0.88%-17.6% | 1.1%-73.1% | 4.0%+9.2% | 3.6%-0.5% | |
| Dividend yield | 3.2%+13.0% | 2.8%-4.7% | 2.9%+3.7% | 2.8%+27.1% | 2.2%-1.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TXN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TXN filings on SEC EDGAR → Not investment advice.