Texas Instruments Incorporated (TXN)
The company now
Texas Instruments reported third quarter 2026 revenue of $6.06 billion on 21 October, up 28 percent from a year earlier, with net income of $2.43 billion and earnings per share of $2.62 1.
Gross profit, which is revenue minus the cost of making the chips, was 64.2 percent of revenue against 57.4 percent a year earlier 2. Operating profit was 47.5 percent of revenue against 35.1 percent 2.
Analog chips brought in $4.91 billion, up 32 percent, and embedded processing chips brought in $858 million, up 21 percent 2.
Chief executive Haviv Ilan told analysts that industrial revenue rose more than 40 percent from a year earlier, automotive rose in the mid-teens and data center rose about 95 percent 4.
Data center was about 13 percent of the quarter's revenue, he said 4. The company expects fourth quarter revenue of $5.80 billion to $6.30 billion and earnings per share of $2.45 to $2.79 1.
Ilan tied that above-seasonal outlook to long-term growth in chip content plus a cyclical recovery, the usual rebound after a downturn 4.
The largest open item is the pending acquisition of Silicon Labs, a maker of wireless connectivity chips, in an all-cash deal with a total enterprise value of about $7.5 billion 25.
TI expects it to close in the first half of 2027, subject to regulatory approvals 2. Silicon Labs stockholders approved it on 30 April 2026, and the antitrust waiting period expired on 22 May 2026 2120.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.