Texas Instruments 8-K
PositiveEarningsNew guidance
Industrial, data center and automotive led broad growth, with Analog outpacing Embedded Processing.
Filed 2026-07-22 16:04 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q2 2026 results with Q3 guidance. Revenue rose 23% Y/Y, with broad growth led by industrial, data center and automotive. EPS included a $0.05 benefit that was not in the original guidance.
Key Figures
| Metric | Q2 2026 | Q2 2025 | Y/Y |
|---|---|---|---|
| Revenue | $5.46B | $4.45B | 23% |
| Operating profit | $2.31B | $1.56B | 48% |
| Net income | $1.98B | $1.30B | 53% |
| Diluted EPS | $2.14 | $1.41 | 52% |
| Operating cash flow | $2.70B | $1.86B | 45.3% |
| Free cash flow (non-GAAP) | $2.74B | $555M | 393% |
- Segment revenue: Analog $4.37B (+26%); Embedded Processing $788M (+16%); Other $310M (−2%). The company cited industrial, data center and automotive as growth leaders.
- Trailing-12-month operating cash flow was $8.67B (+35% Y/Y) and free cash flow was $6.53B (+271%); the latter includes $1.18B of CHIPS Act incentives.
- Trailing-12-month cash returned was $5.82B (−13% Y/Y), including $5.11B in dividends (+4%) and $707M in repurchases (−61%). Treasury shares declined from 832M to 828M Y/Y.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | Q3 2026 | $5.65B–$6.15B | — | — |
| EPS (GAAP) | Q3 2026 | $2.23–$2.57 | — | — |
Investor Takeaways
- Q3 results will show whether growth across industrial, data center and automotive sustains within the revenue and EPS ranges.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3