Texas Instruments 8-K
PositiveEarningsNew guidance
Industrial, automotive and data center growth drove revenue up 28% Y/Y; Q4 revenue guided to $5.80B–$6.30B.
Filed 2026-10-21 16:04 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q3 2026 results with Q4 guidance. Revenue rose 28% Y/Y on continued broad growth in industrial, automotive and data center; EPS included a 1-cent reduction not in the company’s original guidance.
Key Figures
| Metric | Q3 2026 |
|---|---|
| Revenue | $6.06B, +28% Y/Y |
| Gross margin | 64.2%, vs 57.4% |
| Operating profit | $2.87B, +73% Y/Y |
| Net income | $2.43B, +78% Y/Y |
| Diluted EPS | $2.62, +77% Y/Y |
| Operating cash flow | $3.42B, +56.1% Y/Y |
| Free cash flow (non-GAAP) | $2.96B, +177% Y/Y |
- Trailing 12-month operating cash flow was $9.90B, +43% Y/Y; free cash flow (non-GAAP) was $8.42B, +249%, or 40.6% of revenue vs 14.0%.
- Trailing 12-month cash returned was $5.81B, down 11% Y/Y: $5.17B in dividends paid, +5%, and $636M in stock repurchases, down 61%. Treasury shares were 827M vs 832M a year earlier.
- Cash and cash equivalents were $4.21B and short-term investments $3.93B at quarter-end; total debt was $13.6B.
Against earlier guidance (derived from earlier filings)
| Metric | Period | Earlier guidance | Actual | Result |
|---|---|---|---|---|
| Revenue | Q3 2026 | $5.65B–$6.15B | $6.06B | in line |
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | Q4 2026 | $5.80B–$6.30B | — | — |
| EPS (GAAP) | Q4 2026 | $2.45–$2.79 | — | — |
Investor Takeaways
- Q4 revenue and EPS versus the guided ranges will show whether broad growth continues.
The summary is written by an AI model reading the filing.
Model 005 · prompt v95 · 2026-10-21 22:40:55Z