On October 21, 2026, Texas Instruments Incorporated (TI) filed a Current Report on Form 8-K disclosing its financial results for the third quarter of 2026. The filing includes an attached news release detailing the company's performance for the period ended September 30, 2026.
Texas Instruments reported third-quarter revenue of $6.06 billion, representing a 28% increase compared to the same period in the prior year. Net income for the quarter was $2.43 billion, with diluted earnings per share (EPS) recorded at $2.62. The company noted that EPS included a 1-cent reduction compared to its original guidance.
Revenue growth was driven by continued broad expansion across the industrial, automotive, and data center markets. Segment performance included a 32% increase in Analog revenue to $4.91 billion and a 21% increase in Embedded Processing revenue to $858 million. The 'Other' segment saw a 6% decrease in revenue to $286 million.
Regarding cash generation, TI reported cash flow from operations of $3.42 billion for the quarter. Over the trailing 12 months, cash flow from operations totaled $9.9 billion, and free cash flow was $8.4 billion. During the trailing 12 months, the company invested $4.0 billion in research and development, $2.6 billion in capital expenditures, and returned $5.8 billion to shareholders through dividends and stock repurchases.
In its outlook for the fourth quarter of 2026, Texas Instruments anticipates revenue in the range of $5.80 billion to $6.30 billion. The company also projects diluted EPS between $2.45 and $2.79.
