Texas Instruments (TI) reported second-quarter 2026 revenue of $5.46 billion, up 23% from the same period last year and 13% sequentially, driven by broad-based demand across the industrial, data center, and automotive markets. Net income increased 53% year-over-year to $1.98 billion, while diluted earnings per share reached $2.14, including a $0.05 benefit that was not included in the company’s original guidance.
For the quarter ended June 30, 2026, TI reported:
- Revenue of $5.46 billion
- Operating profit of $2.31 billion
- Net income of $1.98 billion
- Diluted earnings per share of $2.14
- Gross performance supported by continued demand across its core end markets
The Analog segment generated revenue of $4.37 billion, an increase of 26% year-over-year, while Embedded Processing revenue rose 16% to $788 million. Revenue from the company’s Other segment declined 2% to $310 million.
TI continued to generate strong cash flow during the quarter. Cash flow from operations reached $8.67 billion over the trailing 12 months, up 35% from a year earlier, while free cash flow increased to $6.53 billion. During the same period, the company invested $3.9 billion in research and development and selling, general and administrative expenses, spent $3.3 billion on capital expenditures, and returned $5.8 billion to shareholders through dividends and share repurchases.
For the third quarter of 2026, Texas Instruments expects:
- Revenue between $5.65 billion and $6.15 billion
- Diluted earnings per share between $2.23 and $2.57
The results reflect continued strength in TI’s industrial and automotive businesses, alongside growing demand from AI data center infrastructure, while the company’s ongoing investment in 300 mm manufacturing capacity continues to support profitability and cash generation.
Original – Texas Instruments