Texas Instruments Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,682	15,641	17,519	20,028	18,344
Revenue Growth (YoY)	13.05%	-10.72%	-12.53%	9.18%	26.85%
Cost of Revenue	7,599	6,547	6,500	6,257	5,968
Gross Profit	10,083	9,094	11,019	13,771	12,376
Selling, General & Admin	1,860	1,794	1,825	1,704	1,666
Research & Development	2,083	1,959	1,863	1,670	1,554
Other Operating Expenses	117	-124	-	257	196
Total Operating Expenses	4,060	3,629	3,688	3,631	3,416
Operating Income	6,023	5,465	7,331	10,140	8,960
Interest Expense	-543	-508	-353	-214	-184
Other Non-Operating Income (Expense)	230	496	440	106	143
Total Non-Operating Income (Expense)	-313	-12	87	-108	-41
Pretax Income	5,710	5,453	7,418	10,032	8,919
Provision for Income Taxes	709	654	908	1,283	1,150
Net Income	5,001	4,799	6,510	8,749	7,769
Net Income to Common	5,001	4,799	6,510	8,749	7,769
Net Income Growth	4.21%	-26.28%	-25.59%	12.61%	38.86%
Shares Outstanding (Basic)	909	912	908	916	923
Shares Outstanding (Diluted)	913	919	916	926	936
Shares Change (YoY)	-0.65%	0.33%	-1.08%	-1.07%	0.32%
EPS (Basic)	5.47	5.24	7.13	9.51	8.38
EPS (Diluted)	5.45	5.20	7.07	9.41	8.26
EPS Growth	4.81%	-26.45%	-24.87%	13.92%	38.36%
Free Cash Flow	2,603	1,498	1,349	5,923	6,294
Free Cash Flow Growth	73.77%	11.04%	-77.22%	-5.90%	14.64%
Free Cash Flow Per Share	2.85	1.63	1.47	6.40	6.72
Dividends Per Share	5.500	5.260	5.020	4.690	4.210
Dividend Growth	4.56%	4.78%	7.04%	11.40%	13.17%
Gross Margin	57.02%	58.14%	62.90%	68.76%	67.47%
Operating Margin	34.06%	34.94%	41.85%	50.63%	48.84%
Profit Margin	28.28%	30.68%	37.16%	43.68%	42.35%
FCF Margin	14.72%	9.58%	7.70%	29.57%	34.31%
EBITDA	8,022	7,045	8,569	11,119	9,914
EBITDA Margin	45.37%	45.04%	48.91%	55.52%	54.04%
EBIT	6,023	5,465	7,331	10,140	8,960
EBIT Margin	34.06%	34.94%	41.85%	50.63%	48.84%
Effective Tax Rate	12.42%	11.99%	12.24%	12.79%	12.89%

Updated Jan 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q