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TXN.NASDAQ
Texas Instruments Incorporated
Information Technology · Semiconductors

Global semiconductor company designing and manufacturing analog chips and embedded processors for industrial, automotive, and personal electronics.

HQ: United StatesListed: United States

Profile & Fundamentals

Texas Instruments Incorporated: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.

Profile & Fundamentals

Texas Instruments Incorporated Profile & Fundamentals

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

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Profile & Fundamentals contents

Company and Market Context

Company Profile & Ownership

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, the rest of Asia, Europe, the Middle East, Africa, Japan, and internationally. It operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, multiphase controllers and power stages, and lighting products. This segment also provides signal chain products that sense, condition, and measure real-world signals and convert them into data to be transferred or converted for further processing and control, such as amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers, processors, wireless connectivity, and radar products; and applications processors for specific computing activity. It also provides DLP products primarily for use in projecting high-definition images; calculators; and application-specific integrated circuits. Its products are used in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, calculators, and others. The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

TXN.NASDAQ

Company profile record

Texas Instruments Incorporated

Common Stock · Information Technology · Semiconductors

Official website

Company

Company / asset
Texas Instruments Incorporated
Security type
Common Stock
Sector
Information Technology
Industry
Semiconductors
HQ
🇺🇸 United States
Head office
12500 TI Boulevard, Dallas, TX, United States, 75243

Leadership & scale

Chief executive
Mr. Haviv Ilan
CEO year born
1969
Full-time employees
33K
Fiscal year end
December
IPO date
1953-01-01

Fundamentals snapshot

Updated 2026-09-28
Market Cap
USD 273.5B
P/E
45.2x
Revenue (Q2 26)
USD 5.5B
Profit (Q2 26)
USD 2.0B
Dividend Yield
1.3%
Revenue (FY 25)
USD 17.7B
Shares in public float
911M
Insider ownership
0.28%

Reporting & identifiers

Symbol
TXN.NASDAQ
Listing
🇺🇸 United States | Dividend Tax: 30%
Ticker Currency
USD
Income Statement Currency
USD
Balance Sheet Currency
USD
Cash Flow Currency
USD
EPS Currency
USD
Contract Type
SPOT
ISIN
US8825081040
Asset ID
equity_0bcbf61f-ddb2-5b82-91ba-a9a4497cf772

Ownership

Shares Outstanding

Latest: 920.0M | Max: 1.0B | Min: 913.0M

Shares Outstanding
1.3B951.6M634.4M317.2M0.00
920.0M
'17
'19
'21
'23
'25
'26

Latest reported ownership snapshot

As of Oct 1, 2026

Float Shares

99.02%

911.0M latest reported shares

Insider Ownership

0.28%

Latest reported insider stake

Short Float

0.02%

Latest reported short interest / float

Top Holders

Top 5 concentration: 28.38%
BlackRock Inc
institution
Filed 2026-03-31 • Change +2.5M (+3.13%)
8.93%(81.5M shares)
Vanguard Capital Management, LLC
institution
Filed 2026-03-31 • Change +59.0M (0.00%)
6.46%(59.0M shares)
State Street Corp
institution
Filed 2026-03-31 • Change -369.1K (-0.85%)
4.72%(43.1M shares)
JPMorgan Chase & Co
institution
Filed 2026-03-31 • Change +10.1M (+35.51%)
4.20%(38.4M shares)
Amvescap Plc.
institution
Filed 2026-03-31 • Change -1.3M (-3.47%)
4.08%(37.3M shares)
Vanguard MStar Total Stk Mkt Idx Invest
fund
Filed 2026-08-31 • Change -56.4K (-0.19%)
3.17%(28.9M shares)
Vanguard Portfolio Management, LLC
institution
Filed 2026-03-31 • Change +28.6M (0.00%)
3.13%(28.6M shares)
Source tablesView ownership tables

Shares Outstanding

Annual reported shares outstanding; up to 10 reporting dates.

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Shares outstanding — reported values
Reporting dateShares outstanding
2017-01-011,007,000,000
2018-01-01970,000,000
2019-01-01948,000,000
2020-01-01932,000,000
2021-01-01936,000,000
2022-01-01916,000,000
2023-01-01915,000,000
2024-01-01919,000,000
2025-01-01913,000,000
2026-01-01920,000,000

Top Holders

Available reported ownership records.

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Largest reported holders
HolderSharesOwnershipReported date
BlackRock Inc81,515,6198.93%2026-03-31
Vanguard Capital Management, LLC58,978,7046.46%2026-03-31
State Street Corp43,077,6644.72%2026-03-31
JPMorgan Chase & Co38,381,7884.2%2026-03-31
Amvescap Plc.37,259,1824.08%2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest28,922,7913.17%2026-08-31
Vanguard Portfolio Management, LLC28,611,9513.13%2026-03-31
Charles Schwab Investment Management Inc25,927,6762.84%2026-03-31
Vanguard 500 Index Investor24,180,8832.65%2026-08-31
Geode Capital Management, LLC23,588,8172.58%2026-03-31
Invesco QQQ Trust19,578,0132.14%2026-08-31
Bank of New York Mellon Corp16,402,8341.8%2026-03-31
Schwab US Dividend Equity ETF™13,434,4061.47%2026-08-29
NORGES BANK13,220,0041.45%2026-06-30
Wellington Management Company LLP13,121,1401.44%2026-06-30

Earnings, Profitability & Valuation

Earnings, Profitability & Valuation

Earnings & Revenue

Earnings and Revenue Trajectory

AI Review

Texas Instruments engineered a powerful cyclical rebound in the first half of 2026, with second-quarter revenue reaching $5.46 billion, a 22.8% year-over-year surge. Net income rose 52.9% to $1.98 billion as industrial and automotive clients resumed ordering following a prolonged destocking phase. Operating leverage drove broad-based gains across the catalog. However, headlines overstate underlying organic progress. Trailing twelve-month free cash flow of $5.36 billion was substantially aided by non-recurring federal subsidies and tax credits. While business fundamentals are strengthening, recurring earnings must now expand rapidly to justify current share valuations as government cash incentives taper.

Revenue, Net Income, and Free Cash Flow

Latest: USD 17.7B | Max: USD 20.0B | Min: USD 1.3B

RevenueFree Cash FlowNet Income
USD 25.2BUSD 18.9BUSD 12.6BUSD 6.3BUSD 0.00
17.7B
2.6B
5.0B
'16
'18
'20
'22
'24
'25

Valuation

P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.

Latest: 32x

39x29x20x10x0x
23x
24x
32x
'21'23'25

Profitability & Margins

Margins and Operating Efficiency

AI Review

Profitability margins have staged an impressive recovery from cyclical lows. Second-quarter 2026 gross margin reached 61.4%, up from 57.0% in 2025, while operating margin rebounded to 42.3%. As factory utilization rates improved, incremental revenue flowed through to the bottom line at a potent seventy-five to eighty-five percent rate. Despite this operational bounce, structural barriers prevent an immediate return to historical peak gross margins near 69%. Over $2.00 billion in annual fixed fab depreciation charges and aggressive mature-node price competition in Asia establish a realistic ceiling. Operating profitability should stabilize in the low-to-mid forty percent range.

Profitability Margins

Latest: 57.0% | Max: 68.8% | Min: 24.6%

Gross MarginOperating MarginNet Margin
86.6%65.0%43.3%21.7%0.0%
57.0%
34.1%
28.3%
'16
'18
'20
'22
'24
'25

Latest Profitability Ratios as of 2025-12-31

Gross Margin

57.0%

Gross profit / revenue

Operating Margin

34.1%

Operating income / revenue

Net Margin

28.3%

Net income / revenue

FCF Margin

14.7%

Free cash flow / revenue

Source tablesView earnings, profitability & valuation tables

Revenue, Net Income, and Free Cash Flow

Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.

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Annual earnings and cash flow
Period endRevenue (USD)Net income (USD)Free cash flow (USD)
2016-12-3113,370,000,0003,595,000,0004,083,000,000
2017-12-3114,961,000,0003,682,000,0004,668,000,000
2018-12-3115,784,000,0005,580,000,0006,058,000,000
2019-12-3114,383,000,0005,017,000,0005,802,000,000
2020-12-3114,461,000,0005,595,000,0005,490,000,000
2021-12-3118,344,000,0007,769,000,0006,294,000,000
2022-12-3120,028,000,0008,749,000,0005,923,000,000
2023-12-3117,519,000,0006,510,000,0001,349,000,000
2024-12-3115,641,000,0004,799,000,0001,498,000,000
2025-12-3117,682,000,0005,001,000,0002,603,000,000

Published P/E Ratio

Published valuation snapshots retain each observation's earnings basis.

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Published valuation snapshots
Period endP/E (times earnings)Earnings basis
2025-12-3131.67Trailing four quarters
2024-12-3135.91Trailing four quarters
2023-12-3123.96Trailing four quarters
2022-12-3117.3Annual net income
2021-12-3122.71Annual net income

Profitability Margins

Matching annual reporting dates. Values are percentages.

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Annual profitability margins
Period endGross margin (%)Operating margin (%)Net margin (%)Free cash flow margin (%)
2016-12-3161.6336.3126.8930.54
2017-12-3164.2640.6624.6131.2
2018-12-3165.1142.5335.3538.38
2019-12-3163.7139.7934.8840.34
2020-12-3164.140.7638.6937.96
2021-12-3167.4748.8442.3534.31
2022-12-3168.7650.6343.6829.57
2023-12-3162.941.8537.167.7
2024-12-3158.1434.9430.689.58
2025-12-3157.0234.0628.2814.72

Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.

Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.

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