Texas Instruments income statement

In fiscal 2025, Texas Instruments reported revenue of $17.68bn, up 13.0% on the year before, operating income of $6.02bn (a 34.1% margin) and net income of $5.00bn, or $5.45 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Texas Instruments: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	10.4	14.0	13.7	12.8	12.2	13.0	13.0	13.4	15.0	15.8	14.4	14.5	18.3	20.0	17.5	15.6	17.7	20.8
Cost of revenue	5.4	6.5	7.0	6.5	5.8	5.6	5.4	5.1	5.3	5.5	5.2	5.2	6.0	6.3	6.5	6.5	7.6	8.3
Gross profit	5.0	7.5	6.8	6.4	6.4	7.4	7.6	8.3	9.6	10.3	9.2	9.3	12.4	13.8	11.0	9.1	10.1	12.5
Research and development	1.5	1.6	1.7	1.9	1.5	1.4	1.3	1.4	1.5	1.6	1.5	1.5	1.6	1.7	1.9	2.0	2.1	2.1
Selling, general and administrative	1.3	1.5	1.6	1.8	1.9	1.8	1.7	1.7	1.7	1.7	1.6	1.6	1.7	1.7	1.8	1.8	1.9	1.9
Operating income	2.0	4.5	3.0	2.0	2.8	3.9	4.3	4.9	6.1	6.7	5.7	5.9	9.0	10.1	7.3	5.5	6.0	8.5
Income before tax	2.0	4.6	3.0	1.9	2.8	3.9	4.2	4.9	6.1	6.7	5.7	6.0	8.9	10.0	7.4	5.5	5.7	8.1
Income tax	0.5	1.3	0.7	0.2	0.6	1.1	1.2	1.3	2.4	1.1	0.7	0.4	1.2	1.3	0.9	0.7	0.7	1.0
Net income	1.5	3.2	2.2	1.8	2.2	2.8	3.0	3.6	3.7	5.6	5.0	5.6	7.8	8.7	6.5	4.8	5.0	7.1
Diluted EPS	$1.15	$2.62	$1.88	$1.51	$1.91	$2.57	$2.82	$3.48	$3.61	$5.59	$5.24	$5.97	$8.26	$9.41	$7.07	$5.20	$5.45	$7.76
Diluted shares (average)	1,269m	1,213m	1,171m	1,146m	1,113m	1,080m	1,043m	1,021m	1,012m	990m	952m	933m	936m	926m	916m	919m	913m	916m
EBITDA	2.9	5.4	3.9	2.9	3.7	4.8	5.1	5.5	6.6	7.3	6.4	6.6	9.7	11.1	8.5	7.0	7.9	10.6

US$ millions unless shown otherwise. Fiscal quarters.

Texas Instruments: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	4,007	4,069	4,448	4,742	4,423	4,825	5,463	6,055
Cost of revenue	1,693	1,756	1,873	2,019	1,951	2,026	2,111	2,168
Gross profit	2,314	2,313	2,575	2,723	2,472	2,799	3,352	3,887
Research and development	491	517	527	518	521	510	535	530
Selling, general and administrative	446	472	485	457	446	464	490	476
Operating income	1,377	1,324	1,563	1,663	1,473	1,808	2,310	2,874
Income before tax	1,359	1,276	1,478	1,584	1,372	1,714	2,238	2,805
Income tax	154	97	183	220	209	169	258	380
Net income	1,205	1,179	1,295	1,364	1,163	1,545	1,980	2,425
Diluted EPS	$1.31	$1.28	$1.41	$1.48	$1.27	$1.68	$2.14	$2.62
EBITDA	1,793	1,748	2,023	2,160	2,010	2,349	2,857	3,429

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Texas Instruments's SEC filings (10-K and 10-Q), retrieved October 24, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Texas Instruments.