Texas Instruments generates $6.06 billion in Q3 revenue, up 28%

• Texas Instruments (NASDAQ:TXN) reported third-quarter 2026 revenue of $6.06 billion, up 28% year over year and 11% sequentially, while diluted earnings per share increased 77% to $2.62.
• Operating profit increased 73% to $2.874 billion, driven by growth in Analog and Embedded Processing, while net income rose 78% to $2.425 billion.
• Trailing-12-month operating cash flow reached $9.896 billion, with non-GAAP free cash flow of $8.422 billion, while TI forecast fourth-quarter revenue of $5.80 billion–$6.30 billion.

Texas Instruments (NASDAQ:TXN) reported third-quarter 2026 revenue of $6.06 billion, up 28% year over year and 11% sequentially, reflecting stronger semiconductor demand.

Operating profit increased 73% to $2.874 billion, while net income rose 78% to $2.425 billion and diluted earnings increased 77% to $2.62 per share.

Quarterly earnings included an unexpected one-cent-per-share reduction, although reported EPS exceeded the company's previous third-quarter guidance ceiling of $2.57.

Analog segment revenue increased 32% year over year, while Embedded Processing sales rose 21% and revenue from other businesses declined 6%.

Trailing-12-month operating cash flow increased 43% to $9.896 billion, while non-GAAP free cash flow reached $8.422 billion, including proceeds from CHIPS Act incentives.

Texas Instruments returned $5.810 billion to shareholders over the trailing 12 months, down 11%, while maintaining its focus on manufacturing investment and capital returns.

The company forecast fourth-quarter revenue of $5.80 billion–$6.30 billion and diluted earnings of $2.45–$2.79 per share, indicating expectations of continued semiconductor demand.