Stock Analysis on Net

Texas Instruments Inc. (NASDAQ:TXN)

Income Statement 
Quarterly Data

Texas Instruments Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Revenue 4,423 4,742 4,448 4,069 4,007 4,151 3,822 3,661 4,077 4,532 4,531 4,379 4,670 5,241 5,212 4,905 4,832 4,643 4,580 4,289
Cost of revenue (COR) (1,951) (2,019) (1,873) (1,756) (1,693) (1,677) (1,611) (1,566) (1,646) (1,717) (1,621) (1,516) (1,583) (1,624) (1,587) (1,463) (1,482) (1,491) (1,503) (1,492)
Gross profit 2,472 2,723 2,575 2,313 2,314 2,474 2,211 2,095 2,431 2,815 2,910 2,863 3,087 3,617 3,625 3,442 3,350 3,152 3,077 2,797
Research and development (R&D) (521) (518) (527) (517) (491) (492) (498) (478) (460) (471) (477) (455) (434) (431) (414) (391) (389) (388) (391) (386)
Selling, general and administrative (SG&A) (446) (457) (485) (472) (446) (428) (465) (455) (438) (452) (461) (474) (429) (431) (422) (422) (404) (412) (425) (425)
Acquisition charges (47) (48) (47)
Restructuring charges/other (32) (85) 124 (48) (77) (66) (66) (54)
Operating profit 1,473 1,663 1,563 1,324 1,377 1,554 1,248 1,286 1,533 1,892 1,972 1,934 2,176 2,678 2,723 2,563 2,503 2,305 2,213 1,939
Other income (expense), net (OI&E) 40 62 48 80 112 131 130 123 113 128 119 80 51 33 7 15 9 15 73 46
Interest and debt expense (141) (141) (133) (128) (130) (131) (131) (116) (98) (98) (89) (68) (60) (53) (49) (52) (49) (45) (44) (46)
Income before income taxes 1,372 1,584 1,478 1,276 1,359 1,554 1,247 1,293 1,548 1,922 2,002 1,946 2,167 2,658 2,681 2,526 2,463 2,275 2,242 1,939
Provision for income taxes (209) (220) (183) (97) (154) (192) (120) (188) (177) (213) (280) (238) (205) (363) (390) (325) (325) (328) (311) (186)
Net income 1,163 1,364 1,295 1,179 1,205 1,362 1,127 1,105 1,371 1,709 1,722 1,708 1,962 2,295 2,291 2,201 2,138 1,947 1,931 1,753

Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).