Common-Size Income Statement
Quarterly Data
Paying user area
Try for free
Texas Instruments Inc. pages available for free this week:
- Statement of Comprehensive Income
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- Analysis of Solvency Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Operating Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Price to Sales (P/S) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Texas Instruments Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Texas Instruments Inc., common-size consolidated income statement (quarterly data)
Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Cost of Revenue (COR)
- The cost of revenue as a percentage of total revenue exhibits a general decreasing trend from March 2020 to March 2022, declining from approximately 37.28% to a low near 29.83%. Subsequently, it reverses direction and increases, reaching levels above 42% by June 2025. This shift indicates rising production or procurement costs relative to revenue in the later periods.
- Gross Profit
- Gross profit margins improved steadily in the early periods, increasing from 62.72% in March 2020 to a peak near 70.17% by March 2022. Afterward, gross profit margins decreased to around 57-59% by the end of the observed periods. The early expansion aligns with declining cost of revenue, but the later contraction suggests squeezed profit margins due to rising costs.
- Research and Development (R&D)
- R&D expenditure as a percentage of revenue displayed a consistent downward trend from about 11.32% in March 2020 down to roughly 7.94% by March 2022, indicative of reduced relative investment in innovation or product development. Following this trough, R&D increased again in later periods, reaching above 13% at times before settling closer to 11% by mid-2025, showing renewed emphasis on development activities.
- Selling, General and Administrative (SG&A)
- SG&A costs relative to revenue decreased from approximately 12.53% in early 2020 to a low near 8.1% by mid-2022, signaling enhanced operational efficiencies or cost controls. However, these expenses rose once again to levels near 12.4% in 2024, then gradually moderated toward 9.6% by mid-2025, reflecting fluctuations in administrative and sales expenditures during the timeframe.
- Acquisition Charges
- Acquisition charges, while present in early periods, declined steadily from about 1.5% to negligible or no reported values after late 2021, implying a tapering of acquisition-related costs or activities during the latter periods.
- Restructuring Charges/Other
- Restructuring charges appeared intermittently, with small negative impacts early and mid-periods followed by a notable positive anomaly in 2024, then returning again to losses by mid-2025. This suggests episodic restructuring or one-time adjustments affecting financial results sporadically.
- Operating Profit
- Operating profit margins showed improvement from approximately 37.4% in early 2020 to a high exceeding 52% in early 2022, driven by improved gross margins and controlled costs. After this peak, operating profit margins declined markedly to near 32-35% by mid-2025, reflecting increased operational costs and margin pressures in later years.
- Other Income (Expense), Net
- Other income or expense remained small but positive for most periods, with slight fluctuations. There is a notable increase around 2023 to 2024, reaching upwards of 3.4%, which contributes modestly to overall profitability.
- Interest and Debt Expense
- Interest and debt expenses as a percentage of revenue decreased gradually from about 1.35% in early 2020 to lower levels near 0.94% by mid-2022, indicating reduced financing costs or debt levels initially. Nevertheless, these expenses rose significantly afterward, peaking above 3.4% in 2024, suggesting higher borrowing costs or increased debt commitments in the later periods.
- Income Before Income Taxes
- This metric showed progression from around 36.8% to over 51% by early 2022, consistent with operating profit trends. It declined steadily thereafter, falling to approximately 31-33% toward mid-2025. The reduction corresponds with the erosion in operating profits and increased interest expenses seen in the period.
- Provision for Income Taxes
- Tax provisions as a percentage of revenue fluctuated, with some negative values early on, indicating tax benefits or credits. In the later periods, it mostly remains negative or modestly negative, suggesting varied tax impacts on net income but generally exerting a reducing effect on pre-tax income.
- Net Income
- Net income margins experienced an irregular pattern, starting around 35% in 2020, peaking above 44% in early 2022, and then declining to just below 29% by mid-2025. This decline mirrors decreasing operating margins, higher interest costs, and fluctuating tax provisions, collectively influencing net profitability.