Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Texas Instruments Inc., consolidated income statement

US$ in millions

12 months ended:	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	17,682)	15,641)	17,519)	20,028)	18,344)
Cost of revenue (COR)	(7,599)	(6,547)	(6,500)	(6,257)	(5,968)
Gross profit	10,083)	9,094)	11,019)	13,771)	12,376)
Research and development (R&D)	(2,083)	(1,959)	(1,863)	(1,670)	(1,554)
Selling, general and administrative (SG&A)	(1,860)	(1,794)	(1,825)	(1,704)	(1,666)
Acquisition charges	—)	—)	—)	—)	(142)
Restructuring charges	(85)	(8)	—)	(257)	(54)
Goodwill impairment	(32)	—)	—)	—)	—)
Gains on sales of assets	—)	132)	—)	—)	—)
Restructuring charges/other	(117)	124)	—)	(257)	(54)
Operating profit	6,023)	5,465)	7,331)	10,140)	8,960)
Other income	258)	534)	483)	168)	145)
Other expense	(28)	(38)	(43)	(62)	(2)
Other income (expense), net (OI&E)	230)	496)	440)	106)	143)
Interest and debt expense	(543)	(508)	(353)	(214)	(184)
Income before income taxes	5,710)	5,453)	7,418)	10,032)	8,919)
Provision for income taxes	(709)	(654)	(908)	(1,283)	(1,150)
Net income	5,001)	4,799)	6,510)	8,749)	7,769)

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).

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Texas Instruments Inc. (NASDAQ:TXN)

Income Statement