TI reports second quarter 2026 financial results and shareholder returns
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Conference call at 3:30 p.m. Central time today on ti.com/ir DALLAS , July 22, 2026 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN ) today reported second quarter revenue of $5.46 billion, net income of $1.98 billion and earnings per share of $2.14. Earnings per share included a 5-cent benefit that was not in the company's original guidance. Regarding the company's performance and returns to shareholders, Haviv Ilan, TI's chairman, president and CEO, made the following comments: Free cash flow, a non-GAAP financial measure, is cash flow from operations less capital expenditures, plus proceeds from U.S. CHIPS and Science Act (CHIPS Act) incentives. Earnings summary (In millions, except per-share amounts) Q2 2026 Q2 2025 Change Revenue $ 5,463 $ 4,448 23 % Operating profit $ 2,310 $ 1,563 48 % Net income $ 1,980 $ 1,295 53 % Earnings per share $ 2.14 $ 1.41 52 % Cash generation Trailing 12 Months (In millions) Q2 2026 Q2 2026 Q2 2025 Change Cash flow from operations $ 2,703 $ 8,667 $ 6,439 35 % Free cash flow $ 2,738 $ 6,534 $ 1,763 271 % Free cash flow % of revenue 33.6 % 10.6 % Cash return Trailing 12 Months (In millions) Q2 2026 Q2 2026 Q2 2025 Change Dividends paid $ 1,295 $ 5,112 $ 4,900 4 % Stock repurchases $ 27 $ 707 $ 1,810 (61) % Total cash returned $ 1,322 $ 5,819 $ 6,710 (13) % TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES Consolidated...
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