Texas Instruments reported second quarter 2026 revenue of $5.46 billion with net income of $1.98 billion and earnings pe

Texas Instruments Incorporated, trading on Nasdaq under the ticker TXN, announced its second quarter 2026 financial results on July 22, 2026. The company reported quarterly revenue of $5.46 billion with net income of $1.98 billion. Diluted earnings per share came in at $2.14, which included a five-cent benefit that was not included in the company's original guidance.

Haviv Ilan, the company's chairman, president and chief executive officer, provided commentary on the company's performance and shareholder returns. The earnings announcement included discussion of free cash flow as a non-GAAP measure, defined as cash flow from operations less capital expenditures plus proceeds from the U.S. CHIPS and Science Act incentives.

The financial tables accompanying the release detailed the company's balance sheet as of June 30, 2026 and June 30, 2025, including accounts receivable, prepaid expenses, and stockholders' equity. As of June 30, 2026, the company had 828 million shares outstanding, compared to 832 million shares a year earlier. The company also reported cash flow from operations and identified cash benefits of $301 million from CHIPS Act investment tax credits used to reduce income taxes payable for the three months ended June 30, 2026.

Texas Instruments is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for industrial, automotive, data center, personal electronics and communications equipment markets. The company held a conference call at 3:30 p.m. Central time on the day of the announcement to discuss these results.