Launch Catch-Up — Results Announced October 21, 2026
Texas Instruments said October 21 that third-quarter revenue reached $6.06 billion, increasing 28% from a year earlier and 11% from the preceding quarter.
Net income rose 78% to $2.43 billion, while earnings per share increased to $2.62 from $1.48 a year earlier. Operating profit grew 73% to $2.87 billion.
Chief Executive Haviv Ilan attributed the revenue increase to broad growth across industrial, automotive and data-center markets.
TI forecast fourth-quarter revenue of $5.8 billion–$6.3 billion and earnings of $2.45–$2.79 a share. Those figures describe management’s expectations rather than completed sales.
For the trailing 12 months, TI reported $9.9 billion in operating cash and $8.4 billion in free cash flow. Its free-cash-flow definition subtracts capital spending from operating cash and adds proceeds from federal CHIPS Act incentives. Over that period, the company invested $2.6 billion in capital expenditures and returned $5.8 billion to shareholders.
Sources Texas Instruments — October 21 quarterly results: https://www.ti.com/about-ti/newsroom/news-releases/2026/2026-10-21-ti-reports-third-quarter-2026-financial-results-and-shareholder-returns.html