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Screener / SEC EDGAR /CIK 0000097476 /10-K filed Feb 6, 2026, compared with Feb 14, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
CDWTELGLWCTSHINTUTXN
Nasdaq Technology · Semiconductors

Texas Instruments TXN

TXN quote by TradingView

We design and manufacture semiconductors that we sell to electronics designers and manufacturers all over the world. 10-K, Item 1

Employees
33,000
Headquarters
Dallas, TX
CEO
Haviv Ilan
Next results
around Jan 26, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $17.7B through the costs to a net profit of $5.0B · income statement of the 10-K

34% operating margin
Revenue to Gross profit: $10.1BRevenue to Cost of revenue: $7.6BGross profit to Operating profit: $6.0BGross profit to Operating expenses: $4.1BOperating profit to Net profit: $5.0BOperating profit to Tax & other: $1.0BOperating expenses to R&D: $2.1BOperating expenses to Sales, admin & other: $2.0B Revenue: $17.7B REVENUE $17.7B +13% Y/Y Gross profit: $10.1B · 57% margin GROSS PROFIT $10.1B 57% margin · +11% Y/Y Cost of revenue: $7.6B · 43% of revenue COST OF REVENUE $7.6B 43% of revenue Operating profit: $6.0B · 34% margin OPERATING PROFIT $6.0B 34% margin · +10% Y/Y Operating expenses: $4.1B · 23% of revenue OPERATING EXPENSES $4.1B 23% of revenue Net profit: $5.0B · 28% margin NET PROFIT $5.0B 28% margin · +4% Y/Y Tax & other: $1.0B · 6% of revenue TAX & OTHER $1.0B 6% of revenue R&D: $2.1B · 12% of revenue R&D $2.1B 12% of revenue Sales, admin & other: $2.0B · 11% of revenue SALES, ADMIN & OTHER $2.0B 11% of revenue
Gross profit $10.1B 57% margin · +11% Y/Y
Operating profit $6.0B 34% margin · +10% Y/Y
Net profit $5.0B 28% margin · +4% Y/Y
The full income statement, year by year

TXN among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 13.0%, above 42% of 74 peers (their median 14.1%) REVENUE GROWTH 13.0% · above 42% Gross margin: 60.2%, above 54% of 67 peers (their median 56.4%) GROSS MARGIN 60.2% · above 54% Operating margin: 40.8%, above 86% of 70 peers (their median 22.2%) OPERATING MARGIN 40.8% · above 86% Net margin: 34.3%, above 84% of 74 peers (their median 18.9%) NET MARGIN 34.3% · above 84% FCF margin: 35.2%, above 80% of 70 peers (their median 22.3%) FCF MARGIN 35.2% · above 80% Return on capital: 16.1%, above 66% of 61 peers (their median 12.6%) RETURN ON CAPITAL 16.1% · above 66%
TXN Peer median Below the median

What changed

1 new risk paragraph. 10-K filed Feb 6, 2026 against Feb 14, 2025.

Risk factors
1 new paragraph, nothing like it in the previous 10-K
10-K Item 1A
Accounting checks
10 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 10 checks found nothing to note

  • Receivables +14.2% vs revenue +13.0% (+1.1 pts)
  • Cash from operations $7.2B vs net income $5.0B (FY ending Dec 31, 2025)
  • Inventory +6.1% vs revenue +13.0% (-6.9 pts)
7 more checks with nothing to note
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

1 paragraph in Risk Factors that was not in the 10-K filed Feb 14, 2025. Quoted as filed.

  1. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    As reporting and disclosure requirements evolve, the failure, or perceived failure, to meet applicable reporting standards or regulatory expectations could adversely affect our results of operations and reputation.

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

From the same starting line, FY2016 to FY2025

Revenue, net income and free cash flow, each set to 100 in FY2016. What happened, from the 10-Ks. Not a forecast.

FY2016 = 100
100 200 Revenue: $13.4B in FY2016, $17.7B in FY2025 REVENUE $17.7B · 1.3x Net income: $3.6B in FY2016, $5.0B in FY2025 NET INCOME $5.0B · 1.4x Free cash flow: $4.1B in FY2016, $2.6B in FY2025 FREE CASH FLOW $2.6B · 0.6x FY2016 = 100FY2021FY2025
Revenue 1.3x $13.4B to $17.7B
Net income 1.4x $3.6B to $5.0B
Free cash flow 0.6x $4.1B to $2.6B

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$20.0B$17.5B$15.6B$17.7B
Net income$8.7B$6.5B$4.8B$5.0B
Operating cash flow$8.7B$6.4B$6.3B$7.2B
Free cash flow$5.9B$1.3B$1.5B$2.6B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$17.7B ▲ 13.0% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Texas Instruments, Dallas, TX · from the 10-K filed Feb 6, 2026

We design and manufacture semiconductors that we sell to electronics designers and manufacturers all over the world. Our operations began in 1930, and we are incorporated in Delaware. With headquarters in Dallas, Texas, we have design, manufacturing or sales operations in more than 30 countries. Our two reportable segments are Analog and Embedded Processing, and we report the results of our remaining business activities in Other. In 2025, we generated $17.68 billion of revenue.

Headquarters
Dallas, TX
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Oct 21, 2026
Incorporated in
DE

Employees, at the top of the page: "At December 31, 2025, we had about 33,000 employees worldwide" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 6, 2026 (open at SEC), compared with the 10-K filed Feb 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/TXN/export.csv") into a cell.