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Texas Instruments Misses Q4 Targets, Issues Q1 Outlook and Details Strong Cash Generation

Management emphasized strong annual cash flow supporting capacity investments alongside shareholder returns.

Overview

  • Texas Instruments reported fourth-quarter 2025 revenue of $4.42 billion, net income of $1.16 billion and earnings per share of $1.27.
  • For full-year 2025, the company posted revenue of $17.68 billion with diluted earnings per share of $5.45 and net income of $5.00 billion.
  • The company guided first-quarter 2026 revenue to $4.32–$4.68 billion and earnings per share to $1.22–$1.48.
  • Results were slightly below Wall Street expectations tracked by Zacks, and quarterly EPS included a 6-cent reduction not in prior guidance.
  • Trailing 12‑month operating cash flow was about $7.2 billion and free cash flow $2.9 billion, with $4.6 billion in capital expenditures and $6.5 billion returned to owners.