TXN Q3 FY2026: revenue $6.06 billion, up 28.0%, EPS $2.62
Texas Instruments beat on both lines: revenue of $6.06 billion rose 28.0% from a year ago and earnings per share of $2.62 landed 7.3% above the $2.44 consensus. The real story is margin — gross margin reached 64.2% and free cash flow hit 40.6% of trailing revenue. Read the scorecard first, then how the quarter turned sales into cash, then what a flat fourth-quarter guide really says.
1 · Expected vs. Actual
Free preview below$2.62 beat the $2.44 consensus by 7.3% and rose 77.0% from $1.48 a year ago. Operating profit grew 72.8%, faster than revenue, because gross margin expanded to 64.2% from 57.4%. Management noted a 1-cent reduction that was not in the original guidance, so the beat was not flattered by one-off items.
$6.06 billion came in 28.0% above the $4.74 billion reported a year ago and 2.6% above the $5.90 billion guidance midpoint. Revenue has now risen three quarters in a row, from $4.83 billion to $5.46 billion to $6.06 billion. Analog carried the quarter at $4.91 billion, or 81.1% of the total, while Embedded Processing added $858 million.
The fourth-quarter outlook is $5.80 billion to $6.30 billion, a $6.05 billion midpoint with a 4.1% band — essentially flat versus the quarter just reported. The EPS range of $2.45 to $2.79 also midpoints at $2.62, repeating Q3. This is guidance for a pause, not a decline.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-10-23
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