Texas Instruments Q2 Revenue Jumps 23% to $5.46B, Guides Q3 EPS $2.23-$2.57
TXN sits 86% above its 52-week low of $152.73.
Summary
Texas Instruments reported Q2 2026 revenue of $5.46B, up 23% YoY, beating estimates. Q3 EPS guidance of $2.23-$2.57 was in line with expectations. The company also provided an update on its $7.5B Silicon Labs acquisition.
Key Events · Earnings and Guidance · TXN
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Q2 Revenue and EPS Beat
Revenue of $5.46 billion, up 23% year-over-year, exceeded the $5.25 billion consensus. Diluted EPS of $2.14 also beat estimates.
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Q3 EPS Guidance In Line
The company guided Q3 EPS to a range of $2.23 to $2.57, bracketing current analyst expectations.
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Silicon Labs Acquisition Update
The $7.5 billion all-cash acquisition of Silicon Labs is expected to close in the first half of 2027. A $5 billion delayed draw term loan facility has been arranged to fund the deal.
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Strong Free Cash Flow
Trailing 12-month free cash flow reached $6.5 billion, highlighting the company's robust cash generation.
Analysis · TXN · Manufacturing
Texas Instruments delivered a strong second quarter, with revenue up 23% year-over-year to $5.46 billion, beating the $5.25 billion consensus. Diluted EPS of $2.14 also topped estimates. The company issued Q3 EPS guidance of $2.23 to $2.57, bracketing current analyst expectations. The results were driven by broad-based demand, particularly in industrial, data center, and automotive markets. The filing also updates on the planned $7.5 billion acquisition of Silicon Labs, expected to close in the first half of 2027, and notes a new $5 billion delayed draw term loan facility to fund the deal. Free cash flow for the trailing 12 months reached $6.5 billion, underscoring the company's cash generation capability.
At the time of this filing, TXN was trading at $283.89 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $258.4B. The 52-week trading range was $152.73 to $334.03. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.