TI 10-Q Details Q3 Revenue of $6.06B, 64.2% Gross Margin and $8.4B Trailing Free Cash Flow
TXN sits 86% above its 52-week low of $152.73 on light trading volume (0.3× avg).
Summary
TI's Q3 10-Q confirms the results pre-announced October 21: revenue of $6.06B, diluted EPS of $2.62 and gross margin of 64.2%, with $8.4B of trailing free cash flow and the Silicon Labs acquisition still on track for the first half of 2027.
Key Events · Earnings and Guidance · TXN
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Q3 Revenue Up 28% to $6.06B
Revenue rose $1.31B, or 28%, from $4.742B a year ago, driven by Analog ($4.911B, +32%) and Embedded Processing ($858M, +21%).
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Gross Margin Jumps to 64.2%
Gross profit of $3.887B was 64.2% of revenue versus 57.4% a year ago; operating profit was $2.874B, or 47.5% of revenue, versus 35.1%.
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Free Cash Flow $8.4B Trailing
Trailing-12-month operating cash flow was $9.896B and free cash flow $8.422B after $2.578B of capex and $1.104B of CHIPS Act proceeds, versus $2.415B a year ago.
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Silicon Labs Deal Still On Track
The $231.00-per-share all-cash acquisition (~$7.5B enterprise value) is expected to close in the first half of 2027; the $5B delayed draw term loan was undrawn at quarter end.
Analysis · TXN · Manufacturing
The headline numbers were already out on October 21, but the 10-Q is where the quality of the quarter becomes visible: gross margin jumped to 64.2% from 57.4% as 300mm capacity absorbed the demand recovery, and trailing-12-month free cash flow reached $8.4B against $2.4B a year ago. Cash plus short-term investments of $8.14B and an undrawn $5B term loan leave the $7.5B Silicon Labs deal fully funded without new equity. The one thing to track is the $2B-$3B 2026 capex plan against the demand recovery; the filing reaffirms it.
How filings like this one have moved
In the 30 days to Oct 23, 2026, 29.4% of the 1556 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TXN was trading at $284.10 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $259.4B. 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.