From Startup Fortune · · 1m 10s
Texas Instruments Posts Best Quarter
Texas Instruments reports 28% revenue growth as analog chips rebound.
In brief
Texas Instruments reports 28% revenue growth as analog chips rebound. Texas Instruments earned $2.43 billion in net income for Q3 2026, driven by industrial and automotive demand recovery. Originally reported by Startup Fortune.
Texas Instruments Q3 Results
Texas Instruments reported third-quarter revenue of $6.06 billion on October 21, up 28% from a year ago.
Net Income Surge
Net income reached $2.43 billion, exceeding Wall Street's $2.39 forecast and doubling last year's $1.48.
Chairman's Explanation
Chairman and CEO Haviv Ilan credited broad-based demand across industrial, automotive and data center customers.
Inventory Correction Over
The company's analog chips, which regulate power and sense temperature in factories and cars, have recovered from a two-year inventory correction.
Chip Market Context
Chip stocks fell for eight straight sessions, erasing $1 trillion in value as AI infrastructure spending concerns grew.
Industrial Demand Recovery
Industrial and automotive demand drives a broad recovery, not reliant on hyperscaler spending decisions.
Q4 Outlook
TI forecasts revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79 for Q4 2.026.
Cash Flow Strength
Trailing-twelve-month operating cash flow hit $9.9 billion, with free cash flow of $8.4 billion.
What matters most
Texas Instruments earned $2.43 billion in net income for Q3 2026, driven by industrial and automotive demand recovery.
