Texas Instruments Incorporated (TI) reported 28% year-over-year revenue growth for the quarter ended Sept. 30, 2026, and set a fourth-quarter sales range whose lower bound topped two analyst estimates.
TI had been included in EconoTimes’ Oct. 21 earnings preview among companies scheduled to report that day. The company makes analog and embedded-processing chips for industrial, automotive, data-center, personal-electronics and communications markets.
Revenue totaled $6.055 billion, compared with $4.742 billion a year earlier and 11% above the previous quarter. Net income rose 78% to $2.425 billion. Diluted earnings per share increased 77% to $2.62 from $1.48.
Reuters reported third-quarter analyst expectations of $5.92 billion, citing LSEG data; Dow Jones put the estimate at $5.94 billion. For the fourth quarter, Reuters cited an LSEG-compiled average of $5.73 billion, while Dow Jones reported $5.76 billion. The two fourth-quarter estimates differ by $30 million.
Analog revenue came to $4.911 billion, up 32% year over year. Embedded Processing added $858 million, a 21% increase, while Other revenue declined 6% to $286 million. Analog had the highest growth rate among those three reported categories.
Data-center revenue nearly doubled from a year earlier and rose about 20% from the previous quarter, CEO Haviv Ilan said on the earnings call. Industrial revenue increased more than 40% year over year, and automotive revenue grew in the mid-teens. Ilan said demand had spread across end markets and regions, linking it to continued growth in semiconductor content and a cyclical recovery.
TI reported $9.896 billion in cash from operations over the 12 months ending Sept. 30, 2026, and $8.422 billion in free cash flow. Under the company’s definition, free cash flow subtracts capital expenditures from operating cash flow and adds CHIPS Act incentive proceeds.
For the fourth quarter of 2026, TI forecast revenue of $5.80 billion to $6.30 billion and earnings of $2.45 to $2.79 per share. Both reported analyst revenue estimates fall below the lower end of the company’s forecast.
