Texas Instruments (TXN) earnings report card

The latest results graded A to F: sales, earnings per share and profit margin against what analysts expected and against a year ago, with a plain-English take.

B+
TXN · Texas Instruments
Q3 2026 results · reported Wed, 21 Oct 2026
Score 76/100
Our take

A solid quarter: sales beat forecasts by 1.3%.

  • Sales beat forecasts by 1.3%.
  • Profit per share came in 7% above forecasts.
  • Operating margin widened 12.4 points: it's keeping more of each dollar of sales.
ActualExpectedDifference
Revenue$6.05bn$5.98bn▲ +1.3% beat
Earnings per share$2.62$2.44▲ +7% beat
Net profit margin39.5%37.3%▲ +2.2 pts
Compared with a year ago
Operating margin +12.4 ptsShare price on the day −1.8%
The quarter in detailThis quarterA year agoChange
Gross margin64.2%57.4%▲ +6.8 pts
Operating margin47.5%35.1%▲ +12.4 pts
Net margin40.0%28.8%▲ +11.3 pts
Revenue vs the quarter before$6.05bn$5.46bn (quarter before)▲ +10.8%
How the grade is worked out
Revenue vs forecast15.1 / 20+1.3%: +2.5% or more scores full marks, −2.5% or worse scores nothing
EPS vs forecast13.7 / 20+7%: +20% or more scores full marks, −20% or worse scores nothing
Margin vs forecast13.1 / 15+2.2 pts: 3 points or more above forecast scores full marks

Score = points ÷ points available × 100, using whatever figures are known. A from 80, B from 65, C from 50, D from 35, F below; + and − mark the top and bottom of each band. The share price reaction is shown but doesn't count towards the grade.

Expected = analysts' average forecast before the results. Net margin vs forecast uses earnings per share × diluted shares; the quarter in detail uses the company's SEC filing once it's out. A grade of what was reported, not a recommendation.

Reported 21 Oct 2026 · Sources: Finnhub (results and analyst forecasts), SEC EDGAR (company filings)

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