Short answer
Texas Instruments (TXN) filed its fiscal 2025 10-K annual report with the SEC on Feb 6, 2026. It reported revenue of $17.7B (+13.0% year over year) and net income of $5.0B.
- Top risk flagged: No geopolitical or macroeconomic threat with concrete exposure detail specified
FY2025 key financial metrics · XBRL
- Revenue
- $17.7B
- +13.0% YoY
- Net income
- $5.0B
- +4.2% YoY
- Operating margin
- 34.1%
- −0.9 pp YoY
- Gross margin
- 57.0%
- −1.1 pp YoY
- EPS (diluted)
- $5.45
- +4.8% YoY
- ROE
- 30.7%
- +2.3 pp YoY
- Operating cash flow
- $7.2B
- +13.2% YoY
Source: XBRL data from the Texas Instruments (TXN) FY2025 10-K on SEC EDGAR. USD.
Texas Instruments FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: Design, manufacture, and market semiconductor products focused on industrial and automotive markets
- Emphasis on new Texas Instruments 2024 Long-Term Incentive Plan with 28.1 million shares available for future issuance
- Strategic sustainability in competitive semiconductor industry amid evolving cybersecurity and technological challenges
- Equity compensation plans include 31.0 million options and rights outstanding at a weighted average exercise price of $151.34
- Highlighted forward-looking risk factors detailed for first time, addressing wide economic, regulatory, and operational uncertainties
Management Discussion & Analysis
- Revenue $17.68B, up $2.04B or 13.0% YoY driven by Analog segment ($14.01B, +15%) and Embedded Processing ($2.70B, +6%)
- Operating margin 34.1% vs 34.9% YoY; Analog margin 38.6% vs 37.9%, Embedded Processing margin 11.3% vs 13.9%; Other segment margin 31.4% vs 53.3%
- Best segment: Analog operating profit $5.41B, +17%; Worst segment: Other operating profit $307M, down 39%
- Operating cash flow $7.15B, free cash flow $2.94B (16.6% of revenue); capex $4.55B; dividends $5.00B; buybacks $1.48B
- 2026 capex guidance $2B-$3B; acquisition announced for Silicon Labs at $7.5B enterprise value; tax rate expected lower due to new U.S. tax law changes
Risk Factors
- No geopolitical or macroeconomic threat with concrete exposure detail specified
- No operational or supply chain vulnerability detailed for Texas Instruments in the section provided
- No competitor or market disruption risk mentioned in the text
Generated from the filing text; verify against the original. How to read a 10-K
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