Texas Instruments Inc
NASDAQ:TXN
Income Statement
Earnings Waterfall
Texas Instruments Inc
Revenue
|
17.5B
USD
|
Cost of Revenue
|
-6.5B
USD
|
Gross Profit
|
11B
USD
|
Operating Expenses
|
-3.7B
USD
|
Operating Income
|
7.3B
USD
|
Other Expenses
|
-854m
USD
|
Net Income
|
6.5B
USD
|
Income Statement
Texas Instruments Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
12 204
N/A
|
12 302
+1%
|
12 547
+2%
|
12 804
+2%
|
13 045
+2%
|
13 212
+1%
|
13 152
0%
|
13 080
-1%
|
13 000
-1%
|
12 858
-1%
|
12 899
+0%
|
13 145
+2%
|
13 370
+2%
|
13 764
+3%
|
14 184
+3%
|
14 625
+3%
|
14 961
+2%
|
15 348
+3%
|
15 672
+2%
|
15 817
+1%
|
15 784
0%
|
15 589
-1%
|
15 240
-2%
|
14 750
-3%
|
14 383
-2%
|
14 118
-2%
|
13 689
-3%
|
13 735
+0%
|
14 461
+5%
|
15 421
+7%
|
16 762
+9%
|
17 588
+5%
|
18 344
+4%
|
18 960
+3%
|
19 592
+3%
|
20 190
+3%
|
20 028
-1%
|
19 502
-3%
|
18 821
-3%
|
18 112
-4%
|
17 519
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 853)
|
(5 718)
|
(5 652)
|
(5 644)
|
(5 629)
|
(5 584)
|
(5 521)
|
(5 493)
|
(5 425)
|
(5 270)
|
(5 185)
|
(5 144)
|
(5 113)
|
(5 192)
|
(5 245)
|
(5 314)
|
(5 347)
|
(5 431)
|
(5 510)
|
(5 507)
|
(5 507)
|
(5 498)
|
(5 408)
|
(5 276)
|
(5 219)
|
(5 127)
|
(4 976)
|
(5 015)
|
(5 192)
|
(5 443)
|
(5 789)
|
(5 916)
|
(5 968)
|
(5 939)
|
(6 023)
|
(6 156)
|
(6 257)
|
(6 310)
|
(6 344)
|
(6 437)
|
(6 500)
|
|
Gross Profit |
6 351
N/A
|
6 584
+4%
|
6 895
+5%
|
7 160
+4%
|
7 416
+4%
|
7 628
+3%
|
7 631
+0%
|
7 587
-1%
|
7 575
0%
|
7 588
+0%
|
7 714
+2%
|
8 001
+4%
|
8 257
+3%
|
8 572
+4%
|
8 939
+4%
|
9 311
+4%
|
9 614
+3%
|
9 917
+3%
|
10 162
+2%
|
10 310
+1%
|
10 277
0%
|
10 091
-2%
|
9 832
-3%
|
9 474
-4%
|
9 164
-3%
|
8 991
-2%
|
8 713
-3%
|
8 720
+0%
|
9 269
+6%
|
9 978
+8%
|
10 973
+10%
|
11 672
+6%
|
12 376
+6%
|
13 021
+5%
|
13 569
+4%
|
14 034
+3%
|
13 771
-2%
|
13 192
-4%
|
12 477
-5%
|
11 675
-6%
|
11 019
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 700)
|
(3 666)
|
(3 625)
|
(3 586)
|
(3 520)
|
(3 452)
|
(3 422)
|
(3 377)
|
(3 324)
|
(3 302)
|
(3 306)
|
(3 351)
|
(3 417)
|
(3 462)
|
(3 479)
|
(3 471)
|
(3 520)
|
(3 530)
|
(3 543)
|
(3 542)
|
(3 561)
|
(3 545)
|
(3 531)
|
(3 522)
|
(3 477)
|
(3 403)
|
(3 379)
|
(3 366)
|
(3 351)
|
(3 389)
|
(3 399)
|
(3 402)
|
(3 362)
|
(3 317)
|
(3 289)
|
(3 304)
|
(3 374)
|
(3 490)
|
(3 592)
|
(3 653)
|
(3 688)
|
|
Selling, General & Administrative |
(1 856)
|
(1 876)
|
(1 877)
|
(1 875)
|
(1 843)
|
(1 803)
|
(1 801)
|
(1 772)
|
(1 728)
|
(1 730)
|
(1 714)
|
(1 722)
|
(1 742)
|
(1 740)
|
(1 720)
|
(1 690)
|
(1 694)
|
(1 688)
|
(1 695)
|
(1 679)
|
(1 684)
|
(1 665)
|
(1 644)
|
(1 647)
|
(1 645)
|
(1 648)
|
(1 629)
|
(1 637)
|
(1 623)
|
(1 631)
|
(1 655)
|
(1 660)
|
(1 666)
|
(1 663)
|
(1 660)
|
(1 679)
|
(1 704)
|
(1 756)
|
(1 795)
|
(1 816)
|
(1 825)
|
|
Research & Development |
(1 522)
|
(1 469)
|
(1 429)
|
(1 393)
|
(1 358)
|
(1 330)
|
(1 301)
|
(1 285)
|
(1 267)
|
(1 251)
|
(1 272)
|
(1 309)
|
(1 356)
|
(1 403)
|
(1 440)
|
(1 462)
|
(1 508)
|
(1 524)
|
(1 530)
|
(1 545)
|
(1 559)
|
(1 563)
|
(1 569)
|
(1 558)
|
(1 544)
|
(1 532)
|
(1 521)
|
(1 528)
|
(1 530)
|
(1 539)
|
(1 551)
|
(1 553)
|
(1 554)
|
(1 559)
|
(1 582)
|
(1 625)
|
(1 670)
|
(1 734)
|
(1 797)
|
(1 837)
|
(1 863)
|
|
Depreciation & Amortization |
(322)
|
(321)
|
(319)
|
(318)
|
(319)
|
(319)
|
(320)
|
(320)
|
(329)
|
(321)
|
(320)
|
(320)
|
(319)
|
(319)
|
(319)
|
(319)
|
(318)
|
(318)
|
(318)
|
(318)
|
(318)
|
(317)
|
(318)
|
(317)
|
(288)
|
(259)
|
(229)
|
(201)
|
(198)
|
(195)
|
(193)
|
(189)
|
(142)
|
(95)
|
(47)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
36
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2 651
N/A
|
2 918
+10%
|
3 270
+12%
|
3 574
+9%
|
3 896
+9%
|
4 176
+7%
|
4 209
+1%
|
4 210
+0%
|
4 251
+1%
|
4 286
+1%
|
4 408
+3%
|
4 650
+5%
|
4 840
+4%
|
5 110
+6%
|
5 460
+7%
|
5 840
+7%
|
6 094
+4%
|
6 387
+5%
|
6 619
+4%
|
6 768
+2%
|
6 716
-1%
|
6 546
-3%
|
6 301
-4%
|
5 952
-6%
|
5 687
-4%
|
5 588
-2%
|
5 334
-5%
|
5 354
+0%
|
5 918
+11%
|
6 589
+11%
|
7 574
+15%
|
8 270
+9%
|
9 014
+9%
|
9 704
+8%
|
10 280
+6%
|
10 730
+4%
|
10 397
-3%
|
9 702
-7%
|
8 885
-8%
|
8 022
-10%
|
7 331
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(95)
|
(97)
|
(97)
|
(96)
|
(76)
|
(91)
|
(91)
|
(90)
|
(90)
|
(90)
|
(87)
|
(83)
|
(80)
|
(76)
|
(75)
|
(76)
|
(78)
|
(83)
|
(93)
|
(110)
|
(125)
|
(140)
|
(154)
|
(161)
|
(170)
|
(177)
|
(181)
|
(187)
|
(190)
|
(191)
|
(187)
|
(183)
|
(184)
|
(190)
|
(195)
|
(203)
|
(214)
|
(230)
|
(270)
|
(315)
|
(353)
|
|
Non-Reccuring Items |
181
|
209
|
(67)
|
(40)
|
51
|
39
|
34
|
22
|
71
|
62
|
61
|
63
|
15
|
13
|
12
|
12
|
(11)
|
(8)
|
(8)
|
(8)
|
(3)
|
(2)
|
37
|
38
|
36
|
0
|
(24)
|
(24)
|
(24)
|
0
|
0
|
0
|
(54)
|
(120)
|
(186)
|
(263)
|
(257)
|
(191)
|
(125)
|
(48)
|
0
|
|
Total Other Income |
17
|
21
|
24
|
31
|
3
|
19
|
19
|
22
|
(16)
|
(32)
|
(43)
|
(58)
|
155
|
188
|
222
|
251
|
75
|
82
|
80
|
83
|
98
|
106
|
134
|
145
|
175
|
164
|
211
|
204
|
313
|
334
|
308
|
296
|
143
|
112
|
46
|
64
|
106
|
171
|
283
|
378
|
440
|
|
Pre-Tax Income |
2 754
N/A
|
3 051
+11%
|
3 130
+3%
|
3 469
+11%
|
3 874
+12%
|
4 143
+7%
|
4 171
+1%
|
4 164
0%
|
4 216
+1%
|
4 226
+0%
|
4 339
+3%
|
4 572
+5%
|
4 930
+8%
|
5 235
+6%
|
5 619
+7%
|
6 027
+7%
|
6 080
+1%
|
6 378
+5%
|
6 598
+3%
|
6 733
+2%
|
6 686
-1%
|
6 510
-3%
|
6 318
-3%
|
5 974
-5%
|
5 728
-4%
|
5 575
-3%
|
5 340
-4%
|
5 347
+0%
|
6 017
+13%
|
6 732
+12%
|
7 695
+14%
|
8 383
+9%
|
8 919
+6%
|
9 506
+7%
|
9 945
+5%
|
10 328
+4%
|
10 032
-3%
|
9 452
-6%
|
8 773
-7%
|
8 037
-8%
|
7 418
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(592)
|
(764)
|
(820)
|
(962)
|
(1 053)
|
(1 153)
|
(1 168)
|
(1 189)
|
(1 230)
|
(1 185)
|
(1 175)
|
(1 188)
|
(1 335)
|
(1 354)
|
(1 501)
|
(1 642)
|
(2 339)
|
(2 313)
|
(2 193)
|
(2 033)
|
(1 150)
|
(1 078)
|
(977)
|
(788)
|
(711)
|
(601)
|
(291)
|
(370)
|
(422)
|
(558)
|
(970)
|
(1 064)
|
(1 150)
|
(1 289)
|
(1 368)
|
(1 403)
|
(1 283)
|
(1 196)
|
(1 086)
|
(936)
|
(908)
|
|
Income from Continuing Operations |
2 162
|
2 287
|
2 310
|
2 507
|
2 821
|
2 990
|
3 003
|
2 975
|
2 986
|
3 041
|
3 164
|
3 384
|
3 595
|
3 881
|
4 118
|
4 385
|
3 741
|
4 065
|
4 405
|
4 700
|
5 536
|
5 432
|
5 341
|
5 186
|
5 017
|
4 974
|
5 049
|
4 977
|
5 595
|
6 174
|
6 725
|
7 319
|
7 769
|
8 217
|
8 577
|
8 925
|
8 749
|
8 256
|
7 687
|
7 101
|
6 510
|
|
Net Income (Common) |
2 125
N/A
|
2 249
+6%
|
2 273
+1%
|
2 468
+9%
|
2 777
+13%
|
2 945
+6%
|
2 958
+0%
|
2 932
-1%
|
2 944
+0%
|
2 999
+2%
|
3 122
+4%
|
3 342
+7%
|
3 551
+6%
|
3 837
+8%
|
4 074
+6%
|
4 341
+7%
|
3 649
-16%
|
4 017
+10%
|
4 365
+9%
|
4 649
+7%
|
5 538
+19%
|
5 392
-3%
|
5 295
-2%
|
5 154
-3%
|
4 986
-3%
|
4 946
-1%
|
5 022
+2%
|
4 952
-1%
|
5 568
+12%
|
6 145
+10%
|
6 696
+9%
|
7 287
+9%
|
7 736
+6%
|
8 183
+6%
|
8 540
+4%
|
8 886
+4%
|
8 710
-2%
|
8 218
-6%
|
7 650
-7%
|
7 065
-8%
|
6 477
-8%
|
|
EPS (Diluted) |
1.92
N/A
|
2.06
+7%
|
2.09
+1%
|
2.29
+10%
|
2.57
+12%
|
2.76
+7%
|
2.81
+2%
|
2.83
+1%
|
2.82
0%
|
2.93
+4%
|
3.06
+4%
|
3.26
+7%
|
3.48
+7%
|
3.76
+8%
|
4
+6%
|
4.3
+8%
|
3.6
-16%
|
3.99
+11%
|
4.37
+10%
|
4.7
+8%
|
5.59
+19%
|
5.64
+1%
|
5.55
-2%
|
5.42
-2%
|
5.24
-3%
|
5.24
N/A
|
5.41
+3%
|
5.33
-1%
|
5.97
+12%
|
6.57
+10%
|
7.14
+9%
|
7.79
+9%
|
8.26
+6%
|
8.75
+6%
|
9.18
+5%
|
9.62
+5%
|
9.41
-2%
|
8.97
-5%
|
8.35
-7%
|
7.71
-8%
|
7.07
-8%
|