Q1 26 EPS
$1.68
Q1 26 Revenue
$4.83B
BEAT +6.58%
Est. $4.53B
vs S&P Since Q1 26
+18.4%
BEATING MARKET
TXN +20.1% vs S&P +1.7%
Market Reaction
Did TXN Beat Earnings? Q1 2026 Results
Texas Instruments delivered a standout first quarter for fiscal 2026, posting revenue of $4.83 billion, up 18.6% year over year and well ahead of the $4.53 billion consensus estimate, while diluted EPS of $1.68 beat the $1.36 Wall Street forecast by … Read more Texas Instruments delivered a standout first quarter for fiscal 2026, posting revenue of $4.83 billion, up 18.6% year over year and well ahead of the $4.53 billion consensus estimate, while diluted EPS of $1.68 beat the $1.36 Wall Street forecast by 23.15%, driven by surging demand in industrial and data center end markets. The Analog segment, TI's largest business, led the charge with revenue of $3.92 billion, up 22% year over year, while Embedded Processing added $723 million, up 12%, contributing to a 37% jump in operating profit to $1.81 billion as the company captured meaningful operating leverage. Investors had been watching closely for signs that the AI-driven data center boom was sustainably lifting TI's bottom line, and the quarter offered a compelling answer. Cash flow from operations strengthened sharply to $1.52 billion from $849 million a year ago, with moderating capital expenditures amplifying free cash flow. Management guided Q2 revenue of $5.00 billion to $5.40 billion and EPS of $1.77 to $2.05, signaling continued momentum ahead.
Key Takeaways
- • Revenue growth led by industrial and data center end markets
- • Benefits of 300mm wafer production driving cost advantages
- • Strong operating leverage with operating profit growing 37% YoY
- • Analog segment operating profit up 36% YoY
- • Embedded Processing operating profit up 205% YoY
TXN Forward Guidance & Outlook
For Q2 2026, TI guided revenue in the range of $5.00 billion to $5.40 billion and earnings per share between $1.77 and $2.05. Growth in Q1 was led by industrial and data center end markets, and the Q2 outlook implies continued sequential and year-over-year revenue expansion.
TXN YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
TXN Revenue by Segment
With YoY comparisons, source: SEC Filings
“Revenue increased 9% sequentially and 19% from the same quarter a year ago with growth led by industrial and data center.”
— Haviv Ilan, Q1 2026 Earnings Press Release
TXN Earnings Trends
TXN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TXN EPS Trend
Earnings per share: estimate vs actual
TXN Revenue Trend
Quarterly revenue: estimate vs actual
TXN Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.68 | — | $4.83B | +6.58% |
| Q4 25 MISS FY | $1.31 | $1.27 | -3.05% | $4.42B | -0.14% |
| FY Full Year | $5.48 | $5.45 | -0.48% | $17.68B | -0.03% |
| Q3 25 MISS | $1.48 | $1.48 | -0.24% | $4.74B | +2.25% |
| Q2 25 BEAT | $1.33 | $1.41 | +6.36% | $4.45B | +3.22% |
| Q1 25 BEAT | $1.06 | $1.28 | +20.21% | $4.07B | +4.04% |