TI(TXN) - 2025 Q1 - Quarterly Report

Financial Performance - First quarter revenue was $4.07 billion, an increase of 11$1.18 billion and EPS of $1.28 [53] - Operating profit for the first quarter was$1.32 billion, representing 32.5% of revenue, compared to 35.1% in the previous year [57] - Analog segment revenue increased by 13% to $3.21 billion, with operating profit rising 20$1.21 billion [61] - Embedded Processing segment revenue decreased by 1% to $647 million, with operating profit dropping 62$40 million due to higher costs [62] Cash Flow and Liquidity - Cash flow from operations for the trailing 12 months was $6.2 billion, with free cash flow of$1.7 billion, reflecting a strong business model [54] - Total cash and cash equivalents at the end of Q1 2025 were $5.01 billion, a decrease of$2.58 billion from the end of 2024 [63] - Free cash flow for the trailing 12 months increased by 82% to $1.72 billion, representing 10.7$1.12 billion, primarily for semiconductor manufacturing equipment [66] - The company expects to benefit from a 25% investment tax credit and up to $1.6 billion in direct funding for large-scale wafer fabs under construction [67] Financing Activities - Financing activities used$2.54 billion, including $1.24 billion in dividends and$653 million for share repurchases [68]