TI(US:TXN)2025-10-21 20:05Financial Performance - Revenue for Q3 2025 was $4.74 billion, a 14% increase from $4.15 billion in Q3 2024[4] - Net income for Q3 2025 was $1.36 billion, slightly up from $1.36 billion in Q3 2024[4] - Earnings per share for Q3 2025 were $1.48, a 1% increase from $1.47 in Q3 2024[4] - Revenue for the twelve months ended September 30, 2025, reached $17,266 million, up from $15,711 million in 2024[18] Cash Flow and Shareholder Returns - Cash flow from operations for the trailing 12 months was $6.9 billion, with free cash flow at $2.4 billion[2] - Total cash returned to shareholders in the trailing 12 months was $6.56 billion, a 26% increase from $5.19 billion[6] - Dividends paid in Q3 2025 amounted to $1.24 billion, with stock repurchases totaling $119 million, reflecting a 253% increase from the previous year[6] - Cash flow from operations for the three months ended September 30, 2025, was $2,190 million, a 10% increase compared to $2,000 million for the same period in 2024[18] - Free cash flow (non-GAAP) for the twelve months ended September 30, 2025, was $2,415 million, representing a 65% increase from $1,468 million in the previous year[18] - Free cash flow as a percentage of revenue was 14.0%, up from 9.3% in the previous year[5] - Cash flow from operations as a percentage of revenue (GAAP) was 39.9% for the twelve months ended September 30, 2025, compared to 39.7% in 2024[18] - Free cash flow as a percentage of revenue (non-GAAP) increased to 14.0% for the twelve months ended September 30, 2025, from 9.3% in 2024[18] Future Outlook - TI's fourth quarter revenue outlook is projected to be between $4.22 billion and $4.58 billion, with earnings per share guidance of $1.13 to $1.39[2] Segment Performance - Analog segment revenue increased by 16% to $3.73 billion, while Embedded Processing revenue grew by 9% to $709 million[15] Investments and Incentives - R&D and SG&A investments over the past 12 months totaled $3.9 billion, with capital expenditures at $4.8 billion[2] - Proceeds from CHIPS Act incentives amounted to $75 million for the three months ended September 30, 2025, and $335 million for the twelve months ended September 30, 2025[18] Market and Operational Insights - The company emphasizes the importance of market demand for semiconductors, particularly in the industrial and automotive sectors, as a key factor influencing future performance[22] - The company is focused on developing innovative products and implementing new manufacturing technologies to maintain competitiveness in a rapidly changing technological environment[22] - The company acknowledges risks related to global trade policies and economic conditions that could impact its operations and market demand[22] - Texas Instruments is committed to making electronics more affordable through semiconductors, aiming for continuous innovation and improvement in technology[23]