TI reports third quarter 2025 financial results and shareholder returns

Core Insights - Texas Instruments Incorporated (TI) reported third quarter revenue of $4.74 billion, net income of $1.36 billion, and earnings per share of $1.48, which included a 10-cent reduction not in the original guidance [1][3][6] - The company experienced a 14% year-over-year revenue increase, with growth across all end markets [6][10] - TI's fourth quarter outlook projects revenue between $4.22 billion and $4.58 billion and earnings per share between $1.13 and $1.39 [6] Financial Performance - Revenue for Q3 2025 was $4,742 million, up from $4,151 million in Q3 2024, reflecting a 14% increase [3] - Operating profit increased by 7% to $1,663 million compared to $1,554 million in the same quarter last year [3] - Net income remained stable at $1,364 million, slightly up from $1,362 million year-over-year [3] Cash Flow and Returns - Cash flow from operations for the trailing 12 months was $6.9 billion, with free cash flow at $2.4 billion [6][11] - Free cash flow as a percentage of revenue increased to 14.0% from 9.3% year-over-year [4][12] - Total cash returned to shareholders was $6.56 billion, which includes $4.949 billion in dividends and $1.611 billion in stock repurchases [5][6] Segment Performance - Analog segment revenue reached $3,729 million, a 16% increase from $3,223 million in Q3 2024 [10] - Embedded Processing segment revenue grew by 9% to $709 million, while operating profit slightly decreased by 1% [10] - Other segment revenue increased by 11% to $304 million, but operating profit fell by 47% [10] Investment and R&D - TI invested $3.9 billion in research and development and selling, general, and administrative expenses over the past 12 months [6] - Capital expenditures for the same period totaled $4.8 billion [6]