Texas Instruments Q2 Earnings Beat Estimates, Q3 Outlook Above Consensus

Texas Instruments (TXN) reported stronger-than-expected second-quarter results for fiscal 2026.

Earnings per share came in at $2.14, surpassing the analyst consensus of $1.93. Revenue reached $5.46 billion, above the $5.24 billion estimate. Analog revenue was $4.37 billion versus the $4.23 billion forecast. Operating profit totaled $2.31 billion, beating the $2.11 billion estimate. Free cash flow was $2.74 billion, well above the expected $1.82 billion, while capital expenditure was $514 million, lower than the $676.3 million estimate.

For the third quarter, the company guided EPS in the range of $2.23 to $2.57, with revenue of $5.65 billion to $6.15 billion, compared to the consensus estimate of $5.62 billion.