Texas Instruments profit margin TXN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 34.3%
- Operating margin, 12 months
- 40.8%
- Net margin on a year earlier
- +5.0 pts
- Peer median
- 28.9%
Over the twelve months to Sep 30, 2026, Texas Instruments kept 34.3% of its revenue as net profit, with an operating margin of 40.8%.
Five years earlier its net margin was 41.6%.
The median for 10 semiconductor stocks of a similar size is 28.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 28.3% | 34.1% | 57.0% |
| FY2024 | 30.7% | 34.9% | 58.1% |
| FY2023 | 37.2% | 41.8% | 62.9% |
| FY2022 | 43.7% | 50.6% | 68.8% |
| FY2021 | 42.4% | 48.8% | 67.5% |
| FY2020 | 38.7% | 40.8% | 64.1% |
| FY2019 | 34.9% | 39.8% | 63.7% |
| FY2018 | 35.4% | 42.5% | 65.1% |
| FY2017 | 24.6% | 40.7% | 64.3% |
| FY2016 | 26.9% | 36.3% | 61.8% |
| FY2015 | 23.0% | 32.9% | 58.2% |
| FY2014 | 21.6% | 30.3% | 56.9% |
| FY2013 | 17.7% | 23.2% | 52.1% |
| FY2012 | 13.7% | 15.4% | 49.7% |
| FY2011 | 16.3% | 21.8% | 49.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 34.3% | +5.0 pts | 40.8% | |
| Q2 FY26 | 31.1% | +0.9 pts | 37.3% | |
| Q1 FY26 | 29.1% | −1.3 pts | 35.3% | |
| Q4 FY25 | 28.3% | −2.4 pts | 34.1% | |
| Q3 FY25 | 29.2% | −2.4 pts | 34.3% | |
| Q2 FY25 | 30.2% | −2.8 pts | 34.9% | |
| Q1 FY25 | 30.4% | −4.8 pts | 34.3% | |
| Q4 FY24 | 30.7% | −6.5 pts | 34.9% | |
| Q3 FY24 | 31.6% | −7.6 pts | 35.8% | |
| Q2 FY24 | 33.0% | −7.8 pts | 37.0% | |
| Q1 FY24 | 35.2% | −7.2 pts | 39.8% | |
| Q4 FY23 | 37.2% | −6.5 pts | 41.8% |
Against its peers
Companies in Semiconductors nearest Texas Instruments' size, closest first, today.
| Company | Profit margin |
|---|---|
| TXNTexas Instruments | 34.3% |
| LRCXLam Research | 32.3% |
| AMATApplied Materials | 30.1% |
| MRVLMarvell Technology | 27.9% |
| KLACKLA | 35.6% |
| ADIAnalog Devices | 29.8% |
| QCOMQUALCOMM | 21.0% |
| INTCIntel | −19.8% |
| AMDAdvanced Micro Devices | 15.6% |
| MUMicron Technology | 63.8% |
| TELTE Connectivity | 15.6% |
| Peer median | 28.9% |
Where Texas Instruments ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Texas Instruments
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.