Texas Instruments Incorporated (TXN) quarterly cash flow statement — complete operating, investing & financing history
Texas Instruments Incorporated (TXN) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 3.42B | 2.7B | 1.52B | 2.25B | 2.19B | 1.86B | 849M | 2B | 1.73B | 1.57B | 1.02B | 1.92B | 1.94B | 1.4B | 1.16B | 2.04B | 2.77B | 1.77B | 2.14B | 2.36B |
| Operating CF Margin % | 56.47% | 49.48% | 31.5% | 50.96% | 46.18% | 41.82% | 20.87% | 49.86% | 41.72% | 41.1% | 27.78% | 47.19% | 42.74% | 30.88% | 26.49% | 43.73% | 52.78% | 33.92% | 43.71% | 48.78% |
| Operating CF Growth % | 56.12% | 45.32% | 79.03% | 12.81% | 26.44% | 18.4% | -16.52% | 3.85% | -10.58% | 12.29% | -12.33% | -5.78% | -29.97% | -20.87% | -45.9% | -13.36% | 13.92% | -16.64% | 15.89% | 10.92% |
| Net Income | 2.42B | 1.98B | 1.54B | 1.16B | 1.36B | 1.29B | 1.18B | 1.21B | 1.35B | 1.13B | 1.1B | 1.37B | 1.71B | 1.72B | 1.71B | 1.96B | 2.29B | 2.29B | 2.2B | 2.14B |
| Depreciation & Amortization | 555M | 568M | 562M | 597M | 497M | 481M | 424M | 435M | 402M | 381M | 362M | 337M | 320M | 300M | 281M | 263M | 262M | 240M | 214M | 213M |
| Stock-Based Compensation | 95M | 127M | 109M | 210M | 93M | 129M | 116M | 78M | 87M | 116M | 106M | 68M | 79M | 111M | 104M | 62M | 68M | 85M | 74M | 50M |
| Deferred Taxes | -26M | -62M | -4M | 115M | 3M | -50M | -87M | -21M | -33M | -85M | -71M | -140M | -99M | -52M | -8M | -173M | -3M | -14M | -1M | -4M |
| Other Non-Cash Items | 370M | 41M | -1M | -66M | 20M | 20M | -59M | 1M | -32M | 3M | -124M | 8M | -66M | -172M | -62M | -63M | -29M | -173M | -28M | 7M |
| Working Capital Changes | 0 | 49M | -691M | 235M | 213M | -15M | -724M | 300M | -47M | 29M | -356M | 280M | -6M | -510M | -863M | -9M | 173M | -661M | -316M | -47M |
| Change in Receivables | -100M | -275M | -282M | 99M | -128M | -74M | -141M | 143M | -151M | -40M | 116M | 189M | -20M | -79M | 18M | 145M | 150M | -395M | -94M | -48M |
| Change in Inventory | -67M | 90M | 109M | 25M | -17M | -125M | -160M | -231M | -190M | -23M | -84M | -91M | -179M | -441M | -531M | -353M | -205M | -139M | -150M | -47M |
| Change in Payables | 75M | 101M | -125M | 20M | 86M | 92M | -121M | 87M | 13M | 102M | -77M | -10M | 27M | 74M | -124M | 34M | 42M | 19M | 11M | -54M |
| Cash from Investing | -987M | -1.7B | -47M | -676M | -681M | -1.33B | 1.25B | 614M | -487M | 0 | -3.33B | -311M | -1.69B | -2.38B | 28M | -1.03B | -2.11B | 1.23B | -1.67B | -2.23B |
| Capital Expenditures | -463M | -514M | -676M | -925M | -1.2B | -1.3B | -1.12B | -1.19B | -1.32B | -1.06B | -1.25B | -1.15B | -1.5B | -1.45B | -982M | -967M | -790M | -597M | -443M | -1.28B |
| CapEx % of Revenue | 7.65% | 9.41% | 14.01% | 20.91% | 25.24% | 29.34% | 27.6% | 29.75% | 31.7% | 27.84% | 34.09% | 28.16% | 32.99% | 31.91% | 22.43% | 20.71% | 15.07% | 11.45% | 9.03% | 26.53% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 192M | -3M | 1M | 1M | 1M | 0 | 0 | 1M | 2M | 68M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.45B | 583M | 521M | -316M | 61M | 31M | 216M | -11M | -26M | 30M | -40M | -6M | -5M | 42M | -4M | -22M | -10M | 82M | -13M | -26M |
| Cash from Financing | -1.88B | -890M | -1.15B | -1.66B | -1.24B | -244M | -2.54B | -2B | -1.4B | -1.31B | 1.83B | -1.22B | -1.12B | -52M | 239M | -1.13B | -1.29B | -2.7B | -1.6B | -1.16B |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 1.2B | -750M | -300M | 0 | -300M | 2.98B | 0 | 0 | 1.1B | 1.4B | 799M | 695M | -500M | 0 | 0 |
| Equity Issued (Net) | 0 | 418M | 151M | -361M | 6M | -187M | -535M | -450M | -201M | 177M | 62M | -20M | 22M | -14M | -18M | -798M | -918M | -1.13B | -532M | -90M |
| Dividends Paid | -1.3B | -1.29B | -1.29B | -1.29B | -1.24B | -1.24B | -1.24B | -1.24B | -1.19B | -1.19B | -1.18B | -1.18B | -1.13B | -1.13B | -1.13B | -1.12B | -1.05B | -1.06B | -1.06B | -1.06B |
| Share Repurchases | 0 | -27M | -158M | -403M | -119M | -302M | -653M | -537M | -318M | -71M | -3M | -65M | -46M | -79M | -103M | -848M | -996M | -1.18B | -589M | -142M |
| Other Financing | -583M | -13M | -9M | -13M | -12M | -21M | -16M | -11M | -8M | -6M | -28M | -14M | -12M | -16M | -15M | -12M | -12M | -10M | -7M | -8M |
| Net Change in Cash | 551M | 111M | 324M | -86M | 267M | 281M | -437M | 611M | -151M | 257M | -481M | 398M | -873M | -1.04B | 1.43B | -119M | -633M | 297M | -1.13B | -1.03B |
| Free Cash Flow | 2.96B | 2.19B | 844M | 1.33B | 993M | 555M | -274M | 806M | 416M | 507M | -231M | 776M | 442M | -47M | 178M | 1.07B | 1.98B | 1.17B | 1.7B | 1.07B |
| FCF Margin % | 48.82% | 40.07% | 17.49% | 30.05% | 20.94% | 12.48% | -6.73% | 20.11% | 10.02% | 13.27% | -6.31% | 19.03% | 9.75% | -1.04% | 4.06% | 23.02% | 37.7% | 22.47% | 34.68% | 22.25% |
| FCF Growth % | 197.68% | 294.41% | 408.03% | 64.89% | 138.7% | 9.47% | -18.61% | 3.87% | -5.88% | 1178.72% | -229.78% | -27.81% | -77.63% | -104.01% | -89.54% | 0% | 1.75% | -32.51% | 10.31% | -43.81% |
| FCF per Share | 3.21 | 2.38 | 0.92 | 1.46 | 1.09 | 0.61 | -0.30 | 0.88 | 0.45 | 0.55 | -0.25 | 0.85 | 0.48 | -0.05 | 0.19 | 1.17 | 2.14 | 1.26 | 1.82 | 1.15 |
| FCF Conversion (FCF/Net Income) | 1.41x | 1.37x | 0.98x | 1.94x | 1.61x | 1.44x | 0.72x | 1.66x | 1.27x | 1.39x | 0.92x | 1.40x | 1.13x | 0.81x | 0.68x | 1.04x | 1.21x | 0.77x | 0.97x | 1.10x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 473M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56M | 220M | 312M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |