Texas Instruments Logs Higher 1Q Profit, Revenue -- Update

Published: 2026-04-22 16:49:16 ET TXN

Published on 04/22/2026 at 04:49 pm EDT

By Christopher Kuo

Texas Instruments recorded higher profit and revenue in the fiscal first quarter led by growth in its industrial and data-center businesses.

The semiconductor company on Wednesday also issued guidance for the current quarter that topped Wall Street analysts' expectations.

The company's shares rose 7.9% in after-hours trading to $254.91. The stock closed up 1.3% at $236.31.

Texas Instruments posted a profit of $1.55 billion, or $1.68 a share, compared with $1.18 billion, or $1.28 a share, a year earlier.

Revenue rose 19% to $4.83 billion. Analysts surveyed by FactSet forecast revenue of $4.53 billion.

The company invested $3.9 billion in research and development and selling, general and administrative expenses in the past 12 months. Texas Instruments also invested $4.1 billion in capital expenditures during that time.

The company expects second-quarter revenue in the range of $5.00 billion to $5.40 billion and earnings per share between $1.77 and $2.05. Analysts polled by FactSet are expecting second-quarter revenue of $4.86 billion and earnings of $1.57 a share.

Write to Christopher Kuo at [email protected]

(END) Dow Jones Newswires

04-22-26 1648ET