Texas Instruments Inc

Texas Instruments delivered a modest earnings miss in Q4 2025, posting adjusted EPS of $1.27 against a consensus estimate of $1.31, a shortfall of 3.05%, while revenue of $4.42 billion came in just $10 million below the $4.43 billion analyst target. The top line still grew 10.4% year-over-year, a sign that TI's cyclical recovery remains intact, but rising costs tied to the company's aggressive 300mm manufacturing capacity buildout weighed on profitability, with depreciation climbing to $537 million from $416 million a year ago and net income slipping 3% despite the revenue gain. The Analog segment provided the clearest bright spot, generating $3.62 billion in revenue, up 14% year-over-year, with operating profit rising 13% to $1.40 billion. Looking ahead, TI guided Q1 2026 revenue between $4.32 billion and $4.68 billion, with EPS expected in the $1.22 to $1.48 range, as investors also monitor the company's planned expansion into AI data center infrastructure through its acquisition of Silicon Labs.