NASDAQ$TXN
Texas Instruments Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Texas Instruments reported a decrease in revenue due to weakness in the automotive market, but net income increased.
Texas Instruments reported Q2 2020 revenue of $3.24 billion, a 12% decrease year-over-year, primarily due to weakness in the automotive market. Net income increased by 6% to $1.38 billion, with earnings per share of $1.48, including a 33-cent benefit from items outside the company's original guidance.
- Revenue decreased 12% from the same quarter a year ago, driven primarily by weakness in the automotive market.
- Analog revenue declined 4% and Embedded Processing declined 31% from the same quarter a year ago.
- Cash flow from operations for the trailing 12 months was $6.3 billion, and free cash flow was $5.7 billion, representing 42% of revenue.
- Returned $6.7 billion to owners in the past 12 months through stock repurchases and dividends.
Headline financials
Revenue & EPS history
Texas Instruments · Revenue · Quarterly
$3.24B
Revenue by segment
Texas Instruments · $3.24B total across 3 segments · Q2 2020
- Analog$2.43B-3.9%75.1%
- Embedded Processing$546M-30.9%16.9%
- Other$259M-24.7%8.0%
Forward guidance
TI’s third quarter outlook is for revenue in the range of $3.26 billion to $3.54 billion, and earnings per share between $1.14 and $1.34.
Tailwinds
- Revenue between $3.26 billion and $3.54 billion
- EPS between $1.14 and $1.34
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.1%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+1.8%
Avg return
30 days after
48%
35 / 73 earnings
Positive
+10.8%
Q3 2015
Best reaction
-9.1%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +12.1% | +31.0% | |
| Q4 2025 | +1.1% | +14.4% | +7.9% | |
| Q3 2025 | +2.9% | -6.3% | -11.9% | |
| Q2 2025 | -1.0% | -4.5% | +5.8% | |
| Q1 2025 | +6.6% | +5.7% | +15.9% | |
| Q4 2024 | -7.5% | -10.1% | +0.7% | |
| Q3 2024 | +3.0% | +5.7% | +1.2% | |
| Q2 2024 | -3.7% | -1.9% | -1.0% | |
| Q1 2024 | +7.0% | +8.6% | +20.7% | |
| Q4 2023 | -2.7% | -6.1% | -5.4% | |
| Q3 2023 | -3.1% | -2.2% | +5.2% | |
| Q2 2023 | -4.3% | -3.0% | -10.0% | |
| Q1 2023 | -6.5% | -4.9% | -3.6% | |
| Q4 2022 | -1.8% | -1.6% | -3.6% | |
| Q3 2022 | -2.3% | -0.2% | +10.7% | |
| Q2 2022 | +5.1% | +9.6% | +8.6% | |
| Q1 2022 | -2.6% | -2.1% | +0.1% | |
| Q4 2021 | -0.0% | -0.6% | -4.9% | |
| Q3 2021 | -6.5% | -6.4% | -3.3% | |
| Q2 2021 | -2.1% | +0.3% | -1.5% | |
| Q1 2021 | -5.0% | -5.7% | -1.2% | |
| Q4 2020 | -5.8% | -4.2% | -1.4% | |
| Q3 2020 | -3.1% | -0.5% | +4.3% | |
| Q2 2020 | -3.0% | -5.1% | +1.5% | |
| Q1 2020 | +0.4% | +2.2% | +1.7% | |
| Q4 2019 | +2.6% | -3.5% | -1.8% | |
| Q3 2019 | -9.1% | -8.0% | -11.3% | |
| Q2 2019 | +9.2% | +8.4% | +5.9% | |
| Q1 2019 | +3.0% | +2.0% | -7.9% | |
| Q4 2018 | +5.7% | +6.3% | +11.1% | |
| Q3 2018 | -7.7% | -9.2% | -3.6% | |
| Q2 2018 | -1.3% | -1.8% | -2.0% | |
| Q1 2018 | +5.0% | +4.5% | +12.9% | |
| Q4 2017 | -8.2% | -4.8% | -13.0% | |
| Q3 2017 | -0.4% | +1.3% | +1.9% | |
| Q2 2017 | +2.0% | -0.3% | +0.4% | |
| Q1 2017 | +0.0% | -2.3% | -0.4% | |
| Q4 2016 | +3.8% | +3.0% | +1.9% | |
| Q3 2016 | -0.7% | -0.5% | +4.5% | |
| Q2 2016 | +9.1% | +6.5% | +6.7% | |
| Q1 2016 | -1.2% | — | — | |
| Q4 2015 | +0.8% | — | — | |
| Q3 2015 | +10.8% | — | — | |
| Q2 2015 | +0.6% | — | — | |
| Q1 2015 | -5.9% | — | — | |
| Q4 2014 | -0.4% | — | — | |
| Q3 2014 | +7.1% | — | — | |
| Q2 2014 | +0.6% | — | — | |
| Q1 2014 | +4.0% | — | — | |
| Q4 2013 | +2.7% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | +4.5% | — | — | |
| Q1 2013 | +4.2% | — | — | |
| Q4 2012 | -1.3% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | -2.5% | — | — | |
| Q1 2012 | -3.4% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2011 | +1.3% | — | — | |
| Q2 2011 | -6.2% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | +0.5% | — | — | |
| Q3 2010 | +4.9% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q1 2009 | -2.1% | — | — | |
| Q1 2010 | +0.1% | — | — | |
| Q4 2007 | +0.1% | — | — | |
| Q4 2009 | +0.1% | — | — | |
| Q3 2008 | -2.0% | — | — | |
| Q3 2009 | -2.0% | — | — | |
| Q2 2009 | -0.2% | — | — | |
| Q4 2008 | -0.2% | — | — | |
| Q2 2008 | -0.2% | — | — |
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