Texas Instruments (TXN) Operating Margin (2009 - 2026)
Texas Instruments (TXN) reported Operating Margin of 47.46% for Q3 2026, up 12.40 percentage points from 35.07% a year earlier and up 5.18 percentage points from the prior quarter.
Texas Instruments (TXN) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Texas Instruments' Operating Margin came in at 40.76%, up 6.44 percentage points year-over-year; for FY2025, it was 34.06%, down 0.88 percentage points from FY2024.
- Operating Margin has declined for three consecutive years, with a five-year change of -6.70 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 34.94% in FY2024 (-6.91 pp), 41.85% in FY2023 (-8.78 pp), 50.63% in FY2022 (+1.78 pp) and 48.84% in FY2021 (+8.09 pp).
- The Q3 2026 figure ranks as the highest quarterly Operating Margin since Q3 2022.
- Year over year, Operating Margin has now increased in each of the last three quarters, with an average year-over-year change of +2.21 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q3 2026 (a gain of 12.40 percentage points); the low point was Q2 2024 (a drop of 10.87 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 42.28% (Q2 2026), 37.47% (Q1 2026) and 33.30% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,516.52 Bn | 4,290.68 Bn | 72.14 Bn | 66.24% |
| 2 | Taiwan Semiconductor Manufacturing | 1,945.01 Bn | 1,569.87 Bn | 27.22 Bn | 60.34% |
| 3 | Broadcom | 1,397.97 Bn | 1,324.02 Bn | 20.46 Bn | 53.92% |
| 4 | Micron Technology | 778.23 Bn | 683.86 Bn | 47.05 Bn | 80.68% |
| 5 | Advanced Micro Devices | 731.93 Bn | 680.14 Bn | 7.21 Bn | 21.17% |
| 6 | Asml Holding | 553.38 Bn | 509.07 Bn | 5.90 Bn | - |
| 7 | Intel | 294.27 Bn | 140.33 Bn | 7.10 Bn | 15.27% |
| 8 | Applied Materials | 264.14 Bn | 229.58 Bn | 4.59 Bn | 33.74% |
| 9 | Texas Instruments | 253.31 Bn | 228.18 Bn | 3.89 Bn | 47.46% |
| 10 | Lam Research | 251.05 Bn | 227.10 Bn | 4.30 Bn | 39.95% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.46% |
| Jun 30, 2026 | 42.28% |
| Mar 31, 2026 | 37.47% |
| Dec 31, 2025 | 33.30% |
| Sep 30, 2025 | 35.07% |
| Jun 30, 2025 | 35.14% |
| Mar 31, 2025 | 32.54% |
| Dec 31, 2024 | 34.36% |
| Sep 30, 2024 | 37.44% |
| Jun 30, 2024 | 32.65% |
| Mar 31, 2024 | 35.13% |
| Dec 31, 2023 | 37.60% |
| Sep 30, 2023 | 41.75% |
| Jun 30, 2023 | 43.52% |
| Mar 31, 2023 | 44.17% |
| Dec 31, 2022 | 46.60% |
| Sep 30, 2022 | 51.10% |
| Jun 30, 2022 | 52.24% |
| Mar 31, 2022 | 52.25% |
| Dec 31, 2021 | 51.80% |
Texas Instruments Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TXN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TXN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TXN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();