---
schema_version: "secwatch.filing_event.v1"
accession: "0000097476-23-000023"
form_type: "8-K"
ticker: "TXN"
cik: "0000097476"
company_name: "TEXAS INSTRUMENTS INC"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T18:10:19.853411+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TI Q1 revenue down 11% to $4.38B, EPS $1.85; Q2 rev guided $4.17-4.53B

## Summary
- Revenue $4.38B, net income $1.71B, EPS $1.85 (down 21% YoY); operating profit $1.93B (-25%).
- Analog segment revenue $3.29B (-14% YoY); Embedded Processing up 6% to $832M.
- Trailing 12M free cash flow $4.4B (22.6% of revenue) vs 34% a year ago.
- Q2 guidance: revenue $4.17-4.53B, EPS $1.62-1.88; tax rate 13-14%.
- CapEx $3.3B trailing 12M (+28% YoY) as TI expands 300-mm manufacturing.

## SEC filing metadata
- accession: 0000097476-23-000023
- form_type: 8-K
- ticker: TXN
- cik: 0000097476
- company_name: TEXAS INSTRUMENTS INC
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97476/000009747623000023/0000097476-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97476/000009747623000023/txn-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097476-23-000023
- JSON: https://secwatch.observer/filing/0000097476-23-000023.json
- Plain text: https://secwatch.observer/filing/0000097476-23-000023.txt

## Key facts
- Earnings Releases
  TEXAS INSTRUMENTS INC reported first quarter 2023 results: revenue $4.38 billion, net income $1.71 billion, EPS $1.85.
  - Period: first quarter 2023
  - Revenue: $4.38 billion
  - Net income: $1.71 billion
  - EPS: $1.85
  - Result: reported results
  source text: Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported first quarter revenue of $4.38 billion, net income of $1.71 billion and earnings per share of $1.85.
  evidence_url: https://www.sec.gov/Archives/edgar/data/97476/000009747623000023/0000097476-23-000023-index.htm
- Earnings Releases
  TEXAS INSTRUMENTS INC reported second quarter 2023 results: revenue $4.17 billion to $4.53 billion, EPS $1.62 and $1.88. Guidance initiated.
  - Period: second quarter 2023
  - Revenue: $4.17 billion to $4.53 billion
  - EPS: $1.62 and $1.88
  - Guidance: initiated
  - Result: guidance update
  source text: TI's second quarter outlook is for revenue in the range of $4.17 billion to $4.53 billion and earnings per share between $1.62 and $1.88.
  evidence_url: https://www.sec.gov/Archives/edgar/data/97476/000009747623000023/0000097476-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.