TXN Q2 2024 Earnings — Income Statement Breakdown
For its Q2 2024 period (ending 2024-06-30), TXN reported revenue of $3.8B, gross profit of $2.2B (57.8% gross margin), operating income of $1.2B, and net income of $1.1B (29.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
TXN was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
TXN Q2 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $3.8B | 100% |
| Cost of Revenue | −$1.6B | 42.2% |
| Gross Profit | $2.2B | 57.8% |
| Research & Development | −$498M | 13.0% |
| Selling, General & Administrative | −$465M | 12.2% |
| Operating Income | $1.2B | 32.7% |
| Interest Expense | −$131M | 3.4% |
| Other Income, net | $130M | 3.4% |
| Income Tax Expense | −$120M | 3.1% |
| Net Income | $1.1B | 29.5% |
Source: original SEC filing (filed 2024-07-23). Accession 0000097476-24-000029. Data normalized by EarningsFyi.