Texas Instruments Q2 2021 Earnings Report
Key Takeaways
Texas Instruments reported strong second-quarter results with revenue increasing 41% year-over-year to $4.58 billion and earnings per share of $2.05, driven by strong demand in industrial, automotive, and personal electronics markets.
Revenue increased 7% sequentially and 41% year-over-year due to strong demand in industrial, automotive, and personal electronics.
Analog revenue grew 6% sequentially and 42% year-over-year.
Embedded Processing revenue grew 2% sequentially and 43% year-over-year.
Free cash flow for the trailing 12 months was $6.5 billion, representing 39% of revenue.
Texas Instruments
Texas Instruments
Texas Instruments Revenue by Segment
Forward Guidance
TI's third quarter outlook is for revenue in the range of $4.40 billion to $4.76 billion and earnings per share between $1.87 and $2.13. The company continues to expect its 2021 annual operating tax rate to be about 14%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income