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Jun 30, 2022
Texas Instruments Q2 2022 Earnings Report
Reported second quarter revenue growth of 14% year-over-year, driven by growth across markets, with net income of $2.29 billion and earnings per share of $2.45.
Key Takeaways
Texas Instruments reported a strong second quarter with revenue increasing by 14% compared to the same quarter last year. The company's performance was driven by growth across various markets, resulting in a net income of $2.29 billion and earnings per share of $2.45.
Revenue increased 14% from the same quarter a year ago due to growth across markets.
Cash flow from operations for the trailing 12 months was $8.7 billion.
Free cash flow for the same period was $5.9 billion, representing 30% of revenue.
Third quarter outlook is for revenue in the range of $4.90 billion to $5.30 billion and earnings per share between $2.23 and $2.51.
Texas Instruments
Texas Instruments
Texas Instruments Revenue by Segment
Revenue by Segment
Analog Revenue
CapyFin.comEmbedded Processing Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
TI's third quarter outlook is for revenue in the range of $4.90 billion to $5.30 billion and earnings per share between $2.23 and $2.51. They expect the 2022 effective tax rate to be about 14%.
Positive Outlook
- Revenue between $4.90 billion and $5.30 billion.
- EPS between $2.23 and $2.51.
- Expect our 2022 effective tax rate to be about 14%.
- Continued focus on strategic investments.
- Strong market position in analog and embedded processing.
Challenges Ahead
- Uncertainty in global economic conditions.
- Potential impact of COVID-19 pandemic.
- Intense competition in the semiconductor industry.
- Fluctuations in market demand.
- Dependence on key customers and distributors.
Revenue & Expenses
Visualization of income flow from segment revenue to net income