TXN Q2 revenue +23% YoY to $5.5B; announces $7.5B Silicon Labs acquisition

Filed July 24, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 29, 2025 · ~2 min read

Key Changes

• high

  Announced definitive agreement to acquire Silicon Labs for $7.5 billion in cash ($231/share), expected to close H1 2027. Secured up to $5 billion delayed draw term loan facility to fund the transaction alongside cash on hand.

  Notes: Silicon Labs acquisition verify on EDGAR →
• high

  Operating profit margin expanded 720 basis points to 42.3% (from 35.1% prior year) as operating income grew 48% YoY to $2.3B, driven by higher revenue and improved factory loadings.

  MD&A: Operating profit margin expansion verify on EDGAR →
• high

  Trailing 12-month free cash flow surged to $6.5B from $1.8B (+271%) as capex declined 51% to $1.2B for the six-month period, signaling the end of the elevated investment cycle.

  MD&A: Free cash flow verify on EDGAR →