Below are the financial statements of Texas Instruments, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 15.64a | 17.52a | 20.03a |
| Cost of revenue (COR) | -6.55a | -6.5a | -6.26a |
| Gross profit | 9.09a | 11.02a | 13.77a |
| Research and development (R&D) | -1.96a | -1.86a | -1.67a |
| Selling, general and administrative (SG&A) | -1.79a | -1.83a | -1.7a |
| Restructuring charges/other | -0.12a | 0a | -0.26a |
| Operating profit | 5.47a | 7.33a | 10.14a |
| Other income (expense), net (OI&E) | 0.5a | 0.44a | 0.11a |
| Interest and debt expense | -0.51a | -0.35a | -0.21a |
| Income before income taxes | 5.45a | 7.42a | 10.03a |
| Provision for income taxes | -0.65a | -0.91a | -1.28a |
| Net income | 4.8a | 6.51a | 8.75a |
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