Stock Analysis on Net

Texas Instruments Inc. (NASDAQ:TXN)

$24.99

Income Statement

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Texas Instruments Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue
Cost of revenue (COR)
Gross profit
Research and development (R&D)
Selling, general and administrative (SG&A)
Acquisition charges
Restructuring charges
Integration charges
Gains on sales of assets
Restructuring charges/other
Operating profit
Other income
Other expense
Other income (expense), net (OI&E)
Interest and debt expense
Income before income taxes
Provision for income taxes
Net income

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Texas Instruments Inc. revenue increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Operating profit The net result for the period of deducting operating expenses from operating revenues. Texas Instruments Inc. operating profit increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Texas Instruments Inc. income before income taxes increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Texas Instruments Inc. net income increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.