What is Texas Instruments's capex?

Texas Instruments (TXN) reported capex of $676M in Q1 2026.

How has Texas Instruments's capex changed year-over-year?

Texas Instruments's capex decreased by 39.8% year-over-year, from $1.12B to $676M.

What is the long-term trend for Texas Instruments's capex?

Over 4 years (2021 to 2025), Texas Instruments's capex has grown at a 16.6% compound annual growth rate (CAGR), from $2.46B to $4.55B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Texas Instruments TXN CapEx

CapEx at other companies

Skyworks SolutionsSWKS

$82.4M+114%

Analog DevicesADI

$137.7M+52.5%

DiodesDIOD

$31.87M+101%

SemtechSMTC

$8.17M+395%

VicorVICR

$12.39M+172%

Microchip TechnologyMCHP

$14.2M0.0%

Other financials

Income statement

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Revenue$4.8B+18.6%

Gross profit$2.8B+21.0%

Operating income$1.8B+36.6%

Net income$1.5B+31.0%

EPS (diluted)$1.68+31.2%

Balance sheet

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Cash & equivalents$3.5B+28.4%

Total debt$14.1B+9.4%

Total equity$16.8B+2.3%

Total assets$34.4B+1.9%

Cash flow

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Operating cash flow$1.5B+79.0%

Free cash flow$844.0M+408%

Valuation

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Market cap$283.78B+57.6%

Enterprise value$294.28B+54.8%

P/E52.9×+15.9×

P/S15.4×+4.2×

Profitability

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Gross margin57.3%-0.7pp

Operating margin35.3%+1.0pp

Net margin29.1%-1.3pp

FCF margin20.2%+11.1pp

Returns & leverage

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Return on equity32.3%+3.2pp

Debt / equity0.8×+0.1×

Current ratio4.5×-0.8×

Where this comes from

Reported directly by Texas Instruments in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Texas Instruments’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Instruments's capex?: Texas Instruments (TXN) reported capex of $676M in Q1 2026.
How has Texas Instruments's capex changed year-over-year?: Texas Instruments's capex decreased by 39.8% year-over-year, from $1.12B to $676M.
What is the long-term trend for Texas Instruments's capex?: Over 4 years (2021 to 2025), Texas Instruments's capex has grown at a 16.6% compound annual growth rate (CAGR), from $2.46B to $4.55B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.