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Current Assets

Work in process

Texas Instruments Work in process decreased by 0.7% to $2.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $2.37B to $2.36B. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 19.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 24, 2026
Parent metricInventories

How to read this metric

An increase often signals a ramp-up in production capacity, while a persistent increase without revenue growth may indicate production inefficiencies.

Detailed definition

This reflects the accumulated costs of products currently in the manufacturing cycle that have not yet reached completio...

Peer comparison

High work-in-progress is common for integrated device manufacturers (IDMs) that operate their own fabrication facilities.

Metric ID: inv_work_in_progress

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$996M$1.03B$1.07B$1.15B$1.26B$1.35B$1.55B$1.85B$2.11B$2.15B$2.11B$2.13B$2.07B$2.08B$2.21B$2.37B$2.43B$2.46B$2.37B$2.36B
QoQ Change+3.8%+3.2%+7.9%+9.3%+7.1%+14.8%+19.7%+14.1%+1.8%-1.8%+0.9%-2.7%+0.4%+6.4%+7.0%+2.5%+1.3%-3.6%-0.7%
YoY Change+26.3%+30.3%+44.9%+60.7%+67.7%+59.4%+36.4%+15.1%-1.8%-3.1%+5.0%+11.3%+17.2%+18.2%+7.1%-0.6%
% of Inventories53.7%55.5%55.9%55.9%57.2%56.0%56.1%56.3%56.6%54.9%52.7%52.1%50.5%48.4%48.9%50.6%50.5%50.9%49.4%50.2%
Share Change+1.8pp+0.4pp+0.0pp+1.3pp-1.2pp+0.0pp+0.2pp+0.3pp-1.6pp-2.2pp-0.6pp-1.7pp-2.0pp+0.5pp+1.7pp-0.1pp+0.5pp-1.6pp+0.8pp
Range$996M$2.46B
CAGR+19.9%
Avg YoY Growth+24.6%
Median YoY Growth+17.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Texas Instruments's work in process?
Texas Instruments (TXN) reported work in process of $2.36B in Q1 2026.
How has Texas Instruments's work in process changed year-over-year?
Texas Instruments's work in process decreased by 0.6% year-over-year, from $2.37B to $2.36B.
What is the long-term trend for Texas Instruments's work in process?
Over 5 years (2020 to 2025), Texas Instruments's work in process has grown at a 19.7% compound annual growth rate (CAGR), from $964M to $2.37B.
What does work in process mean?
The value of goods currently in the production process that are not yet finished.