Texas Instruments (TXN) Revenue — Quarter Ended Sep 30, 2023
Revenue for this quarter was flat compared to the immediately preceding quarter. Compared to the same quarter one year earlier, revenue declined.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for this quarter was flat compared to the immediately preceding quarter. Compared to the same quarter one year earlier, revenue declined.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
-13.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$18.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4.7B | -3.4% |
| Mar 31, 2023 | $4.4B | -10.7% |
| Jun 30, 2023 | $4.5B | -13.1% |
| Sep 30, 2023 | $4.5B | -13.5% |
Revenue performance
Revenue was unchanged from the preceding quarter, marking a sequential stabilization.
Quarterly comparison
Compared with the same quarter one year ago, revenue was lower, extending the year-over-year decline seen in recent quarters.
What to watch
Capital expenditure levels remain elevated as the company continues to invest in manufacturing and technology capacity.