Texas Instruments (TXN) Revenue — Quarter Ended Dec 31, 2023
Revenue decreased from the prior quarter and was also lower than the same period a year ago. The decline reflects ongoing market conditions.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue decreased from the prior quarter and was also lower than the same period a year ago. The decline reflects ongoing market conditions.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
-10.0%
Change from the immediately preceding quarter.
Year-over-year
-12.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.5B
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 |
|---|---|---|
| Mar 31, 2023 | $4.4B | -10.7% |
| Jun 30, 2023 | $4.5B | -13.1% |
| Sep 30, 2023 | $4.5B | -13.5% |
| Dec 31, 2023 | $4.1B | -12.7% |
Revenue performance
The reported revenue fell short of the previous quarter's results, continuing a trend of sequential decline.
Quarterly comparison
Compared with the immediately preceding quarter, revenue declined, and it was also down relative to the same quarter one year earlier.
What to watch
Monitor demand trends in industrial and automotive markets, which are key areas of focus for the company.