Texas Instruments (TXN) Revenue — Quarter Ended Sep 30, 2024
Revenue increased compared to the preceding quarter, marking a reversal from the downward trend seen in recent quarters. However, revenue remained below the level reported in the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased compared to the preceding quarter, marking a reversal from the downward trend seen in recent quarters. However, revenue remained below the level reported in the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+8.6%
Change from the immediately preceding quarter.
Year-over-year
-8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
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, 2023 | $4.1B | -12.7% |
| Mar 31, 2024 | $3.7B | -16.4% |
| Jun 30, 2024 | $3.8B | -15.6% |
| Sep 30, 2024 | $4.2B | -8.4% |
Revenue performance
The reported revenue rose relative to the immediately preceding quarter, breaking a sequence of sequential declines. The trailing twelve-month revenue reflects the cumulative impact of prior weaker quarters.
Quarterly comparison
Compared with the preceding quarter, revenue showed growth. Compared with the same quarter one year ago, revenue was lower, continuing a year-over-year decline.
What to watch
Monitor whether the sequential revenue improvement can sustain and potentially reverse the year-over-year decline in future quarters.