Texas Instruments Incorporated
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.96B | $13.37B | $13.00B | $13.04B | $12.21B | $12.83B | $13.73B | $13.97B |
| Analog | $9.90B | $8.53B | $8.35B | $8.13B | $7.19B | $6.92B | $6.41B | $6.01B |
| Embedded Processing | $3.51B | $3.06B | $2.80B | $2.76B | $2.27B | $1.94B | $2.24B | $2.19B |
| Other | $1.55B | $1.78B | $1.85B | $2.15B | $2.75B | $3.96B | $5.08B | $5.77B |
| Cost of Revenue | $5.35B | $5.11B | $5.43B | $5.62B | $5.84B | $6.46B | $6.96B | $6.47B |
| Gross Profit | $9.61B | $8.26B | $7.58B | $7.43B | $6.36B | $6.37B | $6.77B | $7.49B |
| Gross Margin | 64.2% | 61.8% | 58.3% | 57.0% | 52.1% | 49.7% | 49.3% | 53.6% |
| Operating Expenses | ||||||||
| Research & Development | $1.51B | $1.36B | $1.27B | $1.36B | $1.52B | $1.88B | $1.72B | $1.57B |
| SG&A Expense | $1.69B | $1.74B | $1.73B | $1.84B | $1.86B | $1.80B | $1.64B | $1.52B |
| Operating Income | $6.08B | $4.86B | $4.32B | $3.95B | $2.83B | $1.97B | $2.99B | $4.51B |
| Operating Margin | 40.7% | 36.3% | 33.2% | 30.3% | 23.2% | 15.4% | 21.8% | 32.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $6.08B | $4.93B | $4.22B | $3.87B | $2.75B | $1.94B | $2.96B | $4.55B |
| Income Tax Expense | $2.40B | $1.34B | $1.23B | $1.05B | $592.0M | $176.0M | $719.0M | $1.32B |
| Net Income | $3.68B | $3.60B | $2.99B | $2.82B | $2.16B | $1.76B | $2.24B | $3.23B |
| Net Margin | 24.6% | 26.9% | 23.0% | 21.6% | 17.7% | 13.7% | 16.3% | 23.1% |
| EPS (Basic) | $3.68 | $3.54 | $2.86 | $2.61 | $1.94 | $1.53 | $1.91 | $2.66 |
| EPS (Diluted) | $3.61 | $3.48 | $2.82 | $2.57 | $1.91 | $1.51 | $1.88 | $2.62 |
| Shares Outstanding (Basic) | 991.0M | 1.00B | 1.03B | 1.07B | 1.10B | 1.13B | 1.15B | 1.20B |
| Shares Outstanding (Diluted) | 1.01B | 1.02B | 1.04B | 1.08B | 1.11B | 1.15B | 1.17B | 1.21B |
| Dividends Per Share | $2.12 | $1.64 | $1.40 | $1.24 | $1.07 | $0.72 | $0.56 | $0.49 |