Earnings call briefThird-quarter 2026

Texas Instruments says it expects 2027 effective tax rate of about 13% to 14%

Texas Instruments also said 2026 capital spending is $2 billion to $3 billion, possibly at the higher end if execution goes as planned.

GetSignal Texas Instruments TXN

On its third-quarter call, Texas Instruments said it expects an effective tax rate of about 13% in the fourth quarter. Chief Executive Officer Haviv Ilan said the company will provide more color on 2027 capital spending on its February call, and that tool deliveries from suppliers drive the 2026 spending result.

Quotes from the call

“We expect our effective tax rate to be about 13% in the fourth quarter and for 2027, we expect it to be about 13% to 14%.”

Julie C. Knecht, Chief Financial Officer

“...somewhere between $2 billion to $3 billion this year and maybe on the higher end if we get that execution as planned.”

Haviv Ilan, Chief Executive Officer

Key facts from the call

Expected fourth-quarter effective tax rate
About 13%
Expected 2027 effective tax rate
13% to 14%
Expected 2026 capital expenditures
$2 billion to $3 billion, maybe at the higher end if execution goes as planned

All TXN call briefs

Source: Texas Instruments' third-quarter 2026 earnings call, October 21, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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