Free cash flow for the same period was $6.5 billion. • "Over the past 12 months we invested $3.9 billion in R&D and SG&A, invested $3.3 billion in capital expenditures and returned $5.8 billion to owners. • "TI's third quarter outlook is for revenue in the range of $5.65 billion to $6.15 billion and earnings per share between $2.23 and $2.57." 1 Free cash flow, a non-GAAP financial measure, is cash flow from operations less capital expenditures, plus proceeds from U.S. CHIPS and Science Act (CHIPS Act) incentives. Earnings summary (In millions, except per-share amounts) Q2 2026 Q2 2025 Change Revenue $ 5,463 $ 4,448 23 % Operating profit $ 2,310 $ 1,563 48 % Net income $ 1,980 $ 1,295 53 % Earnings per share $ 2.14 $ 1.41 52 % Cash generation Trailing 12 Months (In millions) Q2 2026 Q2 2026 Q2 2025 Change Cash flow from operations $ 2,703 $ 8,667 $ 6,439 35 % Free cash flow $ 2,738 $ 6,534 $ 1,763 271 % Free cash flow % of revenue 33.6 % 10.6 % Cash return Trailing 12 Months (In millions) Q2 2026 Q2 2026 Q2 2025 Change Dividends paid $ 1,295 $ 5,112 $ 4,900 4 % Stock repurchases $ 27 $ 707 $ 1,810 (61) % Total cash returned $ 1,322 $ 5,819 $ 6,710 (13) % 2 TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES Consolidated Statements of Income For Three Months Ended June 30, (In millions, except per-share amounts) 2026 2025 Revenue $ 5,463 $ 4,448 Cost of revenue (COR) 2,111 1,873 Gross profit 3,352 2,575 Research and de

later in the release …

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other guidance in this release

Text is the filed exhibit, verbatim.