Traders price an 80.5% chance TXN clears $4 billion in Q2 Analog revenue amid robust industrial and data center growth.
Texas Instruments (NASDAQ:TXN) enters Q2 2026 earnings on July 22 with management guiding revenue between $5.00 billion and $5.40 billion and EPS of $1.77 to $2.05. The midpoint implies 8% sequential growth, slightly above seasonal trends, following three beats in the last four quarters.
Q1 2026 saw industrial revenue surge 30% year over year and data center revenue jump 90%, though industrial demand remains 15% below its 2022 peak. CEO Haviv Ilan projects $8 free cash flow per share for 2026, with trailing twelve-month FCF rising to $4.4 billion from $1.7 billion.
Polymarket traders assign an 80.5% probability that Q2 Analog revenue exceeds $4 billion, reflecting confidence in accelerating end-market demand ahead of the release.