TXN (Texas Instruments) Research & Development: $2,076 Mil (TTM As of Mar. 2026)


TXN Texas Instruments Inc TXN
81 GF Score
Price $302.48
GF Value $212.39
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Texas Instruments Research & Development?

Texas Instruments TXN -0.62% 81 Research & Development is $2,076 Mil as of Mar. 2026. GuruFocus rates TXN with a GF Score™ of 81/100 and a GF Value™ of $212.39 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Texas Instruments's Research & Development for the three months ended in Mar. 2026 was $510 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $2,076 Mil.

Texas Instruments  (NAS:TXN) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Texas Instruments Research & Development Related Terms

Texas Instruments Research & Development Historical Data

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The historical data trend for Texas Instruments's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Texas Instruments Research & Development Chart

Texas Instruments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,554.00 1,670.00 1,863.00 1,959.00 2,083.00

Texas Instruments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 517.00 527.00 518.00 521.00 510.00
TXN
81GF Score
Texas Instruments Inc TXN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Texas Instruments Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,076 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $2,076 Mil mean?
Texas Instruments (TXN) has a Research & Development of $2,076 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Texas Instruments and its competitors.
Is Texas Instruments' Research & Development too high?
Texas Instruments' current Research & Development is $2,076 Mil. Overall, Texas Instruments has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texas Instruments' Research & Development compare to QCOM and ADI?
Texas Instruments' Research & Development of $2,076 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Semiconductors company?
A good Research & Development depends on the Semiconductors industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Texas Instruments and its competitors. Texas Instruments's current Research & Development is $2,076 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Instruments stock overvalued right now?
Based on GuruFocus' analysis, Texas Instruments (TXN) is currently considered Significantly Overvalued. The stock's GF Value™ is $212.39, compared to a current price of $302.48 — trading 42.4% above its estimated fair value. The current Research & Development is $2,076 Mil. Texas Instruments' overall GF Score™ is 81/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Texas Instruments (TXN), the current Research & Development is $2,076 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Texas Instruments (TXN) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Instruments stock appears to be overvalued. The current stock price of $302.48 is trading 42.4% above its estimated GF Value™ of $212.39. GuruFocus considers Texas Instruments to be Significantly Overvalued.

Key valuation signals for TXN:

  • Research & Development: $2,076 Mil
  • GF Value™: $212.39 vs. price of $302.48 (42.4% above fair value)
  • GF Score™: 81/100 with 10 warning signs

No single metric tells the full story. See the TXN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Texas Instruments Business Description

Address 12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
81GF Score

Get the complete analysis for TXN

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$302.48
Price
$212.39
GF Value