TI Converts 36¢ of Every Revenue Dollar to Profit; STMicroelectrics Manages 6¢

Texas Instruments posted Q2 2026 net income of $1.98 billion on $5.46 billion in revenue — a 36.3% net margin. STMicroelectronics, reporting a day later, earned $222 million on $3.49 billion — roughly 6.4%. TI's 300mm wafer fabs, which cut unit costs at scale, underpin the gap. ST grew revenue 26% year-over-year; whether that volume lifts margins remains open.