As of Q3'25, Texas Instruments (TXN) reported a Return on Sales (ROS) of 36.4%. This marks a slight increase from the previous quarter (Q2'25), where ROS stood at 36.2%, but remains below the peak levels observed in early 2023. Over the period from Q1'23 to Q3'25, TXN's ROS has exhibited a general downward trend, declining from 46.0% in Q1'23 to the current 36.4%. The most significant declines occurred between Q3'23 and Q2'24, with ROS dropping from 44.6% to 36.1%. While there have been minor recoveries in certain quarters, the overall trend suggests sustained margin pressure over the past two years.