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Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and Texas Instruments (TXN). Click either name above to swap in a different company.

Athene Holding Ltd. is the larger business by last-quarter revenue ($8.1B vs $4.8B, roughly 1.7× Texas Instruments). Texas Instruments runs the higher net margin — 32.0% vs 6.4%, a 25.6% gap on every dollar of revenue. On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs 18.6%). Over the past eight quarters, Athene Holding Ltd.'s revenue compounded faster (19.2% CAGR vs 12.4%).

Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.

Texas Instruments Incorporated (TI) is an American multinational semiconductor company headquartered in Dallas, Texas. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. TI also produces digital light processing (DLP) technology and education technology products including calculators, microcontrollers, and multi-core processors.

ATHS vs TXN — Head-to-Head

Bigger by revenue
ATHS
ATHS
1.7× larger
ATHS
$8.1B
$4.8B
TXN
Growing faster (revenue YoY)
ATHS
ATHS
+96.5% gap
ATHS
115.1%
18.6%
TXN
Higher net margin
TXN
TXN
25.6% more per $
TXN
32.0%
6.4%
ATHS
Faster 2-yr revenue CAGR
ATHS
ATHS
Annualised
ATHS
19.2%
12.4%
TXN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ATHS
ATHS
TXN
TXN
Revenue
$8.1B
$4.8B
Net Profit
$523.0M
$1.5B
Gross Margin
58.0%
Operating Margin
16.9%
37.5%
Net Margin
6.4%
32.0%
Revenue YoY
115.1%
18.6%
Net Profit YoY
-48.5%
31.0%
EPS (diluted)
$1.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATHS
ATHS
TXN
TXN
Q1 26
$4.8B
Q4 25
$8.1B
$4.4B
Q3 25
$8.0B
$4.7B
Q2 25
$5.4B
$4.4B
Q1 25
$4.2B
$4.1B
Q4 24
$3.8B
$4.0B
Q3 24
$6.5B
$4.2B
Q2 24
$4.7B
$3.8B
Net Profit
ATHS
ATHS
TXN
TXN
Q1 26
$1.5B
Q4 25
$523.0M
$1.2B
Q3 25
$1.3B
$1.4B
Q2 25
$464.0M
$1.3B
Q1 25
$465.0M
$1.2B
Q4 24
$1.0B
$1.2B
Q3 24
$625.0M
$1.4B
Q2 24
$629.0M
$1.1B
Gross Margin
ATHS
ATHS
TXN
TXN
Q1 26
58.0%
Q4 25
55.9%
Q3 25
57.4%
Q2 25
57.9%
Q1 25
56.8%
Q4 24
57.7%
Q3 24
59.6%
Q2 24
57.8%
Operating Margin
ATHS
ATHS
TXN
TXN
Q1 26
37.5%
Q4 25
16.9%
33.3%
Q3 25
26.8%
35.1%
Q2 25
12.2%
35.1%
Q1 25
22.3%
32.5%
Q4 24
30.4%
34.4%
Q3 24
25.7%
37.4%
Q2 24
22.0%
32.7%
Net Margin
ATHS
ATHS
TXN
TXN
Q1 26
32.0%
Q4 25
6.4%
26.3%
Q3 25
15.7%
28.8%
Q2 25
8.7%
29.1%
Q1 25
11.1%
29.0%
Q4 24
26.8%
30.1%
Q3 24
9.6%
32.8%
Q2 24
13.5%
29.5%
EPS (diluted)
ATHS
ATHS
TXN
TXN
Q1 26
$1.68
Q4 25
$1.28
Q3 25
$1.48
Q2 25
$1.41
Q1 25
$1.28
Q4 24
$1.31
Q3 24
$1.47
Q2 24
$1.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATHS
ATHS
TXN
TXN
Cash + ST InvestmentsLiquidity on hand
$5.1B
Total DebtLower is stronger
$7.8B
$14.1B
Stockholders' EquityBook value
$20.5B
$16.8B
Total Assets
$442.2B
$34.4B
Debt / EquityLower = less leverage
0.38×
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATHS
ATHS
TXN
TXN
Q1 26
$5.1B
Q4 25
$4.9B
Q3 25
$5.2B
Q2 25
$5.4B
Q1 25
$5.0B
Q4 24
$7.6B
Q3 24
$8.8B
Q2 24
$9.7B
Total Debt
ATHS
ATHS
TXN
TXN
Q1 26
$14.1B
Q4 25
$7.8B
$14.0B
Q3 25
$7.9B
$14.0B
Q2 25
$7.9B
$14.0B
Q1 25
$6.3B
$12.8B
Q4 24
$6.3B
$13.6B
Q3 24
$5.7B
$13.9B
Q2 24
$5.7B
$13.9B
Stockholders' Equity
ATHS
ATHS
TXN
TXN
Q1 26
$16.8B
Q4 25
$20.5B
$16.3B
Q3 25
$20.4B
$16.6B
Q2 25
$18.1B
$16.4B
Q1 25
$17.5B
$16.4B
Q4 24
$16.4B
$16.9B
Q3 24
$17.4B
$17.3B
Q2 24
$15.0B
$17.2B
Total Assets
ATHS
ATHS
TXN
TXN
Q1 26
$34.4B
Q4 25
$442.2B
$34.6B
Q3 25
$429.9B
$35.0B
Q2 25
$405.3B
$34.9B
Q1 25
$381.5B
$33.8B
Q4 24
$363.3B
$35.5B
Q3 24
$355.0B
$35.3B
Q2 24
$332.6B
$35.0B
Debt / Equity
ATHS
ATHS
TXN
TXN
Q1 26
0.84×
Q4 25
0.38×
0.86×
Q3 25
0.38×
0.84×
Q2 25
0.43×
0.86×
Q1 25
0.36×
0.78×
Q4 24
0.39×
0.80×
Q3 24
0.33×
0.80×
Q2 24
0.38×
0.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATHS
ATHS
TXN
TXN
Operating Cash FlowLast quarter
$3.0B
Free Cash FlowOCF − Capex
$1.4B
FCF MarginFCF / Revenue
29.0%
Capex IntensityCapex / Revenue
14.0%
Cash ConversionOCF / Net Profit
5.82×
TTM Free Cash FlowTrailing 4 quarters
$4.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHS
ATHS
TXN
TXN
Q1 26
Q4 25
$3.0B
$2.3B
Q3 25
$636.0M
$2.2B
Q2 25
$1.1B
$1.9B
Q1 25
$426.0M
$849.0M
Q4 24
$386.0M
$2.0B
Q3 24
$780.0M
$1.7B
Q2 24
$525.0M
$1.6B
Free Cash Flow
ATHS
ATHS
TXN
TXN
Q1 26
$1.4B
Q4 25
$1.3B
Q3 25
$993.0M
Q2 25
$555.0M
Q1 25
$-274.0M
Q4 24
$806.0M
Q3 24
$416.0M
Q2 24
$507.0M
FCF Margin
ATHS
ATHS
TXN
TXN
Q1 26
29.0%
Q4 25
30.0%
Q3 25
20.9%
Q2 25
12.5%
Q1 25
-6.7%
Q4 24
20.1%
Q3 24
10.0%
Q2 24
13.3%
Capex Intensity
ATHS
ATHS
TXN
TXN
Q1 26
14.0%
Q4 25
20.9%
Q3 25
25.2%
Q2 25
29.3%
Q1 25
27.6%
Q4 24
29.7%
Q3 24
31.7%
Q2 24
27.8%
Cash Conversion
ATHS
ATHS
TXN
TXN
Q1 26
Q4 25
5.82×
1.94×
Q3 25
0.51×
1.61×
Q2 25
2.28×
1.44×
Q1 25
0.92×
0.72×
Q4 24
0.38×
1.66×
Q3 24
1.25×
1.27×
Q2 24
0.83×
1.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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