This paper is concerned with the issue of stability analysis of systems with timeâvarying delay. First, a delayâproductâtype (DPT) integral inequality is proposed, which combines the thirdâorder BesselâLegendre (TOBL) integral inequality and the reciprocally convex (RC) inequality into a unified integral inequality; then, a tight upper bound on the timeâderivative of the LyapunovâKrasovskii functional (LKF) can be obtained. Second, an augmented LKF is tailored for the use of the DPT integral inequality; then, more information about the instant state and the delayed states is taken into account. Third, by using the DPT integral inequality and the augmented LKF, some less conservative conditions that ensure the stability of systems with timeâvarying delay are derived. Finally, simulations are provided to illustrate the advantage of our proposed method.