EINDHOVEN, The Netherlands, July 28, 2026 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter, which ended June 28, 2026. “NXP delivered second-quarter revenue of $3.5 billion, up 19 percent year-on-year and 10 percent sequentially, with growth across all end markets and all regions. This performance reflects the strength of our company-specific growth drivers, particularly in Software-Defined Vehicles and Physical AI, with Data Center emerging as an additional growth engine. Our strong first-half results and third-quarter guidance reinforce our confidence in achieving our financial commitments to drive long-term shareholder value. Underlying these results, AI is moving from the cloud into the physical world – into vehicles, factories, and robots – and it lands directly in the markets where NXP has leadership positions. NXP’s portfolio of processing, connectivity, and security solutions, positions us to enable next-generation edge intelligence for our customers,\u201d said Rafael Sotomayor, NXP President and Chief Executive Officer.<\/p>\n
Key Highlights for the Second Quarter 2026:<\/p>\n
Revenue was $3.50 billion, up 19 percent year-on-year;GAAP gross margin was 57.3 percent, GAAP operating margin was 30.6 percent and GAAP diluted Net Income per Share was $3.02;Non-GAAP gross margin was 58.0 percent, non-GAAP operating margin was 35.1 percent, and non-GAAP diluted Net Income per Share was $3.61;Cash flow from operations was $860 million, with net capex investments of $69 million, resulting in non-GAAP free cash flow of $791 million or 22.6 percent of revenue;Capital return during the quarter was $360 million, representing 45.5 percent of second quarter non-GAAP free cash flow. Dividends paid during the quarter were $256 million, and share buybacks were $104 million. After the end of the second quarter, between June 29, 2026, and July 24, 2026, NXP executed via a 10b5-1 program additional share repurchases totaling $32 million; andOn April 20, 2026, NXP repaid the $750 million aggregate principal amount of outstanding 3.875% senior unsecured notes due June 18, 2026, at par using available cash.Summary of Reported Second Quarter 2026 ($ millions, unaudited)\u00a0(1)\u00a0Q2 2026Q1 2026Q2 2025Q – QY – YTotal Revenue$3,496\u00a0$3,181\u00a0$2,926\u00a010%<\/p>\n
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By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service<\/a> and Privacy Policy<\/a>.<\/p>\n 19%GAAP Gross Profit$2,002\u00a0$1,788\u00a0$1,562\u00a012%28%Gross Profit Adjustments(i)$(26)$(27)$(90)\u00a0\u00a0Non-GAAP Gross Profit$2,028\u00a0$1,815\u00a0$1,652\u00a012%23%GAAP Gross Margin\u00a057.3%\u00a056.2%\u00a053.4%\u00a0\u00a0Non-GAAP Gross Margin\u00a058.0%\u00a057.1%\u00a056.5%\u00a0\u00a0GAAP Operating Income (Loss)$1,071\u00a0$1,505\u00a0$687\u00a0-29%56%Operating Income Adjustments(i)$(157)$453\u00a0$(248)\u00a0\u00a0Non-GAAP Operating Income$1,228\u00a0$1,052\u00a0$935\u00a017%31%GAAP Operating Margin\u00a030.6%\u00a047.3%\u00a023.5%\u00a0\u00a0Non-GAAP Operating Margin\u00a035.1%\u00a033.1%\u00a032.0%\u00a0\u00a0GAAP Net Income (Loss) attributable to Stockholders$767\u00a0$1,122\u00a0$445\u00a0-32%72%Net Income Adjustments(i)$(151)$348\u00a0$(245)\u00a0\u00a0Non-GAAP Net Income (Loss) Attributable to Stockholders$918\u00a0$774\u00a0$690\u00a019%33%GAAP diluted Net Income (Loss) per Share(ii)$3.02\u00a0$4.43\u00a0$1.75\u00a0-32%72%Non-GAAP diluted Net Income (Loss) per Share(ii)$3.61\u00a0$3.05\u00a0$2.72\u00a018%33%<\/p>\n Additional information\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Q2 2026\u00a0Q1 2026\u00a0Q2 2025\u00a0Q – QY – YAutomotive$1,938\u00a0$1,782\u00a0$1,729\u00a09%12%Industrial & IoT$755\u00a0$628\u00a0$546\u00a020%38%Mobile$351\u00a0$391\u00a0$331\u00a0-10%6%Comm. Infra. & Other$452\u00a0$380\u00a0$320\u00a019%41%DIO\u00a0156\u00a0\u00a0165\u00a0\u00a0158\u00a0\u00a0\u00a0DPO\u00a060\u00a0\u00a059\u00a0\u00a060\u00a0\u00a0\u00a0DSO\u00a033\u00a0\u00a034\u00a0\u00a033\u00a0\u00a0\u00a0Cash Conversion Cycle\u00a0129\u00a0\u00a0140\u00a0\u00a0131\u00a0\u00a0\u00a0Channel Inventory (weeks)\u00a011\u00a0\u00a011\u00a0\u00a09\u00a0\u00a0\u00a0Gross Financial Leverage(iii)2.1x\u00a02.4x\u00a02.4x\u00a0\u00a0\u00a0Net Financial Leverage(iv)1.5x\u00a01.7x\u00a01.8x\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Additional Information for the second quarter 2026:For an explanation of GAAP to non-GAAP adjustments, please see “Non-GAAP Financial Measures\u201d.Refer to Table 1 below for the weighted average number of diluted shares for the presented periods.Gross financial leverage is defined as gross debt divided by trailing twelve months adjusted EBITDA.Net financial leverage is defined as net debt divided by trailing twelve months adjusted EBITDA.Guidance for the Third Quarter 2026: ($ millions, except Per Share data)\u00a0(1)<\/p>\n \u00a0GAAP\u00a0Reconciliation\u00a0non-GAAP\u00a0Low\u00a0Mid\u00a0High\u00a0\u00a0\u00a0Low\u00a0Mid\u00a0HighTotal Revenue$3,650\u00a0$3,750\u00a0$3,850\u00a0\u00a0\u00a0$3,650\u00a0$3,750\u00a0$3,850Q-Q4%\u00a07%\u00a010%\u00a0\u00a0\u00a04%\u00a07%\u00a010%Y-Y15%\u00a018%\u00a021%\u00a0\u00a0\u00a015%\u00a018%\u00a021%Gross Profit$2,093\u00a0$2,171\u00a0$2,248\u00a0$(24)\u00a0$2,117\u00a0$2,195\u00a0$2,272Gross Margin57.3%\u00a057.9%\u00a058.4%\u00a0\u00a0\u00a058.0%\u00a058.5%\u00a059.0%Operating Income (loss)$1,137\u00a0$1,205\u00a0$1,272\u00a0$(177)\u00a0$1,314\u00a0$1,382\u00a0$1,449Operating Margin31.2%\u00a032.1%\u00a033.0%\u00a0\u00a0\u00a036.0%\u00a036.9%\u00a037.6%Financial Income (expense)$(95)\u00a0$(95)\u00a0$(95)\u00a0$(10)\u00a0$(85)\u00a0$(85)\u00a0$(85)Tax rate19.2%-20.2%\u00a0\u00a0\u00a017.5%-18.5%Equity-accounted investees$(6)\u00a0$(6)\u00a0$(6)\u00a0$(1)\u00a0$(5)\u00a0$(5)\u00a0$(5)Non-controlling interests$(15)\u00a0$(15)\u00a0$(15)\u00a0\u00a0\u00a0$(15)\u00a0$(15)\u00a0$(15)Shares – diluted254.0\u00a0254.0\u00a0254.0\u00a0\u00a0\u00a0254.0\u00a0254.0\u00a0254.0Earnings Per Share – diluted$3.21\u00a0$3.43\u00a0$3.64\u00a0\u00a0\u00a0$3.89\u00a0$4.11\u00a0$4.32<\/p>\n Note (1) Additional Information:<\/p>\n GAAP Gross Profit is expected to include Purchase Price Accounting (“PPA\u201d) effects, $(5) million; Share-based Compensation, $(14) million; Other Incidentals, $(5) million;GAAP Operating Income (loss) is expected to include PPA effects, $(36) million; Share-based Compensation, $(115) million; Restructuring and Other Incidentals, $(26) million;GAAP Financial Income (expense) is expected to include Other financial expense $(10) million;GAAP Results relating to equity-accounted investees is expected to include results relating to non-foundry equity-accounted investees $(1) million;GAAP diluted EPS is expected to include the adjustments noted above for PPA effects, Share-based Compensation, Restructuring and Other Incidentals in GAAP Operating Income (loss), the adjustment for Other financial expense, the adjustment for results relating to non-foundry equity-accounted investees and the adjustment on Tax due to the earlier mentioned adjustments. NXP has based the guidance included in this release on judgments and estimates that management believes are reasonable given its assessment of historical trends and other information reasonably available as of the date of this release. Please note, the guidance included in this release consists of predictions only, and is subject to a wide range of known and unknown risks and un<\/p>\n","protected":false},"excerpt":{"rendered":"EINDHOVEN, The Netherlands, July 28, 2026 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. 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