Quarterly ResultApr 28, 2026, 04:23 PM
NXPI Q1 Revenue +12% to $3.18B; GAAP EPS $4.43; Divests MEMS Sensors
AI Summary
NXP Semiconductors reported strong first-quarter 2026 financial results, with revenue increasing 12% year-over-year to $3.18 billion. GAAP diluted Net Income per Share was $4.43, and non-GAAP diluted Net Income per Share was $3.05. The company completed the sale of its MEMS Sensors business for $878 million, generating a $627 million gain, and returned $358 million to shareholders through buybacks and dividends. NXP also provided Q2 2026 revenue guidance of $3.35 billion to $3.55 billion.
Key Highlights
- Q1 Revenue increased 12% YoY to $3.18 billion.
- GAAP diluted Net Income per Share was $4.43.
- Non-GAAP diluted Net Income per Share was $3.05.
- Completed MEMS Sensors business sale for $878M, generating $627M gain.
- Returned $358 million to shareholders via buybacks ($102M) and dividends ($256M).
- Automotive revenue was $1.782 billion, up 6% YoY.
- Industrial & IoT revenue was $628 million, up 24% YoY.
- Q2 2026 revenue guidance is $3.35B-$3.55B, up 18% YoY at midpoint.