Quarterly ResultApr 28, 2026, 04:28 PM
NXPI Q1 Revenue $3.18B, Net Income $1.12B; $627M Divestment Gain
AI Summary
NXP Semiconductors reported strong first-quarter 2026 results with revenue increasing to $3.18 billion and net income attributable to stockholders more than doubling to $1.12 billion. The company completed the sale of its MEMS Sensors business, generating $878 million in cash and recording a $627 million gain on sale. NXP also repaid $500 million in senior unsecured notes and amended its $3 billion revolving credit facility.
Key Highlights
- Sale of MEMS Sensors business completed, generating $878M cash and $627M gain.
- Q1 2026 Revenue increased 12.2% to $3.18B YoY.
- Q1 2026 Net income attributable to stockholders rose 129% to $1.12B YoY.
- Diluted EPS for Q1 2026 was $4.43, up 130.7% YoY.
- Repaid $500M senior unsecured notes due March 2026.
- Amended $3B senior unsecured revolving credit facility.
- Cash and cash equivalents increased to $3.71B QoQ.
- Declared quarterly dividend of $1.014 per share.
Price Impact
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