NXP Semiconductors N.V. Q1 FY26 Results

Summary

NXP Semiconductors reported first-quarter revenue of $3.18 billion, a 12% increase year-over-year. The growth was broad-based across all focus end markets, driven by company-specific growth drivers. GAAP gross margin was 56.2 percent, and GAAP operating margin was 47.3 percent. The company expects the momentum to accelerate through the remainder of 2026. NXP remains committed to disciplined investment, margin expansion, and portfolio optimization to deliver sustainable, long-term value for shareholders.

Key Highlights

1. 1

   NXP's quarterly revenue was $3.18 billion, reflecting a 12 percent increase year-on-year.

2. 2

   GAAP gross margin reached 56.2 percent, while GAAP operating margin stood at 47.3 percent, and GAAP diluted Net Income per Share was $4.43.

3. 3

   Non-GAAP gross margin was 57.1 percent, with a non-GAAP operating margin of 33.1 percent, and non-GAAP diluted Net Income per Share of $3.05.

4. 4

   Cash flow from operations amounted to $793 million, with net capex investments of $79 million, resulting in non-GAAP free cash flow of $714 million, which is 22.4 percent of revenue.

5. 5

   Capital return during the quarter totaled $358 million, representing 50.1 percent of first quarter non-GAAP free cash flow, including $102 million in share buybacks and $256 million in dividends paid.

6. 6

   NXP repaid $500 million aggregate principal amount of outstanding 5.35% senior unsecured notes due March 1, 2026, at par using available cash on January 5, 2026.

7. 7

   NXP anticipates momentum to accelerate through the remainder of 2026, with progress increasingly extending across the core of the business.