- NXP reported Q3 2026 revenue of $3.79B, up 19% year-on-year and 8% sequentially.
- The company forecast Q4 revenue of about $3.85B, up roughly 15%, versus an average analyst estimate of $3.87B, according to Bloomberg data.
- Shares slipped in late trading on fears that the recovery in demand is slowing.
- NXP announced a $5B share repurchase authorization in addition to $1.3B remaining under the prior program.
- Q3 non-GAAP gross margin was 58.6% and non-GAAP diluted EPS was $4.20, with non-GAAP free cash flow of $1.21B.
- Automotive revenue rose 13% year-on-year to $2.07B, and Industrial and IoT revenue rose 39% to $802M in Q3.
Quotes
“Strong profitability leading to free cash flow generation enables NXP to invest in innovative solutions and expand manufacturing capabilities that support our long-term growth objectives”