NXP Semiconductors Reports Second Quarter 2026 Results

NXP Semiconductors released its 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,” said Rafael Sotomayor, NXP President and Chief Executive Officer.

Key Highlights:

• Revenue was $3.50 billion, up 19% year-on-year;
• GAAP gross margin was 57.3%, GAAP operating margin was 30.6%, and GAAP diluted Net Income per Share was $3.02;
• Non-GAAP gross margin was 58%, non-GAAP operating margin was 35.1%, 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% of revenue;
• On 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.