NXP Semiconductors reported a strong first quarter with revenue growth driven by broad-based improvement across key end markets, particularly automotive and industrial. The company highlighted sustained investment, disciplined execution, and growing customer adoption of its differentiated portfolio, expecting momentum to accelerate through the remainder of the year.
Revenue was $3.18 billion, up 12 percent year-on-year, with broad-based improvement across all focus end markets.
positiveNon-GAAP diluted Net Income per Share was $3.05, up 16% year-over-year.
positiveNon-GAAP free cash flow was $714 million, representing 22.4 percent of revenue, and trailing twelve month free cash flow was $2.71 billion.
positiveCompleted the sale of the MEMS Sensors business for $878 million, resulting in a one-time gain of $627 million.
positiveNon-GAAP Operating Income decreased by 9% sequentially from $1,154 million in Q4 2025 to $1,052 million in Q1 2026.
attentionNon-GAAP Net Income Attributable to Stockholders decreased by 9% sequentially from $851 million in Q4 2025 to $774 million in Q1 2026.
attentionInventories, net decreased slightly from $2,577 million at the end of Q4 2025 to $2,523 million at the end of Q1 2026, but the change in operating assets and liabilities showed an increase of $87 million in inventories for the quarter.
attentionThe company's Q1 2026 revenue of $3.18 billion was down 5% sequentially from $3.335 billion in Q4 2025.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Automotive | N/A | — | — | — |
Industrial & IoT | N/A | — | — | — |
Mobile | N/A | — | — | — |
Comm. Infra. & Other | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
NXP delivered quarterly revenue of $3.18 billion, up 12% year over year, with broad-based improvement across all of our focus end markets, led by our company-specific growth drivers.
Our growth reflects sustained investment, disciplined execution, and growing customer adoption of our differentiated portfolio, particularly in industrial and automotive processing that supports software-defined vehicles and physical AI.
The momentum we have built is expected to accelerate through the remainder of 2026, with progress increasingly extending across the core of our business.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.