NXP Semiconductors (NXPI) Q3 2026 Earnings
How Did NXPI Stock React to Q3 2026 Earnings?
Did NXPI Beat Earnings? Q3 2026 Results
Yes. NXP Semiconductors reported Q3 2026 earnings of $4.20 a share on Oct 27, 2026, beating the $4.12 consensus estimate by 2.0%. Revenue was $3.8B against a $3.8B estimate.
NXP Semiconductors delivered a strong third quarter for fiscal 2026, beating analyst expectations on both the top and bottom lines as broad-based demand across its key end markets powered results well ahead of consensus. The Dutch chipmaker reported adjusted non-GAAP diluted EPS of $4.20, ahead of the $4.12 consensus estimate by 2.01%, while revenue of $3.79 billion beat expectations by 0.60% and rose 19.3% year-over-year. The outperformance was driven most visibly by Communications Infrastructure and Other, which surged 54% year-over-year to $503 million on data center demand, while the flagship Automotive segment grew 13% to $2.07 billion and Industrial and IoT climbed 39% to $802 million. Non-GAAP gross margin expanded to 58.6% from 57.0% a year ago, and free cash flow of $1.21 billion represented 31.9% of revenue. Some analysts had trimmed price targets ahead of the print, though the results appeared to vindicate the company's confidence; NXP guided Q4 revenue of $3.75 billion to $3.95 billion, with non-GAAP EPS midpoint of $4.36, pointing to continued growth momentum into year-end.
- Accelerating contributions from company-specific growth drivers in automotive and industrial
- Continued momentum in data center infrastructure
- 19% year-on-year revenue growth and 8% sequential growth
- Non-GAAP gross margin expansion to 58.6% from 57.0% year-on-year
- Non-GAAP operating margin expansion to 37.1% from 33.8% year-on-year
- Non-GAAP free cash flow of $1.21 billion or 31.9% of revenue
“NXP delivered third-quarter revenue of $3.8 billion, up 19 percent year-on-year and 8 percent sequentially. Our performance was driven by accelerating contributions from our company-specific growth drivers in automotive and industrial as well as continued momentum in data center infrastructure. 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, while continuing to return capital to shareholders through our newly announced $5 billion share repurchase authorization. Looking ahead, we see significant opportunities as software-defined vehicles drive increasing demand for our next-generation solutions, while data center infrastructure and Trusted Physical AI applications create new vectors for long-term growth.”
NXP Semiconductors CEO, on the earnings call
What Is NXP Semiconductors's Outlook?
For Q4 2026, NXP guided total revenue of $3,750 million to $3,950 million (midpoint $3,850 million), representing year-on-year growth of 12%-18% and sequential change of -1% to +4%. GAAP gross margin is expected at 57.6%-58.7%, with non-GAAP gross margin of 58.5%-59.5%. GAAP operating margin guidance is 31.1%-33.0%, and non-GAAP operating margin is 36.6%-38.3%. Non-GAAP diluted EPS is guided at $4.14-$4.58 (midpoint $4.36). The company expects a tax rate of 17.0%-18.0% on a non-GAAP basis. Management sees significant opportunities from software-defined vehicles, data center infrastructure, and Trusted Physical AI applications as long-term growth vectors.
NXPI YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $3.8B | $3.2B | +19.3% |
| Gross Profit | $2.2B | $1.8B | +22.5% |
| Operating Income | $1.2B | $893.0M | +37.5% |
| Net Income | $884.0M | $631.0M | +40.1% |
NXPI Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.