NXP Semiconductors (NXPI) Q2 2026 Earnings
How Did NXPI Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +5.47%.
Did NXPI Beat Earnings? Q2 2026 Results
Yes. NXP Semiconductors reported Q2 2026 earnings of $3.61 a share on Jul 28, 2026, beating the $3.52 consensus estimate by 2.4%. Revenue was $3.5B against a $3.5B estimate.
NXP Semiconductors posted a convincing beat across the board in the second quarter of 2026, with revenue of $3.50 billion rising 19.5% year over year and edging past the $3.46 billion consensus by 0.95%, while adjusted diluted EPS of $3.61 cleared the $3.52 estimate by 2.42%. The headline numbers were powered by broad-based strength across all four end markets, with Industrial and IoT revenue surging 38% year over year to $755 million and Communications Infrastructure climbing 41% to $452 million, even as the core Automotive segment held firm at $1.94 billion, up 12%. CEO Rafael Sotomayor credited Software-Defined Vehicles and Physical AI as distinct company-level growth catalysts, positioning NXP squarely in markets where AI is migrating from the cloud into vehicles, factories, and robots. Non-GAAP gross margin expanded to 58.0% from 56.5% a year earlier, reflecting improving operating leverage. Looking ahead, management guided Q3 revenue of $3.65 billion to $3.85 billion, representing 15% to 21% year-over-year growth, with adjusted diluted EPS expected between $3.89 and $4.32, consistent with its longer-term ambitions around a $16 billion revenue target and roughly 60% gross margins by 2027.
- Growth across all four end markets and all regions
- Company-specific growth drivers in Software-Defined Vehicles and Physical AI
- Data Center emerging as additional growth engine
- Non-GAAP gross margin expansion to 58.0% from 56.5% year-on-year
- Non-GAAP operating margin expansion to 35.1% from 32.0% year-on-year
- Industrial & IoT revenue up 38% year-on-year
- Communications Infrastructure & Other revenue up 41% year-on-year
“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.”
NXP Semiconductors CEO, on the earnings call
What Was NXP Semiconductors's Outlook in Q2 2026?
For Q3 2026, NXP guided total revenue of $3,650 million to $3,850 million (midpoint $3,750 million), representing 4%-10% sequential growth and 15%-21% year-on-year growth. Non-GAAP gross margin is expected at 58.0%-59.0%, non-GAAP operating margin at 36.0%-37.6%, and non-GAAP diluted EPS of $3.89 to $4.32 (midpoint $4.11). GAAP diluted EPS is guided at $3.21 to $3.64. Non-GAAP tax rate is expected at 17.5%-18.5%.
NXPI YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $3.5B | $2.9B | +19.5% |
| Gross Profit | $2.0B | $1.6B | +28.2% |
| Operating Income | $1.1B | $687.0M | +55.9% |
| Net Income | $767.0M | $445.0M | +72.4% |
NXPI Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.