NXP Semiconductors earnings
NXP Semiconductors' next results are expected on October 27, 2026. Watch whether NXP Semiconductors' shipments reflect customer consumption as channel stock changes.
What has NXP Semiconductors guided for the next quarter?
NXP’s longer plan targets $16 billion of revenue in 2027 and annual growth of 6% to 10% from 2024 through 2027. Management expects automotive and Industrial & IoT to grow faster than the company overall. Those are targets, not quarterly promises: customers must put new designs into production and end markets must cooperate. That execution challenge sets the hurdle analysts must judge.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Total Revenue | Quarter to Sep 2026 | 3,650 | 3,850 | Jul 28, 2026 |
| GAAP Gross Margin | Quarter to Sep 2026 | 57.3% | 58.4% | Jul 28, 2026 |
| non-GAAP Gross Margin | Quarter to Sep 2026 | 58.0% | 59.0% | Jul 28, 2026 |
| GAAP Operating Margin | Quarter to Sep 2026 | 31.2% | 33.0% | Jul 28, 2026 |
| non-GAAP Operating Margin | Quarter to Sep 2026 | 36.0% | 37.6% | Jul 28, 2026 |
| non-GAAP Earnings Per Share - diluted | Quarter to Sep 2026 | 3.89 | 4.32 | Jul 28, 2026 |
What this means. The company’s adjusted profit is higher than its standard accounting profit because it leaves out costs such as share-based pay and restructuring.
What is NXP Semiconductors' recent revenue and profit trend?
Revenue grew year over year in the June quarter, with every end market contributing. Industrial & IoT and Communications Infrastructure & Other grew fastest from smaller bases, while Automotive remained the largest business. Gross margin also improved because higher volume, better factory utilization, and manufacturing efficiencies spread production costs more effectively.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,496 | 3,181 | 3,335 | 3,173 | 2,926 | 2,835 | 3,111 | 3,250 |
| Gross margin | 57.3% | 56.2% | 54.2% | 56.3% | 53.4% | 55.0% | 53.9% | 57.4% |
| Operating income | 1,071 | 1,505 | 744 | 893 | 687 | 723 | 675 | 990 |
| Net income | 767 | 1,122 | 455 | 631 | 445 | 490 | 495 | 718 |
| EPS, diluted | 3.02 | 4.43 | 1.79 | 2.48 | 1.75 | 1.92 | 1.93 | 2.79 |
| = Free cash flow | 791 | 714 | 793 | 508 | 696 | 426 | 261 | 593 |
What this means. March 2026 profit is unusually high because it includes a one-time gain from selling the sensor business, so it may not reflect normal business performance.
What should NXP Semiconductors watch in the next release?
The latest quarter is encouraging, but the next evidence must come from customer consumption and channel stock.
The practical test is to compare NXP’s distributor shipments with shipments onward to customers, then compare both with production. If sell-in stays ahead of sell-through, inventory is accumulating somewhere in the chain. If the two track each other across several quarters, the recovery is more likely to reflect consumption.