$NXPI · NXP Semiconductors N.V.
NXP Semiconductors reported Q3 2026 results for the period ended September 27, 2026. Revenue reached $3,786 million, up 19.3% year-over-year and 8.3% sequentially, slightly ahead of management's expectations. GAAP diluted EPS was $3.48 versus $2.48 in the prior-year quarter, with GAAP gross margin expanding to 57.8% from 56.3%.
- Revenue $3.786B, up 19.3% YoY and 8.3% sequentially, slightly ahead of management expectations
- GAAP gross margin 57.8% (vs 56.3% YoY); non-GAAP gross margin 58.6%, non-GAAP operating margin 37.1%
- GAAP diluted EPS $3.48 vs $2.48 YoY; net income attributable to stockholders $884M vs $631M
- Cash flow from operations $1,256M; non-GAAP free cash flow $1,206M; $359M returned to shareholders via dividends and buybacks
- YTD other income includes $613M, driven by $627M net gain on sale of assets (business disposition)
Extended-hours last trade at $233.82, down 7.76% from regular close of $253.50. The sharp after-hours selloff despite strong YoY revenue growth and margin expansion suggests the market may have priced in even higher expectations or is reacting to forward-looking concerns not captured in the headline numbers.
A 19.3% revenue jump and 40% EPS growth paired with a 7.76% after-hours selloff signals the market expected even more from NXP's cyclical recovery, making this a critical sentiment check for the entire analog/semi sector.
NXP's 19.3% YoY revenue growth and 57.8% GAAP gross margin reflect a strong cyclical recovery in automotive and industrial semis, outpacing the broader analog/mixed-signal peer group that has been more muted in its rebound.
Trade policy and tariff risks highlighted, including U.S.-China trade actions and potential new barriers disrupting supply chains. Global hostilities (Ukraine-Russia, Middle East/Iran conflict) flagged as risks to energy markets, gas supplies, and logistics routes that could impact operations and end-market demand.