NXP Semiconductors reported second-quarter 2026 revenue of $3.50 billion, up 19% year‑over‑year and 10% sequentially, driven by strength across all end markets and regions. GAAP diluted net income per share was $3.02 and non‑GAAP diluted net income per share was $3.61 for the quarter; GAAP operating margin was 30.6% while non‑GAAP operating margin was 35.1%. The company generated $860 million of cash from operations and non‑GAAP free cash flow of $791 million (22.6% of revenue) during the quarter.

Financial Highlights

  • Total revenue: $3,496 million (Q2 2026), up 19% year‑over‑year and 10% sequentially.
  • GAAP gross profit: $2,002 million; GAAP gross margin: 57.3%.
  • GAAP operating income: $1,071 million; GAAP operating margin: 30.6%.
  • GAAP net income attributable to stockholders: $767 million; GAAP diluted net income per share: $3.02.
  • Non‑GAAP net income attributable to stockholders: $918 million; Non‑GAAP diluted net income per share: $3.61.

Business Highlights

  • Revenue growth was broad-based: all end markets and regions contributed to the quarter's 19% year‑over‑year increase.
  • Automotive remained the largest end market with revenue of $1,938 million for the quarter, growing year‑over‑year.
  • Industrial & IoT and Communications Infrastructure showed strong expansion: Industrial & IoT revenue $755 million (+38% Y‑Y) and Communications Infrastructure & Other $452 million (+41% Y‑Y).
  • Company emphasized momentum in Software‑Defined Vehicles and Physical AI, and noted Data Center emerging as an additional growth engine.
  • Operational liquidity and balance sheet actions: generated $860 million cash from operations, invested $69 million in net capex, and returned $360 million to shareholders via dividends ($256M) and share repurchases ($104M), with additional $32M repurchased under a 10b5‑1 program after quarter end.

Original SEC Filing:

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