NXP Semiconductors N.V. reported second-quarter 2026 results with revenue of $3.5B, net income of $767M and diluted EPS of $3.02, each rising notably from the year-ago quarter as broad end-market demand and improved factory utilization lifted margins and volumes.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$3.5B$2.93B19.5% | Net income²$767M$445M72.4% | Diluted EPS³$3.02$1.7572.6% |
¹ Reported as “Revenue”. ² Reported as “Net income (loss) attributable to stockholders”. ³ Reported as “Net income (loss) per common share attributable to stockholders in $”.
Business Highlights
- Revenue growth was broad-based with Industrial & IoT up 38.3% and Communication Infrastructure up 41.3%; Automotive rose 12.1%.
- Distributor channel sales accelerated, increasing 26.7% YoY to $2.072B and contributing to improved channel inventory flow.
- Gross margin improved to 57.3% from 53.4% a year earlier, driven by higher volumes, better product mix and manufacturing cost initiatives.
- The company completed the divestiture of its MEMS Sensors business, recording a significant gain and freeing capital for core investments.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.