NXP Reports Q2 Revenue of $3.5B, Up 19% YoY; Guides Q3 Above Consensus
NXPI sits 32% above its 52-week low of $183.
Summary
NXP Semiconductors reported Q2 2026 revenue of $3.5 billion, up 19% year-over-year, with non-GAAP EPS of $3.61. Q3 guidance calls for revenue of $3.65-$3.85 billion and non-GAAP EPS of $3.89-$4.32, both above consensus.
Key Events · Earnings and Guidance · NXPI
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Q2 Revenue and EPS Beat
Revenue of $3.5 billion grew 19% year-over-year, with non-GAAP diluted EPS of $3.61, exceeding analyst expectations.
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Broad-Based Growth
All end markets grew, with Automotive up 12%, Industrial & IoT up 38%, Mobile up 6%, and Comm. Infra. & Other up 41% year-over-year.
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Strong Q3 Guidance
Q3 revenue guidance of $3.65-$3.85 billion (midpoint $3.75B) and non-GAAP EPS of $3.89-$4.32 (midpoint $4.11) came in above consensus estimates.
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Capital Returns and Debt Repayment
NXP returned $360 million to shareholders in Q2 via dividends and buybacks, and repaid $750 million in senior notes, reducing gross leverage to 2.1x.
Analysis · NXPI · Manufacturing
NXP delivered a strong Q2 with revenue of $3.5 billion, a 19% year-over-year increase, driven by growth across all end markets. Non-GAAP diluted EPS of $3.61 beat expectations, and Q3 guidance of $3.65-$3.85 billion in revenue and $3.89-$4.32 in non-GAAP EPS suggests continued momentum. The results reinforce the company's position in software-defined vehicles and physical AI, with data center emerging as a new growth engine. The earnings beat and upbeat guidance are likely to be viewed positively by the market.
At the time of this filing, NXPI was trading at $241.04 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $65.4B. The 52-week trading range was $183.00 to $339.95. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.