NXP Q3 FY2026: revenue up 19.0%, free cash flow at 31.9% of sales
NXP beat its own revenue guide again and posted $3.79 billion in sales, up 19.0% year on year, with non-GAAP EPS of $4.20 edging the $4.17 consensus. The quarter's real story is cash: free cash flow of $1.21 billion, or 31.9% of revenue, funds a fresh $5 billion buyback. Read the scorecard as growth plus margin, then check the balance sheet for what this chipmaker owes.
1 · Expected vs. Actual
Free preview belowNon-GAAP EPS of $4.20 came in just above the $4.17 consensus, while GAAP EPS was $3.48. The $0.72 gap is mostly share-based compensation at $0.45 per share plus acquisition-related amortization at $0.14, not one-off charges. GAAP operating margin was 32.4% against 37.1% on a non-GAAP basis.
Revenue of $3.79 billion rose 19.0% from $3.17 billion a year earlier and 8.3% from Q2's $3.50 billion. Automotive contributed $2.07 billion and Industrial & IoT $802 million, together 75.9% of the top line. Mobile was the only segment to shrink, down 4.0% year on year to $411 million.
Q4 revenue is guided to a range of $3.75 billion to $3.95 billion, a $3.85 billion midpoint that the company's own table puts at 15.0% year-on-year growth. Non-GAAP gross margin is guided to 58.5% to 59.5%, with a 59.0% midpoint above the 57.8% GAAP margin just reported. That midpoint is the highest gross margin guide in the four quarters of guidance history shown here.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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