Earnings Call
Jul 28, 2026
Q2 FY2026
EPS Estimate
3.52
EPS Actual
3.61
Post-Earnings Close
$240.98
Earnings Reaction
-7.0%
NXP Semiconductors posted record Q2 2026 revenue of $3.5 billion, up 19% year-over-year and 10% sequentially, with non-GAAP EPS of $3.61 beating the guidance midpoint by $0.11. Every end market and every region grew versus the prior year, a breadth of performance that management characterized as both secular and cyclical in nature. Non-GAAP operating margin reached 35.1%, expanding 310 basis points year-over-year, driven by product mix improvement, rising factory utilization moving from the low to mid-80% range, and operating leverage across a largely fixed cost base. Free cash flow came in at $791 million, or roughly 23% of revenue, and the company retired $750 million in debt during the quarter while returning $360 million to shareholders.
Report generated on Jul 30, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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