NXP Semiconductors stock reports 19.5 percent revenue growth

NXP Semiconductors stock (NASDAQ: NXPI) was trading at USD 235.44 on Nasdaq on September 23, 2026, down 0.90 percent from the prior close of USD 237.57. The company delivered Q2 2026 revenue of USD 3.50 billion, up 19.5 percent year over year, according to Zacks.

Revenue growth beats consensus

The Q2 revenue figure exceeded the consensus estimate by 0.8 percent, while non-GAAP EPS reached USD 3.61. That EPS result increased 32.7 percent year over year and surpassed consensus of USD 3.54 by 1.98 percent, giving the earnings comparison more weight than the daily share-price move.

NXP's non-GAAP gross margin was 58.0 percent in Q2 2026, up 150 basis points year over year. Operating cash flow reached USD 860 million, while non-GAAP free cash flow stood at USD 791 million, or 22.6 percent of revenue, according to Zacks.

Q3 guidance points higher

For Q3 2026, NXP guided to revenue of USD 3.65 billion to USD 3.85 billion, with a midpoint of USD 3.75 billion. The midpoint implies 7 percent sequential growth and 18 percent year-over-year growth, while non-GAAP EPS guidance is USD 4.11.

The business mix also matters. Automotive generated USD 1.94 billion in Q2 revenue, up 12 percent year over year, while Industrial and IoT revenue rose 38 percent to USD 755 million. Communication Infrastructure and Other revenue increased 41 percent to USD 452 million, according to Zacks.

Stock remains below yearly high

At USD 235.44 on September 23, 2026, the stock stood 30.7 percent below its 52-week high of USD 339.95 and above its 52-week low of USD 183. The market capitalization was USD 59,369,533,127 on the same date.