earnings
confidence high
sentiment positive
materiality 0.75
NXP Q3 revenue $3.45B, up 20% YoY; non-GAAP operating margin 36.9%
NXP Semiconductors N.V.
2022-Q3 EPS reported
$7.80
revenue$9,893,000,000
- Revenue $3,445M, up 20.4% YoY, above guidance midpoint; GAAP gross margin 57.1%, non-GAAP 58.0%.
- Non-GAAP operating margin 36.9% vs 33.5% YoY; GAAP operating margin 29.1% vs 24.9%.
- Automotive revenue $1,804M (+24% YoY); Industrial & IoT $713M (+17%); Mobile $410M (+19%).
- Non-GAAP free cash flow $863M; returned $623M to shareholders in Q3 via buybacks ($400M) and dividends ($223M).
- Management cautious on intermediate term due to macro uncertainty; consumer IoT weak but auto/industrial resilient.