NXP Semiconductors (NXPI) Earnings: Q3 2026 Results

The quarter ended September 27, 2026 and NXP Semiconductors published the results on October 27, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. NXP Semiconductors reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• NXP sold its MEMS Sensors business in Q1 2026 and booked a $627 million gain on the sale in other income. That gain is why GAAP diluted EPS was $4.43 in Q1 2026, above the quarters either side of it.
• NXP reports one segment. The four end markets above are the revenue breakdown NXP gives in its release and 10-Q.

Source: NXP Semiconductors Q3 2026 results, October 27, 2026. Also in the Form 10-Q for the quarter ended September 27, 2026. Figures as reported; checked against the release on November 10, 2026.

How NXP Semiconductors splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• NXP Semiconductors's Automotive revenue was $2.1 billion in Q3 2026, up 13% from $1.8 billion in Q3 2025, 55% of total revenue.
• NXP Semiconductors's Industrial & IoT revenue was $802 million in Q3 2026, up 39% from $579 million in Q3 2025, 21% of total revenue.
• NXP Semiconductors's Mobile revenue was $411 million in Q3 2026, down 4% from $430 million in Q3 2025, 11% of total revenue.
• NXP Semiconductors's Comm. Infra. & Other revenue was $503 million in Q3 2026, up 54% from $327 million in Q3 2025, 13% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

NXP's guidance table for Q4 2026: revenue of $3,750 million to $3,950 million (midpoint $3,850 million, up 12% to 18% year on year), GAAP diluted EPS of $3.36 to $3.79 and non-GAAP diluted EPS of $4.14 to $4.58, on 253.8 million diluted shares. Non-GAAP gross margin is guided at 58.5% to 59.5%.

In its Q3 2026 release, NXP Semiconductors said:

“Looking ahead, we see significant opportunities as software-defined vehicles drive increasing demand for our next-generation solutions, while data center infrastructure and Trusted Physical AI applications create new vectors for long-term growth”

Source: NXP Q3 2026 release, Oct 27, 2026.

This is the company's own guidance as of Oct 27, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the NXPI forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and GAAP diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for NXP Semiconductors's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 27, 2026

NXP Semiconductors breaks its revenue into four end markets. In Q3 2026 Automotive brought in $2,070 million of the $3,786 million total, Industrial & IoT $802 million, Comm. Infra. & Other $503 million and Mobile $411 million. Total revenue was up 19% from $3,173 million a year earlier. (NXP Semiconductors Q3 2026 release, Oct 27, 2026)

Three of the four end markets grew. Per the 10-Q, Automotive rose 12.7% on growth in processors and mixed-signal products, Industrial & IoT rose 38.5% on the same two product lines, and Communication Infrastructure & Other rose 53.8%, mainly on processors. Mobile fell 4.4% because of declines in processors, partly offset by growth in mixed-signal products. (NXP Semiconductors Form 10-Q, Q3 2026, Oct 27, 2026)

Most of NXP's sales go through distributors. Distributor revenue was $2,244 million in the quarter, up 20.3%, against $1,498 million from direct customers, up 18.0%. In its 10-K NXP says Avnet accounted for 23% of its revenue in 2025 and that no direct customer accounted for more than 10%. (NXP Semiconductors Form 10-Q, Q3 2026, Oct 27, 2026; NXP Semiconductors Form 10-K, 2025, Feb 19, 2026)

Every region grew from a year earlier. Revenue in the Americas was $1,182 million, up 28.2%, and in China $644 million, up 28.8%. APAC excluding China rose 13.5% to $1,066 million and EMEA 10.1% to $894 million. NXP assigns revenue to the region where the sale originated and where critical commercial decisions are made. (NXP Semiconductors Form 10-Q, Q3 2026, Oct 27, 2026)

NXP Semiconductors' GAAP diluted EPS was $3.48 in Q3 2026 and its non-GAAP diluted EPS $4.20. The largest item in the gap was share-based compensation, worth $0.45 a share ($114 million at the operating line). Purchase price accounting effects and other incidentals each took off another $0.14 a share. (NXP Semiconductors Q3 2026 release, Oct 27, 2026)

Diluted weighted average shares were 253,831 thousand, against 254,310 thousand a year earlier. In the quarter NXP paid $256 million in dividends and bought back $103 million of shares, and in October its board authorized a new $5 billion repurchase program on top of the $1.3 billion left under the prior one. (NXP Semiconductors Q3 2026 release, Oct 27, 2026)

The effective tax rate was 20.2%, up from 18.6% a year earlier, and included $6 million of discrete tax expense. NXP said that excluding discrete items its estimated annual rate rose to 19.7% from 18.7%, mainly because of a taxable capital gain and non-deductible goodwill on the MEMS Sensors divestiture in Q1 2026. (NXP Semiconductors Form 10-Q, Q3 2026, Oct 27, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

NXP Semiconductors publishes a guidance table in each release. For Q4 2026 it guided revenue of $3,750 million to $3,950 million, a midpoint of $3,850 million, which would be up 15% from a year earlier. GAAP diluted EPS is guided at $3.36 to $3.79 and non-GAAP diluted EPS at $4.14 to $4.58, on 253.8 million diluted shares. (NXP Semiconductors Q3 2026 release, Oct 27, 2026)

The same table guides non-GAAP gross margin of 58.5% to 59.5% and a non-GAAP tax rate of 17.0%-18.0%. NXP's CEO pointed to software-defined vehicles, data center infrastructure and what NXP calls Trusted Physical AI as its growth areas. (NXP Semiconductors Q3 2026 release, Oct 27, 2026)

A consensus figure is the average of the models published by the analysts who cover NXP Semiconductors, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones NXP Semiconductors's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning NXPI is on is NXPI a buy or a sell?, what analysts expect next is on the NXPI forecast, and what the company does is on the NXP Semiconductors (NXPI) stock page.

Every number on this page can be traced to a document NXP Semiconductors published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.