NXP reports Q3 beat, adds $5 billion buyback and guides for Q4

NXP Semiconductors reported third-quarter 2026 revenue of $3.79 billion, up 19 percent year-on-year, with GAAP diluted EPS of $3.48 and non-GAAP diluted EPS of $4.20. The board authorized an additional $5 billion share repurchase program after quarter-end, alongside $1.3 billion remaining under the prior authorization. For Q4 2026, NXP guided to revenue of $3,750 million to $3,950 million and non-GAAP diluted EPS of $4.14 to $4.58.

The new authorization expands the capital available for share repurchases, while the Q4 outlook establishes the company’s near-term revenue and earnings range. Shares fell after hours after the results, according to the reported market reaction in material 6.

  • 1Q3 2026 revenue was $3.79 billion, representing 19 percent year-on-year growth.
  • 2Q3 2026 GAAP diluted EPS was $3.48 and non-GAAP diluted EPS was $4.20.
  • 3The board authorized a $5 billion share repurchase program, in addition to $1.3 billion remaining under the prior authorization.
  • 4Q4 2026 revenue guidance is $3,750 million to $3,950 million, with non-GAAP diluted EPS guidance of $4.14 to $4.58.
  • 5NXP’s shares declined 7.6% in after-hours trading in the reported reaction to the results.
  • Material 2 reports Q3 Industrial & IoT revenue of $802 million, while material 7 reports $820 million for the same quarter and segment.

Sources