Nxp Semiconductors N.v. · NASDAQ:NXPI
Nxp Semiconductors — Q1 2026 Earnings Presentation
42 slides from Nxp Semiconductors's earnings presentation, Apr 28, 2026
Slide 1: NXP Investor Presentation First Quarter 2026
NXP Investor Presentation First Quarter 2026 April 2026 | Public | NXP and the NXP logo are trademarks of NXP B.V. All other product or service names are the property of their respective owners. © 2024 NXP B.V.
Slide 2: Forward Looking Statements
Forward Looking Statements This document includes forward-looking statements which include statements regarding NXP’s business strategy, financial condition, results of operations, market data, as well as any other statements which are not historical facts. By their nature, forward-looking statement
Slide 3: NXP, A Future of Innovation and Long-term Value Creation
NXP, A Future of Innovation and Long-term Value Creation + + High Single Digit Organic Gross Margin Expansion 100% of Excess FCF Revenue Growth Above 60% to Our Owners S32 SDV Hybrid manufacturing Hybrid manufacturing Intelligent systems at the edge Mix / NPI RMS & system leadership Doubling non-GAA
Slide 4: NXP, A History of Innovation and Value Creation
NXP, A History of Innovation and Value Creation Refined strategic focus & financial discipline Intelligent edge systems TT Tech Aviva Links Kinara $230 Acquisitions Marvell $228 Connectivity $217 Year End Freescale Assets Acquired $208 Share Price Merger $159 $158 $127 $117 $98 35.1% Non-GAAP IPO 36
Slide 5: Total Semiconductor Market Macrotrends Drive Waves of Growth
Total Semiconductor Market Macrotrends Drive Waves of Growth $1.6 Trillion Anticipate & Automate On-demand Cloud AI & Analog Intelligent Systems at the Edge 2000 2010 2020 2030E Laptops Smartphones Cloud AI Desktops Tablets Intelligent edge systems Mobiles Data-center servers • Smart connected devic
Slide 6: Auto & Industrial Growth at the Intelligent Edge Within a $1.6T Opportunity
Auto & Industrial Growth at the Intelligent Edge Within a $1.6T Opportunity Global Semiconductor market value by vertical, $billion Growth contribution 2024-2030E $B ( % of Total) CAGR, % ~ $825 13% ~ $1600 35 (4%) Consumer 85 40 (5%) Industrial 85 70 (9%) Wired 125 70 (9%) Automotive 10% 145 11% 15
Slide 7: NXP Uniquely Positioned to Bring Intelligent Systems to the Edge
NXP Uniquely Positioned to Bring Intelligent Systems to the Edge Industry challenges NXP’s unique capability and response Ecosystem shifts Complete portfolio Deep competence From supply chain to value network Sensing Security leader AI enabled processing Functional safety leader Actuation Automotive
Slide 8: NXP Uniquely Positioned to Bring Intelligent Systems to the Edge
NXP Uniquely Positioned to Bring Intelligent Systems to the Edge Sense SW-defined ADAS vehicle Think Automotive High RMS Electrification Connect core franchises Act Factory Building automation & home Safe & secure Industrial Power Scalable system & IoT Healthcare & energy solutions 8 | NXP | Public
Slide 9: NXP Investment Compass to Focus on Profitable Growth
NXP Investment Compass to Focus on Profitable Growth R&D Investment matrix Focus R&D investment to achieve Augmenting product leadership RMS leadership and above market growth with system leadership High Invest to Sustain Invest in High Leadership Growth Franchises Relative market share (RMS) ~15%*
Slide 10: NXP Semiconductors – At a Glance
NXP Semiconductors – At a Glance 2025 Geographic Revenue by Headquarter-based by Region 2025 Revenue by Channel Americas, EMEA, $3.4B, 27% $3.3B, 27% Distribution, $7.1B, Direct, $5.2B, 57% 43% China, Asia Pacific ex-China, $2.0B, 17% $3.6B, 29% 2025 Hybrid Manufacturing - Front-end Sourcing 2025 Hy
Slide 11: NXP Revenue Growth in Next 3 Years
NXP Revenue Growth in Next 3 Years 2025 Revenue by Revenue by business type end-market exposure 2024A-2027E CAGR ~$16.0B 6 - 10% $12.6B Accelerated growth ~38% 58% $11.1B 15 - 25% Automotive ~27% 18% ~62% ~73% 82% Core businesses ~3% 13% Mobile 19% Industrial 11% & IoT Comm Infra 2021 2024 2027E 11
Slide 12: Automotive Megatrends Drive Mid-high Single Digit Content Growth
Automotive Megatrends Drive Mid-high Single Digit Content Growth System Complexity and Software Dependence Is Increasing Time-to-market Lines of code Data in the car ECU power 3 - 5 yrs 1 - 2 yrs 100M 500M 50 GB 10 TB 30 - 60W 50 - 200W LV Production SDVs ADAS L1 - L3 xEVs 2% Unit CAGR 48% U
Slide 13: Automotive - Revenue Growth in Next 3 Years
Automotive - Revenue Growth in Next 3 Years Key assumptions Revenue by business type 2024 - 2027E CAGR SAAR Low single digit growth ~$9.5B 8 - 12% Pricing $7.2B Accelerated Low single digit erosion growth drivers $5.5B 15 - 25% Content per vehicle Mid to high single digit growth Macro-environment Co
Slide 14: Intelligent Edge Systems Are Key to Create Efficiency and Sustainability
Intelligent Edge Systems Are Key to Create Efficiency and Sustainability Megatrends driving an upgrade cycle Industrial & IoT SAM ($B) 44.9 7% CAGR Factory Productivity Energy Enhanced 9.4 Automation 36.1 enhancement efficiency resilience Home & 7.3 6.9 Building Everything augmented by AI 10% 5.5 CA
Slide 15: Industrial & IoT - Revenue Growth 2024 to 2027
Industrial & IoT - Revenue Growth 2024 to 2027 Key assumptions Revenue by business type 2024A- 2027E CAGR Industrial & IoT SAM ~$3.1B 8 - 12% 7% CAGR (2024E-2027E) Accelerated $2.4B $2.3B growth drivers 20 - 30% Macro-environment GDP > 2.5% and PMI > 50 78% 73% ~61% Core businesses Geo-politics ~4%
Slide 16: Analyst Day 2024 Outlook: Accelerating Secular Profitable Revenue Growth
Analyst Day 2024 Outlook: Accelerating Secular Profitable Revenue Growth Automotive Industrial & IoT 8 - 12% CAGR ~$9.5B 8 – 12% CAGR $7.2B ~20% CAGR ~$3.1B $2.3B ~25% CAGR ~3% CAGR ~4% CAGR 2024 2027E 2024 2027E Mobile Comm. Infrastructure 0 - 4% CAGR 0% CAGR ~$1.6B $1.7B $1.7B $1.5B 2024 2027E 202
Slide 17: Hybrid Manufacturing: Value Creation and Customer Enablement
Hybrid Manufacturing: Value Creation and Customer Enablement Wafer volume Front End Mix Back End Mix ~ 2.3M 20% ~1.9M 0.4 ≤ 28nm 86% 0.2 20% Internal* ~1.5M 0.1 1.0 130-40nm 35% 80% 0.8 Internal* 80% 0.6 38% 80% External 86% 65% 85% 0.8 0.9 0.9 > 130nm 62% 20% 20% External 14% 2024 2027E 2030E 2024
Slide 18: Diverse End-Customer Base with High Barriers to Entry
Diverse End-Customer Base with High Barriers to Entry Top 20 End-customers are less than 45% of 2025 Revenue >25,000 Total Customers No 10% Customers 18 | NXP | Public Reflects 2025 sales on a ship to basis through all channels
Slide 19: Driving Profitable Growth in Excess of Addressable Market
Driving Profitable Growth in Excess of Addressable Market As Reported Revenue Non-GAAP Gross Profit / Non-GAAP Gross Margin Up 7% 5-yr. CAGR ($B) Up 10% 5-yr. CAGR ($B) 51.1% 56.1% 57.9% 58.5% 58.1% 56.8% $8.6 $11.1 $13.2 $13.3 $12.6 $12.3 $4.4 $6.2 $7.6 $7.8 $7.3 $7.0 2020 2021 2022 2023 2024 2025
Slide 20: Annual Revenue by End Market ($B)
Annual Revenue by End Market ($B) Automotive Industrial & IoT Up 13% 5-yr. CAGR ($B) Up 4% 5-yr. CAGR ($B) $3.8 $5.5 $6.9 $7.5 $7.2 $7.1 $1.8 $2.4 $2.7 $2.4 $2.3 $2.3 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Mobile Communication Infrastructure & Other Up 5% 5-yr. CAGR ($B) Down 5%
Slide 21: Recent Quarterly Business Trends
Recent Quarterly Business Trends As Reported Revenue ($M) (5%) Q-Q Non-GAAP Gross Profit / Non-GAAP Gross Margin 12% Y-Y 56.1% 56.5% 57.0% 57.4% 57.1% 58.2% 58.4% 2,835 2,926 3,173 3,335 3,181 1,591 1,652 1,810 1,913 1,815 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Non-GAAP Operatin
Slide 22: Quarterly Revenue by End Market ($M)
Quarterly Revenue by End Market ($M) Automotive Industrial & IoT (5%) Q-Q 6% Y-Y (2%) Q-Q 24% Y-Y $1,674 $1,729 $1,837 $1,876 $1,782 $508 $546 $579 $640 $628 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Mobile Communication Infrastructure & Other (19%) Q-Q 14% Q-Q 16% Y-Y 21% Y-Y $338
Slide 23: A Robust Shareholder Centric Capital Return Policy
A Robust Shareholder Centric Capital Return Policy Annual Capital Return ($B) Capital Return Policy: 101% • Return All Excess non-GAAP FCF 98% 97% 95% 95% 88% 89% • Target 25% Dividend Payout of CFO 82% $5.1B Cumulative Capital Return 2016 – 2025: 67% $4.6B • $22.7B or 95% of non-GAAP FCF • Capital
Slide 24: Debt Summary at the End of 1Q26
Debt Summary at the End of 1Q26 $670 $370 $300 $500 $500 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $750 $700 $500 $500 $499 $500 2026 2027 2028 2029 2030 2031 2032 2033 2035 2041 2042 2051 '26 3.875% Sr. Unsecured Notes '27 3.15% Sr. Unsecured Notes '27 4.4% Sr. Unsecured Notes '28 4.3% Sr. Unsecure
Slide 25: Working Capital Ratios (Days)
Working Capital Ratios (Days) DSO DPO 34 33 31 29 34 62 60 58 60 59 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 DIO Cash Conversion Cycle 169 158 161 154 165 141 131 134 123 140 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 DSO = (91.25 x AR) / Revenue DIO = (91.25 x In
Slide 26: Financial Model: P&L
Financial Model: P&L Investor Day 2021 2024A Investor Day 2024 NXP Growth +8 to 12% (3 yr. CAGR) 4.5% (3 yr. CAGR) +6 to 10% (3 yr. CAGR) Channel Inventory ~11 wks. 8 wks. ~11 wks. Non-GAAP Gross Margin % 55 to 58% 58.1% 57 to 63% Non-GAAP R&D (% of Rev) ~16% 16.3% ~16% Non-GAAP SG&A (% of Rev) ~7%
Slide 27: Source and Use of Cash Model
Source and Use of Cash Model Investor Day 2021 2024A Investor Day 2024 Non-GAAP Free-cash Flow 25% of Rev 19.5% of Rev (CUM ‘22 to ‘24) > 25% of Rev DSO ~30 30 (4Q24A) ~30 DPO ~75 65 (4Q24A) ~75 DIO ~95 151 (4Q24A) ~110 Capacity Access Fee (VSMC) N/A $275M $800M Net Capex % of Revenue 6 to 8% 6.6% (
Slide 28: Guidance for the Second Quarter of 2026
Guidance for the Second Quarter of 2026 GAAP Reconciliation Non-GAAP Low Mid High Low Mid High Total Revenue 3,350 3,450 3,550 3,350 3,450 3,550 Q-Q 5% 8% 12% 5% 8% 12% Y-Y 14% 18% 21% 14% 18% 21% Gross Profit 1,892 1,967 2,043 (34) 1,926 2,001 2,077 Gross Margin 56.5% 57.0% 57.5% 57.5% 58.0% 58.5%
Slide 29: NXP Sustainability Mission
NXP Sustainability Mission Strategy Guiding principles Goals Design and develop manufacturing Push boundaries and explore new Innovate advancements that enable technologies that positively impact approaches to develop innovative a better, safer, more secure and the planet and society; develop and su
Slide 30: NXP 2025 Sustainability Progress
NXP 2025 Sustainability Progress Scope 3 Additional Progress Scope 1 Scope 2 Upstream and Direct sources Indirect sources Recertified EHS downstream sources Increased Installed PFC- management renewable abatement system to energy to equipment at ISO14001 and 47% 4 sites ISO45001 Limited 96% 93% team
Slide 31: NXP Sustainability Ratings
NXP Sustainability Ratings BB AA AAA AAA AAA AAA 2020 2021 2022 2023 2024 2025 Low Risk Low Risk Medium Risk Low Risk Low Risk Low Risk 19.4 19.8 21.6 19.8 16.7 16.0 2020 2021 2022 2023 2024 2025 Climate: B Climate: C Climate: C Water: B Climate: D Climate: D Climate: D Water: B- Water: B- Water: D
Slide 32: Annual GAAP Condensed Consolidated Statement of Operations ($M)
Annual GAAP Condensed Consolidated Statement of Operations ($M) ($ in millions, unless otherwise stated) 2020 2021 2022 2023 2024 2025 Revenue 8,612 11,063 13,205 13,276 12,614 12,269 Cost of Revenue 4,377 4,996 5,688 5,723 5,495 5,553 Gross Profit 4,235 6,067 7,517 7,553 7,119 6,716 Research and de
Slide 33: Annual GAAP to Non-GAAP Reconciliation ($M)
Annual GAAP to non-GAAP Reconciliation ($M) ($ in millions, unless otherwise stated) 2020 2021 2022 2023 2024 2025 GAAP Gross Profit 4,235 6,067 7,517 7,553 7,119 6,716 Gross profit adjustments (165) (138) (126) (209) (213) (250) Non - GAAP Gross Profit 4,400 6,205 7,643 7,762 7,332 6,966 GAAP Gross
Slide 34: Annual Cash Flow Overview ($M)
Annual Cash Flow Overview ($M) ($ in millions, unless otherwise stated) 2020 2021 2022 2023 2024 2025 Net cash provided by (used for) operating activities 2,482 3,077 3,895 3,513 2,782 2,820 Net cash (used for) provided by investing activities (418) (934) (1,249) (1,508) (686) (2,357) Net cash provi
Slide 35: Annual Adjusted EBITDA ($M)
Annual Adjusted EBITDA ($M) ($ in millions, unless otherwise stated) 2020 2021 2022 2023 2024 2025 Net income (loss) 80 1,906 2,833 2,822 2,542 2,068 Financial (income) expense 417 403 434 309 318 384 (Benefit) provision for income taxes (83) 272 529 523 545 525 Depreciation 547 551 605 652 630 560
Slide 36: Quarterly GAAP Condensed Consolidated Statement of Operations ($M)
Quarterly GAAP Condensed Consolidated Statement of Operations ($M) ($ in millions, unless otherwise stated) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Revenue 2,835 2,926 3,173 3,335 3,181 Cost of Revenue (1,275) (1,364) (1,386) (1,528) (1,393) Gross Profit 1,560 1,562 1,787 1,807 1,788 Research and de
Slide 37: Quarterly GAAP to Non-GAAP Reconciliation ($M)
Quarterly GAAP to non-GAAP Reconciliation ($M) Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 ($ in millions, unless otherwise stated) 2025 2025 2025 2025 2026 2025 2025 2025 2025 2026 GAAP Gross Profit 1,560 1,562 1,787 1,807 1,788 GAAP Results relating to equity accounted investees (4) (28) (1) (37) (4) Gross prof
Slide 38: Quarterly Cash Flow Overview ($M)
Quarterly Cash Flow Overview ($M) ($ in millions, unless otherwise stated) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Net cash provided by (used for) operating activities 565 779 585 891 793 Net cash provided by (used for) investing activities (216) (892) (783) (466) 508 Net cash provided by (used for)
Slide 39: Quarterly Adjusted EBITDA ($M)
Quarterly Adjusted EBITDA ($M) ($ in millions, unless otherwise stated) Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Net income (loss) 497 457 646 468 1,133 Reconciling items to adjusted net income Financial (income) expense 92 86 98 108 96 (Benefit) provision for income taxes 130 116 148 131 272 Depreci
Slide 40: Notable Product and Customer Engagement Announcements
Notable Product and Customer Engagement Announcements NXP Delivers New Innovations for Advanced Physical AI with NVIDIA NXP’s New i.MX 93W Fuses Edge Compute and Secure Wireless Connectivity to Accelerate Physical AI NXP Advances Edge AI Leadership with New eIQ Agentic AI Framework NXP and GE Health
Slide 41: NXP, A Future of Innovation and Long-term Value Creation
NXP, A Future of Innovation and Long-term Value Creation + + High Single Digit Organic Gross Margin Expansion 100% of Excess FCF Revenue Growth Above 60% to Our Owners S32 SDV Hybrid manufacturing Hybrid manufacturing Intelligent systems at the edge Mix / NPI RMS & system leadership Doubling non-GAA
Slide 42: nxp.com
nxp.com | Public | NXP and the NXP logo are trademarks of NXP B.V. All other product or service names are the property of their respective owners. © 2024 NXP B.V.