Nxp Semiconductors N.v. · NASDAQ:NXPI
Nxp Semiconductors — Q3 2025 Earnings Presentation
42 slides from Nxp Semiconductors's earnings presentation, Oct 28, 2025
Slide 1: NXP Investor Presentation Third Quarter 2025
NXP Investor Presentation Third Quarter 2025 October 2025 | 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 Refining strategic focus & financial discipline Intelligent edge systems Year End $230 Share Price $228 $208 Marvell $159 Connectivity $158 Freescale Assets Acquired Merger $127 $117 $98 $84 $76 $73 Non-GAAP IPO 36.3% 35.1% 34.6% Op. Margin $46 32.9% $
Slide 5: Total Semiconductor Market Macrotrends Drive Waves of Growth
Total Semiconductor Market Macrotrends Drive Waves of Growth $1.3 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 Lead Growth at the Intelligent Edge Within a $1.3T Opportunity
Auto & Industrial Lead Growth at the Intelligent Edge Within a $1.3T Opportunity Global Semiconductor market value by vertical, $billion Growth contribution 2021-2030E $B ( % of Total) CAGR, % 9% ~ 1,300 ~ 700 300 300 (43%) GenAI 60 80 140 8% 5% 30 (4%) Wired 140 30 (4%) Consumer 100% 10% 600 Indust
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 Investment matrix Augmenting product leadership Focus on RMS leadership at above market growth with system leadership Relative market share (RMS) Sustain Invest Product High leadership for growth Leadership De-prioritize Seed investment System R&D
Slide 10: NXP Semiconductors – At a Glance
NXP Semiconductors – At a Glance 2024 Geographic Revenue Ship-To by Region 2024 Revenue Ship-To by Channel EMEA, Americas, $2.7B, 22% $1.8B, 14% Distribution, Direct & Other, $7.2B, 57% $5.4B, 43% Asia Pacific ex-China, China, $3.5B, 28% $4.6B, 36% Hybrid Manufacturing - Front-end Sourcing Hybrid Ma
Slide 11: NXP Revenue Growth in Next 3 Years
NXP Revenue Growth in Next 3 Years 2024 Revenue by Revenue by business type end-market exposure 2024A-2027E CAGR ~$16.0B 6 - 10% $12.6B Accelerated growth ~38% 57% $11.1B 15 - 25% Automotive ~27% 18% ~62% ~73% 82% Core businesses ~3% 12% Mobile 18% Industrial 13% & 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 2024E - 27E CAGR SAAR Low single digit growth ~$9.5B 8 - 12% Pricing $7.2B Accelerated Low single digit erosion growth drivers $5.5B 15 - 25% Content per vehicle Mid to high single digit growth Macro-environment Cor
Slide 14: Intelligent Edge Systems Are Key to Create Efficiency and Sustainability
Intelligent Edge Systems Are Key to Create Efficiency and Sustainability Megatrends driving an upgrade cycle Industrial & IoT SAM ($B) 44.9 7% CAGR Factory Productivity Energy Enhanced 9.4 Automation 31.6 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 2024E - 27E 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% M
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 $1.5B 2024 2027E 202
Slide 17: Hybrid Manufacturing: Value Creation and Customer Enablement
Hybrid Manufacturing: Value Creation and Customer Enablement Wafer volume Front End Mix Back End Mix ~ 2.3M 20% ~1.9M 0.4 ≤ 28nm 86% 0.2 20% Internal* ~1.5M 0.1 1.0 130-40nm 35% 80% 0.8 Internal* 80% 0.6 38% 80% External 86% 65% 85% 0.8 0.9 0.9 > 130nm 62% 20% 20% External 14% 2024 2027E 2030E 2024
Slide 18: Diverse End-Customer Base with High Barriers to Entry
Diverse End-Customer Base with High Barriers to Entry Top 20 End-customers are less than 45% of 2024 Revenue >25,000 Total Customers No 10% Customers Automotive Industrial & IoT Mobile Comm. Infra. & Other 18 | NXP | Public Reflects 2024 sales on a ship to basis through all channels
Slide 19: Driving Profitable Growth in Excess of Addressable Market
Driving Profitable Growth in Excess of Addressable Market As Reported Revenue Non-GAAP Gross Profit / Non-GAAP Gross Margin Up 7% 5-yr. CAGR ($B) Up 9% 5-yr. CAGR ($B) 53.5% 51.1% 56.1% 57.9% 58.5% 58.1% $8.9 $8.6 $11.1 $13.2 $13.3 $12.6 $4.7 $4.4 $6.2 $7.6 $7.8 $7.3 2019 2020 2021 2022 2023 2024 20
Slide 20: Annual Revenue by End Market ($B)
Annual Revenue by End Market ($B) Automotive Industrial & IoT Up 11% 5-yr. CAGR ($B) Up 7% 5-yr. CAGR ($B) $4.2 $3.8 $5.5 $6.9 $7.5 $7.2 $1.6 $1.8 $2.4 $2.7 $2.4 $2.3 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 Mobile Communication Infrastructure & Other Up 5% 5-yr. CAGR ($B) Down 2%
Slide 21: Recent Quarterly Business Trends
Recent Quarterly Business Trends As Reported Revenue ($M) Non-GAAP Gross Profit / Non-GAAP Gross Margin 8% Q-Q (2%) Y-Y 58.2% 57.5% 56.1% 56.5% 57.0% 58.2% 58.4% 3,250 3,111 2,835 2,926 3,173 1,892 1,789 1,591 1,652 1,810 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Non-GAAP Operating
Slide 22: Quarterly Revenue by End Market ($M)
Quarterly Revenue by End Market ($M) Automotive Industrial & IoT 6% Q-Q - Y-Y 6% Q-Q 3% Y-Y $1,829 $1,790 $1,674 $1,729 $1,837 $563 $516 $508 $546 $579 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Mobile Communication Infrastructure & Other 30% Q-Q 2% Q-Q 6% Y-Y (27%) Y-Y $407 $396 $3
Slide 23: A Robust Shareholder Centric Capital Return Policy
A Robust Shareholder Centric Capital Return Policy Capital Return ($B) Increased 25% from 2018 to 2024 (6-yr. CAGR) Capital Return Policy: 135% • Return All Excess non-GAAP FCF 122% 124% 114% Cumulative Capital Return 2018 – 2024: 108% 109% 102% • $19.2B or 109% of non-GAAP FCF $5.1B 1% $4.6B • Capi
Slide 24: Debt Summary at the End of 3Q25
Debt Summary at the End of 3Q25 $670 $370 $300 $750 $500 $500 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $700 $500 $500 $500 $500 $500 $15 2025 2026 2027 2028 2029 2030 2031 2032 2033 2035 2041 2042 2051 Comm. Paper Program (4.67%) '25 Sr. Unsecured Note (2.70%) '26 Sr. Unsecured Note (5.35%) '26 Sr.
Slide 25: Working Capital Ratios (Days)
Working Capital Ratios (Days) DSO DPO 30 30 34 33 31 60 65 62 60 58 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 DIO Cash Conversion Cycle 149 151 169 158 161 119 116 141 131 134 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 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 $800M Net Capex % of Revenue 6 to 8% 6.6% (
Slide 28: Guidance for the Fourth Quarter of 2025
Guidance for the Fourth Quarter of 2025 GAAP Reconciliation Non-GAAP Low Mid High Low Mid High Total Revenue 3,200 3,300 3,400 3,200 3,300 3,400 Q-Q 1% 4% 7% 1% 4% 7% Y-Y 3% 6% 9% 3% 6% 9% Gross Profit 1,796 1,870 1,944 (28) 1,824 1,898 1,972 Gross Margin 56.1% 56.7% 57.2% 57.0% 57.5% 58.0% Operatin
Slide 29: NXP Sustainability Mission
NXP Sustainability Mission Strategy Guiding principles Goals Push boundaries and explore new Develop higher-performing, more Innovate advancements that enable approaches to develop innovative energy-efficient solutions that a better, safer, more secure and and sustainable products positively impacts
Slide 30: NXP 2024 Sustainability Progress
NXP 2024 Sustainability Progress Scope 3 Additional Progress Scope 1 Scope 2 Upstream and Direct sources Indirect sources 5 percentage- downstream sources 0.4% decrease 36% decrease point increase electricity PFC emissions in renewable consumption from 2023 energy usage from 2023 from 2023 3% decrea
Slide 31: NXP Sustainability Ratings
NXP Sustainability Ratings BB AA AAA AAA AAA 2020 2021 2022 2023 2024 Low Risk Low Risk Medium Risk Low Risk Low Risk 19.4 19.8 21.6 19.8 16.7 2020 2021 2022 2023 2024 Climate: C Climate: C Climate: D Climate: D Climate: D Water: B- Water: B- Water: D Water: D Water: D 2020 2021 2022 2023 2024 C+ C+
Slide 32: Annual GAAP Condensed Consolidated Statement of Operations ($M)
Annual GAAP Condensed Consolidated Statement of Operations ($M) ($ in millions, unless otherwise stated) 2019 2020 2021 2022 2023 2024 Revenue 8,877 8,612 11,063 13,205 13,276 12,614 Cost of Revenue 4,259 4,377 4,996 5,688 5,723 5,495 Gross Profit 4,618 4,235 6,067 7,517 7,553 7,119 Research and dev
Slide 33: Annual GAAP to Non-GAAP Reconciliation ($M)
Annual GAAP to non-GAAP Reconciliation ($M) ($ in millions, unless otherwise stated) 2019 2020 2021 2022 2023 2024 GAAP Gross Profit 4,618 4,235 6,067 7,517 7,553 7,119 Gross profit adjustments (131) (165) (138) (126) (209) (213) Non - GAAP Gross Profit 4,749 4,400 6,205 7,643 7,762 7,332 GAAP Gross
Slide 34: Annual Cash Flow Overview ($M)
Annual Cash Flow Overview ($M) ($ in millions, unless otherwise stated) 2019 2020 2021 2022 2023 2024 Net cash provided by (used for) operating activities 2,373 2,482 3,077 3,895 3,513 2,782 Net cash provided by (used for) investing activities (2,284) (418) (934) (1,249) (1,508) (686) Net cash provi
Slide 35: Annual Adjusted EBITDA ($M)
Annual Adjusted EBITDA ($M) ($ in millions, unless otherwise stated) 2019 2020 2021 2022 2023 2024 Net income (loss) 272 80 1,906 2,833 2,822 2,542 Financial (income) expense 350 417 403 434 309 318 (Benefit) provision for income taxes 20 (83) 272 529 523 545 Depreciation 518 547 551 605 652 630 Amo
Slide 36: Quarterly GAAP Condensed Consolidated Statement of Operations ($M)
Quarterly GAAP Condensed Consolidated Statement of Operations ($M) ($ in millions, unless otherwise stated) Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Revenue 3,250 3,111 2,835 2,926 3,173 Cost of Revenue (1,384) (1,433) (1,275) (1,364) (1,386) Gross Profit 1,866 1,678 1,560 1,562 1,787 Research and de
Slide 37: Quarterly GAAP to Non-GAAP Reconciliation ($M)
Quarterly GAAP to non-GAAP Reconciliation ($M) Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 ($ in millions, unless otherwise stated) 2024 2024 2025 2025 2025 2024 2024 2025 2025 2025 GAAP Gross Profit 1,866 1,678 1,560 1,562 1,787 GAAP Net income (loss) attributable to stockholders 718 495 490 445 631 PPA Effects
Slide 38: Quarterly Cash Flow Overview ($M)
Quarterly Cash Flow Overview ($M) Q3 Q4 Q1 Q2 Q3 ($ in millions, unless otherwise stated) 2024 2024 2025 2025 2025 Net cash provided by (used for) operating activities 779 391 565 779 585 Net cash provided by (used for) investing activities (371) 198 (216) (892) (783) Net cash provided by (used for)
Slide 39: Quarterly Adjusted EBITDA ($M)
Quarterly Adjusted EBITDA ($M) Q3 Q4 Q1 Q2 Q3 ($ in millions, unless otherwise stated) 2024 2024 2025 2025 2025 Net income (loss) 729 505 497 457 646 Reconciling items to adjusted net income Financial (income) expense 82 91 92 86 98 (Benefit) provision for income taxes 173 77 130 116 148 Depreciatio
Slide 40: Notable Product Announcements
Notable Product Announcements NXP’s New Battery Cell Control IC Family Advances New Energy Solution 40 | NXP | Public
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.