NXP reports 19% revenue growth and adds $5 billion buyback authorization
Filed with the SEC on · Summarized by InvestorsBot
NXP reported third-quarter 2026 revenue of $3.79 billion for the period ended September 27, up 19% year over year, with GAAP diluted EPS of $3.48 and non-GAAP diluted EPS of $4.20. The company generated $1.21 billion in non-GAAP free cash flow and authorized an additional $5 billion for share repurchases in October, on top of $1.3 billion remaining under its prior authorization; NXP expects fourth-quarter revenue of $3.75 billion to $3.95 billion and non-GAAP diluted EPS of $4.14 to $4.58.