Overview
- NXP reported Q4 revenue of $3.34 billion and non‑GAAP EPS of $3.35, topping guidance with roughly a 35% operating margin.
- The company forecast Q1 revenue of $3.05–$3.25 billion and adjusted EPS of $2.77–$3.17, with midpoints above LSEG consensus.
- NXP completed the sale of its MEMS sensors business to STMicro for about $900 million plus contingent consideration and halted new RF Power product development, incurring about $90 million in restructuring charges to prioritize software‑defined vehicles and physical AI.
- Communications revenue fell 18% in Q4, and shares declined about 5% in extended trading, while automotive and industrial remain the core end markets at roughly 55% and 18% of sales.
- Quarterly non‑GAAP free cash flow was $793 million as the company returned $338 million in buybacks and $254 million in dividends, ended with $8.96 billion in net debt, and cited manufacturing investments that could lift gross margins by about 200 basis points when fully ramped.