NXP Q3 2022 Earnings Report
Key Takeaways
NXP Semiconductors reported a revenue of $3.45 billion, a 20.4 percent increase year-on-year. The company's performance was impacted by the weakening macro-environment in the consumer-exposed IoT business, while demand in the automotive and industrial markets remained resilient.
Revenue was $3.45 billion, up 20.4 percent year-on-year.
GAAP gross margin was 57.1 percent, and GAAP operating margin was 29.1 percent.
Non-GAAP gross margin was 58.0 percent, and non-GAAP operating margin was 36.9 percent.
Cash flow from operations was $1,144 million, with net capex investments of $281 million, resulting in non-GAAP free cash flow of $863 million.
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NXP Revenue by Segment
Forward Guidance
NXP Semiconductors provided guidance for the fourth quarter of 2022, with revenue expected to be between $3.2 billion and $3.4 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income