$NXPI 8-K earnings — Q2 FY26

NXPI reported Q2 non-GAAP EPS of $3.61, beating consensus of $3.40 by $0.21 (+6.2%), on revenue of $3.50B, above estimates of $3.42B. Revenue surged 19% YoY and 10% QoQ, with all end markets growing; guidance for Q3 implies continued momentum. The key nuance: non-GAAP gross margin expanded 150bps YoY to 58.0%, driven by mix shift toward higher-margin Automotive and Industrial IoT, while operating leverage pushed non-GAAP operating margin to 35.1% — a 310bps YoY improvement.

NXPI reported Q2 non-GAAP EPS of $3.61, beating consensus of $3.40 by $0.21 (+6.2%), on revenue of $3.50B, above estimates of $3.42B. Revenue surged 19% YoY and 10% QoQ, with all end markets growing; guidance for Q3 implies continued momentum. The key nuance: non-GAAP gross margin expanded 150bps YoY to 58.0%, driven by mix shift toward higher-margin Automotive and Industrial IoT, while operating leverage pushed non-GAAP operating margin to 35.1% — a 310bps YoY improvement.