NASDAQ$NXPI

NXP Semiconductors · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

NXP's Q4 2021 financial results were reported, showing revenue increase and dividend raise.

NXP delivered a full-year record revenue of $11.06 billion, a 28% increase year-on-year. In Q4, revenue reached $3.04 billion, a 21% increase year-on-year, surpassing the midpoint of the guidance range. The company saw significant design win traction and anticipates continued growth in 2022.

  • Fourth-quarter revenue was $3.04 billion, up 21.2 percent year-on-year.
  • Fourth-quarter GAAP gross margin was 56.2 percent, and GAAP operating margin was 26.6 percent.
  • Fourth-quarter non-GAAP gross margin was 57.3 percent, and non-GAAP operating margin was 34.9 percent.
  • The NXP Board of Directors approved a 50 percent increase in the quarterly cash dividend to $0.845 per ordinary share and a new $2.00 billion 2022 Share Repurchase Program.

Headline financials

Total Revenue

$3.04B

Previous: $2.51B+21.2%
EPS (adj)

$3.20

Previous: $2.22+44.1%
Channel Inventory

1.5

Previous: 1.6-6.3%
Capital Expenditures

$266M

Previous: $104M+155.8%
Free Cash Flow

$519M

Previous: $926M-44.0%
Net Income

$610M

Previous: $320M+90.6%
Operating Income

$807M

Previous: $463M+74.3%
Gross Profit

$1.71B

Previous: $1.29B+32.5%
Cash & Equivalents

$2.83B

Previous: $2.28B+24.4%
Total Assets

$20.9B

Previous: $19.8B+5.1%
Stock-Based Comp

$88M

Previous: $89M-1.1%

Revenue & EPS history

NXP · Revenue · Quarterly

$3.04B

Q4 2021+21.2%vs Q4 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

NXP · $3.04B total across 4 segments · Q4 2021

  • Automotive
    $1.55B+29.7%
  • Industrial & IoT
    $661M+29.4%
  • Comm. Infra & Other
    $457M+16.0%
  • Mobile
    $374M-8.6%

Forward guidance

NXP anticipates revenue will grow 8-to-12 percent 3-year CAGR, 2021 to 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.1%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+4.5%

Avg return

30 days after

57%

36 / 63 earnings

Positive

+11.4%

Q3 2018

Best reaction

-21.9%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.5%+1.1%+11.1%
Q1 2026-2.2%+26.2%+39.5%
Q3 2025-4.0%-5.6%-12.5%
Q2 2025+0.4%-0.5%-5.1%
Q1 2025-6.9%-4.1%-0.2%
Q4 2024-1.1%+4.0%+4.8%
Q3 2024-5.8%-2.0%-6.3%
Q2 2024-2.6%-5.8%-5.6%
Q1 2024+5.6%+6.2%+12.8%
Q4 2023+3.7%+8.6%+16.9%
Q3 2023+2.3%+2.8%+13.4%
Q2 2023+3.1%+4.7%-5.7%
Q1 2023+4.7%+1.9%+9.4%
Q4 2022+1.5%+5.2%-1.5%
Q3 2022+0.1%-0.4%+15.9%
Q2 2022-0.4%+5.0%-1.2%
Q1 2022+4.2%+3.9%+8.0%
Q4 2021+9.9%+4.6%-0.6%
Q3 2021+2.8%+11.6%+11.0%
Q2 2021+2.0%+3.6%+2.5%
Q1 2021+0.9%-4.5%+2.3%
Q4 2020+10.4%+13.4%+9.7%
Q3 2020-2.9%-1.5%+14.9%
Q2 2020-0.4%+1.5%+10.2%
Q1 2020+4.1%+1.1%+10.5%
Q4 2019+2.9%+4.3%-4.4%
Q3 2019+8.1%+11.5%+10.9%
Q2 2019+3.4%-1.9%-2.0%
Q1 2019+6.7%+9.2%-10.0%
Q4 2018+0.5%-1.1%+3.3%
Q3 2018+11.4%+9.8%+10.4%
Q2 2018-3.5%-3.1%-6.5%
Q1 2018-11.2%-5.3%+9.6%
Q4 2017-1.9%-1.4%+4.7%
Q3 2017-0.1%-0.1%-1.8%
Q2 2017-0.4%+1.7%+1.6%
Q1 2017+1.0%+1.1%+3.2%
Q4 2016+1.2%+2.2%+6.1%
Q3 2016-1.6%-0.6%-1.1%
Q2 2016-4.0%-4.2%+0.7%
Q1 2016+2.7%
Q4 2015+4.7%
Q3 2015-19.2%
Q2 2015+7.5%
Q1 2015-0.1%
Q4 2014-1.8%
Q3 2014-0.7%
Q2 2014-1.4%
Q1 2014+2.3%
Q4 2013+5.5%
Q3 2013+6.1%
Q2 2013+5.1%
Q1 2013+5.7%
Q4 2012+2.6%
Q3 2012-4.9%
Q2 2012+2.3%
Q1 2012+2.3%
Q4 2011+1.2%
Q2 2011-21.9%
Q3 2011-21.9%
Q1 2011-2.5%
Q4 2010-7.7%
Q3 2010-1.5%
Q2 2010
Q1 2010

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