NASDAQ$NXPI

NXP Semiconductors · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

NXP's financial performance for Q4 2024, with revenue at $3.11 billion and non-GAAP EPS at $3.18, was reported.

NXP Semiconductors reported Q4 2024 revenue of $3.11 billion, a 9% decrease year-over-year, and full-year 2024 revenue of $12.61 billion, a 5% decrease year-over-year. The company's Q4 non-GAAP EPS was $3.18. NXP delivered resilient results throughout 2024, reflecting solid execution, consistent gross margin, and healthy free cash flow generation despite a challenging market environment.

  • Q4 revenue was $3.11 billion, a decrease of 9% year-on-year.
  • Q4 GAAP gross margin was 53.9%, with a GAAP operating margin of 21.7% and GAAP diluted Net Income per Share of $1.93.
  • Q4 Non-GAAP gross margin was 57.5%, non-GAAP operating margin was 34.2%, and non-GAAP diluted Net Income per Share was $3.18.
  • Q4 cash flow from operations was $391 million, resulting in non-GAAP free cash flow of $292 million.

Headline financials

Total Revenue

$3.11B

Previous: $3.42B-9.1%
EPS (adj)

$3.18

Previous: $3.71-14.3%
Channel Inventory

8

Previous: 1.5+433.3%
Capital Expenditures

-$147M

Previous: -$208M+29.7%
Net Income

$505M

Previous: $703M-28.2%
Operating Income

$675M

Previous: $907M-25.6%
Gross Profit

$1.68B

Previous: $1.94B-13.4%

Revenue & EPS history

NXP · Revenue · Quarterly

$3.11B

Q4 2024-9.1%vs Q4 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

NXP · $3.43B total across 4 segments · Q3 2023

  • Automotive
    $1.89B+4.8%
  • Industrial & IoT
    $607M-14.9%
  • Comm. Infra & Other
    $559M+7.9%
  • Mobile
    $377M-8.0%

Forward guidance

For the first quarter of 2025, NXP projects revenue between $2.725 billion and $2.925 billion. The company anticipates a GAAP gross margin between 54.6% and 55.7%, and a GAAP operating margin between 23.9% and 26.4%.

Tailwinds

  • Revenue is expected to be between $2.725 billion and $2.925 billion.
  • GAAP gross margin is projected to be between 54.6% and 55.7%.
  • GAAP operating margin is expected to range from 23.9% to 26.4%.
  • Diluted earnings per share are forecasted between $1.75 and $2.14.
  • Non-GAAP diluted EPS is projected between $2.39 and $2.79.

Headwinds

  • Revenue is expected to decline by 12% to 6% quarter-over-quarter.
  • Revenue is expected to decline by 13% to 6% year-over-year.
  • Financial income (expense) is expected to be $(90) million.
  • Equity-accounted investees are projected to contribute $(4) million.
  • Non-controlling interests are expected to account for $(5) million.

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 2024

Historical avgQ4 2024

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro