v3.26.1
Supplemental Financial Information
 3 Months Ended
Mar. 29, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Statement of Operations Information:

Disaggregation of revenue

The following table presents revenue disaggregated by sales channel:
For the three months ended
March 29, 2026March 30, 2025
Distributors1,862 1,524 
Direct1,282 1,284 
Other
37 27 
Total - Revenue3,181 2,835 

Depreciation, amortization and impairment

For the three months ended
March 29, 2026March 30, 2025
Depreciation of property, plant and equipment109 143 
Amortization of internal use software13 8 
Amortization of other identified intangible assets57 58 
Total - Depreciation, amortization and impairment179 209 


Financial income and expense

For the three months ended
March 29, 2026March 30, 2025
Interest income31 35 
Interest expense(114)(106)
Other financial income (expense)(13)(21)
Total - Financial income (expense)(96)(92)
Earnings per share

The computation of earnings per share (EPS) is presented in the following table:
For the three months ended
March 29, 2026March 30, 2025
Net income (loss)1,133 497 
Less: net income (loss) attributable to non-controlling interests11 7 
Net income (loss) attributable to stockholders1,122 490 
Weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)252,715 253,709 
Plus incremental shares from assumed conversion of:
Options 1)
4 94 
Restricted Share Units, Performance Share Units and Equity Rights 2)
806 1,215 
Dilutive potential common shares810 1,309 
Adjusted weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)253,525 255,018 
EPS attributable to stockholders in $:
Basic net income (loss)4.44 1.93 
Diluted net income (loss)4.43 1.92 
1)    There were no stock options to purchase shares of NXP’s common stock that were outstanding in Q1 2026 (Q1 2025: no stock options to purchase shares) that were anti-dilutive and were not included in the computation of diluted EPS because the exercise price was greater than the average fair market value of the common stock or the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense and exercise prices were greater than the weighted average number of shares underlying outstanding stock options.
2)    There were no unvested RSUs, PSUs and equity rights that were outstanding in Q1 2026 (Q1 2025: no unvested RSU's, PSU's and equity rights) that were anti-dilutive and were not included in the computation of diluted EPS because the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense were greater than the weighted average number of outstanding unvested RSUs, PSUs and equity rights or the performance goal has not been met.


Balance Sheet Information

Cash and cash equivalents

At March 29, 2026, and December 31, 2025, our cash balance was $3,708 million and $3,267 million, respectively, of which $326 million and $361 million was held by SSMC, our consolidated joint venture company with TSMC. Under the terms of our joint venture agreement with TSMC, a portion of this cash can be distributed by way of a dividend to us, but 38.8% of the dividend will be paid to our joint venture partner. During 2025, no dividend was paid by SSMC. During the first quarter of 2026, SSMC declared a dividend of $150 million, of which $75 million was paid in the first quarter, with 38.8% being paid to our joint venture partner.

Inventories

Inventories are summarized as follows:
March 29, 2026December 31, 2025
Raw materials97 92 
Work in process1,802 1,778 
Finished goods624 707 
2,523 2,577 

The amounts recorded above are net of allowance for obsolescence of $141 million as of March 29, 2026 (December 31, 2025: $152 million).
Equity Investments

At March 29, 2026, and December 31, 2025, the total carrying value of investments in equity securities is summarized as follows:
March 29, 2026December 31, 2025
Marketable equity securities2 1 
Non-marketable equity securities162 118 
Equity-accounted investments1,017 826 
1,181 945 
    

The total carrying value of investments in equity-accounted investees is summarized as follows:
March 29, 2026December 31, 2025
Shareholding %AmountShareholding %Amount
VisionPower Semiconductor Manufacturing Company Pte. Ltd. (VSMC)40.00 %817 40.00 %623 
European Semiconductor Manufacturing Company (ESMC) GmbH 1)
10.00 %176 10.00 %180 
Others— 24 — 23 
1,017 826 
1) NXP accounts for its investment in ESMC under the equity method due to our ability to exercise significant influence over ESMC’s operations, primarily through representation on ESMC’s shareholders’ committee and other operational arrangements.
Results related to equity-accounted investees at the end of each period were as follows:
For the three months ended
March 29, 2026March 30, 2025
Company's share in income (loss)(4)(4)
Other results— — 
(4)(4)


Other current liabilities

Other current liabilities at March 29, 2026, and December 31, 2025, consisted of the following:
March 29, 2026December 31, 2025
Accrued compensation and benefits470 393 
Dividend payable256 256 
Customer programs150 57 
Income taxes payable260 83 
Other715 656 
1,851 1,445 


Accumulated other comprehensive income (loss)

Total comprehensive income (loss) represents net income (loss) plus the results of certain equity changes not reflected in the Condensed Consolidated Statements of Operations. The after-tax components of accumulated other comprehensive income (loss) and their corresponding changes are shown below:
Currency 
translation
differences		Change in
fair value
cash flow
hedges		Net actuarial
gain/(losses)		Accumulated 
Other
Comprehensive
Income (loss)
As of December 31, 2025247 2 (36)213 
Other comprehensive income (loss) before
   reclassifications		(37)(3)(1)(41)
Amounts reclassified out of accumulated other
   comprehensive income (loss)		— (2)— (2)
Tax effects— 1 — 1 
Other comprehensive income (loss)(37)(4)(1)(42)
As of March 29, 2026210 (2)(37)171 

Cash dividends

The following dividends were declared during the first three months of 2026 and 2025 under NXP’s quarterly dividend program:

Fiscal Year 2026Fiscal Year 2025
Dividend per shareAmountDividend per shareAmount
First quarter1.014 256 1.014 257 

The dividend declared in the first quarter (not yet paid) is classified in the Condensed Consolidated Balance Sheet in other current liabilities as of March 29, 2026, and was subsequently paid on April 9, 2026.