Key Highlights

  • NXP Semiconductors (NASDAQ:NXPI) reported third quarter 2026 GAAP diluted EPS of USD 3.48 and non-GAAP diluted EPS of USD 4.20 in the company's release of Tuesday, October 27, 2026 after the close.
  • GAAP net income was USD 884 million and non-GAAP net income was USD 1,065 million, a difference of USD 181 million, on revenue of USD 3,786 million for the quarter ended September 27, 2026.
  • Fourth quarter guidance puts GAAP gross margin at 57.6% to 58.7% and non-GAAP gross margin at 58.5% to 59.5%, with non-GAAP operating margin guided to 36.6% to 38.3%.
  • The shares traded down over 7% pre-market on Wednesday, October 28, 2026 after the outlook fell short. Pre-market prices are thinly traded and can change before the open at 9:30 a.m. ET.

Two Measures of the Same Quarter

NXP Semiconductors (NASDAQ:NXPI), a semiconductor company, reported third quarter 2026 GAAP net income of USD 884 million and non-GAAP net income of USD 1,065 million in its release of Tuesday, October 27, 2026. GAAP diluted EPS was USD 3.48 and non-GAAP diluted EPS was USD 4.20, a gap of USD 0.72. GAAP figures follow standard accounting rules, while non-GAAP figures exclude items chosen by the company, and the available figures do not itemise those exclusions. Dividing net income by EPS implies roughly 254 million diluted shares on both measures, on simple arithmetic. In pre-market trading on Wednesday, October 28, 2026, the shares were down over 7% after the fourth quarter outlook fell short.

How the Margin Guidance Separates the Two Bases

NXP Semiconductors (NASDAQ:NXPI) guided fourth quarter GAAP gross margin to 57.6% to 58.7% and non-GAAP gross margin to 58.5% to 59.5%, a gap of about 0.8 to 0.9 points. The difference widens at the operating line, where GAAP operating margin is guided to 31.1% to 33.0% and non-GAAP operating margin to 36.6% to 38.3%, a gap of about 5.3 to 5.5 points on simple arithmetic. Fourth quarter EPS is guided to USD 3.36 to USD 3.79 on a GAAP basis and USD 4.14 to USD 4.58 on a non-GAAP basis. Third quarter margins are not available, so the direction of change cannot be stated.

Risks and What to Watch

The bull reading is that a non-GAAP operating margin guided to 36.6% to 38.3% points to high profitability on the company's own basis. The bear reading is that the gap of about 5.4 points at the operating line shows how much cost the non-GAAP view excludes, and that EPS ranges spanning USD 0.43 to USD 0.44 leave wide room for outcomes. A further risk is thin pre-market liquidity. NXP Semiconductors (NASDAQ:NXPI) investors should watch the Federal Reserve decision due later on Wednesday, October 28, 2026, the open at 9:30 a.m. ET and any itemised reconciliation in the company's filings, whose timing is not available.

Where Things Stand

The answer is that NXP Semiconductors (NASDAQ:NXPI) shows a gap of USD 0.72 between GAAP EPS of USD 3.48 and non-GAAP EPS of USD 4.20, equal to USD 181 million of net income, and the margin guidance keeps both bases in a narrow band. The key number is the 36.6% to 38.3% non-GAAP operating margin range. The next catalysts are the Federal Reserve decision due later on Wednesday, October 28, 2026 and the open at 9:30 a.m. ET that day. Pre-market prices are snapshots and can change, and this is not investment advice.