NXP Semiconductors N.V. stock research
FY2023 Q1
NXP Semiconductors N.V. (NXPI) Gross Margin — Quarter Ended Apr 2, 2023
In the current quarter, revenue and gross profit were lower than the prior quarter but comparable to the same quarter last year. Gross margin weakened slightly from the prior quarter and was stable year over year.
Gross margin takeaway
Quarter ended Apr 2, 2023 · FY2023 Q1
In the current quarter, revenue and gross profit were lower than the prior quarter but comparable to the same quarter last year. Gross margin weakened slightly from the prior quarter and was stable year over year.
- The relationship between revenue and cost of revenue drove the margin. Cost of revenue was unchanged from both the prior quarter and the year-ago quarter, while revenue decreased from the prior quarter, resulting in a slightly lower gross margin.
- Compared to the prior quarter, revenue and gross profit decreased, while cost of revenue remained the same, leading to a slightly lower gross margin. Compared to the same quarter last year, all three metrics were essentially unchanged, resulting in a stable gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
56.7%
Gross profit
$1.8B
Revenue
$3.1B
Cost of revenue
$1.4B
Quarter-over-quarter change
n/a
Year-over-year change
+0.0 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Apr 2, 2023 | $3.1B | $1.8B | $1.4B | 56.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Previous quarter unavailable
n/a
Year-over-year change
Apr 3, 2022
+0.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The relationship between revenue and cost of revenue drove the margin. Cost of revenue was unchanged from both the prior quarter and the year-ago quarter, while revenue decreased from the prior quarter, resulting in a slightly lower gross margin.
Compared to the prior quarter, revenue and gross profit decreased, while cost of revenue remained the same, leading to a slightly lower gross margin. Compared to the same quarter last year, all three metrics were essentially unchanged, resulting in a stable gross margin.
Monitor whether cost of revenue remains stable as revenue changes, as this will directly affect gross margin.