NX
NXPI
Quarter ended Oct 1, 2023 · FY2023 Q3

NXP Semiconductors N.V. (NXPI) Revenue — Quarter Ended Oct 1, 2023

Revenue for the quarter increased from the immediately preceding period. Compared to the same quarter one year earlier, revenue was slightly lower.

Key takeaway

Quarter ended Oct 1, 2023 · FY2023 Q3

Revenue for the quarter increased from the immediately preceding period. Compared to the same quarter one year earlier, revenue was slightly lower.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$3.4B

Revenue reported for this quarter.

Quarter-over-quarter

+4.1%

Change from the immediately preceding quarter.

Year-over-year

-0.3%

Change from the comparable year-ago quarter.

Trailing four quarters

$13.2B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Dec 31, 2022$3.3B+9.0%
Apr 2, 2023$3.1B-0.5%
Jul 2, 2023$3.3B-0.4%
Oct 1, 2023$3.4B-0.3%

Revenue performance

The reported revenue reflects a sequential improvement, reversing the prior quarter's decline.

Quarterly comparison

Sequentially, revenue rose from the prior quarter's level. On a year-over-year basis, revenue was marginally below the comparable quarter.

What to watch

Monitor whether revenue can sustain sequential growth while narrowing the year-over-year gap.