NXP Q1 Report 2022

Key Highlights for the First Quarter 2022:

• Revenue was $3.14 billion, up 22.2 percent year-on-year;
• GAAP gross margin was 56.7 percent, and GAAP operating margin was 27.8 percent;
• Non-GAAP gross margin was 57.6 percent, and non-GAAP operating margin was 35.7 percent;
• Cash flow from operations was $856 million, with net capex investments of $279 million, resulting in non-GAAP free cash flow of $577 million;
• On January 31, 2022, the NXP Board of Directors approved the payment of an interim dividend for the first quarter 2022 of $0.845 per ordinary share, reflecting an increase of 50 percent from the prior quarterly dividend. The interim dividend was paid in cash on April 6, 2022 to shareholders of record as of March 15, 2022;
• During the first quarter of 2022, NXP repurchased 2.65 million shares for a total cost of $552 million and paid cash dividends of $149 million, returning $701 million to shareholders, representing 121 percent of non-GAAP free cash flow