NXP Semiconductors N.V. (NXPI) Cash Flow Statement
Where NXPI’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $2.82B +1.4% vs 2024
- Capital expenditures
- $537.0M 4.4% of revenue
- Free cash flow
- $2.28B 18.6% margin
- Returned to shareholders
- $1.92B 84% of free cash flow
- Change in cash
- −$25.0M cash at year-end $3.27B
Cash from operations
$2.82B
Capital expenditures
−$537.0M
Investments (net)
−$647.0M
Acquisitions & other
−$1.17B
Dividends
−$1.02B
Share buybacks (net)
−$899.0M
Net borrowing (repayment)
+$1.37B
Other financing
+$62.0M
Change in cash
−$25.0M
Drawn to scale: where the cash came from and how it was used. Hover for values.
NXPI operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
NXPI cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $2.30B2016 | $2.82B2025 | +2.3%/yr | |
| Capital expenditures | $448.0M2016 | $537.0M2025 | +2.0%/yr | |
| Free cash flow | $1.85B2016 | $2.28B2025 | +2.3%/yr | |
| Free cash flow margin | 19.5%2016 | 18.6%2025 | −0.9 pts | |
| Operating cash flow / net income | 1.082017 | 1.402025 | +0.32 | |
| Stock-based compensation | $338.0M2016 | $462.0M2025 | +3.5%/yr | |
| Dividends paid | $74.0M2016 | $1.02B2025 | +33.9%/yr | |
| Share buybacks (net) | $1.28B2016 | $899.0M2025 | −3.8%/yr | |
| Capex / revenue | 4.7%2016 | 4.4%2025 | −0.3 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NXPI cash flow by activity
OperatingInvestingFinancingChange in cash
NXPI net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
NXPI cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $2.02B | $2.54B | $2.80B | $2.83B | $1.91B | $80.0M | $272.0M | $2.26B | $2.27B | −$133.0M |
| Depreciation & amortization | $832.0M | $925.0M | $1.11B | $1.25B | $1.26B | $1.99B | $2.05B | $1.99B | $2.17B | $2.21B |
| Stock-based compensation | $462.0M | $461.0M | $411.0M | $364.0M | $353.0M | $384.0M | $346.0M | $314.0M | $281.0M | $338.0M |
| Change in working capital | −$587.0M | −$925.0M | −$574.0M | −$348.0M | −$457.0M | $443.0M | −$160.0M | −$3.0M | $36.0M | $371.0M |
| Other non-cash items | $92.0M | −$221.0M | −$227.0M | −$204.0M | $13.0M | −$413.0M | −$132.0M | −$187.0M | −$2.31B | −$478.0M |
| Cash from operating activities | $2.82B | $2.78B | $3.51B | $3.90B | $3.08B | $2.48B | $2.37B | $4.37B | $2.45B | $2.30B |
| Investing activities | ||||||||||
| Capital expenditures | −$537.0M | −$727.0M | −$1.01B | −$1.23B | −$932.0M | −$522.0M | −$628.0M | −$661.0M | −$618.0M | −$448.0M |
| Investments (net) | −$647.0M | −$686.0M | −$1.15B | −$1.25B | −$934.0M | −$418.0M | −$2.28B | −$3.0M | −$3.0M | −$627.0M |
| Acquisitions & other investing | −$1.17B | $727.0M | $649.0M | $1.23B | $932.0M | $522.0M | $628.0M | $142.0M | $2.69B | $448.0M |
| Cash from investing activities | −$2.36B | −$686.0M | −$1.51B | −$1.25B | −$934.0M | −$418.0M | −$2.28B | −$522.0M | $2.07B | −$627.0M |
| Financing activities | ||||||||||
| Dividends paid | −$1.02B | −$1.04B | −$1.01B | −$815.0M | −$562.0M | −$420.0M | −$319.0M | −$74.0M | −$74.0M | −$74.0M |
| Share repurchases & issuance (net) | −$899.0M | −$1.37B | −$1.05B | −$1.43B | −$4.01B | −$627.0M | −$1.44B | −$5.01B | −$286.0M | −$1.28B |
| Net borrowing (repayment) | $1.37B | −$330.0M | $0 | $579.0M | $2.98B | $191.0M | $191.0M | $723.0M | −$2.74B | −$80.0M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $62.0M | $79.0M | $69.0M | $43.0M | $13.0M | $21.0M | −$260.0M | −$240.0M | $218.0M | $42.0M |
| Cash from financing activities | −$494.0M | −$2.66B | −$1.99B | −$1.62B | −$1.58B | −$835.0M | −$1.83B | −$4.60B | −$2.89B | −$1.39B |
| Summary | ||||||||||
| Net change in cash | −$25.0M | −$570.0M | $17.0M | $1.01B | $555.0M | $1.23B | −$1.74B | −$758.0M | $1.65B | $280.0M |
| Cash at end of period | $3.27B | $3.29B | $3.86B | $3.85B | $2.83B | $2.27B | $1.04B | $2.79B | $3.55B | $1.89B |
| Free cash flow | $2.28B | $2.06B | $2.51B | $2.67B | $2.15B | $1.96B | $1.75B | $3.71B | $1.83B | $1.85B |
| Free cash flow margin | 18.6% | 16.3% | 18.9% | 20.2% | 19.4% | 22.8% | 19.7% | 39.4% | 19.8% | 19.5% |
| Capex / revenue | 4.4% | 5.8% | 7.6% | 9.3% | 8.4% | 6.1% | 7.1% | 7.0% | 6.7% | 4.7% |
| Operating cash flow / net income | 1.40 | 1.09 | 1.26 | 1.37 | 1.61 | 31.02 | 8.72 | 1.93 | 1.08 | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $782.0M | $1.13B | $455.0M | $646.0M | $457.0M | $497.0M | $495.0M | $729.0M | $658.0M | $639.0M | $697.0M | $792.0M |
| Depreciation & amortization | $184.0M | $179.0M | $215.0M | $201.0M | $207.0M | $209.0M | $259.0M | $218.0M | $213.0M | $235.0M | $269.0M | $273.0M |
| Stock-based compensation | $105.0M | $109.0M | $100.0M | $118.0M | $117.0M | $127.0M | $117.0M | $115.0M | $114.0M | $115.0M | $107.0M | $103.0M |
| Change in working capital | −$301.0M | −$77.0M | $77.0M | −$374.0M | −$45.4M | −$231.0M | −$335.3M | −$258.0M | −$218.8M | −$86.0M | $152.1M | −$156.0M |
| Other non-cash items | $90.0M | −$551.0M | $44.0M | −$6.0M | $43.4M | −$37.0M | −$144.7M | −$25.0M | −$5.2M | −$52.0M | −$88.1M | −$24.0M |
| Cash from operating activities | $860.0M | $793.0M | $891.0M | $585.0M | $779.0M | $565.0M | $391.0M | $779.0M | $761.0M | $851.0M | $1.14B | $988.0M |
| Investing activities | ||||||||||||
| Capital expenditures | −$79.0M | −$79.0M | −$96.5M | −$77.0M | −$164.0M | −$164.0M | −$113.8M | −$212.0M | −$185.0M | −$258.0M | −$787.0M | −$242.0M |
| Investments (net) | $747.0M | −$249.0M | $172.0M | −$783.0M | −$892.0M | −$216.0M | $198.0M | −$371.0M | −$239.0M | −$274.0M | −$629.0M | −$273.0M |
| Acquisitions & other investing | −$905.0M | $836.0M | −$541.5M | $77.0M | $164.0M | $164.0M | $132.4M | $212.0M | $185.0M | $258.0M | $787.0M | $242.0M |
| Cash from investing activities | −$237.0M | $508.0M | −$466.0M | −$783.0M | −$892.0M | −$216.0M | $216.6M | −$371.0M | −$239.0M | −$274.0M | −$629.0M | −$273.0M |
| Financing activities | ||||||||||||
| Dividends paid | −$256.0M | −$256.0M | −$254.0M | −$256.0M | −$257.0M | −$258.0M | −$235.6M | −$259.0M | −$260.0M | −$261.0M | −$261.0M | −$262.0M |
| Share repurchases & issuance (net) | −$104.0M | −$102.0M | −$340.1M | −$54.0M | −$223.6M | −$303.0M | −$426.5M | −$305.0M | −$310.0M | −$303.0M | −$434.0M | −$306.0M |
| Net borrowing (repayment) | −$750.0M | −$501.0M | −$15.0M | $763.0M | −$250.0M | $870.0M | $670.0M | $0 | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $1.0M | $3.0M | −$2.9M | $29.0M | $21.6M | $36.0M | $15.0M | $38.0M | $3.0M | −$964.0M | $1.0M | $35.0M |
| Cash from financing activities | −$1.11B | −$856.0M | −$612.0M | $482.0M | −$709.0M | $345.0M | $23.0M | −$526.0M | −$567.0M | −$1.53B | −$694.0M | −$533.0M |
| Summary | ||||||||||||
| Net change in cash | −$486.0M | $441.0M | −$187.0M | $284.0M | −$818.0M | $696.0M | $544.0M | −$111.0M | −$49.0M | −$954.0M | −$180.0M | $179.0M |
| Cash at end of period | $3.22B | $3.71B | $3.27B | $3.45B | $3.17B | $3.99B | $3.29B | $2.75B | $2.86B | $2.91B | $3.86B | $4.04B |
| Free cash flow | $781.0M | $714.0M | $794.5M | $508.0M | $615.0M | $401.0M | $214.0M | $567.0M | $576.0M | $593.0M | $350.0M | $746.0M |
| Free cash flow margin | 22.3% | 22.4% | 23.8% | 16.0% | 21.0% | 14.1% | 6.9% | 17.4% | 18.4% | 19.0% | 10.2% | 21.7% |
| Capex / revenue | 2.3% | 2.5% | 2.9% | 2.4% | 5.6% | 5.8% | 3.7% | 6.5% | 5.9% | 8.3% | 23.0% | 7.0% |
| Operating cash flow / net income | 1.10 | 0.70 | 1.96 | 0.91 | 1.70 | 1.14 | 0.79 | 1.07 | 1.16 | 1.33 | 1.63 | 1.25 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
NXPI cash generation
In fiscal 2025 (ended December 31, 2025), NXP generated $2.8 billion of cash from operations (up 1.4%) and spent $537.0 million on capital expenditures, leaving free cash flow of $2.3 billion, 18.6% of revenue. It returned $1.9 billion to shareholders through dividends ($1.0 billion) and net share buybacks ($899.0 million). Cash and equivalents fell by $25.0 million over the year.
Related: NXPI income statement, NXPI balance sheet, NXPI dividend history. See the NXPI stock overview for the latest quote and news.
NXPI cash flow FAQ
What is NXP's free cash flow?
NXP's free cash flow was $2.3 billion in fiscal 2025: $2.8 billion of operating cash flow minus $537.0 million of capital expenditures It was $2.1 billion a year earlier..
How much cash does NXP generate from operations?
NXP generated $2.8 billion of cash from operating activities in fiscal 2025, 1.40 times its net income of $2.0 billion.
How much does NXP spend on capital expenditures?
NXP spent $537.0 million on capital expenditures in fiscal 2025, 4.4% of revenue, compared with $727.0 million the year before.
How much stock does NXP buy back?
NXP spent $899.0 million on net share repurchases in fiscal 2025.
How much does NXP pay in dividends?
NXP paid $1.0 billion in dividends in fiscal 2025, 44.9% of free cash flow.