Industrial & IoT Growth and Financials
Quarterly Financial Reconciliation (GAAP to non-GAAP)
($ in millions, unless otherwise stated)
1
Other Information for Q1 2020:
Q1
Q4
2020
2019
Q1
2019
.
PPA effects: ($419M)
Total Revenue
GAAP Gross Profit
Gross profit adjustments
Non-GAAP Gross Profit
GAAP Gross Margin
Non-GAAP Gross Margin
2,021
2,301
2,094
997
1,209
1,072
.
(50)
(39)
(32)
1,047
1,248
1,104
Restructuring: ($11M)
Stock-based compensation: ($107M)
Merger-related costs: ($4M)
49.3%
52.5%
51.2%
Other incidentals: $107M
51.8%
54.2%
52.7%
Foreign exchange loss: ($1M)
GAAP Operating income (loss)
68
197
54
Other financial expense: ($2M)
Operating income adjustments
(434)
(490)
(505)
Non-GAAP Operating income (loss)
502
687
559
GAAP Operating Margin
3.4%
8.6%
2.6%
Non-GAAP Operating Margin
24.8%
29.9%
26.7%
GAAP Financial income (expense)
(78)
(93)
(83)
Financial income adjustments
Non-GAAP Financial income (expense)
(3)
(16)
(22)
(75)
(77)
(61)
NXP
19
Note:
1.
Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial MeasuresView entire presentation