NXP Investor Presentation
17
Updated Financial Model
(1,2,3)
NXP growth
Non-GAAP gross margin
Non-GAAP R&D
Non-GAAP SG&A
Non-GAAP operating margin
Non-GAAP cash taxes
Non-controlling interest
Net capex
Stock based compensation
Non-GAAP free-cash flow
DSO
DPO
2021-2024E
+8 to 12%
55 to 58%
~16%
~7%
32 to 36%
ā22:~15%; '23; ~18%; '24; ~18%
$35M to $45M
6 to 8%
'22: $380M; '23: $410M; '24: $440M
Target 25% of revenue
~30 Days
~75 Days
DIO
~95 Days
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 Measures
Growth rates are compound annual growth rates from 2021 through 2024E; individual annual growth rates will vary across the horizon
1.
2.
3.
All percentages are as a percent of revenue, and assume an annual value, quarter to quarter values will vary
NXPView entire presentation