Quarterly ResultJul 30, 2026, 04:27 PM
STMicroelectronics Q2 Revenue $3.49B; EPS $0.24
AI Summary
STMicroelectronics reported strong Q2 2026 results with net revenues of $3.49 billion, a 26.0% increase year-over-year, and diluted EPS of $0.24, a significant improvement from a loss in the prior year. The company also provided a positive outlook for Q3 2026, expecting sequential revenue growth of approximately 6.7% and a gross margin of around 37.0%. Additionally, STMicroelectronics launched a $1.5 billion convertible bond offering and approved a cash dividend of $0.36 per share.
Key Highlights
- Q2 2026 Net Revenues: $3,487 million, up 26.0% YoY and 12.7% sequentially.
- Q2 2026 Diluted EPS: $0.24, up 500% sequentially from $0.04.
- Q2 2026 Net Income: $222 million, reversing a $97 million loss in prior year.
- Q3 2026 Revenue Outlook: Expected to increase approximately 6.7% sequentially.
- Q3 2026 Gross Margin Outlook: Expected to be approximately 37.0%.
- Launched $1.5 billion offering of senior unsecured convertible bonds.
- Approved cash dividend of $0.36 per share, payable in quarterly installments.
- Raised Data Center revenue ambition to $1 billion for 2026.
Price Impact
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