Quarterly ResultOct 29, 2026, 02:01 AM
STMicroelectronics Q3 Revenue Up 17.9% to $3.76B; Guides Up
AI Summary
STMicroelectronics reported strong Q3 2026 financial results, with net revenues up 17.9% year-over-year to $3.76 billion, driven by higher revenues in CECP and Personal Electronics. Gross margin improved to 37.3%, and operating income saw a significant increase of 104.5% to $367 million. The company provided a positive business outlook for Q4 2026, expecting net revenues of $4.15 billion and a gross margin of 39.0%. For the full year 2026, STMicroelectronics anticipates revenues of approximately $14.5 billion, a 22.8% increase year-over-year. The company also highlighted strong cash flow generation and continued capital return to shareholders through dividends and share buybacks.
Key Highlights
- STMicroelectronics Q3 2026 net revenues increased 17.9% year-over-year to $3.76 billion.
- Q3 2026 gross margin was 37.3%, up 410 basis points year-over-year.
- Q3 2026 operating income was $367 million (U.S. GAAP), a 104.5% increase year-over-year.
- Q3 2026 diluted EPS was $0.31 (U.S. GAAP), up 19.2% year-over-year.
- Q4 2026 business outlook projects net revenues of $4.15 billion and gross margin of 39.0%.
- Full year 2026 revenue outlook is $14.5 billion, a 22.8% year-over-year increase.
- Net cash from operating activities was $1.02 billion in Q3 2026, up 85.8% year-over-year.
- STMicroelectronics paid $83 million in dividends and executed a $91 million share buyback in Q3 2026.
Price Impact
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