STMicroelectronics N.V. Earnings Recaps
Q2 2026
Jul 25, 2026
STMicroelectronics shares dropped 19.7% as investors reacted negatively to cautious outlook signals and margin pressures, overshadowing solid top-line growth in key segments.
Key takeaways
- Q2 revenues reached $3.49 billion, slightly above the midpoint of the company’s outlook range, supported by strength in Communication Equipment, Computer Peripherals, and Automotive.
- Gross margin was steady at 34.8%, aligned with expectations but pointing to limited upside versus prior quarters.
- Automotive revenues grew 14% sequentially and 16% year-over-year, bolstered by application-specific ICs, sensors, and integration of the NXP MEMS acquisition.
- Industrial segment posted robust 20% sequential and 34% year-over-year growth, fueled by microcontrollers, analog, and advanced sensor products targeting AI and automation.
- Despite these operational positives, management’s cautious outlook and margin compression concerns weighed on sentiment, leading to a nearly 20% stock selloff post-earnings.
Q1 2026
Apr 23, 2026
STMicroelectronics delivered solid Q1 2026 revenues of $3.1 billion, bolstered by strategic acquisitions and broad-based demand across key markets, with margins and free cash flow impacted by acquisition-related costs.
Key takeaways
- Revenues exceeded mid-range outlook at $3.1 billion, with contributions from recent NXP MEMS sensor acquisition; ex-PPA, non-GAAP EPS was $0.30.
- Book-to-bill ratio remained strong above 1 across all regions and end markets, signaling healthy demand momentum.
- Automotive segment saw a 10% sequential decline but 15% YoY growth, driven by sensor and power semiconductor demand; integration of NXP’s MEMS business progressing as planned.
- Industrial revenues grew 26% YoY, with positive design wins in automation, robotics, and strategic collaborations, including NVIDIA, supporting industry transformation.
- Consumer Electronics declined 14% sequentially due to seasonality but grew 21% YoY; growth in mobile platforms and secure sensing solutions remains robust.
Q3 2025
Oct 23, 2025
STMicroelectronics reported Q3 2025 revenues of $3.19 billion, slightly exceeding expectations, with strong growth in Personal Electronics and steady performance in Automotive and Industrial segments.
Key takeaways
- Automotive revenues grew 10% sequentially, indicating strong demand and continued investment in electrification and digitalization.
- Personal Electronics showed a significant 40% sequential revenue increase, driven by seasonal trends and customer engagement.
- Gross margin was at 33.2%, reflecting product mix challenges, but free cash flow was a positive $130 million, underscoring financial health.
- Industrial segment revenues rose 8% sequentially and 13% year-over-year, marking a return to year-on-year growth for the first time since Q3 2023.
- The pending acquisition of NXP's MEMS sensor business for up to $950 million aims to expand ST's product offerings and strengthen its market position ahead of the H1 2026 closing.