STMicroelectronics N.V. (STM) Q3 Revenue $3.76B, EPS $0.31

STMicroelectronics (STMPA) reported Q3 revenue of $3.76B, up 17.9% YoY, and raised Q4 revenue guidance to $4.15B. Gross margin improved to 37.3%. The company expects 2026 revenue of $14.5B, citing AI and satellite growth. It plans capacity expansion and cost reduction.

STMicroelectronics reported Q3 profit of $291M, or 31 cents per share, missing analyst expectations of 40 cents. Adjusted EPS was 37 cents. Revenue was $3.76B, exceeding forecasts of $3.71B, according to Zacks.

STMicroelectronics (NYSE: STM) reported Q3 EPS of $0.37, missing estimates by $0.02, but revenue of $3.76B exceeded expectations. The stock is down 7.39% over 3 months but up 98.45% over 12 months. InvestingPro rates its financial health as 'fair performance'.

STMicroelectronics reported Q3 non-GAAP EPS of $0.37, missing estimates by $0.04, while revenue of $3.76B exceeded expectations by $40M. Net cash from operations rose to $1.02B from $549M year-over-year. The company also provided a Q4 outlook.

STMicroelectronics reported Q3 2026 net revenues of $3.76B, up 17.9% YoY, with operating income at $367M. CEO Jean-Marc Chery cited strong demand and improved visibility. Q4 guidance projects $4.15B in revenues and a 39.0% gross margin, driven by growth in AI and LEO satellite markets.

Global semiconductor stocks fell sharply Thursday, with SK Hynix, Micron, Nvidia, Intel, and AMD among the decliners. European chipmakers like Infineon, ASML, and STMicroelectronics also dropped. The sell-off was driven by U.S. inflation data, which fueled fears of further Fed rate hikes. U.S. consumer prices rose 0.6% in September, with annual inflation at 3.7%.