STMicroelectronics posts Q3 revenue of $3.76 B, operating income $367 M and issues Q4 outlook
+1 new source since this summary was written
STMicroelectronics reported third‑quarter 2026 net revenues of $3.76 billion, up 17.9% year‑over‑year, with U.S. GAAP operating income of $367 million and a gross margin of 37.3%. Non‑U.S. GAAP operating income was $429 million and non‑GAAP EPS came in at $0.37, missing consensus estimates. The company forecast fourth‑quarter revenue of $4.15 billion and a gross margin of about 39.0% at the mid‑point of its outlook.
Why it matters
The GAAP EPS miss may pressure the stock, while the revenue beat and upbeat Q4 guidance could support upside. Investors will watch whether the higher‑margin outlook materialises in the next quarter.
Key facts
- 1Q3 2026 net revenues were $3.76 billion, a 17.9% year‑over‑year increase. stocktitan.net
- 2U.S. GAAP operating income for Q3 2026 was $367 million. stocktitan.net
- 3Gross margin for the quarter was 37.3% on a U.S. GAAP basis. stocktitan.net
- 4Non‑U.S. GAAP operating income was $429 million. stocktitan.net
- 5Non‑GAAP EPS for Q3 2026 was $0.37. seekingalpha.com
- 6The company’s Q4 2026 outlook at the mid‑point projects net revenues of $4.15 billion and a gross margin of about 39.0%. stocktitan.net
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.