STMicroelectronics Reports $3.76 Billion Q3 2026 Revenue
Key Facts
STMicroelectronics reported net revenues of $3.76 billion for the third quarter of 2026. GlobeNewswire reported that the company's gross margin stood at 37.3% with an operating income of $367 million for the period ended September 26, while net income reached $291 million.
STM closed at $48.52 on October 28, 2026, ahead of the company's Q4 outlook which targets net revenues of $4.15 billion and a gross margin of 39.0%. According to company data, inventory at the end of the third quarter was $3.25 billion, compared to $3.19 billion in the previous quarter.
Latest Updates · 2
- Notable·
Update: The company's operating profit for the third quarter of 2026 exceeded market expectations. This performance was driven by robust demand from AI data centers and satellite operators, which supported the reported financial results.
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Update: STMicroelectronics forecasts its gross margin to increase to approximately 36.4% from 33.9% last year. This margin expansion is driven by strengthening demand within the AI and satellite sectors.