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Home/News Feed/STMicroelectronics Q2 2026 revenues rise 26% to $3.49B; forecasts strong growth driven by AI and datacenter demand
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STMicroelectronics Q2 2026 revenues rise 26% to $3.49B; forecasts strong growth driven by AI and datacenter demand

Company Fundamentals
23 Jul 2026
GlobeNewsWire
View Source
Bullish
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STMicroelectronics reported Q2 2026 net revenues of $3.49 billion, a 26% increase year-over-year, with gross margin at 34.8% and net income of $222 million. The company saw strong demand across all markets, especially in consumer electronics and automotive sectors, and expects Q3 revenues to grow 6.2% sequentially to $3.70 billion. Looking ahead, STMicroelectronics anticipates accelerated growth in Q4 driven by AI datacenter and satellite communication programs, projecting revenues above $4 billion. The company also raised its revenue targets for AI datacenters to over $1 billion in 2026 and above $2 billion in 2027, highlighting its strong position in this evolving market.

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