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STMicroelectronics Q3 2026 revenues rise 17.9%, net income hits $291M, outlook strong for Q4 with $4.15B revenue forecast

Company Fundamentals
29 Oct 2026, 09:00 WIB
GlobeNewsWire
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Bullish
STMicroelectronics Q3 2026 revenues rise 17.9%, net income hits $291M, outlook strong for Q4 with $4.15B revenue forecast

STMicroelectronics reported a 17.9% year-over-year increase in Q3 2026 net revenues to $3.76 billion and net income of $291 million, driven by growth in consumer electronics and personal electronics segments. Gross margin improved to 37.3%, and operating income nearly doubled from the previous year. The company expects Q4 revenues to rise about 10.5% sequentially to $4.15 billion with a gross margin of 39.0%, supported by strong demand and strategic growth areas like AI datacenters and satellite communications. STMicroelectronics continues expanding capacity and focusing on profitability amid high demand exceeding supply.

STMicroelectronics shares are trading at USD 47.45 on Pluang as of Oct 29, 2026 13:11 WIB, down 2.21% for the day. The stock's market capitalization stands at $43.33 billion, reflecting strong investor interest despite recent price declines. All current Pluang orders for STM are buys, indicating positive sentiment among platform users.

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