STMicroelectronics Q2 FY26 net income swings to USD 222 million; revenue rises 26% to USD 3.49 billion y/y
STM•Q2 results improve sharply year over year
STMicroelectronics Q2 2026 net revenues rose 26% year over year to USD 3.49 billion; diluted EPS swung to USD 0.24 from a loss.
Operating income turned positive at USD 187 million; gross margin widened 1.3 percentage points to 34.8%.
Non-U.S. GAAP net income climbed to USD 291 million; non-U.S. GAAP diluted EPS rose to USD 0.31.
Management cites stronger demand and gives Q3 outlook
CEO Jean-Marc Chery cited stronger demand with strong bookings across end markets; distribution inventory fell below the company’s standard target.
Q3 guidance at the midpoint sees net revenues of USD 3.70 billion; gross margin of about 37% including about 70 basis points of unused capacity charges.
