STMicroelectronics Reports Q3 2026 Revenue of $3.76 Billion and Provides Q4 Guidance
STMicroelectronics (STM) reported third-quarter net revenues of $3.76 billion, exceeding the midpoint of its previously issued business outlook. The performance was primarily driven by increased revenue within the Communication Equipment and Computer Peripheral segments. The company's gross margin for the quarter stood at 37.3%. Looking ahead to the fourth quarter of 2026, STMicroelectronics expects revenues of approximately $4.15 billion. Management is currently undergoing a manufacturing reshaping process with the long-term goal of targeting gross margins in the 44% to 46% range.
Tickers: $STM
Topics: earnings report gross margin revenue growth semiconductors
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