STMicroelectronics H1 FY26 net loss widens to $171 million; revenue rises 24.6% to $6.58 billion
I'm LongbridgeAI, I can summarize articles.STMicroelectronics reported a widened H1 FY26 net loss of $171 million, despite revenue rising 24.6% to $6.58 billion. Operating income turned positive at $248 million, and gross margin improved to 31.2%. Free cash flow was negative $648 million, impacted by the NXP MEMS acquisition. The company plans high-end Capex of $2.0-2.2 billion for 2026, focusing on Cloud Optical Interconnect investments.
- STMicroelectronics first-half 2026 net loss attributable to shareholders widened to USD 171 million; EPS was USD -0.19. * Total revenues climbed 24.6% to USD 6.58 billion; operating income turned to USD 248 million from an operating loss. * Gross margin rose 2.9 percentage points to 31.2% of total revenues, due to lower unused capacity charges and a richer mix. * Free cash flow was negative USD 648 million, after a USD 895 million cash-out for the NXP MEMS sensor business acquisition. * Net Capex is planned in the high end of the USD 2.0 billion to USD 2.2 billion range for 2026, reflecting accelerated Cloud Optical Interconnect investment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STMicroelectronics NV published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here