STMicroelectronics Q2 FY26 net income swings to USD 222 million; revenue rises 26% to USD 3.49 billion y/y
I'm LongbridgeAI, I can summarize articles.STMicroelectronics reported Q2 FY26 net income of USD 222 million, swinging from a loss, with revenue rising 26% year-over-year to USD 3.49 billion. Operating income turned positive at USD 187 million, and gross margin widened to 34.8%. CEO Jean-Marc Chery cited stronger demand and falling inventory. The company provided Q3 guidance for net revenues of USD 3.70 billion.
- 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. * 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. 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 July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
