STMicroelectronics N.V. reported third-quarter 2026 net revenues of $3.757 billion, up 17.9% year over year, and net income attributable to the parent company of $291 million, up 22.8%. Operating income was $367 million, versus $180 million a year earlier, and gross margin was 37.3%, compared with 33.2%. For the first nine months of 2026, revenue rose 22.1% to $10.339 billion and parent-company net income was $550 million, versus $196 million.
Nine-month net cash from operating activities was $2.056 billion; free cash flow was negative $297 million after $895 million of cash outflow for the MEMS sensor business acquisition. Net financial position was $2.106 billion as of September 26, 2026. The company plans 2026 Net Capex at the high end of the $2.0 billion to $2.2 billion range communicated in January. For the fourth quarter, it expects revenue to increase approximately 10.5% sequentially, plus or minus 350 basis points, and U.S. GAAP gross margin of approximately 39.0%, plus or minus 200 basis points. The Supervisory Board will propose Jean-Marc Chery’s reappointment as Chairman of the Managing Board and President and Chief Executive Officer for a one-year term at the 2027 Annual General Meeting.
STMicroelectronics N.V. (STM) repurchased 388,226 ordinary shares from October 26, 2026 to October 30, 2026, equal to 0.04% of its issued share capital. A broker acting for the company purchased the shares on Euronext Paris at a weighted average price of EUR 42.0797 per share, for a total of EUR 16,336,424.67. The repurchases were intended to meet obligations under share-option programs or other share allocations to employees and members of the company’s or an associate company’s administrative, management or supervisory bodies. Following the purchases, STMicroelectronics held 17,255,273 treasury shares, approximately 1.9% of issued share capital. Shares not ultimately needed for the stated purpose may be used for another lawful purpose.
STMicroelectronics N.V. announced an organizational update confirming Remi El-Ouazzane as President, Executive Committee member and Head of Microcontrollers, Digital ICs, RF and Optical Communication Products; he will also lead the Imaging Sensors Sub-Group and be appointed Chief Technology Officer. Marco Cassis was confirmed as President, Executive Committee member and head of Analog, Power & Discrete and MEMS Products; he will lead R&D for those technologies and be appointed Chief Strategic Officer, with his strategy responsibilities unchanged.
The new organization takes effect January 1, 2027, with implementation to be completed by the end of March 2027. STMicroelectronics will adjust its reportable segments from January 1, 2027, while the remainder of the organization is unchanged.
STMicroelectronics N.V. reported Q3 2026 net revenues of $3.757 billion, up 17.9% year over year, and gross margin of 37.3%, compared with 33.2%. U.S. GAAP operating income was $367 million, versus $180 million, and net income attributable to parent company stockholders was $291 million, versus $237 million; diluted EPS was $0.31 versus $0.26. Non-U.S. GAAP operating income was $429 million and net income was $344 million.
Operating cash flow was $1.02 billion and non-U.S. GAAP free cash flow was $351 million. ST paid $83 million in dividends and executed a $91 million share buyback. It settled $750 million of convertible bonds on a net-share basis, delivering $750 million in cash and about 4.2 million shares from treasury stock. Net financial position was $2.11 billion as of September 26, 2026.
For Q4, revenue is expected to be $4.15 billion, an increase of 10.5% sequentially, plus or minus 350 basis points; gross margin is expected to be 39.0%, plus or minus 200 basis points. The outlook assumes an effective exchange rate of approximately $1.14 per euro and includes existing hedging contracts. Full-year 2026 revenue is expected to be about $14.5 billion, up 22.8% year over year.
STMicroelectronics N.V. repurchased 444,659 ordinary shares from October 19, 2026 to October 23, 2026, equal to 0.05% of its issued share capital. The purchases on the regulated market of Euronext Paris had a weighted average price of EUR 40.5207 per share and a total amount paid of EUR 18,017,915.91. The company said the repurchases are intended to meet obligations under share-option programmes or other share allocations to employees and members of the administrative, management or supervisory bodies of the issuer or an associate company. Shares may be held in treasury pending use, and shares not ultimately needed may be used for another lawful purpose. After the purchases, STMicroelectronics held 16,867,047 treasury shares, approximately 1.9% of issued share capital.
STMicroelectronics N.V. (STM) repurchased 492,285 ordinary shares from October 12, 2026 to October 16, 2026, equal to 0.05% of its issued share capital. The purchases, made by a broker for the company on Euronext Paris, had a weighted average price of EUR 42.9537 per share and an overall price of EUR 21,145,480.12.
The program’s stated purpose is to meet obligations under share-option programs or other share allocations to employees and members of the issuer’s or an associate company’s administrative, management or supervisory bodies. Following the purchases, the company held 16,422,388 treasury shares, approximately 1.8% of its issued share capital.
STMicroelectronics N.V. (STM) said its Supervisory Board asked Jean-Marc Chery, its President and CEO, to be available for reappointment for an additional year, and he accepted. The board will propose that shareholders adopt his reappointment at the 2027 Annual General Meeting for a one-year term as Chairman of the Managing Board and President and Chief Executive Officer.
STMicroelectronics N.V. (STM) repurchased 346,538 ordinary shares from October 5 through October 9, 2026, equal to 0.04% of its issued share capital, at a weighted average price of EUR 49.2425 per share and an overall price of EUR 17,064,401.16. A broker acting for the company bought the shares on Euronext Paris. The stated purpose was to meet obligations from share option programs or other share allocations to employees or members of the issuer’s or an associate company’s administrative, management or supervisory bodies. The company may hold the shares in treasury before use; shares not ultimately needed for that purpose may be used for another lawful purpose. After these purchases, STMicroelectronics held 15,930,103 treasury shares, approximately 1.7% of issued share capital.
STMicroelectronics N.V. (STM) repurchased 310,000 ordinary shares from September 28, 2026, through October 2, 2026, at a weighted average purchase price of EUR 47.1205 per share, for a total amount paid of EUR 14,607,365.00. A broker acting for the company made the purchases on Euronext Paris under its previously announced buy-back program. The stated purpose is to meet obligations arising from share option programmes or other share allocations to employees and members of the company’s or an associate company’s administrative, management or supervisory bodies. Following the repurchases, STMicroelectronics held 15,583,565 treasury shares, approximately 1.7% of issued share capital.
STMicroelectronics N.V. (STM) reports progress on its previously announced share repurchase program. Between August 24 and August 25, 2026, the company repurchased 128,904 ordinary shares, equal to 0.01% of issued share capital, at a weighted average price of EUR 42.6526, for a total of EUR 5,498,096.53 on Euronext Paris.
The stated purpose is to meet obligations under share option programs and other share allocations to employees and board members under article 5(2) of the Market Abuse Regulation, with flexibility to use treasury shares for any other lawful purpose. After these buybacks, STMicroelectronics holds 19,353,812 treasury shares, representing approximately 2.1% of its issued share capital.