STM Q1 2023 Earnings — STMicroelectronics N.V. Revenue & Financial Results | Market Cap Arena

STMSTMicroelectronics N.V.

$31B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$4.2B+19.8% YoY

Gross Profit

$2.1B49.7% margin

Operating Income

$1.2B28.3% margin

Net Income

$1.0B24.6% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$225M

Stock-Based Comp.

$62M

Balance Sheet

Total Assets

$21.2B

Total Liabilities

$7.3B

Stockholders' Equity

$13.8B

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$3.5B	+19.8%
Gross Profit	$2.1B	$1.7B	+27.5%
Operating Income	$1.2B	$877M	+36.9%
Net Income	$1.0B	$747M	+39.8%