STM Q2 2023 Earnings — STMicroelectronics N.V. Revenue & Financial Results | Market Cap Arena

STMSTMicroelectronics N.V.

$31B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$4.3B+12.7% YoY

Gross Profit

$2.1B49.0% margin

Operating Income

$1.1B26.5% margin

Net Income

$1.0B23.1% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$204M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$7.3B

Stockholders' Equity

$14.5B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$3.8B	+12.7%
Gross Profit	$2.1B	$1.8B	+16.5%
Operating Income	$1.1B	$1.0B	+14.1%
Net Income	$1.0B	$867M	+15.5%