STM Q2 2024 Earnings — STMicroelectronics N.V. Revenue & Financial Results | Market Cap Arena

STMSTMicroelectronics N.V.

$31B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$3.2B-25.3% YoY

Gross Profit

$1.3B40.1% margin

Operating Income

$375M11.6% margin

Net Income

$353M10.9% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-6.7%

Cash Flow

Operating Cash Flow

$702M

Free Cash Flow

$12M

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$25.9B

Total Liabilities

$7.9B

Stockholders' Equity

$17.8B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$4.3B	-25.3%
Gross Profit	$1.3B	$2.1B	-38.8%
Operating Income	$375M	$1.1B	-67.3%
Net Income	$353M	$1.0B	-64.7%