STM Q3 2024 Earnings — STMicroelectronics N.V. Revenue & Financial Results | Market Cap Arena

STMSTMicroelectronics N.V.

$31B

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$3.3B-26.6% YoY

Gross Profit

$1.2B37.8% margin

Operating Income

$381M11.7% margin

Net Income

$351M10.8% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$504M

Free Cash Flow

$2M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$25.5B

Total Liabilities

$7.7B

Stockholders' Equity

$17.6B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$4.4B	-26.6%
Gross Profit	$1.2B	$2.1B	-41.8%
Operating Income	$381M	$1.2B	-69.3%
Net Income	$351M	$1.1B	-67.8%