STMicroelectronics (STM FP) Q4 2025 (EUR): Revenue 3.33bln (exp. 3.28bln), Gross margin 35.2% (exp. 35.1%); Guides Q1 2026 Revenue 3.04bln (exp. 2.94bln), Guides Q1 2026 gross margin at 33.7% (exp. 33.3%)

CEO Comments: 

• “Q4 net revenues came above the mid-point of our business outlook range, driven by higher revenues in Personal Electronics and, to a lesser extent, in CECP and Industrial, while Automotive was below expectations. Gross margin was above the mid-point of our business outlook range mainly due to better product mix. Q4 revenues marked the return to year-over-year growth.”
• “For 2026, we plan to invest between USD 2.0-2.2bln in Net Capex"
• “Our first quarter business outlook, at the mid-point, is for net revenues of USD 3.04bln, decreasing sequentially by 8.7%, better than average past seasonality, and accelerating the year-over-year growth dynamic that started in Q4."