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%)

• “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."

STMicroelectronics reported Q4 2025 revenues that exceeded expectations, signaling stronger performance in Personal Electronics and overall year-over-year growth, despite a miss in Automotive. The guidance for Q1 2026 also indicates a positive outlook, with revenues projected above expectations, suggesting resilience amid seasonal fluctuations. This could leverage further confidence in the semiconductor sector given the solid gross margins and planned significant capital investment.