STMicroelectronics 2022 Second Quarter Financial Report

STMicroelectronics’ net revenue in the second quarter of 2022 was US$3.84 billion, with a gross profit margin of 47.4% and a net profit of US$867 million. All product divisions and sub-product divisions achieved sales growth, with significant growth in sales revenue from automotive products and power discrete devices. Net revenue in the third quarter is expected to be US$4.24 billion, with a gross profit margin of approximately 47.0%.