STM financial statements

The full income statement, balance sheet, and cash-flow statement for STMicroelectronics N.V. (STM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2018-12 911.2M2019-12 911.2M2020-12 911.2M2021-12 906.5M2022-12 903.9M2023-12 902.8M2024-12 898.2M2025-09 904.2M2025-12 888.8M-2.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	11.8B YoY-11.1%	13.3B YoY-23.2%	17.3B YoY+7.2%	16.1B YoY+26.4%	12.8B YoY+24.9%
	4.00B YoY-23.4%	5.22B YoY-37.0%	8.29B YoY+8.5%	7.63B YoY+43.4%	5.33B YoY+40.6%
Cost of revenue	7.80B YoY-3.1%	8.05B YoY-10.6%	9.00B YoY+6.0%	8.49B YoY+14.2%	7.43B YoY+15.6%
Research & development	2.04B YoY-1.6%	2.08B YoY-1.1%	2.10B YoY+10.5%	1.90B YoY+10.3%	1.72B YoY+11.3%
Selling, general & administrative	1.63B YoY-1.0%	1.65B YoY+1.1%	1.63B YoY+12.2%	1.45B YoY+9.9%	1.32B YoY+19.3%
Restructuring	187M	—	—	—	—
Amortization of intangibles	101M YoY-1.0%	102M YoY+5.2%	97.0M YoY-5.8%	103M YoY+10.8%	93.0M YoY+17.7%
Operating income	175M YoY-89.6%	1.68B YoY-63.7%	4.61B YoY+3.9%	4.44B YoY+83.5%	2.42B YoY+82.8%
Interest expense	55.0M YoY-35.3%	85.0M YoY+54.5%	55.0M YoY+323.1%	13.0M YoY-69.0%	42.0M YoY-22.2%
Interest & investment income	223M YoY-26.4%	303M YoY+34.1%	226M YoY+218.3%	71.0M YoY+446.2%	13.0M YoY-61.8%
Pre-tax income	400M YoY-78.7%	1.88B YoY-60.6%	4.76B YoY+6.2%	4.49B YoY+92.0%	2.34B YoY+84.5%
Income tax	220M YoY-29.7%	313M YoY-42.1%	541M YoY+4.0%	520M YoY+57.1%	331M YoY+108.2%
	166M YoY-89.3%	1.56B YoY-63.0%	4.21B YoY+6.3%	3.96B YoY+98.0%	2.00B YoY+80.8%
Net income to non-controlling interest	14.0M YoY+75.0%	8.00M YoY-27.3%	11.0M YoY+83.3%	6.00M YoY+0.0%	6.00M YoY+200.0%
	$0.18 YoY-89.2%	$1.66 YoY-62.8%	$4.46 YoY+6.4%	$4.19 YoY+94.0%	$2.16 YoY+80.0%
EPS (basic)	$0.19 YoY-89.0%	$1.73 YoY-62.9%	$4.66 YoY+6.6%	$4.37 YoY+97.7%	$2.21 YoY+78.2%
	893M YoY-0.9%	901M YoY-0.3%	904M YoY-0.2%	906M YoY+0.1%	904M YoY+1.1%
	923M YoY-1.7%	939M YoY-0.5%	944M YoY-0.2%	946M YoY+2.3%	925M YoY+0.6%
Dividends per share	$0.36 YoY+0.0%	$0.36 YoY+50.0%	$0.24 YoY+0.0%	$0.24 YoY+6.1%	$0.23 YoY+22.7%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	11.3B YoY-3.9%	11.7B YoY-0.6%	11.8B YoY+20.4%	9.80B YoY+25.3%	7.83B YoY+2.9%
Cash & equivalents	2.84B YoY+24.3%	2.28B YoY-29.2%	3.22B YoY-1.1%	3.26B YoY+1.0%	3.23B YoY+7.3%
Short-term investments	985M YoY-59.8%	2.45B YoY+50.0%	1.64B YoY+140.8%	679M	0.00 YoY-100.0%
Accounts receivable	1.75B YoY-0.2%	1.75B YoY+1.0%	1.73B YoY-12.1%	1.97B YoY+12.0%	1.76B YoY+20.1%
Inventory	3.14B YoY+12.2%	2.79B YoY+3.6%	2.70B YoY+4.5%	2.58B YoY+31.0%	1.97B YoY+7.1%
Prepaid expenses	—	—	—	—	90.0M YoY+28.6%
Other current assets	1.47B YoY+45.8%	1.01B YoY-22.2%	1.29B YoY+76.4%	734M YoY+26.3%	581M YoY-0.5%
	24.8B YoY+0.2%	24.7B YoY+1.2%	24.5B YoY+22.4%	20.0B YoY+28.6%	15.5B YoY+7.5%
Property, plant & equipment	11.1B YoY+1.7%	10.9B YoY+3.1%	10.6B YoY+28.7%	8.20B YoY+44.9%	5.66B YoY+23.2%
Operating lease right-of-use	252M YoY+0.4%	251M YoY-9.7%	278M YoY+44.0%	193M YoY-3.5%	200M YoY+4.7%
Goodwill	315M YoY+8.6%	290M YoY-4.3%	303M YoY+2.0%	297M YoY-5.1%	313M YoY-5.2%
Intangible assets	324M YoY-6.4%	346M YoY-5.7%	367M YoY-9.4%	405M YoY-7.5%	438M YoY-1.6%
Long-term investments	152M YoY+114.1%	71.0M YoY+222.7%	22.0M YoY+100.0%	11.0M YoY+10.0%	10.0M YoY+0.0%
Deferred tax assets	408M YoY-12.1%	464M YoY-21.6%	592M YoY-1.7%	602M YoY-7.7%	652M YoY-11.8%
Other non-current assets	1.27B YoY+32.4%	961M YoY+18.9%	808M YoY+22.2%	661M YoY+3.4%	639M YoY-11.7%
Total non-current assets	—	—	—	10.2B YoY+32.0%	7.71B YoY+12.7%
	3.35B YoY-11.2%	3.77B YoY+1.2%	3.73B YoY-2.8%	3.84B YoY+30.1%	2.95B YoY-3.4%
Accounts payable	1.49B YoY+12.4%	1.32B YoY-28.7%	1.86B YoY-12.5%	2.12B YoY+34.1%	1.58B YoY+35.7%
Accrued liabilities	1.44B YoY+10.3%	1.31B YoY-14.4%	1.52B YoY+10.1%	1.39B YoY+25.8%	1.10B YoY+14.0%
Short-term & current debt	298M YoY-69.9%	990M YoY+356.2%	217M YoY+24.0%	175M YoY+22.4%	143M YoY-82.0%
Current lease liability	52.0M YoY-3.7%	54.0M YoY-6.9%	58.0M YoY+11.5%	52.0M YoY-5.5%	55.0M YoY+1.9%
Finance lease liability (current)	49.0M YoY+206.3%	16.0M YoY+60.0%	10.0M YoY+42.9%	7.00M	—
	6.58B YoY-6.9%	7.06B YoY-7.1%	7.60B YoY+5.2%	7.22B YoY+15.3%	6.27B YoY+5.4%
Long-term debt	1.83B YoY-6.5%	1.96B YoY-27.6%	2.71B YoY+6.6%	2.54B YoY+6.1%	2.40B YoY+31.2%
Non-current lease liability	169M YoY+5.6%	160M YoY-14.9%	188M YoY+33.3%	141M YoY-4.7%	148M YoY+4.2%
Operating lease liability (total)	221M YoY+3.3%	214M YoY-13.0%	246M YoY+27.5%	193M YoY-4.9%	203M YoY+3.6%
Finance lease liability (total)	103M YoY+56.1%	66.0M YoY+1.5%	65.0M YoY+14.0%	57.0M	—
Finance lease liability	54.0M YoY+8.0%	50.0M YoY-9.1%	55.0M YoY+10.0%	50.0M	—
Deferred tax liabilities	60.0M YoY+27.7%	47.0M YoY-13.0%	54.0M YoY-10.0%	60.0M YoY-6.3%	64.0M YoY-14.7%
Other non-current liabilities	926M YoY+2.4%	904M YoY+23.0%	735M YoY+61.9%	454M YoY+9.1%	416M YoY-14.8%
Total non-current liabilities	—	—	—	3.39B YoY+2.1%	3.32B YoY+14.6%
	17.8B YoY+2.2%	17.4B YoY+4.3%	16.7B YoY+31.8%	12.7B YoY+37.8%	9.21B YoY+9.0%
Common stock	1.16B YoY+0.0%	1.16B YoY+0.0%	1.16B YoY+0.0%	1.16B YoY+0.0%	1.16B YoY+0.0%
Additional paid-in capital	3.28B YoY+6.3%	3.09B YoY+7.7%	2.87B YoY+8.9%	2.63B YoY+3.9%	2.53B YoY-17.3%
Retained earnings	13.1B YoY-2.8%	13.5B YoY+7.9%	12.5B YoY+43.1%	8.71B YoY+66.8%	5.22B YoY+45.1%
Treasury stock	637M YoY+29.7%	491M YoY+30.2%	377M YoY+40.7%	268M YoY+34.0%	200M YoY+115.1%
Accumulated other comprehensive income	945M YoY+300.4%	236M YoY-61.5%	613M YoY+33.3%	460M YoY-7.3%	496M YoY-31.4%
Non-controlling interest	397M YoY+72.6%	230M YoY+87.0%	123M YoY+89.2%	65.0M YoY+1.6%	64.0M YoY+10.3%
Total equity incl. non-controlling	18.2B YoY+3.1%	17.7B YoY+4.9%	16.9B YoY+32.1%	12.8B YoY+37.6%	9.27B YoY+9.0%
Total liabilities & equity	24.8B YoY+0.2%	24.7B YoY+1.2%	24.5B YoY+22.4%	20.0B YoY+28.6%	15.5B YoY+7.5%
	911M YoY+0.0%	911M YoY+0.0%	911M YoY+0.0%	911M YoY+0.0%	911M YoY+0.0%
	889M YoY-1.0%	898M YoY-0.5%	903M YoY-0.1%	904M YoY-0.3%	907M YoY+0.1%
	889M YoY-1.0%	898M YoY-0.5%	903M YoY-0.1%	904M YoY-0.3%	907M YoY-0.5%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.15B YoY-27.4%	2.96B YoY-50.5%	5.99B YoY+15.2%	5.20B YoY+70.0%	3.06B YoY+46.2%
Depreciation & amortization	1.85B YoY+5.3%	1.76B YoY+12.7%	1.56B YoY+28.4%	1.22B YoY+16.4%	1.04B YoY+13.2%
Intangible amortization	101M YoY-1.0%	102M YoY+5.2%	97.0M YoY-5.8%	103M YoY+10.8%	93.0M YoY+17.7%
Share-based compensation	193M YoY-13.1%	222M YoY-5.9%	236M YoY+9.8%	215M YoY-2.7%	221M YoY+42.6%
Deferred income taxes	60.0M YoY-57.1%	140M YoY+976.9%	13.0M YoY+30.0%	10.0M YoY-78.3%	46.0M YoY+483.3%
Change in inventory	172M YoY+3.0%	167M YoY+131.9%	72.0M YoY-88.9%	650M YoY+245.7%	188M YoY+123.8%
	-43.0M YoY+98.9%	-3.74B YoY+35.1%	-5.77B YoY-25.6%	-4.59B YoY-202.4%	-1.52B YoY+25.7%
Acquisitions	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Purchases of investments	—	—	10.0M	—	17.0M
Proceeds from sale of PP&E	9.00M YoY+80.0%	5.00M YoY-37.5%	8.00M YoY+100.0%	4.00M YoY+100.0%	2.00M YoY-50.0%
	-1.56B YoY-906.5%	-155M YoY+41.9%	-267M YoY+52.9%	-567M YoY+56.8%	-1.31B YoY-477.6%
Long-term debt issued	0.00 YoY-100.0%	300M YoY-8.8%	329M YoY+64.5%	200M	0.00
Long-term debt repaid	0.00 YoY-100.0%	203M YoY+20.1%	169M YoY+26.1%	134M YoY+0.0%	134M YoY-27.2%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	367M YoY+2.2%	359M YoY+3.8%	346M YoY+0.0%	346M YoY-28.7%	485M YoY+288.0%
Dividends paid	321M YoY+11.5%	288M YoY+29.1%	223M YoY+5.2%	212M YoY+3.4%	205M YoY+22.0%
Other financing activities	-12.0M YoY-200.0%	-4.00M YoY-100.0%	-2.00M	0.00	0.00
Net change in cash	555M YoY+159.0%	-940M YoY-2511.1%	-36.0M YoY-209.1%	33.0M YoY-84.9%	219M YoY-45.1%
Interest paid	54.0M YoY-19.4%	67.0M YoY+116.1%	31.0M YoY+1450.0%	2.00M YoY+0.0%	2.00M YoY-71.4%
Income taxes paid	141M YoY-28.4%	197M YoY-59.7%	489M YoY+17.5%	416M YoY+49.1%	279M YoY+102.2%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	23.1B YoY+2.8%	22.4B YoY-50.5%	45.3B YoY+40.5%	32.2B YoY-27.2%	44.3B YoY+31.0%
P/E	138.9× YoY+864.2%	14.4× YoY+25.9%	11.4× YoY-29.0%	16.1× YoY-27.2%	22.2× YoY-27.6%
P/S	2.0× YoY+15.6%	1.7× YoY-39.8%	2.8× YoY+11.2%	2.5× YoY-27.2%	3.5× YoY+4.9%
P/B	1.3× YoY+0.6%	1.3× YoY-64.0%	3.6× YoY+2.0%	3.5× YoY-27.2%	4.8× YoY+20.2%
P/FCF	30.3× YoY+2.8%	29.5× YoY-50.5%	59.6× YoY+40.5%	42.4× YoY-27.2%	58.3× YoY+31.0%
	0.72% YoY-89.6%	6.9% YoY-20.6%	8.7% YoY+40.9%	6.2% YoY+37.4%	4.5% YoY+38.0%
	3.3% YoY-2.7%	3.4% YoY+102.0%	1.7% YoY-28.8%	2.4% YoY+37.4%	1.7% YoY-23.7%
	1.4% YoY-3.7%	1.4% YoY+201.1%	0.48% YoY-29.0%	0.67% YoY+45.8%	0.46% YoY-6.9%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: STM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all STM filings on SEC EDGAR → Not investment advice.