How did STMicroelectronics' revenue and expenses trend in Q4 2024?

STMicroelectronics exhibited robust revenue and a healthy gross margin in Q4 2024, with some notable segments performing well, although R&D and selling, general, and administrative expenses were significant. 1. **Revenue Trend**: STMicroelectronics generated a total revenue of $7.89 billion in Q4 2024, with substantial contributions from various segments: - The Subtotal: Analog, Power & Discrete, Mems and Sensors (APMs) Product Group brought in $7.89 billion. - The Subtotal: Microcontrollers, Digital ICs and RF Products (MDRF) Product Group contributed $5.36 billion. - The Analog Products, Mems and Sensors (AMS) Segment generated $4.76 billion. - The Microcontrollers (MCU) Segment and the Power and Discrete Products (P&D) Segment contributed $3.47 billion and $3.13 billion, respectively. - The Digital ICs and RF Products (D&Rf) Segment brought in $1.9 billion. 2. **Gross Margin**: The company maintained a solid gross margin of 39.49% in Q4 2024, indicating efficient cost management and a strong profitability margin. |code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code| |---|---|---|---|---|---|---| |STM|STM.N|STMicroelectronics|2024 Q1|41.928|-15.726678511991391|169| |STM|STM.N|STMicroelectronics|2024 Q2|38.8606|-21.33226987108895|169| |STM|STM.N|STMicroelectronics|2024 Q3|40.0101|-18.079741524929204|169| |STM|STM.N|STMicroelectronics|2024 Q4|39.4946|-17.8414518464278|169| 3. **R&D Expenses**: STMicroelectronics invested heavily in R&D, with $523 million spent in Q4 2024, reflecting its commitment to innovation and technological advancement. |code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code| |---|---|---|---|---|---|---| |STM|STM.N|STMicroelectronics|2024 Q1|5.28E8|4.554455445544554|169| |STM|STM.N|STMicroelectronics|2024 Q2|5.35E8|-3.6036036036036037|169| |STM|STM.N|STMicroelectronics|2024 Q3|4.92E8|-5.202312138728324|169| |STM|STM.N|STMicroelectronics|2024 Q4|5.23E8|0.3838771593090211|169| 4. **Selling, General, and Administrative Expenses**: The company also incurred $420 million in selling, general, and administrative expenses in Q4 2024, which, along with R&D expenses, supports the operational and strategic needs of the business. |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Selling, General, and Administrative Expenses YoY|market_code| |---|---|---|---|---|---|---| |STM|STM.N|STMicroelectronics|20240331|4.25E8|7.59493670886076|169| |STM|STM.N|STMicroelectronics|20240630|4.19E8|1.2077294685990339|169| |STM|STM.N|STMicroelectronics|20240930|3.85E8|-5.405405405405405|169| |STM|STM.N|STMicroelectronics|20241231|4.2E8|0.9615384615384616|169| In conclusion, STMicroelectronics demonstrated a strong revenue base with diverse segments contributing significantly, along with effective cost management as evidenced by the gross margin. The company's investment in R&D and administrative expenses reflects its focus on long-term growth and operational efficiency.