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.

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.

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.

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.