Q1 2025 Financial Performance - Net revenues were $2.52 billion, a decrease of 27.3% year-over-year and 24.2% quarter-over-quarter[11] - Gross margin was 33.4%[11] - Operating margin was 0.1% and net income was $56 million[11] Q2 2025 Outlook - Net revenues are expected to be $2.71 billion, a decrease of 16.2% year-over-year and an increase of 7.7% quarter-over-quarter[11] - Gross margin is expected to be about 33.4%[11] - Net Operating Expenses are expected to stand between $860 million and $870 million[36] Segment Performance (Q1 2025) - Analog products, MEMS and Sensors (AM&S) revenues were $1.069 billion with an operating margin of 7.7%[38] - Embedded Processing (EMP) revenues were $742 million with an operating margin of 8.9%[38] - Power and discrete products (P&D) revenues were $397 million with an operating margin of -6.9%[39] - RF & Optical Communications (RF&OC) revenues were $306 million with an operating margin of 13.9%[39] Financial Position - Net cash from operating activities was $574 million[41] - Net Capex was $530 million[41] - Free cash flow was $30 million[41] - Cash dividends paid to stockholders totaled $72 million[42] - Shares repurchased totaled $92 million[43]
ST(STM) - 2025 Q1 - Earnings Call Presentation