On Holding AG Income Statement

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Revenue	2,718	2,318	1,792	1,222	724.6	425.3	Upgrade
Revenue Growth (YoY)	35.67%	29.36%	46.64%	68.66%	70.37%	59.22%	Upgrade
Cost of Revenue	1,060	912.6	724.8	537.2	294.3	194.2	Upgrade
Gross Profit	1,658	1,406	1,067	684.9	430.3	231.1	Upgrade
Selling, General & Admin	1,363	1,195	887.5	599.9	571.4	248.2	Upgrade
Operating Expenses	1,363	1,195	887.5	599.9	571.4	248.2	Upgrade
Operating Income	294.8	211	179.8	85	-141.1	-17.1	Upgrade
Interest Expense	-17.9	-15.3	-6.5	-4.2	-2.4	-0.3	Upgrade
Interest & Investment Income	27.1	23.5	11.5	5.7	-	-	Upgrade
Currency Exchange Gain (Loss)	-159	67.7	-111.4	-6.5	-14.9	-6.4	Upgrade
Other Non Operating Income (Expenses)	-7.2	-7.2	-4.3	-2.1	-1.2	-0.6	Upgrade
Pretax Income	137.8	279.7	69.1	77.9	-159.6	-24.4	Upgrade
Income Tax Expense	1.9	37.4	-10.5	20.2	10.6	3.1	Upgrade
Net Income	135.9	242.3	79.6	57.7	-170.2	-27.5	Upgrade
Net Income to Common	135.9	242.3	79.6	57.7	-170.2	-27.5	Upgrade
Net Income Growth	-11.81%	204.40%	37.95%	-	-	-	Upgrade
Shares Outstanding (Basic)	326	323	319	317	288	266	Upgrade
Shares Outstanding (Diluted)	332	328	323	320	288	266	Upgrade
Shares Change (YoY)	1.90%	1.49%	1.09%	10.92%	8.51%	13.56%	Upgrade
EPS (Basic)	0.42	0.75	0.25	0.18	-0.59	-0.10	Upgrade
EPS (Diluted)	0.41	0.74	0.25	0.18	-0.59	-0.10	Upgrade
EPS Growth	-13.45%	199.92%	36.47%	-	-	-	Upgrade
Free Cash Flow	352.1	450.1	189.3	-287.3	-7.7	-25.7	Upgrade
Free Cash Flow Per Share	1.06	1.37	0.59	-0.90	-0.03	-0.10	Upgrade
Gross Margin	61.00%	60.63%	59.56%	56.04%	59.38%	54.34%	Upgrade
Operating Margin	10.85%	9.10%	10.03%	6.96%	-19.47%	-4.02%	Upgrade
Profit Margin	5.00%	10.45%	4.44%	4.72%	-23.49%	-6.47%	Upgrade
Free Cash Flow Margin	12.95%	19.41%	10.56%	-23.51%	-1.06%	-6.04%	Upgrade
EBITDA	337	248.8	206.3	103.2	-130.1	-5	Upgrade
EBITDA Margin	12.40%	10.73%	11.51%	8.44%	-17.95%	-1.18%	Upgrade
D&A For EBITDA	42.2	37.8	26.5	18.2	11	12.1	Upgrade
EBIT	294.8	211	179.8	85	-141.1	-17.1	Upgrade
EBIT Margin	10.85%	9.10%	10.03%	6.96%	-19.47%	-4.02%	Upgrade
Effective Tax Rate	1.38%	13.37%	-	25.93%	-	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.