ON Semiconductor Corporation (ON)
NASDAQ: ON · Real-Time Price · USD
74.09
+1.48 (2.04%)
At close: Aug 31, 2026, 4:00 PM EDT
74.25
+0.16 (0.22%)
After-hours: Aug 31, 2026, 7:46 PM EDT
ON Semiconductor Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Apr '26 Apr 3, 2026 | Dec '25 Dec 31, 2025 | Oct '25 Oct 3, 2025 | Jul '25 Jul 4, 2025 | Apr '25 Apr 4, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 27, 2024 | Jun '24 Jun 28, 2024 | Mar '24 Mar 29, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 29, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jul '22 Jul 1, 2022 | Apr '22 Apr 1, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 1, 2021 |
| 1,604 | 1,513 | 1,530 | 1,551 | 1,469 | 1,446 | 1,723 | 1,762 | 1,735 | 1,863 | 2,018 | 2,181 | 2,094 | 1,960 | 2,104 | 2,193 | 2,085 | 1,945 | 1,846 | 1,742 | |
Revenue Growth (YoY) | 9.18% | 4.68% | -11.17% | -11.98% | -15.36% | -22.39% | -14.65% | -19.21% | -17.15% | -4.95% | -4.06% | -0.54% | 0.45% | 0.76% | 13.95% | 25.86% | 24.86% | 31.27% | 27.64% | 32.25% |
Cost of Revenue | 973.8 | 930.2 | 947 | 963.7 | 916.8 | 1,152 | 943.4 | 962.5 | 951.2 | 1,009 | 1,076 | 1,150 | 1,101 | 1,042 | 1,083 | 1,134 | 1,048 | 983.7 | 1,014 | 1,021 |
Gross Profit | 629.7 | 583.1 | 583.1 | 587.2 | 551.9 | 293.8 | 779.1 | 799.4 | 784 | 853.6 | 941.9 | 1,031 | 993.4 | 917.5 | 1,021 | 1,058 | 1,037 | 961.3 | 832.2 | 720.8 |
Selling, General & Admin | 165.2 | 152.4 | 145 | 147.1 | 154.5 | 152.7 | 164.6 | 160.9 | 153.6 | 164.4 | 166.4 | 178.9 | 158.8 | 147.7 | 149 | 154.4 | 156.3 | 149 | 129.9 | 144.1 |
Research & Development | 140.8 | 144.3 | 133.8 | 141.9 | 143.8 | 164.1 | 155.2 | 151 | 156.5 | 150 | 150.2 | 143.4 | 145.3 | 138.4 | 136.4 | 145.4 | 161.6 | 156.8 | 160.6 | 154.5 |
Amortization of Goodwill & Intangibles | 10.5 | 10.5 | 10.8 | 11.2 | 11 | 11.4 | 13.5 | 13 | 12.9 | 12.6 | 12.1 | 12 | 12 | 15 | 16.1 | 21.9 | 21.9 | 21.3 | 24.5 | 24.7 |
Other Operating Expenses | - | - | 0.7 | - | - | - | 0.7 | 1.7 | 1 | - | -5.9 | - | - | - | - | - | - | -13 | 0.6 | - |
Operating Expenses | 316.5 | 307.2 | 290.3 | 300.2 | 309.3 | 328.2 | 334 | 326.6 | 324 | 327 | 322.8 | 334.3 | 316.1 | 301.1 | 301.5 | 321.7 | 339.8 | 314.1 | 315.6 | 323.3 |
Operating Income | 313.2 | 275.9 | 292.8 | 287 | 242.6 | -34.4 | 445.1 | 472.8 | 460 | 526.6 | 619.1 | 696.4 | 677.3 | 616.4 | 719 | 736.6 | 697.3 | 647.2 | 516.6 | 397.5 |
Interest Expense | -13.7 | -12.7 | -17.3 | -17.7 | -17.9 | -18 | -15.3 | -15.7 | -15.7 | -15.6 | -15.8 | -16.2 | -16.4 | -26.4 | -27.5 | -23.7 | -22.1 | -21.6 | -32 | -31.9 |
Interest & Investment Income | 17.4 | 17.7 | 20.6 | 22.7 | 25.2 | 26.6 | 37.3 | 28.6 | 27.4 | 27.6 | 26.3 | 25.7 | 24 | 17.1 | 9.1 | 4.9 | 1.1 | 0.4 | 0.3 | 0.5 |
Currency Exchange Gain (Loss) | - | - | 8.5 | -0.9 | - | - | 4.8 | -5.5 | 0.2 | 1.4 | -6.7 | 1.5 | -0.7 | -1.9 | -9.7 | 0.7 | 6.3 | 1.9 | -2.3 | -0.8 |
Other Non Operating Income (Expenses) | 8.6 | 3.8 | -0.3 | 4.5 | 1.5 | 4.1 | -2.2 | -1.2 | 1.7 | -0.4 | -1.6 | -0.4 | -0.6 | 6.6 | -0.4 | 0.2 | 0.1 | 0.2 | -1.1 | -5 |
EBT Excluding Unusual Items | 325.5 | 284.7 | 304.3 | 295.6 | 251.4 | -21.7 | 469.7 | 479 | 473.6 | 539.6 | 621.3 | 707 | 683.6 | 611.8 | 690.5 | 718.7 | 682.7 | 628.1 | 481.5 | 360.3 |
Merger & Restructuring Charges | -54.6 | -329.3 | -87.2 | -22.6 | -49.2 | -539.3 | -30.2 | -27.4 | -71.5 | -1.4 | -17.3 | -9.4 | -2.6 | -51.5 | -19.6 | -40.3 | 1.7 | - | -9.2 | 1.7 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -215 | -115 | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | -0.1 | 0.5 | -1.1 | 99.7 | 0.2 | 1.9 | - | - | 10.2 |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4 | -56.8 | - | - | -0.4 | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.5 | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | 3 | 3 | - | - | 6.9 | - | - | -13.3 | 0.2 | - | -7.3 | - | -2.8 | - |
Pretax Income | 270.9 | -44.6 | 217.1 | 273 | 202.2 | -561 | 442.5 | 454.6 | 402.1 | 538.2 | 610.9 | 697.5 | 681.5 | 545.9 | 763.3 | 406.8 | 564 | 628.1 | 466.2 | 372.2 |
Income Tax Expense | 43.4 | -11.7 | 35.3 | 17.7 | 30.5 | -75.8 | 62.7 | 51.9 | 63.7 | 84.5 | 47.5 | 114.6 | 104.4 | 83.7 | 159 | 94.9 | 107.4 | 97.1 | 39.8 | 61.8 |
Earnings From Continuing Operations | 227.5 | -32.9 | 181.8 | 255.3 | 171.7 | -485.2 | 379.8 | 402.7 | 338.4 | 453.7 | 563.4 | 582.9 | 577.1 | 462.2 | 604.3 | 311.9 | 456.6 | 531 | 426.4 | 310.4 |
Minority Interest in Earnings | -0.7 | -0.5 | - | -0.3 | -1.4 | -0.9 | 0.1 | -1 | -0.2 | -0.7 | -0.7 | -0.2 | -0.5 | -0.5 | - | - | -0.8 | -0.8 | -0.5 | -0.7 |
Net Income | 226.8 | -33.4 | 181.8 | 255 | 170.3 | -486.1 | 379.9 | 401.7 | 338.2 | 453 | 562.7 | 582.7 | 576.6 | 461.7 | 604.3 | 311.9 | 455.8 | 530.2 | 425.9 | 309.7 |
Net Income to Common | 226.8 | -33.4 | 181.8 | 255 | 170.3 | -486.1 | 379.9 | 401.7 | 338.2 | 453 | 562.7 | 582.7 | 576.6 | 461.7 | 604.3 | 311.9 | 455.8 | 530.2 | 425.9 | 309.7 |
Net Income Growth (YoY) | 33.18% | - | -52.14% | -36.52% | -49.65% | - | -32.49% | -31.06% | -41.35% | -1.88% | -6.88% | 86.82% | 26.50% | -12.92% | 41.89% | 0.71% | 147.58% | 489.77% | 378.54% | 92.84% |
Shares Outstanding (Basic) | 390 | 394 | 401 | 407 | 415 | 421 | 425 | 427 | 429 | 428 | 428 | 431 | 432 | 432 | 432 | 433 | 434 | 433 | 431 | 431 |
Shares Outstanding (Diluted) | 404 | 394 | 402 | 408 | 415 | 421 | 430 | 432 | 433 | 437 | 440 | 451 | 449 | 449 | 448 | 449 | 447 | 449 | 445 | 441 |
Shares Change (YoY) | -2.53% | -6.46% | -6.35% | -5.49% | -4.22% | -3.48% | -2.25% | -4.22% | -3.45% | -2.68% | -1.88% | 0.45% | 0.38% | -0.09% | 0.58% | 1.81% | 0.77% | 0.79% | 3.17% | 5.36% |
EPS (Basic) | 0.58 | -0.08 | 0.45 | 0.63 | 0.41 | -1.15 | 0.89 | 0.94 | 0.79 | 1.06 | 1.31 | 1.35 | 1.34 | 1.07 | 1.40 | 0.72 | 1.05 | 1.22 | 0.99 | 0.72 |
EPS (Diluted) | 0.56 | -0.08 | 0.45 | 0.63 | 0.41 | -1.15 | 0.88 | 0.93 | 0.78 | 1.04 | 1.28 | 1.29 | 1.29 | 1.03 | 1.35 | 0.70 | 1.02 | 1.18 | 0.95 | 0.70 |
EPS Growth (YoY) | 36.59% | - | -48.67% | -32.61% | -47.44% | - | -31.33% | -28.12% | -39.34% | 0.94% | -5.17% | 85.82% | 25.97% | -12.85% | 42.31% | -0.54% | 143.05% | 491.11% | 357.64% | 84.21% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Apr '26 Apr 3, 2026 | Dec '25 Dec 31, 2025 | Oct '25 Oct 3, 2025 | Jul '25 Jul 4, 2025 | Apr '25 Apr 4, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 27, 2024 | Jun '24 Jun 28, 2024 | Mar '24 Mar 29, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 29, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jul '22 Jul 1, 2022 | Apr '22 Apr 1, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 1, 2021 |
Free Cash Flow | 425.4 | 217.2 | 485.4 | 372.4 | 106.1 | 454.7 | 422.4 | 304.1 | 221.1 | 264.8 | 257.2 | 133.6 | -23.1 | 70.7 | 412 | 709 | 171.3 | 304.8 | 431.1 | 337 |
Free Cash Flow Per Share | 1.05 | 0.55 | 1.21 | 0.91 | 0.26 | 1.08 | 0.98 | 0.70 | 0.51 | 0.61 | 0.58 | 0.30 | -0.05 | 0.16 | 0.92 | 1.58 | 0.38 | 0.68 | 0.97 | 0.77 |
Gross Margin | 39.27% | 38.53% | 38.11% | 37.86% | 37.58% | 20.32% | 45.23% | 45.37% | 45.18% | 45.83% | 46.67% | 47.26% | 47.43% | 46.82% | 48.51% | 48.27% | 49.74% | 49.42% | 45.08% | 41.38% |
Operating Margin | 19.53% | 18.23% | 19.14% | 18.50% | 16.52% | -2.38% | 25.84% | 26.83% | 26.51% | 28.27% | 30.68% | 31.93% | 32.34% | 31.45% | 34.18% | 33.60% | 33.44% | 33.27% | 27.98% | 22.82% |
Profit Margin | 14.14% | -2.21% | 11.88% | 16.44% | 11.59% | -33.62% | 22.05% | 22.80% | 19.49% | 24.32% | 27.88% | 26.72% | 27.53% | 23.56% | 28.73% | 14.22% | 21.86% | 27.26% | 23.07% | 17.78% |
Free Cash Flow Margin | 26.53% | 14.35% | 31.72% | 24.01% | 7.22% | 31.45% | 24.52% | 17.26% | 12.74% | 14.22% | 12.75% | 6.13% | -1.10% | 3.61% | 19.59% | 32.34% | 8.22% | 15.67% | 23.35% | 19.34% |
EBITDA | 454.5 | 426.1 | 507.7 | 433.5 | 399 | 133.8 | 611.7 | 634.6 | 619.6 | 681.5 | 779.4 | 851.8 | 826.1 | 761.4 | 852.2 | 876.2 | 835.7 | 787.8 | 656.9 | 547.4 |
EBITDA Margin | 28.34% | 28.16% | 33.18% | 27.95% | 27.17% | 9.25% | 35.51% | 36.02% | 35.71% | 36.59% | 38.62% | 39.06% | 39.44% | 38.85% | 40.51% | 39.96% | 40.08% | 40.50% | 35.58% | 31.42% |
D&A For EBITDA | 141.3 | 150.2 | 214.9 | 146.5 | 156.4 | 168.2 | 166.6 | 161.8 | 159.6 | 154.9 | 160.3 | 155.4 | 148.8 | 145 | 133.2 | 139.6 | 138.4 | 140.6 | 140.3 | 149.9 |
EBIT | 313.2 | 275.9 | 292.8 | 287 | 242.6 | -34.4 | 445.1 | 472.8 | 460 | 526.6 | 619.1 | 696.4 | 677.3 | 616.4 | 719 | 736.6 | 697.3 | 647.2 | 516.6 | 397.5 |
EBIT Margin | 19.53% | 18.23% | 19.14% | 18.50% | 16.52% | -2.38% | 25.84% | 26.83% | 26.51% | 28.27% | 30.68% | 31.93% | 32.34% | 31.45% | 34.18% | 33.60% | 33.44% | 33.27% | 27.98% | 22.82% |
Effective Tax Rate | 16.02% | - | 16.26% | 6.48% | 15.08% | - | 14.17% | 11.42% | 15.84% | 15.70% | 7.78% | 16.43% | 15.32% | 15.33% | 20.83% | 23.33% | 19.04% | 15.46% | 8.54% | 16.60% |