On Holding AG (ONON)

On Holding AG Income Statement

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

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

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q