ON Semiconductor Corporation financials

Key figures from ON Semiconductor Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJul 2026Jul 2025Change
Revenue$1.6B$1.5B+9.2%
Net income$227M$170M+33.2%
Free cash flow$425M$106M+300.9%
Gross margin38.4%37.6%+0.9 pts
Operating margin16.1%13.2%+3.0 pts
Net margin14.1%11.6%+2.5 pts

Quarterly trend

Revenue by quarter
$2.2BSep 2023$2.0BDec 2023*$1.9BMar 2024$1.7BJun 2024$1.8BSep 2024$1.7BDec 2024*$1.4BApr 2025$1.5BJul 2025$1.6BOct 2025$1.5BDec 2025*$1.5BApr 2026$1.6BJul 2026
Net income by quarter
$583MSep 2023$563MDec 2023*$453MMar 2024$338MJun 2024$402MSep 2024$380MDec 2024*-$486MApr 2025$170MJul 2025$255MOct 2025$182MDec 2025*-$33MApr 2026$227MJul 2026
Free cash flow by quarter
$134MSep 2023$257MDec 2023*$265MMar 2024$221MJun 2024$304MSep 2024$422MDec 2024*$455MApr 2025$106MJul 2025$372MOct 2025$485MDec 2025*$217MApr 2026$425MJul 2026
Margins by quarter
-53%4%60%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Apr 2025Jul 2025Oct 2025Dec 2025*Apr 2026Jul 202647.3%46.7%45.8%45.2%45.4%45.2%20.3%37.6%37.9%36.0%38.5%38.4%31.5%30.3%28.2%22.4%25.3%23.7%-39.7%13.2%17.0%13.1%-3.5%16.1%26.7%27.9%24.3%19.5%22.8%22.1%-33.6%11.6%16.4%11.9%-2.2%14.1%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$6.0B$121M2.0%$1.4B$0.29
FY Dec 2024$7.1B$1.6B22.2%$1.2B$3.63
FY Dec 2023$8.3B$2.2B26.5%$438M$4.89
FY Dec 2022$8.3B$1.9B22.8%$1.6B$4.25
FY Dec 2021$6.7B$1.0B15.0%$1.3B$2.27

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.