On Semiconductor Corp (ON) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, On Semiconductor reported revenue of $6.00B, down 15.3% from $7.08B the year before. Net income was $121.0M (a 2.0% net margin), or $0.29 per diluted share. Gross margin was 33.1% and operating margin was 1.4%. Operating activities generated $1.76B of cash, leaving $1.42B of free cash flow. At fiscal year end, On Semiconductor held $12.52B in total assets against $4.83B in total liabilities, including $2.15B of cash and equivalents.
Open the full interactive On Semiconductor financials → Quarterly statements, key ratios, valuation history and price charts.
On Semiconductor Key Stats
| Share Price | $76.69 |
|---|---|
| Market Cap | $31.01B |
| P/E Ratio | 264.4 |
| Revenue YoY Growth | -15.3% |
| 52-Week Range | $44.90 – $133.93 |
| Shares Outstanding | 390.3 million (basic, 2026 Q2) |
On Semiconductor Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.25B | $6.74B | $8.33B | $8.25B | $7.08B | $6.00B |
| Gross Profit | $1.72B | $2.71B | $4.08B | $3.88B | $3.22B | $1.98B |
| Operating Income | $348.7M | $1.29B | $2.36B | $2.54B | $1.77B | $84.2M |
| Pre-Tax Income | $176.6M | $1.16B | $2.36B | $2.54B | $1.84B | $131.3M |
| Income Tax | -$59.8M | $146.6M | $458.4M | $350.2M | $262.8M | $7.7M |
| Net Income | $234.2M | $1.01B | $1.90B | $2.18B | $1.57B | $121.0M |
| Diluted EPS | $0.56 | $2.27 | $4.25 | $4.89 | $3.63 | $0.29 |
On Semiconductor Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.55B | $1.53B | $1.51B | $1.60B |
| Net Income | $255.0M | $181.8M | -$33.4M | $226.8M |
| Diluted EPS | $0.63 | $0.44 | -$0.08 | $0.56 |
On Semiconductor Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.08B | $1.35B | $2.92B | $2.48B | $2.69B | $2.15B |
| Current Assets | $3.18B | $3.78B | $5.73B | $5.91B | $6.75B | $5.82B |
| Total Assets | $8.67B | $9.63B | $11.98B | $13.22B | $14.09B | $12.52B |
| Current Liabilities | $1.67B | $1.54B | $2.06B | $2.18B | $1.33B | $1.29B |
| Total Long-Term Debt | $3.49B | $3.07B | $3.19B | $3.34B | $3.35B | $2.98B |
| Total Liabilities | $5.11B | $5.02B | $5.77B | $5.41B | $5.28B | $4.83B |
| Shareholders' Equity | $3.54B | $4.59B | $6.19B | $7.78B | $8.80B | $7.67B |
On Semiconductor Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $884.3M | $1.78B | $2.63B | $1.98B | $1.91B | $1.76B |
| Cash From Investing | -$453.6M | -$915.1M | -$705.4M | -$1.74B | -$1.01B | -$538.5M |
| Cash From Financing | -$244.0M | -$569.4M | -$370.0M | -$686.5M | -$683.8M | -$1.76B |
| Free Cash Flow | $500.7M | $1.34B | $1.63B | $401.9M | $1.21B | $1.42B |
Figures from On Semiconductor's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full On Semiconductor financials page for every line item.
On Semiconductor Company Profile
| Ticker | ON |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Scottsdale, Arizona |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001097864 |
Frequently Asked Questions
What was On Semiconductor's revenue in fiscal 2025?
On Semiconductor (ON) reported revenue of $6.00B for fiscal 2025.
What is On Semiconductor's annual revenue history?
On Semiconductor's annual revenue by fiscal year: 2020: $5.25B; 2021: $6.74B; 2022: $8.33B; 2023: $8.25B; 2024: $7.08B; 2025: $6.00B.
What was On Semiconductor's net income in fiscal 2025?
On Semiconductor reported net income of $121.0M for fiscal 2025.
What was On Semiconductor's earnings per share (EPS) in fiscal 2025?
On Semiconductor's diluted EPS was $0.29 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did On Semiconductor generate in fiscal 2025?
On Semiconductor generated $1.42B of free cash flow in fiscal 2025.
What was On Semiconductor's revenue last quarter?
In its most recent reported quarter (2026 Q2), On Semiconductor reported revenue of $1.60B.
How much debt does On Semiconductor have?
On Semiconductor reported $2.98B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of On Semiconductor are outstanding?
On Semiconductor reported a weighted average of 390.3 million basic shares outstanding in 2026 Q2.
What is On Semiconductor's market cap?
Based on its latest closing price, On Semiconductor (ON) has a market capitalization of about $31.01B.
When does On Semiconductor's fiscal year end?
On Semiconductor's fiscal year end, as registered with the SEC, is December 31.
Where is On Semiconductor headquartered?
On Semiconductor lists its business address in Scottsdale, Arizona in its SEC filings.