ON Semiconductor Corporation (ON) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.51B | 1.53B | 1.55B | 1.47B | 1.45B | 1.72B | 1.76B | 1.74B | 1.86B | 2.02B | 2.18B | 2.09B | 1.96B | 2.1B | 2.19B | 2.08B | 1.95B | 1.85B | 1.74B | 1.67B |
| Revenue Growth % | 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% | 37.61% |
| Cost of Goods Sold | 930.2M | 995.8M | 963.7M | 916.8M | 1.15B | 943.4M | 962.5M | 951.2M | 1.01B | 1.08B | 1.15B | 1.1B | 1.04B | 1.08B | 1.13B | 1.05B | 983.7M | 1.01B | 1.02B | 1.03B |
| COGS % of Revenue | 61.47% | 65.08% | 62.14% | 62.42% | 79.68% | 54.77% | 54.63% | 54.82% | 54.17% | 53.33% | 52.74% | 52.57% | 53.18% | 51.49% | 51.73% | 50.26% | 50.58% | 54.92% | 58.62% | 61.67% |
| Gross Profit | 583.1M | 534.3M | 587.2M | 551.9M | 293.8M | 779.1M | 799.4M | 784M | 853.6M | 941.9M | 1.03B | 993.4M | 917.5M | 1.02B | 1.06B | 1.04B | 961.3M | 832.2M | 720.8M | 640.1M |
| Gross Margin % | 38.53% | 34.92% | 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% | 38.33% |
| Gross Profit Growth % | 98.47% | -31.42% | -26.54% | -29.6% | -65.58% | -17.28% | -22.44% | -21.08% | -6.96% | -7.7% | -2.61% | -4.21% | -4.56% | 22.63% | 46.82% | 62.02% | 84.44% | 67.24% | 63.37% | 71.01% |
| Operating Expenses | 636.5M | 281.3M | 322.8M | 358.5M | 867.5M | 370.5M | 354M | 395.5M | 328.4M | 329.8M | 343.7M | 318.7M | 352.6M | 323.9M | 321.7M | 339.8M | 327.1M | 338.8M | 323.3M | 340.4M |
| OpEx % of Revenue | 42.06% | 18.38% | 20.81% | 24.41% | 60.01% | 21.51% | 20.09% | 22.79% | 17.63% | 16.34% | 15.76% | 15.22% | 17.99% | 15.4% | 14.67% | 16.3% | 16.82% | 18.35% | 18.56% | 20.38% |
| Selling, General & Admin | 152.4M | 147.5M | 150.1M | 154.5M | 152.7M | 170.9M | 160.9M | 153.6M | 164.4M | 156.1M | 178.9M | 158.8M | 147.7M | 171.4M | 154.4M | 156.3M | 149M | 153.7M | 144.1M | 149.3M |
| SG&A % of Revenue | 10.07% | 9.64% | 9.68% | 10.52% | 10.56% | 9.92% | 9.13% | 8.85% | 8.83% | 7.74% | 8.2% | 7.58% | 7.54% | 8.15% | 7.04% | 7.5% | 7.66% | 8.33% | 8.27% | 8.94% |
| Research & Development | 144.3M | 133.8M | 141.9M | 143.8M | 164.1M | 155.2M | 151M | 156.5M | 150M | 150.2M | 143.4M | 145.3M | 138.4M | 136.4M | 145.4M | 161.6M | 156.8M | 160.6M | 154.5M | 166.3M |
| R&D % of Revenue | 9.54% | 8.74% | 9.15% | 9.79% | 11.35% | 9.01% | 8.57% | 9.02% | 8.05% | 7.44% | 6.58% | 6.94% | 7.06% | 6.48% | 6.63% | 7.75% | 8.06% | 8.7% | 8.87% | 9.96% |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -53.4M | 253M | 264.4M | 193.4M | -573.7M | 408.6M | 445.4M | 388.5M | 525.2M | 612.1M | 687M | 674.7M | 564.9M | 696.6M | 736.6M | 697.3M | 634.2M | 493.4M | 397.5M | 299.7M |
| Operating Margin % | -3.53% | 16.53% | 17.05% | 13.17% | -39.68% | 23.72% | 25.28% | 22.39% | 28.2% | 30.33% | 31.5% | 32.21% | 28.83% | 33.11% | 33.59% | 33.44% | 32.61% | 26.73% | 22.82% | 17.95% |
| Operating Income Growth % | 90.69% | -38.08% | -40.64% | -50.22% | -209.23% | -33.25% | -35.17% | -42.42% | -7.03% | -12.13% | -6.73% | -3.24% | -10.93% | 41.18% | 85.31% | 132.67% | 270.23% | 181.62% | 210.55% | 394.55% |
| EBITDA | -42.9M | 467.9M | 410.9M | 349.8M | -405.5M | 575.2M | 607.2M | 548.1M | 680.1M | 772.4M | 842.4M | 823.5M | 709.9M | 829.8M | 876.2M | 835.7M | 774.8M | 633.7M | 547.4M | 452.8M |
| EBITDA Margin % | -2.83% | 30.58% | 26.49% | 23.82% | -28.05% | 33.39% | 34.46% | 31.59% | 36.51% | 38.27% | 38.63% | 39.32% | 36.22% | 39.45% | 39.96% | 40.08% | 39.84% | 34.33% | 31.42% | 27.12% |
| EBITDA Growth % | 89.42% | -18.65% | -32.33% | -36.18% | -159.62% | -25.53% | -27.92% | -33.44% | -4.2% | -6.92% | -3.86% | -1.46% | -8.38% | 30.95% | 60.07% | 84.56% | 138.62% | 92.61% | 92.61% | 111.1% |
| D&A (Non-Cash Add-back) | 10.5M | 214.9M | 146.5M | 156.4M | 168.2M | 166.6M | 161.8M | 159.6M | 154.9M | 160.3M | 155.4M | 148.8M | 145M | 133.2M | 139.6M | 138.4M | 140.6M | 140.3M | 149.9M | 153.1M |
| EBIT | -57.2M | 234.4M | 290.7M | 220.1M | -543M | 457.8M | 470.3M | 417.8M | 553.8M | 626.7M | 713.7M | 697.9M | 572.3M | 790.8M | 430.5M | 586.1M | 649.7M | 498.2M | 404.1M | 255.1M |
| Net Interest Income | 5M | 3.3M | 5M | 7.3M | 8.6M | 12.5M | 12.9M | 11.7M | 12M | 10.5M | 9.5M | 7.6M | -9.3M | -18.4M | -18.8M | -21M | -21.2M | -31.7M | -31.4M | -32.9M |
| Interest Income | 17.7M | 20.6M | 22.7M | 25.2M | 26.6M | 27.8M | 28.6M | 27.4M | 27.6M | 26.3M | 25.7M | 24M | 17.1M | 9.1M | 4.9M | 1.1M | 400K | 300K | 500K | 200K |
| Interest Expense | 12.7M | 17.3M | 17.7M | 17.9M | 18M | 15.3M | 15.7M | 15.7M | 15.6M | 15.8M | 16.2M | 16.4M | 26.4M | 27.5M | 23.7M | 22.1M | 21.6M | 32M | 31.9M | 33.1M |
| Other Income/Expense | 8.8M | -35.9M | 8.6M | 8.8M | 12.7M | 33.9M | 9.2M | 13.6M | 13M | -1.2M | 10.5M | 6.8M | -19M | 66.7M | -329.8M | -133.3M | -6.1M | -27.2M | -25.3M | -77.7M |
| Pretax Income | -44.6M | 217.1M | 273M | 202.2M | -561M | 442.5M | 454.6M | 402.1M | 538.2M | 610.9M | 697.5M | 681.5M | 545.9M | 763.3M | 406.8M | 564M | 628.1M | 466.2M | 372.2M | 222M |
| Pretax Margin % | -2.95% | 14.19% | 17.6% | 13.77% | -38.8% | 25.69% | 25.8% | 23.17% | 28.89% | 30.27% | 31.98% | 32.54% | 27.86% | 36.29% | 18.55% | 27.05% | 32.29% | 25.25% | 21.37% | 13.29% |
| Income Tax | -11.7M | 35.3M | 17.7M | 30.5M | -75.8M | 62.7M | 51.9M | 63.7M | 84.5M | 47.5M | 114.6M | 104.4M | 83.7M | 159M | 94.9M | 107.4M | 97.1M | 39.8M | 61.8M | 37.9M |
| Effective Tax Rate % | 26.23% | 16.26% | 6.48% | 15.08% | 13.51% | 14.17% | 11.42% | 15.84% | 15.7% | 7.78% | 16.43% | 15.32% | 15.33% | 20.83% | 23.33% | 19.04% | 15.46% | 8.54% | 16.6% | 17.07% |
| Net Income | -33.4M | 181.8M | 255M | 170.3M | -486.1M | 379.9M | 401.7M | 338.2M | 453M | 562.7M | 582.7M | 576.6M | 461.7M | 604.3M | 311.9M | 455.8M | 530.2M | 425.9M | 309.7M | 184.1M |
| Net Margin % | -2.21% | 11.88% | 16.44% | 11.6% | -33.62% | 22.06% | 22.8% | 19.49% | 24.32% | 27.88% | 26.72% | 27.53% | 23.56% | 28.73% | 14.23% | 21.86% | 27.26% | 23.07% | 17.78% | 11.02% |
| Net Income Growth % | 93.13% | -52.15% | -36.52% | -49.65% | -207.31% | -32.49% | -31.06% | -41.35% | -1.88% | -6.88% | 86.82% | 26.5% | -12.92% | 41.89% | 0.71% | 147.58% | 489.77% | 378.54% | 92.84% | 13250% |
| Net Income (Continuing) | -32.9M | 181.8M | 255.3M | 171.7M | -485.2M | 379.8M | 402.7M | 338.4M | 453.7M | 563.4M | 582.9M | 577.1M | 462.2M | 604.3M | 311.9M | 456.6M | 531M | 426.4M | 310.4M | 184.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 19.1M | 18.6M | 20.7M | 20.4M | 19M | 18.1M | 19.9M | 18.9M | 18.7M | 18M | 19.7M | 19.5M | 19M | 18.5M | 20.6M | 20.6M | 19.8M | 19M | 20.7M | 20M |
| EPS (Diluted) | -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 | 0.96 | 0.70 | 0.42 |
| EPS Growth % | 93.04% | -48.86% | -32.26% | -47.44% | -210.58% | -31.25% | -27.91% | -39.53% | 0.97% | -5.19% | 84.29% | 26.47% | -12.71% | 40.63% | 0% | 142.86% | 490% | 357.14% | 84.21% | - |
| EPS (Basic) | -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 | 0.43 |
| Diluted Shares Outstanding | 394.1M | 402.3M | 408M | 414.9M | 421.3M | 429.6M | 431.7M | 433.2M | 436.5M | 439.5M | 450.7M | 448.7M | 448.5M | 447.9M | 448.7M | 447M | 448.9M | 445.3M | 440.7M | 443.6M |
| Basic Shares Outstanding | 394.1M | 400.8M | 406.9M | 414.6M | 421.3M | 425.4M | 427M | 429.1M | 428.1M | 428.1M | 431.2M | 431.7M | 431.9M | 432.2M | 432.9M | 434.2M | 433.3M | 431.1M | 430.6M | 427.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |