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ONONOn Holding AG
$38.88$13.0B
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HomeStocksONONEarnings History

ONON logoOn Holding AG (ONON) Earnings History

Profitable

7 years of earnings data (2019–2025) · Positive TTM net income

TTM Net Income
$252M
● Profitable
TTM EPS (Diluted)
$0.75
Per share, diluted
YoY EPS Growth
-18.3%
Declining
Net Margin
6.8%
After-tax profitability
EPS Growth Rate (CAGR)
1Y-18.3%
3Y+47.7%
5YN/A
10YN/A
Operating Margin12.5%
Gross Margin62.8%
Return on Equity12.9%
Return on Assets7.5%
Record Annual Net Income$242MFY2024
Record Quarterly EPS$0.36Q3 2025
Consecutive Profitable Years4years
Q1 2026
Net Income$106M
EPS (Diluted)$0.31
YoY Growth-18.3%Declining
QoQ Growth+54.0%Excellent

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On Holding AG (ONON) Earnings Overview

As of June 22, 2026, On Holding AG (ONON) reported trailing twelve-month net income of $252M, reflecting -18.3% year-over-year growth. The company earned $0.75 per diluted share over the past four quarters, with a net profit margin of 6.8%.

Looking at the long-term picture, ONON's historical earnings data spans multiple years. The company achieved its highest annual net income of $242M in fiscal 2024.

On Holding AG maintains positive profitability with a gross margin of 62.8%, operating margin of 12.5%, and net margin of 6.8%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including NKE ($2.52B net income, 7.0% margin), LULU ($1.46B net income, 14.2% margin), DECK ($1.02B net income, 18.8% margin), ONON has room to improve margins relative to the peer group. Compare ONON vs NKE →

ONON Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ONON logoONONCurrent
$252M$0.756.8%12.9%-18.3%—
NKE logoNKE
$2.5B$1.717.0%23.3%-42.1%
LULU logoLULU
$1.5B$12.6414.2%34.0%-9.4%
DECK logoDECK
$1.0B$7.2418.8%40.9%+10.9%
BIRK logoBIRK
$357M$1.9416.6%13.0%+83.3%
UAA logoUAA
-$496M$-1.16-10.0%-30.0%-146.8%
Best in group
Lowest in group

ONON Historical Earnings Data (2019–2025)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$195M-19.7%$360M$0.586.8%12.5%
2024$242M+204.4%$212M$0.7110.5%9.1%
2023$80M+38.0%$180M$0.254.4%10.1%
2022$58M+133.9%$85M$0.184.7%7.0%
2021-$170M-518.9%-$141M$-0.55-23.5%-19.5%
2020-$28M-1766.9%-$17M$-0.09-6.5%-4.0%
2019-$1M-$6M$-0.00-0.6%2.1%

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ONON — Frequently Asked Questions

Quick answers to the most common questions about buying ONON stock.

What is ONON earnings per share (EPS)?

ONON trailing twelve-month (TTM) diluted EPS is $0.75, reflecting -18.3% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2019 to 2025 is available in the table on this page.

What is On Holding AG's net income?

On Holding AG (ONON) trailing twelve-month net income is $252M as of 2025. Earnings declined -18.3% year-over-year. On Holding AG has been profitable for 4 consecutive years.

Is ONON profitable?

Yes, ONON is profitable with a TTM net income of $252M and a net profit margin of +6.8%. On Holding AG has generated profits for 4 consecutive years.

What is ONON's earnings growth rate?

ONON compound annual EPS growth rates (CAGR): 1-Year: -18.3%, 3-Year: +47.7%, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2019 to 2025.

What are ONON's profit margins?

On Holding AG net profit margin is +6.8%, operating margin is +12.5%, and gross margin is +62.8%. Margins are within a typical range for the sector. Return on Equity is +12.9%.

Is ONON growing earnings?

ONON earnings are declining — EPS fell -18.3% year-over-year. TTM net income dropped to $252M. This contrasts with the 5-year CAGR of N/A.

What was ONON's best earnings year?

On Holding AG's highest annual net income on record is $242M, achieved in fiscal year 2024. Earnings history on this page spans 2019 to 2025 and includes all annual and quarterly figures.

What were ONON's earnings last quarter?

ONON's most recent reported quarter was Q1 2026. Net income was $106M with diluted EPS of $0.31. For a full breakdown of all quarters, see the quarterly earnings table on this page.

ONON Earnings Over Time (2019–2025)

Net income & EPS — annual and quarterly view