Operating Income

Gross Profit

ON Semiconductor Gross Profit increased by 5.8% to $583.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 98.5%, from $293.80M to $583.10M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows a downward trend with a -7.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$640.10M$720.80M$832.20M$961.30M$1.04B$1.06B$1.02B$917.50M$993.40M$1.03B$941.90M$853.60M$784.00M$799.40M$779.10M$293.80M$551.90M$587.20M$551.00M$583.10M
QoQ Change+12.6%+15.5%+15.5%+7.9%+2.0%-3.6%-10.1%+8.3%+3.8%-8.6%-9.4%-8.2%+2.0%-2.5%-62.3%+87.8%+6.4%-6.2%+5.8%
YoY Change+62.0%+46.8%+22.6%-4.6%-4.2%-2.6%-7.7%-7.0%-21.1%-22.4%-17.3%-65.6%-29.6%-26.5%-29.3%+98.5%
Range$293.80M$1.06B
CAGR-1.9%
Avg YoY Growth-0.5%
Median YoY Growth-7.3%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AMG$321.90M$325.30M$320.30M$300.90M$281.80M$296.10M$277.70M$289.60M
PSG$348.80M$344.90M$325.30M$123.20M$180.80M$210.20M$173.30M$200.40M
ISG$113.30M$129.20M$133.50M-$130.30M$89.30M$80.90M$100.00M$93.10M
Total$784.00M$799.40M$779.10M$293.80M$551.90M$587.20M$551.00M$583.10M

ASG was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is ON Semiconductor's gross profit?
ON Semiconductor (ON) reported gross profit of $583.10M in Q1 2026.
How has ON Semiconductor's gross profit changed year-over-year?
ON Semiconductor's gross profit increased by 98.5% year-over-year, from $293.80M to $583.10M.
What is the long-term trend for ON Semiconductor's gross profit?
Over 4 years (2021 to 2025), ON Semiconductor's gross profit has grown at a -7.5% compound annual growth rate (CAGR), from $2.71B to $1.98B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.