Income StatementBalance SheetCash FlowSegments
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ON Semiconductor Income Statement

Revenue, expenses, and profitability over time

ON Semiconductor generated $6.1B in trailing twelve-month revenue, down 0.1% year-over-year. Net income was $573.7M with a 9.46% net margin. Gross margin stands at 37.49% and operating margin at 9.97%. Diluted EPS is $1.36, which declined 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$6.1BGross Profit (TTM)$2.3BOperating Income (TTM)$604.5MNet Income (TTM)$573.7MEps Diluted (TTM)$1.36
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$45.3B
P/E Ratio79.04
ROE7.48%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Restructuring and Asset Impairment Charges$30.9M$539.3M$49.2M$19.6M$58.8M$329.3M
Amortization expense$13.5M$11.4M$11.0M$11.2M$10.8M$10.5M
General and administrative$100.5M$84.4M$91.2M$87.3M$86.0M$89.4M
Selling and marketing$70.4M$68.3M$63.3M$62.8M$61.5M$63.0M
Total operating expenses$370.5M$867.5M$358.5M$322.8M$350.9M$636.5M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.89$-1.15$0.41$0.63$0.40$-0.08
Diluted earnings per share$0.88$-1.15$0.41$0.63$0.40$-0.08
Weighted-average shares, basic—421.3M414.6M406.9M—394.1M
Weighted-average shares, diluted—421.3M414.9M408M—394.1M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$779.1M$293.8M$551.9M$587.2M$551.0M$583.1M
Operating income$408.6M-$573.7M$193.4M$264.4M$200.1M-$53.4M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Charges$21.4M$4.1M$1.5M$3.6M$13.7M$3.8M
Interest expense$15.3M$18.0M$17.9M$17.7M$17.3M$12.7M
Interest income$27.8M$26.6M$25.2M$22.7M$20.6M$17.7M
Other income (expense), net$33.9M$12.7M$8.8M$8.6M$17.0M$8.8M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$62.7M-$75.8M$30.5M$17.7M$35.3M-$11.7M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$379.9M-$486.1M$170.3M$255.0M$181.8M-$33.4M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$366.6M-$480.2M$176.4M$251.0M$180.7M-$39.6M
Unrealized gains (losses) on hedge instruments-$10.6M$4.5M$4.7M-$3.1M$400.0K-$5.9M
Foreign currency translation gains (losses)-$2.7M$1.4M$1.4M-$900.0K—-$300.0K
Other comprehensive income (loss)-$13.3M$5.9M$6.1M-$4.0M—-$6.2M
Research and development expense$155.2M$164.1M$143.8M$141.9M$133.8M$144.3M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$943.4M$1.2B$916.8M$963.7M$979.1M$930.2M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.7B$1.4B$1.5B$1.6B$1.5B$1.5B