Common Stock, par value $0.01 per share
- Symbol
- ON
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
ONNASDAQEQUITYCurrent
Item 2.02. Results of Operation and Financial Condition. On November 2, 2026, ON Semiconductor Corporation announced in a news release its financial performance for the third quarter ended October 2, 2026 and other related material information (the “Earnings Release”). A copy of the Earnings Release is attached hereto as Exhibit 99.1 and incorporated herein by reference.…
Press release in this filing
onsemi Reports Third Quarter 2026 Results →ON Semiconductor Corporation · 8-K · Filed 2026-11-02
Exhibit 99.1 onsemi Reports Third Quarter 2026 Results Earnings growth outpaces revenue growth by 4x year-over-year SCOTTSDALE, Ariz., - November 2, 2026 - onsemi (the “Company”) (Nasdaq: ON) today announced its third quarter 2026 results with the following highlights: Revenue of $1,722 million, increased 11% year-over-year GAAP gross margin of 41.4% and non-GAAP gross margin of 41.2% GAAP operating margin of 22.0% and non-GAAP operating margin 23.2% GAAP diluted earnings per share of $0.79 and non-GAAP diluted earnings per share $0.90 Cash from operations increased by 23% year-over-year to $516 million Free cash flow of $489 million, grew 31% year-over-year to 28% of revenue “Increasing power requirements are driving accelerated demand in our AI data center and industrial end markets, as customers adopt and ramp our differentiated products,” said Hassane El-Khoury, President and CEO of onsemi. “Our third quarter revenue, gross margin and earnings per share exceeded the midpoint of our guidance, while AI data center revenue grew 39% sequentially and 175% year-over-year.” “Gross margin expanded for the fifth consecutive quarter, increasing 190 basis points seq…
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