NASDAQ:ON
On Semiconductor Corp.
On Semiconductor Corp.'s revenue fell 15.3% in fiscal 2025 to $6.0B while operating margin fell to 1.4%, its lowest in 10 years. Free cash flow was $1.4B, 23.7% of revenue, and the diluted share count fell 4.8%.Summary generated from On Semiconductor Corp.'s SEC filings. Latest annual report filed Feb 9, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$6.0B
Revenue growth−15.3%
Revenue, 5-yr CAGR+2.7%
Gross margin33.1%
Operating margin1.4%
Net margin2.0%
ROIC0.9%
Return on equity1.5%
Debt / equity0.39
Free cash flow$1.4B
FCF margin23.7%
Share count change−4.8%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 6,740 | 8,326 | 8,253 | 7,082 | 5,995 |
| Operating income | 1,288 | 2,360 | 2,539 | 1,768 | 84 |
| Net income | 1,010 | 1,902 | 2,184 | 1,573 | 121 |
| Free cash flow | 1,337 | 1,597 | 438 | 1,212 | 1,419 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Oct 2, 2026 - 8-KEntry into a material agreement
Oct 1, 2026 - 8-KOther events
Aug 13, 2026 - 10-QQuarterly report for the period ended Jul 3, 2026
Aug 3, 2026 - 8-KResults of operations and financial condition
Aug 3, 2026 - 8-KEntry into a material agreement
Jun 25, 2026 - 8-KDirector or officer change
May 18, 2026