ON financials
ON Semiconductor Corporation · end-of-day data as of Oct 16, 2026
ON Semiconductor Corporation
$72.02-17.0%
Buy · 31 analystsPT $87.73 +21.8%
ON reported revenue of $1.6B for the quarter ended Jul 3, 2026 (Q2 FY2026), up 9.2% from a year earlier. It posted diluted EPS of $0.56, free cash flow of $425M and a net margin of 14.1%.
Valuation
- P/E46.2x
- P/E vs own-43.3%
- P/E vs sector+38.3%
- FCF yield+6.3%
- Market cap$28.04B
Quarterly results
Q2 FY2026: Revenue +9.2% year over year, free cash flow 26.5% of revenue, operating margin 16.1%.
RevenueFree cash flow
| Q2 FY2026 | Jul 3, 2026 | $1.6B | 0.56 | $425M | 38.4% | 16.1% | 14.1% |
| Q1 FY2026 | Apr 3, 2026 | $1.51B | -0.08 | $217M | 38.5% | -3.5% | -2.2% |
| Q4 FY2025 | Dec 31, 2025 | $1.53B | 0.45 | $485M | 34.9% | 16.5% | 11.9% |
| Q3 FY2025 | Oct 3, 2025 | $1.55B | 0.63 | $645M | 37.9% | 17.0% | 16.4% |
| Q2 FY2025 | Jul 4, 2025 | $1.47B | 0.41 | $106M | 37.6% | 13.2% | 11.6% |
| Q1 FY2025 | Apr 4, 2025 | $1.45B | -1.15 | $455M | 20.3% | -39.7% | -33.6% |
| Q4 FY2024 | Dec 31, 2024 | $1.72B | 0.88 | $435M | 45.2% | 23.7% | 22.1% |
| Q3 FY2024 | Sep 27, 2024 | $1.76B | 0.93 | $292M | 45.4% | 25.3% | 22.8% |
| Q2 FY2024 | Jun 28, 2024 | $1.74B | 0.78 | $221M | 45.2% | 22.4% | 19.5% |
| Q1 FY2024 | Mar 29, 2024 | $1.86B | 1.04 | $265M | 45.8% | 28.2% | 24.3% |
| Q4 FY2023 | Dec 31, 2023 | $2.02B | 1.28 | $457M | 46.7% | 30.3% | 27.9% |
| Q3 FY2023 | Sep 29, 2023 | $2.18B | 1.29 | $134M | 47.3% | 31.5% | 26.7% |