ON
ON Semiconductor Corporation
NASDAQ: ON · TECHNOLOGY · SEMICONDUCTORS
$98.86
+5.96% today
Updated 2026-04-29
Market cap
$38.88B
P/E ratio
340.90
P/S ratio
6.49x
EPS (TTM)
$0.29
Dividend yield
—
52W range
$37 – $101
Volume
8.5M
ON Semiconductor Corporation (ON) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.53B | $1.57B | $2.05B | $1.77B | $2.31B | $3.44B | $2.89B | $2.78B | $3.16B | $3.50B | $3.91B | $5.54B | $5.88B | $5.52B | $5.25B | $6.74B | $8.33B | $8.25B | $7.08B | $6.00B |
| Revenue growth (YoY) | — | +2.2% | +31.2% | -13.9% | +30.8% | +48.8% | -15.9% | -3.9% | +13.6% | +10.6% | +11.8% | +41.9% | +6.0% | -6.1% | -4.8% | +28.3% | +23.5% | -0.9% | -14.2% | -15.3% |
| Cost of revenue | $942.80M | $975.70M | $1.31B | $1.15B | $1.36B | $2.43B | $1.95B | $1.85B | $2.08B | $2.30B | $2.61B | $3.51B | $3.64B | $3.54B | $3.54B | $4.03B | $4.25B | $4.37B | $3.87B | $4.06B |
| Gross profit | $589.00M | $590.50M | $781.80M | $620.70M | $956.00M | $1.01B | $946.30M | $929.10M | $1.08B | $1.19B | $1.30B | $2.04B | $2.24B | $1.97B | $1.72B | $2.71B | $4.08B | $3.88B | $3.22B | $1.94B |
| Gross margin | 38.5% | 37.7% | 38.0% | 35.1% | 41.3% | 29.3% | 32.7% | 33.4% | 34.3% | 34.1% | 33.3% | 36.7% | 38.1% | 35.8% | 32.7% | 40.3% | 49.0% | 47.1% | 45.4% | 32.3% |
| R&D | $101.20M | $133.00M | $233.90M | $198.80M | $248.00M | $362.50M | $367.50M | $334.20M | $366.60M | $396.70M | $446.80M | $594.70M | $650.70M | $640.90M | $642.90M | $655.00M | $600.20M | $577.30M | $612.70M | $583.60M |
| SG&A | $86.70M | $82.70M | $122.40M | $104.50M | $129.90M | $192.40M | $160.60M | $148.50M | $180.90M | $182.30M | $230.00M | $285.00M | $293.30M | $284.00M | $258.70M | $304.80M | $343.20M | $362.40M | $376.30M | $348.90M |
| Operating income | $310.10M | $280.20M | $231.90M | $167.50M | $400.80M | $216.10M | $192.90M | $242.10M | $269.00M | $274.20M | $282.20M | $715.50M | $858.30M | $632.50M | $348.70M | $1.29B | $2.36B | $2.54B | $1.77B | $747.60M |
| Operating margin | 20.2% | 17.9% | 11.3% | 9.5% | 17.3% | 6.3% | 6.7% | 8.7% | 8.5% | 7.8% | 7.2% | 12.9% | 14.6% | 11.5% | 6.6% | 19.1% | 28.3% | 30.8% | 25.0% | 12.5% |
| EBITDA | $394.30M | $382.90M | $-216.00M | $291.20M | $534.00M | $336.10M | $222.80M | $420.40M | $494.80M | $627.10M | $690.00M | $1.17B | $1.39B | $1.02B | $970.10M | $1.88B | $3.01B | $2.54B | $2.54B | $888.20M |
| EBITDA margin | 25.7% | 24.4% | -10.5% | 16.5% | 23.1% | 9.8% | 7.7% | 15.1% | 15.6% | 17.9% | 17.7% | 21.1% | 23.7% | 18.4% | 18.5% | 28.0% | 36.1% | 30.8% | 35.9% | 14.8% |
| EBIT | $310.10M | $290.10M | $-358.10M | $135.60M | $367.10M | $106.70M | $-20.80M | $208.60M | $226.00M | $269.50M | $325.90M | $688.70M | $883.20M | $424.90M | $345.00M | $1.29B | $2.46B | $2.54B | $1.90B | $202.20M |
| Interest expense | $51.80M | $38.80M | $79.90M | $64.60M | $61.40M | $68.90M | $56.10M | $38.60M | $34.10M | $49.70M | $145.30M | $141.20M | $128.20M | $148.30M | $168.40M | $130.40M | $94.90M | $74.80M | $62.30M | $70.90M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $272.10M | $242.20M | $-428.90M | $61.00M | $290.50M | $11.60M | $-97.20M | $150.40M | $189.70M | $206.20M | $182.10M | $810.70M | $627.40M | $211.70M | $234.20M | $1.01B | $1.90B | $2.18B | $1.57B | $121.00M |
| Net income growth (YoY) | — | -11.0% | -277.1% | +114.2% | +376.2% | -96.0% | -937.9% | +254.7% | +26.1% | +8.7% | -11.7% | +345.2% | -22.6% | -66.3% | +10.6% | +331.1% | +88.4% | +14.8% | -28.0% | -92.3% |
| Profit margin | 17.8% | 15.5% | -20.9% | 3.4% | 12.6% | 0.3% | -3.4% | 5.4% | 6.0% | 5.9% | 4.7% | 14.6% | 10.7% | 3.8% | 4.5% | 15.0% | 22.8% | 26.5% | 22.2% | 2.0% |