ON Semiconductor Corp income statement
In fiscal 2025, ON Semiconductor Corp reported revenue of $6.00bn, down 15.3% on the year before, operating income of $84.2m (a 1.4% margin) and net income of $121m, or $0.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMOct 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,769 | 2,313 | 3,442 | 2,895 | 2,783 | 3,162 | 3,496 | 3,907 | 5,543 | 5,878 | 5,518 | 5,255 | 6,740 | 8,326 | 8,253 | 7,082 | 5,995 | 6,369 |
| Cost of revenue | 1,148 | 1,357 | 2,434 | 1,949 | 1,854 | 2,077 | 2,303 | 2,606 | 3,508 | 3,640 | 3,544 | 3,539 | 4,026 | 4,249 | 4,370 | 3,866 | 4,012 | 3,906 |
| Gross profit | 621 | 956 | 1,009 | 946 | 929 | 1,085 | 1,193 | 1,301 | 2,036 | 2,239 | 1,974 | 1,716 | 2,714 | 4,077 | 3,884 | 3,216 | 1,984 | 2,463 |
| Research and development | 199 | 248 | 363 | 368 | 334 | 367 | 397 | 447 | 595 | 651 | 641 | 643 | 655 | 600 | 577 | 613 | 584 | 564 |
| Selling and marketing | 121 | 146 | 195 | 181 | 171 | 200 | 204 | 237 | 317 | 325 | 301 | 279 | 294 | 288 | 279 | 274 | 256 | 255 |
| General and administrative | 105 | 130 | 192 | 161 | 149 | 181 | 182 | 230 | 285 | 293 | 284 | 259 | 305 | 343 | 362 | 376 | 349 | 385 |
| Operating income | 143 | 374 | 113 | −20 | 209 | 229 | 261 | 247 | 682 | 847 | 433 | 349 | 1,288 | 2,360 | 2,539 | 1,768 | 84 | 784 |
| Interest expense | 65 | 61 | 69 | 56 | 39 | 34 | 50 | 145 | 141 | 128 | 148 | 168 | 130 | 95 | 75 | 62 | 71 | 58 |
| Income before tax | 71 | 306 | 38 | −77 | 170 | 192 | 220 | 181 | 548 | 755 | 277 | 177 | 1,158 | 2,362 | 2,536 | 1,837 | 131 | — |
| Income tax | 8 | 13 | 23 | 16 | 16 | −0 | 11 | −4 | −266 | 125 | 63 | −60 | 147 | 458 | 350 | 263 | 8 | 152 |
| Net income | 61 | 291 | 12 | −97 | 150 | 190 | 206 | 182 | 811 | 627 | 212 | 234 | 1,010 | 1,902 | 2,184 | 1,573 | 121 | 689 |
| Diluted EPS | $0.14 | $0.65 | $0.03 | −$0.21 | $0.33 | $0.43 | $0.48 | $0.43 | $1.89 | $1.44 | $0.51 | $0.56 | $2.27 | $4.25 | $4.89 | $3.63 | $0.29 | $1.72 |
| Diluted shares (average) | 432m | 444m | 457m | 453m | 451m | 444m | 428m | 420m | 428m | 436m | 416m | 419m | 444m | 448m | 447m | 433m | 412m | 400m |
| EBITDA | 298 | 541 | 343 | 223 | 421 | 498 | 619 | 611 | 1,164 | 1,356 | 1,026 | 974 | 1,884 | 2,912 | 3,148 | 2,411 | 770 | 1,562 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Apr 2025 | 2025 Q2Jul 2025 | 2025 Q3Oct 2025 | 2025 Q4Dec 2025 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 | 2026 Q3Oct 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,723 | 1,446 | 1,469 | 1,551 | 1,530 | 1,513 | 1,604 | 1,722 |
| Cost of revenue | 943 | 1,152 | 917 | 964 | 979 | 930 | 987 | 1,009 |
| Gross profit | 779 | 294 | 552 | 587 | 551 | 583 | 616 | 713 |
| Research and development | 155 | 164 | 144 | 142 | 134 | 144 | 141 | 145 |
| Selling and marketing | 70 | 68 | 63 | 63 | 62 | 63 | 63 | 67 |
| General and administrative | 101 | 84 | 91 | 87 | 86 | 89 | 102 | 108 |
| Operating income | 409 | −574 | 193 | 264 | 200 | −53 | 259 | 378 |
| Interest expense | 15 | 18 | 18 | 18 | 17 | 13 | 14 | 14 |
| Income tax | 63 | −76 | 31 | 18 | 35 | −12 | 43 | 85 |
| Net income | 380 | −486 | 170 | 255 | 182 | −33 | 227 | 314 |
| Diluted EPS | $0.88 | −$1.15 | $0.41 | $0.63 | $0.44 | −$0.08 | $0.56 | $0.79 |
| EBITDA | 575 | −406 | 350 | 411 | 415 | 233 | 400 | 513 |
Compare with peers
- Globalfoundries Inc. income statement
- Canadian Solar Inc. income statement
- Amkor Technology, Inc. income statement
- United Microelectronics Corp income statement
- Microchip Technology Inc income statement
Head to head: GFS vs ONCSIQ vs ONAMKR vs ON
More: Semiconductors stocks compared, Technology sector, rankings of US companies