On Holding AG revenue

On Holding AG's revenue was $3.64bn in fiscal 2025, up 38.1% on the year before. Since fiscal 2019 ($269m) it has grown at a compound 54.4% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

On Holding AG: revenue history, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	269	453	793	1,281	1,996	2,633	3,638
Growth on the year before	—	+68.7%	+74.8%	+61.6%	+55.8%	+31.9%	+38.1%
Gross profit	144	246	471	718	1,189	1,597	2,286
Gross margin	53.6%	54.3%	59.4%	56.0%	59.6%	60.6%	62.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Footwear: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
On Holding AG	$3.64bn	38.1%	—
Crocs, Inc.	$4.10bn	0.7%	1.3%
Caleres Inc	$2.85bn	7.3%	-0.1%
Steven Madden, LTD.	$2.74bn	18.2%	12.3%
Deckers Brands	$5.58bn	6.3%	12.6%
Birkenstock Holding plc	$2.32bn	18.6%	—

Compare with peers

Head to head: CROX vs ONON CAL vs ONON ONON vs SHOO DECK vs ONON

More: Footwear stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from On Holding AG's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to On Holding AG.