ON Semiconductor Corporation
ON Semiconductor Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, down 15.3% from fiscal 2024.
- Revenue
- +11.1%
- EPS
- +28.2%
- Free cash flow
- +33.5%
- Total debt
- +32.8%
Quarter to September 2026, against a year earlier
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ON Semiconductor Corporation 8-K filed Nov 2, 2026
1.01 Entry into a material definitive agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
What it says
On November 2, 2026, onsemi’s subsidiary agreed to acquire Ferric, Inc. for $600.0 million in cash, subject to purchase price adjustments, plus up to $175.0 million in cash tied to revenue milestones. onsemi expects the merger to close in the fourth quarter of 2026.
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Closing is subject to customary conditions, including antitrust clearance.
the Merger is subject to the satisfaction or waiver of customary closing conditions, including the expiration or early termination of the applicable waiting period under the Hart-Scott-Rondino Antitrust Improvements Act of 1976, as amended.
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onsemi plans to fund the transaction with cash on hand; approximately 50 Ferric employees are expected to join.
The transaction will be funded with cash on hand. Approximately 50 Ferric employees, primarily located in New York and Silicon Valley, are expected to join onsemi.
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onsemi raised its 2030 AI data center revenue target.
Raises onsemi’s 2030 AI data center revenue target by $500 million to greater than $3 billion, with acceleration thereafter
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onsemi does not expect a meaningful near-term financial impact.
onsemi expects no meaningful near-term financial impact from this transaction.