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. In the quarter to June 2026, revenue grew 9.18%, EPS grew 41.5%, free cash flow grew 284.6% and total debt rose 32.8%, each against the same quarter a year earlier. Member of the S&P 500.
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ON Semiconductor Corporation (ON) Gross margin
ON Semiconductor Corporation's gross margin over the twelve months to 30 June 2026 was 37.7%, up 4.6 percentage points from fiscal 2025 (33.1%). Over the past ten years it has ranged from 32.7% (fiscal 2020) to 49.0% (fiscal 2022); the current reading is higher than 18% of that period. That is below the Semiconductors industry median of 52.3% and below the Technology sector median of 47.2%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 33.1% | (12.32) |
| FY2024 | 45.4% | (1.65) |
| FY2023 | 47.1% | (1.91) |
| FY2022 | 49.0% | 8.70 |
| FY2021 | 40.3% | 7.62 |
| FY2020 | 32.7% | (3.12) |
| FY2019 | 35.8% | (2.31) |
| FY2018 | 38.1% | 1.36 |
| FY2017 | 36.7% | 3.43 |
| FY2016 | 33.3% | (0.84) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 38.4% | (0.10) |
| Mar 2026 | 38.5% | 2.52 |
| Dec 2025 | 36.0% | (1.85) |
| Sep 2025 | 37.9% | 0.28 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ALAB Astera Labs, Inc. compare | 75.1% |
| CRDO Credo Technology Group Holding Ltd. compare | 67.1% |
| MCHP Microchip Technology Incorporated compare | 60.2% |
| MTSI MACOM Technology Solutions Holdings, Inc. compare | 56.5% |
| SWKS Skyworks Solutions, Inc. compare | 40.7% |
| ON ON Semiconductor Corporation | 37.7% |
| STM STMicroelectronics N.V. compare | 34.3% |
| GFS GlobalFoundries Inc. compare | 27.1% |
| TSEM Tower Semiconductor Ltd. compare | 26.9% |
| Semiconductors industry median | 52.3% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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