Friday 6 November 2026 Export ON’s income statement to Excel — free account

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

S&P 500

62.84 0.17 −0.27%

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Market cap: $24.5B
P/E: 36.6×
Fwd P/E: 32.9×
Dividend yield: —
F-score: 5/9
Altman Z: 4.62
Beneish M: −3.05
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

ON Semiconductor Corporation (ON) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
PSG	2,805	46.79%
AMG	2,262	37.73%
ISG	928	15.49%
Gross margin		33.09%
Operating margin		1.40%
Pre-tax margin		2.19%

Revenue by product or service $m

Line	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Product	7,988 96.79%	8,166 98.08%	6,578 97.60%	5,228 99.48%	5,492 99.53%	5,849 99.50%
Manufacturing Services	248 3.01%	140 1.68%	142 2.10%	—	—	—
Product Development Agreements	17 0.20%	20 0.24%	20 0.30%	27 0.52%	26 0.47%	29 0.50%
Revenue	8,253	8,326	6,740	5,255	5,518	5,878

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2012	FY2011	FY2010	FY2009
PSG	2,805 46.79%	3,348 47.28%	3,880 47.02%	3,467 41.64%	3,439 51.03%	2,606 49.59%	2,788 50.53%	3,038 51.69%	2,819 50.86%	1,709 43.73%	1,410 40.33%	1,424 45.02%	—	—	—	—
AMG	2,262 37.73%	2,609 36.84%	3,057 37.04%	3,582 43.03%	—	—	—	—	—	—	—	—	—	—	—	—
ISG	928 15.49%	1,125 15.88%	1,316 15.94%	1,277 15.33%	901 13.37%	739 14.05%	757 13.72%	769 13.08%	773 13.94%	717 18.35%	747 21.38%	323 10.20%	1,105 38.16%	1,237 35.92%	1,260 54.47%	672 38.00%
Analog Solutions Group	—	—	—	—	2,400 35.61%	1,910 36.35%	1,972 35.74%	2,071 35.23%	1,951 35.20%	1,482 37.92%	1,339 38.29%	1,416 44.78%	—	—	—	—
Automotive Industrial Medical And Mil Aero	—	—	—	—	—	—	—	—	—	—	—	—	970 33.49%	1,146 33.28%	1,053 45.53%	624 35.26%
System Solutions Group	—	—	—	—	—	—	—	—	—	—	—	—	771 26.63%	1,060 30.80%	0 0.00%	—
Computing And Consumer Group	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	473 26.74%
Other, not broken out	—	—	—	—	—	—	—	—	—	—	—	—	50 1.71%	—	—	—
Reportable Segment [Member] (Deprecated 2013-01-31)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,313	—
Revenue	5,995	7,082	8,253	8,326	6,740	5,255	5,518	5,878	5,543	3,907	3,496	3,162	2,895	3,442	2,313	1,769

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2012	FY2011	FY2010	FY2009
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
HONG KONG	1,635 27.27%	1,779 25.12%	2,169 26.28%	2,316 27.81%	1,829 27.13%	1,312 24.96%	1,417 25.69%	1,489 25.33%	1,785 32.20%	1,087 27.82%	874 25.01%	975 30.85%	862 30.99%	874 30.20%	1,054 30.61%	762 32.96%	565 31.96%
United Kingdom	1,347 22.47%	1,638 23.13%	1,753 21.25%	1,492 17.92%	1,124 16.67%	806 15.34%	922 16.70%	947 16.10%	669 12.07%	541 13.85%	503 14.39%	498 15.75%	400 14.38%	388 13.41%	425 12.34%	373 16.12%	258 14.60%
Singapore	1,252 20.89%	1,733 24.47%	1,939 23.49%	2,134 25.63%	2,098 31.13%	1,800 34.24%	1,713 31.05%	1,955 33.26%	1,467 26.46%	1,110 28.42%	1,121 32.06%	787 24.88%	701 25.18%	628 21.68%	683 19.85%	541 23.38%	387 21.89%
United States	1,231 20.53%	1,308 18.46%	1,574 19.07%	1,465 17.59%	932 13.82%	729 13.86%	810 14.68%	863 14.68%	749 13.51%	588 15.06%	544 15.57%	497 15.72%	415 14.93%	452 15.61%	524 15.22%	483 20.89%	374 21.15%
Other	531 8.85%	625 8.82%	819 9.92%	920 11.04%	758 11.25%	609 11.60%	656 11.88%	625 10.63%	—	—	—	—	—	—	—	—	—
Other Asia And Pacific	—	—	—	—	—	—	—	—	445 8.02%	246 6.29%	172 4.91%	112 3.54%	114 4.09%	152 5.23%	262 7.60%	82 3.52%	97 5.49%
Japan	—	—	—	—	—	—	—	—	429 7.74%	335 8.56%	282 8.06%	293 9.27%	290 10.43%	401 13.86%	495 14.37%	60 2.57%	52 2.92%
Other Americas	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	12 0.53%	5 0.31%
Belgium	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1 0.03%	30 1.67%
Revenue	5,995	7,082	8,253	8,326	6,740	5,255	5,518	5,878	5,543	3,907	3,496	3,162	2,783	2,895	3,442	2,313	1,769

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q3 FY2026	$5.5B	$8.1B	−32.10%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.