ON Semiconductor Corp (ON) Financials
Key financial figures for ON Semiconductor Corp (Q3 2026).
onsemi Q3 2026 revenue of $1,722.3M (+11% YoY) and non-GAAP EPS of $0.90 (vs $0.63) landed above the midpoint of its own guidance, with non-GAAP gross margin up 190 bps sequentially to 41.2%. Revenue was $1,722.3M, up 11% from $1,550.9M a year ago and 7% from $1,603.5M in Q2. Against the company's own Q3 outlook of $1,650M to $1,750M it landed above the $1,700M midpoint (calculated). The FMP calendar consensus for revenue was about $1.705B, so revenue was roughly $17M above it (revenue is identical on GAAP and non-GAAP bases). GAAP diluted EPS was $0.79 (vs $0.63 a year ago) and non-GAAP diluted EPS was $0.90 (vs $0.63). On the outlook: Q4 2026 outlook per the release: revenue $1,715M to $1,815M; GAAP gross margin 41.4% to 43.4% (non-GAAP 41.5% to 43.5%); GAAP operating expenses $331M to $346M (non-GAAP $303M to $318M); GAAP diluted EPS $0.88 to $1.00 (non-GAAP $0.95 to $1.07); GAAP diluted shares about 397M (non-GAAP about 392M). The prior Q3 outlook was revenue $1,650M to $1,750M and non-GAAP EPS $0.81 to $0.93. Figures are for Q3 2026, as ON Semiconductor Corporation reported them.
- Revenue
- $1.7B
- Net Income
- $314M
- EPS
- $0.81
- Total Assets
- $13.9B
- Operating Cash Flow
- $516M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.7B | $314M | $0.79 | 21.96% | $489M |
| Q2 FY2026 | $1.6B | $227M | $0.56 | 16.13% | $425M |
| Q1 FY2026 | $1.5B | -$33M | -$0.08 | -3.53% | $217M |
| Q4 FY2025 | $1.5B | $182M | $0.45 | 16.53% | $485M |
| Q3 FY2025 | $1.6B | $255M | $0.63 | 17.05% |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $6.0B | $121M | $0.29 | 1.4% | $1.4B |
| FY2024 | $7.1B | $1.6B | $3.63 | 24.96% | $1.2B |
| FY2023 | $8.3B | $2.2B | $4.89 | 30.76% | $438M |
Frequently asked questions
What was ON Semiconductor Corporation's revenue last quarter?
ON Semiconductor Corporation reported revenue of $1.72 billion for Q3 FY2026, up 11.1% from the same period a year earlier.
Is ON Semiconductor Corporation profitable?
Yes. ON Semiconductor Corporation reported net income of $313.9 million for Q3 FY2026, a net margin of 18.23% on revenue.
How has ON Semiconductor Corporation's margin trended?
Operating margin was 21.96% in Q3 FY2026, compared with 17.05% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did ON Semiconductor Corporation generate?
ON Semiconductor Corporation generated free cash flow of $488.6 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for ON Semiconductor Corp on SentiSense, with up to forty quarters and twenty fiscal years of history.