ON Semiconductor Corporation (ON) — Financial statements
Income statement, balance sheet, and cash flow for ON Semiconductor Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,995↓15.3% | 7,082↓14.2% | 8,253↓0.9% | 8,326↑23.5% | 6,740 | |
| Cost of Revenue | 4,059↑5.0% | 3,866↓11.5% | 4,370↑2.8% | 4,249↑5.6% | 4,026 | |
| Gross Profit | 1,936↓39.8% | 3,216↓17.2% | 3,884↓4.8% | 4,077↑50.2% | 2,714 | |
| Operating Expenses | ||||||
| R&D Expenses | 584↓4.7% | 613↑6.1% | 577↓3.8% | 600↓8.4% | 655 | |
| General & Administrative Expenses | 349↓7.3% | 376↑3.8% | 362↑5.6% | 343↑12.6% | 305 | |
| Selling & Marketing Expenses | 256↓6.4% | 274↓2.0% | 279↓3.1% | 288↓1.9% | 294 | |
| SG&A Expenses | 605↓6.9% | 650↑1.3% | 642↑1.6% | 631↑5.5% | 598 | |
| Other Expenses | 0.00↓100.0% | 186↑47.5% | 126↓74.1% | 486↑180.4% | 173 | |
| Operating Expenses | 1,188↓18.0% | 1,448↑7.7% | 1,345↓21.7% | 1,717↑20.4% | 1,427 | |
| Total Costs & Expenses | 5,248↓1.3% | 5,315↓7.0% | 5,714↓4.2% | 5,966↑9.4% | 5,452 | |
| Operating Results | ||||||
| Operating Income | 748↓57.7% | 1,768↓30.4% | 2,539↑7.6% | 2,360↑83.3% | 1,288 | |
| Depreciation & Amortization | 686↑6.7% | 643↑5.5% | 610↑10.5% | 552↓7.5% | 597 | |
| EBITDA | 888↓65.1% | 2,543↓21.0% | 3,220↑7.0% | 3,009↑59.6% | 1,885 | |
| EBIT | 202↓89.4% | 1,900↓27.2% | 2,611↑6.2% | 2,457↑90.7% | 1,288 | |
| Interest & Other Income | ||||||
| Net Interest Income | 24↓50.7% | 49↑168.3% | 18↑123.0% | -79↑38.4% | -129 | |
| Interest Income | 95↓14.6% | 111↑19.7% | 93↑500.6% | 16↑1007.1% | 1 | |
| Interest Expense | 71↑13.8% | 62↓16.7% | 75↓21.2% | 95↓27.2% | 130 | |
| Non-Operating Income | 545↑513.2% | -132↓83.6% | -72↑26.0% | -97↓16083.3% | -0.60 | |
| Other Income / Expenses | -616↓984.2% | 70↑2503.4% | -3↓231.8% | 2↑101.7% | -130 | |
| Income Before Tax | 131↓92.9% | 1,837↓27.5% | 2,536↑7.3% | 2,362↑104.0% | 1,158 | |
| Income Tax Expense | 8↓97.1% | 263↓25.0% | 350↓23.6% | 458↑212.7% | 147 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 124↓92.2% | 1,575↓28.0% | 2,186↑14.8% | 1,904↑88.3% | 1,011 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 121↓92.3% | 1,573↓28.0% | 2,184↑14.8% | 1,902↑88.4% | 1,010 | |
| Bottom-Line Net Income | 121↓92.3% | 1,573↓28.0% | 2,185↑14.7% | 1,904↑88.6% | 1,010 | |
| EPS (Basic) | 0.29↓92.1% | 3.68↓27.4% | 5.07↑15.5% | 4.39↑85.2% | 2.37 | |
| EPS (Diluted) | 0.29↓92.0% | 3.63↓25.8% | 4.89↑15.1% | 4.25↑87.2% | 2.27 | |
| Weighted Average Shares | 411↓3.8% | 427↓0.8% | 431↓0.6% | 433↑1.8% | 426 | |
| Weighted Average Diluted Shares | 412↓4.8% | 433↓3.2% | 447↓0.3% | 448↑1.0% | 444 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.