On Reports First Quarter 2026 Results
On delivered record first-quarter net sales of CHF 831.9 million, up 14.5% year-over-year, or 26.4% on a constant currency basis. This marks the first time On has exceeded CHF 800 million in quarterly net sales. The Asia-Pacific region grew 44.4% year-over-year, or 61.4% on a constant currency basis, representing more than 20% of global net sales. This growth was driven by strong momentum in China and South Korea.
Key figures
- Eps
- 0.31
- Revenue
- 831900000
- Guidance
- Net sales to grow by at least 23% year-over-year on a constant currency basis; gross profit margin to reach at least 64.5%; adjusted EBITDA margin to be in the range of 19.5% to 20.0%
- Revenue Yoy
- 14.5%
- Net income
- 103300000
- Gross profit
- 534300000
- Adjusted ebitda
- 174300000
- Net income margin
- 12.4%
- Adjusted basic eps
- 0.37
- Adjusted net income
- 123600000
- Gross profit margin
- 64.2%
- Net working capital
- 650800000
- Adjusted diluted eps
- 0.37
- Adjusted ebitda margin
- 21.0%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.