ON SEMICONDUCTOR CORP (ON) Form 8-K — Aug 3, 2026
ON Semiconductor reported Q2 2026 revenue of $1.604 billion, a 9% increase year-over-year, driven by strengthening demand particularly in AI-driven applications. GAAP diluted EPS was $0.56, while non-GAAP EPS reached $0.74, growing four times faster than revenue due to gross margin expansion and disciplined cost management. The company generated $425.4 million in free cash flow, quadrupling year-over-year, and repurchased $332 million worth of shares year-to-date. For Q3 2026, ON expects revenue between $1.65 billion and $1.75 billion with GAAP EPS of $0.79 to $0.91.
Key figures
- Eps
- 0.56
- Eps Beat
- 0
- Revenue
- 1603.5
- Guidance
- Revenue $1,650 to $1,750 million; GAAP EPS $0.79 to $0.91
- Net Income
- 226.8
- Debt Amount
- 0
- Revenue Yoy
- 9%
- Deal Value Usd
- 0
- Interest Rate
- 0
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 404.4
- Non Gaap Eps
- 0.74
- Free Cash Flow
- 425.4
- Gross Margin Gaap
- 38.4%
- Share Repurchases
- 344.8
- Operating Margin Gaap
- 16.1%
Price after filing
Close on the filing date to close N calendar days later (from $83.74). Historical, not a forecast.
AI analysis
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