ON SEMICONDUCTOR CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $6.0B | $7.1B | $8.3B | $8.3B | $6.7B |
| Cost of revenue | $4.0B | $3.9B | $4.4B | $4.2B | $4.0B |
| Gross profit | $2.0B | $3.2B | $3.9B | $4.1B | $2.7B |
| Research and development | $583.6M | $612.7M | $577.3M | $600.2M | $655.0M |
| Operating expenses | $1.9B | $1.4B | $1.3B | $1.7B | $1.4B |
| Operating income | $84.2M | $1.8B | $2.5B | $2.4B | $1.3B |
| Interest expense | $70.9M | $62.3M | $74.8M | $94.9M | $130.4M |
| Pretax income | $131.3M | $1.8B | $2.5B | $2.4B | $1.2B |
| Income tax expense | $7.7M | $262.8M | $350.2M | $458.4M | $146.6M |
| Net income | $121.0M | $1.6B | $2.2B | $1.9B | $1.0B |
| Balance Sheet | |||||
| Cash and equivalents | $2.1B | $2.7B | $2.5B | $2.9B | $1.4B |
| Current assets | $5.8B | $6.8B | $5.9B | $5.7B | $3.8B |
| Total assets | $12.5B | $14.1B | $13.2B | $12.0B | $9.6B |
| Current liabilities | $1.3B | $1.3B | $2.2B | $2.1B | $1.5B |
| Total liabilities | $4.8B | $5.3B | $5.4B | $5.8B | $5.0B |
| Total debt | $3.0B | $3.4B | $3.4B | $3.2B | $3.3B |
| Stockholders' equity | $7.7B | $8.8B | $7.8B | $6.2B | $4.6B |
| Cash Flow Statement | |||||
| Cash from operations | $1.8B | $1.9B | $2.0B | $2.6B | $1.8B |
| Depreciation and amortization | $686.0M | $642.9M | $609.5M | $551.8M | $596.7M |
| Stock-based compensation | $144.3M | $136.1M | $121.1M | $100.8M | $101.3M |
| Capital expenditure | $341.2M | $694.0M | $1.5B | $1.0B | $444.6M |
| Free cash flow | $1.4B | $1.2B | $438.4M | $1.6B | $1.3B |
| Share repurchases | $1.4B | $654.1M | $564.2M | $259.8M | $0 |
| Impairments | $496.0M | $37.8M | $19.5M | $22.6M | $3.3M |
Shares outstanding 391.9M · Free float 97.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.