ON SemiconductorONEarnings & Financial Report
Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...
Revenue
$1.7B
Gross Profit
$784.0M
Operating Profit
$388.5M
Net Profit
$338.2M
Gross Margin
45.2%
Operating Margin
22.4%
Net Margin
19.5%
YoY Growth
-17.2%
EPS
$0.78
ON Semiconductor Q2 FY2024 Financial Summary
ON Semiconductor reported revenue of $1.7B (down 17.2% YoY) for Q2 FY2024, with a net profit of $338.2M (down 41.3% YoY) (19.5% margin). Cost of goods sold was $951.2M, operating expenses totaled $395.5M.
Key Financial Metrics
| Total Revenue | $1.7B |
|---|---|
| Net Profit | $338.2M |
| Gross Margin | 45.2% |
| Operating Margin | 22.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
ON Semiconductor Q2 FY2024 revenue of $1.7B breaks down across 5 segments, led by Industrial Segment at $468.0M (27.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Industrial Segment | $468.0M | 27.0% |
| Other End Markets Segment | $360.3M | 20.8% |
| Direct Customers | $320.0M | 18.4% |
| Intelligent Sensing Segments | $310.8M | 17.9% |
| Intelligent Sensing Group | $252.2M | 14.5% |
ON Semiconductor Revenue by Segment — Quarterly Trend
ON Semiconductor revenue by segment across the last 4 reported quarters, showing how each business line (such as Industrial Segment and Other End Markets Segment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Industrial Segment | — | $426.3M | — | — |
| Other End Markets Segment | — | $337.3M | — | $283.8M |
| Direct Customers | — | $282.4M | $259.3M | $309.5M |
| Intelligent Sensing Segments | — | $284.0M | $275.9M | $299.9M |
| Intelligent Sensing Group | — | $230.0M | $214.6M | — |
ON Semiconductor Annual Revenue by Year
ON Semiconductor annual revenue history includes year-by-year totals (for example, 2024 revenue was $7.1B).
| Year | Annual Revenue |
|---|---|
| 2024 | $7.1B |
| 2023 | $8.3B |
ON Semiconductor Quarterly Revenue & Net Profit History
ON Semiconductor results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.5B | +4.7% | $181.8M | 12.0% |
| Q3 FY2025 | $1.6B | -10.0% | $255.0M | 16.4% |
| Q2 FY2025 | $1.5B | -16.6% | $170.3M | 11.6% |
| Q1 FY2025 | $1.4B | -16.7% | $-486.1M | -33.6% |
| Q4 FY2024 | $1.7B | -14.6% | $379.9M | 22.1% |
| Q3 FY2024 | $1.8B | -19.2% | $401.7M | 22.8% |
| Q2 FY2024 | $1.7B | -17.2% | $338.2M | 19.5% |
| Q1 FY2024 | $1.9B | -4.9% | $453.0M | 24.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.74B | $1.76B | $1.72B | $1.45B | $1.47B | $1.55B | $1.51B |
| YoY Growth | -4.9% | -17.2% | -19.2% | -14.6% | -16.7% | -16.6% | -10.0% | 4.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $13.48B | $13.66B | $13.92B | $14.09B | $13.25B | $13.13B | $13.01B | $12.01B |
| Liabilities | $5.34B | $5.30B | $5.32B | $5.28B | $5.21B | $5.17B | $5.08B | $4.69B |
| Equity | $8.12B | $8.34B | $8.58B | $8.80B | $8.03B | $7.94B | $7.91B | $7.32B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $498.7M | $362.2M | $465.8M | $579.7M | $602.3M | $184.3M | $418.7M | $239.1M |