vs
Side-by-side financial comparison of Magnera Corp (MAGN) and ON Semiconductor (ON). Click either name above to swap in a different company.
ON Semiconductor is the larger business by last-quarter revenue ($1.6B vs $792.0M, roughly 2.0× Magnera Corp). ON Semiconductor runs the higher net margin — 16.4% vs -4.3%, a 20.7% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -10.0%). ON Semiconductor produced more free cash flow last quarter ($372.4M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs -12.3%).
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...
MAGN vs ON — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $1.6B |
| Net Profit | $-34.0M | $255.0M |
| Gross Margin | 12.2% | 37.9% |
| Operating Margin | 1.8% | 17.0% |
| Net Margin | -4.3% | 16.4% |
| Revenue YoY | 12.8% | -10.0% |
| Net Profit YoY | 43.3% | -32.9% |
| EPS (diluted) | $-0.95 | $0.63 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $792.0M | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $839.0M | $1.4B | ||
| Q1 25 | $824.0M | — | ||
| Q4 24 | $702.0M | $1.7B | ||
| Q3 24 | $332.1M | $1.8B | ||
| Q2 24 | $556.0M | $1.7B | ||
| Q1 24 | $558.0M | $1.9B |
| Q4 25 | $-34.0M | $255.0M | ||
| Q3 25 | — | $170.3M | ||
| Q2 25 | $-18.0M | $-486.1M | ||
| Q1 25 | $-41.0M | — | ||
| Q4 24 | $-60.0M | $379.9M | ||
| Q3 24 | $-15.2M | $401.7M | ||
| Q2 24 | $19.0M | $338.2M | ||
| Q1 24 | $14.0M | $453.0M |
| Q4 25 | 12.2% | 37.9% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | 10.7% | 20.3% | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | 45.2% | ||
| Q3 24 | 10.7% | 45.4% | ||
| Q2 24 | 6.6% | 45.2% | ||
| Q1 24 | 6.2% | 45.8% |
| Q4 25 | 1.8% | 17.0% | ||
| Q3 25 | — | 13.2% | ||
| Q2 25 | 1.5% | -39.7% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | -3.1% | 23.7% | ||
| Q3 24 | 0.9% | 25.3% | ||
| Q2 24 | 3.1% | 22.4% | ||
| Q1 24 | 3.8% | 28.2% |
| Q4 25 | -4.3% | 16.4% | ||
| Q3 25 | — | 11.6% | ||
| Q2 25 | -2.1% | -33.6% | ||
| Q1 25 | -5.0% | — | ||
| Q4 24 | -8.5% | 22.1% | ||
| Q3 24 | -4.6% | 22.8% | ||
| Q2 24 | 3.4% | 19.5% | ||
| Q1 24 | 2.5% | 24.3% |
| Q4 25 | $-0.95 | $0.63 | ||
| Q3 25 | — | $0.41 | ||
| Q2 25 | $-0.51 | $-1.15 | ||
| Q1 25 | $-1.15 | — | ||
| Q4 24 | $-1.69 | $0.88 | ||
| Q3 24 | $-0.33 | $0.93 | ||
| Q2 24 | $0.60 | $0.78 | ||
| Q1 24 | $0.44 | $1.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $264.0M | $2.9B |
| Total DebtLower is stronger | $1.9B | $3.4B |
| Stockholders' EquityBook value | $1.0B | $7.9B |
| Total Assets | $3.9B | $13.0B |
| Debt / EquityLower = less leverage | 1.86× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $2.9B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | $276.0M | $3.0B | ||
| Q1 25 | $282.0M | — | ||
| Q4 24 | $215.0M | $3.0B | ||
| Q3 24 | $230.0M | $2.8B | ||
| Q2 24 | $33.9M | $2.7B | ||
| Q1 24 | $30.2M | $2.6B |
| Q4 25 | $1.9B | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $2.0B | $3.4B | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $3.4B | ||
| Q3 24 | $2.0B | $3.4B | ||
| Q2 24 | $877.4M | $3.4B | ||
| Q1 24 | $884.7M | $3.4B |
| Q4 25 | $1.0B | $7.9B | ||
| Q3 25 | — | $7.9B | ||
| Q2 25 | $1.1B | $8.0B | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $8.8B | ||
| Q3 24 | $2.1B | $8.6B | ||
| Q2 24 | $2.4B | $8.3B | ||
| Q1 24 | $2.4B | $8.1B |
| Q4 25 | $3.9B | $13.0B | ||
| Q3 25 | — | $13.1B | ||
| Q2 25 | $4.1B | $13.3B | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.0B | $14.1B | ||
| Q3 24 | $2.8B | $13.9B | ||
| Q2 24 | $1.5B | $13.7B | ||
| Q1 24 | $1.5B | $13.5B |
| Q4 25 | 1.86× | 0.43× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | 1.77× | 0.42× | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | 0.38× | ||
| Q3 24 | 0.91× | 0.39× | ||
| Q2 24 | 0.37× | 0.41× | ||
| Q1 24 | 0.36× | 0.42× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0M | $418.7M |
| Free Cash FlowOCF − Capex | $-13.0M | $372.4M |
| FCF MarginFCF / Revenue | -1.6% | 24.0% |
| Capex IntensityCapex / Revenue | 1.9% | 3.0% |
| Cash ConversionOCF / Net Profit | — | 1.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $418.7M | ||
| Q3 25 | — | $184.3M | ||
| Q2 25 | $0 | $602.3M | ||
| Q1 25 | $65.0M | — | ||
| Q4 24 | $-58.0M | $579.7M | ||
| Q3 24 | $12.2M | $465.8M | ||
| Q2 24 | $38.0M | $362.2M | ||
| Q1 24 | $20.0M | $498.7M |
| Q4 25 | $-13.0M | $372.4M | ||
| Q3 25 | — | $106.1M | ||
| Q2 25 | — | $454.7M | ||
| Q1 25 | $42.0M | — | ||
| Q4 24 | $-74.0M | $434.8M | ||
| Q3 24 | $3.6M | $293.6M | ||
| Q2 24 | $23.0M | $207.7M | ||
| Q1 24 | $12.5M | $276.3M |
| Q4 25 | -1.6% | 24.0% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | — | 31.5% | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | -10.5% | 25.2% | ||
| Q3 24 | 1.1% | 16.7% | ||
| Q2 24 | 4.1% | 12.0% | ||
| Q1 24 | 2.2% | 14.8% |
| Q4 25 | 1.9% | 3.0% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | 1.5% | 10.2% | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 2.3% | 8.4% | ||
| Q3 24 | 2.6% | 9.8% | ||
| Q2 24 | 2.7% | 8.9% | ||
| Q1 24 | 1.3% | 11.9% |
| Q4 25 | — | 1.64× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.53× | ||
| Q3 24 | — | 1.16× | ||
| Q2 24 | 2.00× | 1.07× | ||
| Q1 24 | 1.43× | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
ON
| Industrial Segment | $426.3M | 27% |
| Other End Markets Segment | $337.3M | 22% |
| Intelligent Sensing Segments | $284.0M | 18% |
| Direct Customers | $282.4M | 18% |
| Intelligent Sensing Group | $230.0M | 15% |
