How do ON Semiconductor and V F CORP compare by revenue?

ON Semiconductor reported revenue of $1.6B in Q3 FY2025, while V F CORP reported $2.9B in Q3 FY2026. V F CORP is 1.9× larger by last-quarter revenue.

Which is growing revenue faster, ON Semiconductor or V F CORP?

ON Semiconductor's latest revenue grew -10.0% year-over-year, versus 1.5% for V F CORP. V F CORP is growing faster on a YoY basis.

Which has a higher gross margin, ON Semiconductor or V F CORP?

ON Semiconductor's gross margin is 37.9% vs V F CORP's 56.6%. V F CORP converts more of each revenue dollar into gross profit.

Which has a higher net margin, ON Semiconductor or V F CORP?

ON Semiconductor's net margin is 16.4% vs V F CORP's 10.5%. ON Semiconductor has the higher bottom-line margin.

Which generates more free cash flow, ON Semiconductor or V F CORP?

ON Semiconductor generated $372.4M of free cash flow last quarter, versus $977.9M for V F CORP. Free cash flow is operating cash flow minus capital expenditure — what's actually left for dividends, buybacks and debt repayment.

What is the 2-year revenue CAGR for ON Semiconductor vs V F CORP?

Over the trailing 8 quarters, ON Semiconductor compounded revenue at roughly -12.3% per year, versus 10.1% for V F CORP. V F CORP has the faster medium-term growth trajectory.

Where does this ON vs VFC data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of ON Semiconductor (ON) and V F CORP (VFC). Click either name above to swap in a different company.

V F CORP is the larger business by last-quarter revenue ($2.9B vs $1.6B, roughly 1.9× ON Semiconductor). ON Semiconductor runs the higher net margin — 16.4% vs 10.5%, a 6.0% gap on every dollar of revenue. On growth, V F CORP posted the faster year-over-year revenue change (1.5% vs -10.0%). V F CORP produced more free cash flow last quarter ($977.9M vs $372.4M). Over the past eight quarters, V F CORP's revenue compounded faster (10.1% CAGR vs -12.3%).

ON SemiconductorONEarnings & Financial Report

Nasdaq · Information Technology · Semiconductors & Related Devices

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...

V F CORPVFCEarnings & Financial Report

NYSE · Consumer Discretionary · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments

The F. W. Woolworth Company was a retail company and one of the pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores worldwide follow today.

ON vs VFC — Head-to-Head

Bigger by revenue

VFC

1.9× larger

$2.9B

$1.6B

Growing faster (revenue YoY)

VFC

+11.4% gap

1.5%

-10.0%

Higher net margin

6.0% more per $

16.4%

10.5%

More free cash flow

VFC

$605.5M more FCF

$977.9M

$372.4M

Faster 2-yr revenue CAGR

VFC

Annualised

10.1%

-12.3%

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric	ON	VFC
Revenue	$1.6B	$2.9B
Net Profit	$255.0M	$300.8M
Gross Margin	37.9%	56.6%
Operating Margin	17.0%	10.1%
Net Margin	16.4%	10.5%
Revenue YoY	-10.0%	1.5%
Net Profit YoY	-32.9%	79.3%
EPS (diluted)	$0.63	$0.76

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.

Revenue

VFC

Q4 25	$1.6B	$2.9B
Q3 25	$1.5B	$2.8B
Q2 25	$1.4B	$1.8B
Q1 25	—	$2.0B
Q4 24	$1.7B	$2.8B
Q3 24	$1.8B	$2.8B
Q2 24	$1.7B	$1.9B
Q1 24	$1.9B	$2.4B

Net Profit

VFC

Q4 25	$255.0M	$300.8M
Q3 25	$170.3M	$189.8M
Q2 25	$-486.1M	$-116.4M
Q1 25	—	$-150.8M
Q4 24	$379.9M	$167.8M
Q3 24	$401.7M	$52.2M
Q2 24	$338.2M	$-258.9M
Q1 24	$453.0M	$-418.3M

Gross Margin

VFC

Q4 25	37.9%	56.6%
Q3 25	37.6%	52.2%
Q2 25	20.3%	53.9%
Q1 25	—	52.7%
Q4 24	45.2%	56.3%
Q3 24	45.4%	52.2%
Q2 24	45.2%	52.0%
Q1 24	45.8%	48.4%

Operating Margin

VFC

Q4 25	17.0%	10.1%
Q3 25	13.2%	11.2%
Q2 25	-39.7%	-4.9%
Q1 25	—	2.2%
Q4 24	23.7%	8.0%
Q3 24	25.3%	9.9%
Q2 24	22.4%	-12.6%
Q1 24	28.2%	-15.0%

Net Margin

VFC

Q4 25	16.4%	10.5%
Q3 25	11.6%	6.8%
Q2 25	-33.6%	-6.6%
Q1 25	—	-7.5%
Q4 24	22.1%	5.9%
Q3 24	22.8%	1.9%
Q2 24	19.5%	-13.6%
Q1 24	24.3%	-17.6%

EPS (diluted)

VFC

Q4 25	$0.63	$0.76
Q3 25	$0.41	$0.48
Q2 25	$-1.15	$-0.30
Q1 25	—	$-0.37
Q4 24	$0.88	$0.43
Q3 24	$0.93	$0.13
Q2 24	$0.78	$-0.67
Q1 24	$1.04	$-1.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric	ON	VFC
Cash + ST InvestmentsLiquidity on hand	$2.9B	$1.5B
Total DebtLower is stronger	$3.4B	$3.6B
Stockholders' EquityBook value	$7.9B	$1.8B
Total Assets	$13.0B	$10.4B
Debt / EquityLower = less leverage	0.43×	1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

VFC

Q4 25	$2.9B	$1.5B
Q3 25	$2.8B	$419.1M
Q2 25	$3.0B	$642.4M
Q1 25	—	$429.4M
Q4 24	$3.0B	$1.4B
Q3 24	$2.8B	$492.2M
Q2 24	$2.7B	$637.4M
Q1 24	$2.6B	$674.6M

Total Debt

VFC

Q4 25	$3.4B	$3.6B
Q3 25	$3.4B	$3.5B
Q2 25	$3.4B	$3.6B
Q1 25	—	$3.4B
Q4 24	$3.4B	$3.9B
Q3 24	$3.4B	$4.0B
Q2 24	$3.4B	$3.9B
Q1 24	$3.4B	$4.7B

Stockholders' Equity

VFC

Q4 25	$7.9B	$1.8B
Q3 25	$7.9B	$1.5B
Q2 25	$8.0B	$1.3B
Q1 25	—	$1.5B
Q4 24	$8.8B	$1.7B
Q3 24	$8.6B	$1.4B
Q2 24	$8.3B	$1.4B
Q1 24	$8.1B	$1.7B

Total Assets

VFC

Q4 25	$13.0B	$10.4B
Q3 25	$13.1B	$10.6B
Q2 25	$13.3B	$10.2B
Q1 25	—	$9.4B
Q4 24	$14.1B	$10.6B
Q3 24	$13.9B	$12.2B
Q2 24	$13.7B	$11.5B
Q1 24	$13.5B	$11.6B

Debt / Equity

VFC

Q4 25	0.43×	1.99×
Q3 25	0.43×	2.40×
Q2 25	0.42×	2.76×
Q1 25	—	2.30×
Q4 24	0.38×	2.31×
Q3 24	0.39×	2.86×
Q2 24	0.41×	2.84×
Q1 24	0.42×	2.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	ON	VFC
Operating Cash FlowLast quarter	$418.7M	$1.0B
Free Cash FlowOCF − Capex	$372.4M	$977.9M
FCF MarginFCF / Revenue	24.0%	34.0%
Capex IntensityCapex / Revenue	3.0%	1.1%
Cash ConversionOCF / Net Profit	1.64×	3.36×
TTM Free Cash FlowTrailing 4 quarters	$1.4B	$357.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow

VFC

Q4 25	$418.7M	$1.0B
Q3 25	$184.3M	$-227.0M
Q2 25	$602.3M	$-145.5M
Q1 25	—	$-171.1M
Q4 24	$579.7M	$918.1M
Q3 24	$465.8M	$-301.6M
Q2 24	$362.2M	$19.8M
Q1 24	$498.7M	—

Free Cash Flow

VFC

Q4 25	$372.4M	$977.9M
Q3 25	$106.1M	$-253.5M
Q2 25	$454.7M	$-173.7M
Q1 25	—	$-193.0M
Q4 24	$434.8M	$899.7M
Q3 24	$293.6M	$-322.4M
Q2 24	$207.7M	$-5.4M
Q1 24	$276.3M	—

FCF Margin

VFC

Q4 25	24.0%	34.0%
Q3 25	7.2%	-9.0%
Q2 25	31.5%	-9.9%
Q1 25	—	-9.6%
Q4 24	25.2%	31.7%
Q3 24	16.7%	-11.7%
Q2 24	12.0%	-0.3%
Q1 24	14.8%	—

Capex Intensity

VFC

Q4 25	3.0%	1.1%
Q3 25	5.3%	0.9%
Q2 25	10.2%	1.6%
Q1 25	—	1.1%
Q4 24	8.4%	0.6%
Q3 24	9.8%	0.8%
Q2 24	8.9%	1.3%
Q1 24	11.9%	—

Cash Conversion

VFC

Q4 25	1.64×	3.36×
Q3 25	1.08×	-1.20×
Q2 25	—	—
Q1 25	—	—
Q4 24	1.53×	5.47×
Q3 24	1.16×	-5.78×
Q2 24	1.07×	—
Q1 24	1.10×	—

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

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%