ON Semiconductor Corporation
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Financial Performance
Revenue
$6.00B
Market Cap
$31.4B
Net Income
$121M
Employees
30,100
ON Semiconductor is operating as a critical, specialized architect of the global transition to vehicle electrification and renewable energy infrastructure. Under CEO Hassane El-Khoury, the chipmaker generated exactly $8.3 billion in revenue and maintains a $31.4 billion market cap with exactly 30100 employees. The financial narrative in 2026 is entirely defined by a structural pivot toward complex silicon carbide (SiC) modules; escaping commoditized legacy chips, ON Semiconductor extracts lucrative, defensible margins by dominating the power management systems essential for extending EV battery range.
Revenue Trend Analysis
YoY Change
-15.3%
2-Year CAGR
-14.8%
Peak Year
2023
Trend
Declining Trend
ON Semiconductor Corporation has reported revenue across 3 fiscal years, compounding at -14.8% annually over 2 years. The most recent year saw a 15.3% decline versus the prior year. Revenue peaked in 2023 at $8.3B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $6.0B | $121M | -15.3% |
| FY2024 | $7.1B | $1.6B | -14.2% |
| FY2023 | $8.3B | $2.2B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
ON Semiconductor Corporation reported approximately $8.3B in fiscal year 2025 with a team of 30,100 employees worldwide.
ON Semiconductor Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Power and sensing semiconductors is driven by steady cash generation and pricing power, enabling ON Semiconductor Corporation to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "ON Semiconductor Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/onsemi/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>ON Semiconductor Corporation reported $6B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/onsemi/financials" target="_blank" rel="noopener">CorpDigest — ON Semiconductor Corporation financials</a></div>