ON Semiconductor Corporation
Explore ON Semiconductor Corporation
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CorpDigest
ON Semiconductor Corporation
Explore ON Semiconductor Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2024 Revenue
$7.1B
▼ 14.2% vs FY2023 ($8.3B)
Net Income: $1.6B
Source: Annual report / company filing
ON Semiconductor Corporation reported $7.1B in revenue for fiscal year 2024. This represents a decline of 14.2% compared to the 2023 figure of $8.3B. In 2025, revenue declined to $7.1B.
Revenue fell 14.2% to $7.08 billion in FY2024 amid weakness across all three segments, yet free cash flow tripled to $1.21 billion under the Fab Right manufacturing strategy.
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.