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Screener / SEC EDGAR /CIK 0001097864 /10-K filed Feb 9, 2026, compared with Feb 10, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
CDNSITKEYSONTDYZBRA
Nasdaq Technology · Semiconductors

ON Semiconductor ON

ON quote by TradingView

ON Semiconductor Corporation, together with its wholly and majority-owned subsidiaries, which operate under the onsemiTM brand ("onsemi," "we," "us," "our," or the "Company"), was incorporated under the laws of the State of Delaware in 1992. 10-K, Item 1

Headquarters
Scottsdale, AZ
Next results
around Feb 8, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $6.0B through the costs to a net profit of $121.0M · income statement of the 10-K

1% operating margin
Revenue to Gross profit: $2.0BRevenue to Cost of revenue: $4.0BGross profit to Operating profit: $84.2MGross profit to Operating expenses: $1.9BOperating profit to Net profit: $76.5MOperating profit to Tax: $7.7MOther income to Net profit: $44.5MOperating expenses to R&D: $583.6MOperating expenses to Sales, admin & other: $1.3B Revenue: $6.0B REVENUE $6.0B −15% Y/Y Gross profit: $2.0B · 33% margin GROSS PROFIT $2.0B 33% margin · −38% Y/Y Cost of revenue: $4.0B · 67% of revenue COST OF REVENUE $4.0B 67% of revenue Operating profit: $84.2M · 1% margin OPERATING PROFIT $84.2M 1% margin · −95% Y/Y Other income: $44.5M · 1% of revenue OTHER INCOME $44.5M 1% of revenue Operating expenses: $1.9B · 32% of revenue OPERATING EXPENSES $1.9B 32% of revenue Net profit: $121.0M · 2% margin NET PROFIT $121.0M 2% margin · −92% Y/Y Tax: $7.7M · 0% of revenue TAX $7.7M 0% of revenue R&D: $583.6M · 10% of revenue R&D $583.6M 10% of revenue Sales, admin & other: $1.3B · 22% of revenue SALES, ADMIN & OTHER $1.3B 22% of revenue
Gross profit $2.0B 33% margin · −38% Y/Y
Operating profit $84.2M 1% margin · −95% Y/Y
Net profit $121.0M 2% margin · −92% Y/Y
The full income statement, year by year

ON among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: -15.3%, above 0% of 74 peers (their median 14.1%) REVENUE GROWTH -15.3% · above 0% Gross margin: 38.7%, above 15% of 67 peers (their median 58.0%) GROSS MARGIN 38.7% · above 15% Operating margin: 12.3%, above 27% of 70 peers (their median 23.8%) OPERATING MARGIN 12.3% · above 27% Net margin: 10.8%, above 26% of 74 peers (their median 19.2%) NET MARGIN 10.8% · above 26% FCF margin: 25.4%, above 53% of 70 peers (their median 22.3%) FCF MARGIN 25.4% · above 53% Return on capital: 0.7%, above 3% of 61 peers (their median 12.7%) RETURN ON CAPITAL 0.7% · above 3%
ON Peer median Below the median

What changed

6 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 9, 2026 against Feb 10, 2025.

Risk factors
6 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Material impairment (8-K item 2.06)
8-K item 2.06 (material impairments) filed Nov 17, 2025 (2 in 2 years): “During the first quarter of 2025, ON Semiconductor Corporation (the “Company” or “we” and, together with its subsidiaries, “onsemi”) announced restructuring and cost reduction initiatives based on an evaluation of its operating structure, business strategy, manufacturing technologies and internal capabilities to realign internal manufacturing capacity and capabilities with anticipated long-term…”
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Material impairment (8-K item 2.06)
    8-K item 2.06 (material impairments) filed Nov 17, 2025 (2 in 2 years): “During the first quarter of 2025, ON Semiconductor Corporation (the “Company” or “we” and, together with its subsidiaries, “onsemi”) announced restructuring and cost reduction initiatives based on an evaluation of its operating structure, business strategy, manufacturing technologies and internal capabilities to realign internal manufacturing capacity and capabilities with anticipated long-term…”
  • Receivables -21.7% vs revenue -15.3% (-6.4 pts)
9 more checks with nothing to note
  • Cash from operations $1.8B vs net income $121.0M (FY ending Dec 31, 2025)
  • Inventory -11.3% vs revenue -15.3% (+4.1 pts)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Valuation of Inventories
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 1.03 in the last 2 years

In their words

6 paragraphs in Risk Factors that were not in the 10-K filed Feb 10, 2025. Quoted as filed.

All 6 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 10, 2025 10-K, ITEM 1A
    We had one customer, a distributor, whose revenue accounted for approximately 11% and 10% of the total revenue for the years ended 2025 and 2024, respectively, across all reportable segments. Although we are not dependent on any single customer, a significant disruption in key customer relationships could adversely affect our business.…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 10, 2025 10-K, ITEM 1A
    We are increasingly incorporating AI tools and capabilities into our business operations where we believe appropriate, which may subject us to significant competitive, legal, regulatory and other risks. There can be no assurance that our use of AI tools will enhance our business operations or result in a benefit to us. Our competitors…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 10, 2025 10-K, ITEM 1A
    On July 4, 2025, the U.S. government enacted the One Big Beautiful Bill Act (the “OBBBA”). While we are subject to the Corporate Alternative Minimum Tax (“CAMT”), we currently have no CAMT liability. However, future changes in our financial results, business operations, or the interpretation and implementation of the OBBBA could result…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

From the same starting line, FY2016 to FY2025

Revenue, net income and free cash flow, each set to 100 in FY2016. What happened, from the 10-Ks. Not a forecast.

FY2016 = 100
0 500 1000 100 Revenue: $3.9B in FY2016, $6.0B in FY2025 REVENUE $6.0B · 1.5x Net income: $182.1M in FY2016, $121.0M in FY2025 NET INCOME $121.0M · 0.7x Free cash flow: $370.4M in FY2016, $1.4B in FY2025 FREE CASH FLOW $1.4B · 3.8x FY2016 = 100FY2021FY2025
Revenue 1.5x $3.9B to $6.0B
Net income 0.7x $182.1M to $121.0M
Free cash flow 3.8x $370.4M to $1.4B

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$8.3B$8.3B$7.1B$6.0B
Net income$1.9B$2.2B$1.6B$121.0M
Operating cash flow$2.6B$2.0B$1.9B$1.8B
Free cash flow$1.6B$438.4M$1.2B$1.4B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$6.0B ▼ 15.3% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

ON Semiconductor, Scottsdale, AZ · from the 10-K filed Feb 9, 2026

ON Semiconductor Corporation, together with its wholly and majority-owned subsidiaries, which operate under the onsemiTM brand ("onsemi," "we," "us," "our," or the "Company"), was incorporated under the laws of the State of Delaware in 1992. We offer intelligent power and intelligent sensing solutions that drive electrification, energy efficiency, safety, and automation in automotive, industrial, and other end-markets, including AI data center. Our intelligent power technologies enable the electrification of drivetrain in the automotive industry to allow for lighter and longer-range electric vehicles and empower efficient fast-charging systems.

Headquarters
Scottsdale, AZ
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Nov 2, 2026
Incorporated in
DE

Email alerts

Sources

The 10-K filed Feb 9, 2026 (open at SEC), compared with the 10-K filed Feb 10, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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