ON Semiconductor Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.00B | $7.08B | $8.25B | $8.33B | $6.74B | $5.26B | $5.52B | $5.88B |
| Cost of Revenue | $4.01B | $3.87B | $4.37B | $4.25B | $4.03B | $3.54B | $3.54B | $3.64B |
| Gross Profit | $1.98B | $3.22B | $3.88B | $4.08B | $2.71B | $1.72B | $1.97B | $2.24B |
| Gross Margin | 33.1% | 45.4% | 47.1% | 49.0% | 40.3% | 32.7% | 35.8% | 38.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $348.9M | $376.3M | $362.4M | $343.2M | $304.8M | $258.7M | $284.0M | $293.3M |
| Operating Income | $84.2M | $1.77B | $2.54B | $2.36B | $1.29B | $348.7M | $432.7M | $847.2M |
| Operating Margin | 1.4% | 25.0% | 30.8% | 28.3% | 19.1% | 6.6% | 7.8% | 14.4% |
| Interest Expense | — | — | $74.8M | $94.9M | $130.4M | $168.4M | $148.3M | $128.2M |
| Pretax Income | $131.3M | $1.84B | $2.54B | $2.36B | $1.16B | $176.6M | $276.6M | $755.0M |
| Income Tax Expense | $7.7M | $262.8M | $350.2M | $458.4M | $146.6M | $-59.8M | $62.7M | $125.1M |
| Net Income | $121.0M | $1.57B | $2.18B | $1.90B | $1.01B | $234.2M | $211.7M | $627.4M |
| Net Margin | 2.0% | 22.2% | 26.5% | 22.8% | 15.0% | 4.5% | 3.8% | 10.7% |
| EPS (Basic) | $0.29 | $3.68 | $5.07 | $4.39 | $2.37 | $0.57 | $0.52 | $1.48 |
| EPS (Diluted) | $0.29 | $3.63 | $4.89 | $4.25 | $2.27 | $0.56 | $0.51 | $1.44 |
| Shares Outstanding (Basic) | 411.0M | 427.4M | 430.7M | 433.2M | 425.7M | 410.7M | 410.9M | 423.8M |
| Shares Outstanding (Diluted) | 411.8M | 432.7M | 446.8M | 448.2M | 443.8M | 418.8M | 416.0M | 435.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |