ON Semiconductor said revenue for Q2 ended July 4, 2025 was $1,468.7 million, compared with $1,445.7 million in the prior quarter and $1,735.2 million in the year-ago period. Year-over-year changes by segment were PSG 16, AMG 14 and ISG 15.

1. 01

   ON Semiconductor said revenue for Q2 ended July 4, 2025 was $1,468.7 million, compared with $1,445.7 million in the prior quarter and $1,735.2 million in the year-ago period. Year-over-year changes by segment were PSG 16, AMG 14 and ISG 15.

2. 02

   The company recorded GAAP operating margin of 13.2% and non-GAAP operating margin of 17.3% for Q2, and said diluted earnings per share were $0.41 on a GAAP basis and $0.53 on a non-GAAP basis. Gross margin was 37.6% on both a GAAP and non-GAAP basis.

3. 03

   ON Semiconductor said net cash provided by operating activities for Q2 ended July 4, 2025 was $184.3 million, and free cash flow after capital expenditures of $78.2 million was $106.1 million. The company used $302.3 million for repurchase of common stock in the same quarter.

4. 04

   The company provided guidance for Q3 revenue of $1,465 to $1,565 million, non-GAAP gross margin of 36.5% to 38.5%, and non-GAAP diluted earnings per share of $0.54 to $0.64. It projected non-GAAP operating expenses of $280 to $295 million and diluted shares outstanding of 410 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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