ON Semiconductor said fourth-quarter revenue was $1,722.5 million, down from $1,761.9 million in the prior quarter and $2,018.1 million in the year-ago quarter, and full-year revenue was $7,082.3 million, down from $8,253.0 million in the prior year.

1. 01

   ON Semiconductor said fourth-quarter revenue was $1,722.5 million, down from $1,761.9 million in the prior quarter and $2,018.1 million in the year-ago quarter, and full-year revenue was $7,082.3 million, down from $8,253.0 million in the prior year.

2. 02

   The company said fourth-quarter GAAP gross margin was 45.2% and operating margin was 23.7%, with diluted earnings per share of $0.88. Year-ago fourth-quarter GAAP gross margin, operating margin and diluted earnings per share were 46.7%, 30.3% and $1.28, respectively.

3. 03

   ON Semiconductor said full-year operating cash flow was $1,906.4 million and capital expenditures were $694.0 million, resulting in free cash flow of $1,212.4 million. The company spent $654.1 million on common stock repurchases in the year.

4. 04

   The company provided Q1 2025 revenue guidance of $1,350 million to $1,450 million, GAAP gross margin guidance of 38.9% to 40.9%, and diluted earnings per share guidance of $0.42 to $0.52.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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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