Form 8-K · Current report
ON Semiconductor 8-K, filed Aug 3, 2026
- Filed
- CIK
- 0001097864
- Accession no.
- 0001140361-26-030989
Summary
ON Semiconductor reported second-quarter 2026 revenue of $1.604 billion, up 9% year over year, with GAAP diluted EPS of $0.56 and non-GAAP diluted EPS of $0.74, and guided third-quarter revenue to $1.65–$1.75 billion. CEO Hassane El-Khoury said AI data center is its fastest-growing business and that its revenue is expected to more than double in 2026.
Key points
- Revenue was $1,603.5 million, up 9% year over year; GAAP gross margin was 38.4% and non-GAAP gross margin was 39.3%.
- Free cash flow was $425.4 million, quadrupling year over year, and share repurchases were $332 million.
- Third-quarter 2026 outlook projects revenue of $1.650–$1.750 billion and non-GAAP diluted EPS of $0.81–$0.93.
- ON announced a planned acquisition of Synaptics, launched the GaNEXUS gallium nitride power portfolio, and cited AI data center platform wins with Great Wall and Rivian's R2 platform.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operation and Financial Condition. On August 3, 2026, ON Semiconductor Corporation announced in a news release its financial performance for the second quarter ended July 3, 2026 and other related material information (the “Earnings Release”). A copy of the Earnings Release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished under Item 2.02 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, nor shall…
An excerpt of the text as filed with the SEC, cut for length.
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