Form 8-K · Current report

ON Semiconductor 8-K, filed Nov 2, 2026

Filed
CIK
0001097864
Accession no.
0001140361-26-041580
AI-generated summary

Summary

onsemi reported third-quarter 2026 revenue of $1.722 billion, up 11% year over year, with GAAP diluted EPS of $0.79 and non-GAAP diluted EPS of $0.90, and guided fourth-quarter revenue to $1.715 to $1.815 billion. The company also announced an agreement to acquire Ferric, revised terms for its planned Synaptics acquisition at about $5.7 billion in cash, a strategic technology engagement with Subaru, and adoption of its EliteSiC silicon carbide modules by Sungrow.

Key points

  • Third-quarter revenue was $1,722.3 million, up 11% year over year; GAAP gross margin was 41.4% and non-GAAP gross margin was 41.2%.
  • AI data center revenue grew 39% sequentially and 175% year over year, according to CEO Hassane El-Khoury.
  • onsemi agreed to acquire Ferric and revised terms for its planned Synaptics acquisition to approximately $5.7 billion in cash from $7 billion in stock.
  • Fourth-quarter 2026 outlook projects revenue of $1,715 to $1,815 million, non-GAAP gross margin of 41.5% to 43.5%, and non-GAAP diluted EPS of $0.95 to $1.07.

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 November 2, 2026, ON Semiconductor Corporation announced in a news release its financial performance for the third quarter ended October 2, 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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