Short answer
ON Semiconductor (ON) filed its Q2 2026 10-Q quarterly report on May 4, 2026 for the quarter ended Apr 3, 2026. Quarterly revenue was $1.5B (up 4.7% year over year) with net income of −$33M.
Q2 2026 key financials · XBRL
- Revenue
- $1.5B
- +4.7% YoY
- Net income
- −$33M
- +93.1% YoY
- Operating margin
- -3.5%
- Gross margin
- 38.5%
- EPS (diluted)
- −$0.08
- +93.0% YoY
Source: XBRL data from the ON Semiconductor (ON) Q2 2026 10-Q on SEC EDGAR. USD.
ON Semiconductor Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1,513.3M, up $67.6M or 5% YoY, driven by increased demand across end-markets
- Gross margin 38.5% vs 20.3% YoY; net loss $32.9M vs $485.2M
- Best segment PSG revenue $736.6M, up $91.5M; gross margin 27.2% vs 19.1%
- Worst segment AMG revenue $540.4M, down $26.0M; gross profit $289.6M vs $300.9M
- Operating cash flow $239.1M vs $602.3M; share repurchases $348.6M and approximately 5.7M shares
- Cash and investments approximately $2.4B; 2026 capital expenditures expected at approximately 5% of revenue
- Near-term headwinds: working-capital timing, demand changes, pricing pressure, supply constraints, and restructuring execution
Risk Factors
- Risk Factors section not included in provided filing text
- Share repurchase authorization $5.7 billion remaining as of April 3, 2026
- 5.7 million shares repurchased during the quarter at average $60.55 per share
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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