ONON Semiconductor Corporation

$24B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.0B+0.8% YoY

Gross Profit

$918M46.8% margin

Operating Income

$565M28.8% margin

Net Income

$462M23.6% margin

EPS (Diluted)

$1.03

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$409M

Free Cash Flow

$71M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$12.3B

Total Liabilities

$5.8B

Stockholders' Equity

$6.4B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.9B	+0.8%
Gross Profit	$918M	$961M	-4.6%
Operating Income	$565M	$634M	-10.9%
Net Income	$462M	$530M	-12.9%

Revenue Segments

Power Solutions Group

$1.0B52%

Analog Solutions Group

$593M30%

Intelligent Sensing Group

$354M18%

Geographic Segments

Hong Kong

$490M25%

Singapore

$451M23%

United Kingdom

$413M21%

United States

$389M20%

Other

$216M11%

ON Q1 2023 Earnings — ON Semiconductor Corporation Revenue & Financial Results | Market Cap Arena