ON Q1 2024 Earnings — ON Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

ONON Semiconductor Corporation

$24B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.9B-4.9% YoY

Gross Profit

$854M45.8% margin

Operating Income

$525M28.2% margin

Net Income

$453M24.3% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$499M

Free Cash Flow

$265M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$13.5B

Total Liabilities

$5.3B

Stockholders' Equity

$8.1B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.0B	-4.9%
Gross Profit	$854M	$918M	-7.0%
Operating Income	$525M	$565M	-7.0%
Net Income	$453M	$462M	-1.9%

Revenue Segments

Power Solutions Group

$874M47%

Analog Solutions Group

$697M37%

Intelligent Sensing Group

$292M16%

Geographic Segments

United Kingdom

$444M24%

Singapore

$433M23%

United States

$419M22%

Hong Kong

$405M22%

Other

$161M9%