ON Q2 2023 Earnings — ON Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

ONON Semiconductor Corporation

$24B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.1B+0.5% YoY

Gross Profit

$993M47.4% margin

Operating Income

$675M32.2% margin

Net Income

$577M27.5% margin

EPS (Diluted)

$1.29

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$391M

Free Cash Flow

-$23M

Stock-Based Comp.

$32M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$5.8B

Stockholders' Equity

$7.0B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.1B	+0.5%
Gross Profit	$993M	$1.0B	-4.2%
Operating Income	$675M	$697M	-3.2%
Net Income	$577M	$456M	+26.5%

Revenue Segments

Power Solutions Group

$1.1B53%

Analog Solutions Group

$650M31%

Intelligent Sensing Group

$325M16%

Geographic Segments

Hong Kong

$530M25%

Singapore

$519M25%

United Kingdom

$449M21%

United States

$381M18%

Other

$215M10%