ON Q2 2024 Earnings — ON Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

ONON Semiconductor Corporation

$24B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.7B-17.2% YoY

Gross Profit

$784M45.2% margin

Operating Income

$389M22.4% margin

Net Income

$338M19.5% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$362M

Free Cash Flow

$221M

Stock-Based Comp.

$32M

Balance Sheet

Total Assets

$13.7B

Total Liabilities

$5.3B

Stockholders' Equity

$8.3B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$2.1B	-17.2%
Gross Profit	$784M	$993M	-21.1%
Operating Income	$389M	$675M	-42.4%
Net Income	$338M	$577M	-41.3%

Revenue Segments

Power Solutions Group

$835M48%

Analog Solutions Group

$648M37%

Intelligent Sensing Group

$252M15%

Geographic Segments

Hong Kong

$454M26%

United Kingdom

$414M24%

Singapore

$390M22%

United States

$325M19%

Other

$153M9%