ON Q3 2023 Earnings — ON Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

ONON Semiconductor Corporation

$24B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.2B-0.5% YoY

Gross Profit

$1.0B47.3% margin

Operating Income

$687M31.5% margin

Net Income

$583M26.7% margin

EPS (Diluted)

$1.29

QoQ Revenue Growth

+4.1%

Cash Flow

Operating Cash Flow

$567M

Free Cash Flow

$134M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$13.3B

Total Liabilities

$5.8B

Stockholders' Equity

$7.5B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.2B	-0.5%
Gross Profit	$1.0B	$1.1B	-2.6%
Operating Income	$687M	$737M	-6.7%
Net Income	$583M	$312M	+86.8%

Revenue Segments

Power Solutions Group

$1.2B56%

Analog Solutions Group

$622M29%

Intelligent Sensing Group

$329M15%

Geographic Segments

Hong Kong

$582M27%

Singapore

$507M23%

United Kingdom

$464M21%

United States

$425M19%

Other

$203M9%