Growth Metrics

On Semiconductor (ON) Gross Margin (2016 - 2026)

On Semiconductor has reported Gross Margin over the past 18 years, most recently at 38.53% for Q2 2026.

  • For Q2 2026, Gross Margin rose 1821.0% year-over-year to 38.53%; the TTM value through Apr 2026 reached 37.49%, down 236.0%, while the annual FY2025 figure was 33.09%, 1232.0% down from the prior year.
  • Gross Margin for Q2 2026 was 38.53% at On Semiconductor, up from 36.01% in the prior quarter.
  • Over five years, Gross Margin peaked at 49.74% in Q3 2022 and troughed at 20.32% in Q2 2025.
  • A 5-year average of 43.3% and a median of 45.83% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: crashed -2550bps in 2025 and later skyrocketed 1821bps in 2026.
  • Year by year, Gross Margin stood at 48.51% in 2022, then dropped by -4bps to 46.67% in 2023, then decreased by -3bps to 45.23% in 2024, then fell by -20bps to 36.01% in 2025, then grew by 7bps to 38.53% in 2026.
  • Business Quant data shows Gross Margin for ON at 38.53% in Q2 2026, 36.01% in Q4 2025, and 37.86% in Q4 2025.