On Semiconductor (ON) Gross Margin (2009 - 2026)

On Semiconductor's Gross Margin history runs 18 years deep, the most recent figure standing at 38.53% for Q2 2026.

• In Q2 2026, Gross Margin rose 1821.0% year-over-year to 38.53%; the TTM figure through Apr 2026 stood at 37.49% (down 236.0% YoY), while the FY2025 annual figure was 33.09%, down 1232.0% from the prior year.
• Gross Margin was 38.53% for Q2 2026 at On Semiconductor, up from 36.01% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 49.74% in Q3 2022 to a low of 20.32% in Q2 2025.
• Historically, Gross Margin has averaged 43.3% across 5 years, with a median of 45.83% in 2024.
• The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 2550 bps in 2025, then jumped 1821 bps in 2026.
• A 5-year view of Gross Margin shows it stood at 48.51% in 2022, then declined by 4 bps to 46.67% in 2023, then slipped by 3 bps to 45.23% in 2024, then dropped by 20 bps to 36.01% in 2025, then increased by 7 bps to 38.53% in 2026.
• The last three Gross Margin figures came in at 38.53% (Q2 2026), 36.01% (Q4 2025), and 37.86% (Q4 2025), per Business Quant data.