On Holding AG (ONON) Change in Working Capital (2020 - 2026)

On Holding AG's Change in Working Capital history runs 7 years deep, the most recent figure standing at -$58.9 million for Q1 2026.

• In Q1 2026, Change in Working Capital fell 1370.24% year-over-year to -$58.9 million; the TTM figure through Mar 2026 stood at $22.4 million (down 88.39% YoY), while the FY2025 annual figure was $234.8 million, up 546.27% from the prior year.
• Change in Working Capital was -$58.9 million for Q1 2026 at On Holding AG, down from $31.3 million in the prior quarter.
• In the past five years, Change in Working Capital ranged from a high of $268.8 million in Q3 2023 to a low of -$237.4 million in Q2 2023.
• Historically, Change in Working Capital has averaged $19.8 million across 5 years, with a median of $26.3 million in 2024.
• Biggest YoY gain for Change in Working Capital was 2548.77% in 2023; the steepest drop was 4567.19% in 2023.
• A 5-year view of Change in Working Capital shows it stood at -$70.2 million in 2022, then surged by 250.06% to $105.3 million in 2023, then grew by 3.75% to $109.2 million in 2024, then sank by 71.37% to $31.3 million in 2025, then tumbled by 288.21% to -$58.9 million in 2026.
• The last three Change in Working Capital figures came in at -$58.9 million (Q1 2026), $31.3 million (Q4 2025), and $32.9 million (Q3 2025), per Business Quant data.