On Holding AG (ONON) Inventory (2020 - 2026)

On Holding AG (ONON) recorded quarterly Inventory of $518.5 million in Q1 2026, down 1.29% quarter-over-quarter from $525.2 million in Q4 2025, and up 5726.74% on a YoY basis from $8.9 million in Q1 2025.

On Holding AG (ONON) Inventory (2020 - 2026) Analysis & Trends

On Holding AG's Inventory history runs 7 years deep, the most recent figure standing at $518.5 million for Q1 2026.

  • In Q1 2026, Inventory rose 5726.74% year-over-year to $518.5 million; the TTM figure through Mar 2026 stood at $518.5 million (up 5726.74% YoY), while the FY2025 annual figure was $525.2 million, up 1755.12% from the prior year.
  • Inventory was $518.5 million for Q1 2026 at On Holding AG, down from $525.2 million in the prior quarter.
  • In the past five years, Inventory ranged from a high of $525.2 million in Q4 2025 to a low of -$283.4 million in Q4 2022.
  • Historically, Inventory has averaged $46.6 million across 5 years, with a median of -$21.5 million in 2025.
  • The sharpest annual moves came in 2022 and 2026: Inventory slumped 721.7% in 2022, then jumped 5726.74% in 2026.
  • A 5-year view of Inventory shows it stood at -$283.4 million in 2022, then jumped by 96.02% to -$11.3 million in 2023, then plunged by 181.49% to -$31.7 million in 2024, then soared by 1755.12% to $525.2 million in 2025, then slipped by 1.29% to $518.5 million in 2026.
  • The last three Inventory figures came in at $518.5 million (Q1 2026), $525.2 million (Q4 2025), and $475.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn -
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn -
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn 633.49 Mn
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 397.56 Mn
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 379.37 Mn
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn 274.20 Mn
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn 518.46 Mn
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn -
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 586.64 Mn
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn 65.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 518.46 Mn
Dec 31, 2025 525.24 Mn
Sep 30, 2025 475.79 Mn
Jun 30, 2025 -21.50 Mn
Mar 31, 2025 8.90 Mn
Dec 31, 2024 -31.73 Mn
Sep 30, 2024 18.01 Mn
Jun 30, 2024 -18.58 Mn
Mar 31, 2024 24.63 Mn
Dec 31, 2023 -11.27 Mn
Sep 30, 2023 -43.81 Mn
Jun 30, 2023 -66.73 Mn
Mar 31, 2023 -70.17 Mn
Dec 31, 2022 -283.38 Mn
Sep 30, 2022 -127.36 Mn
Jun 30, 2022 -77.46 Mn
Mar 31, 2022 -27.40 Mn
Dec 31, 2021 -34.49 Mn
Sep 30, 2021 -44.56 Mn
Jun 30, 2021 -48.02 Mn