On Holding AG (ONON) Operating Income (2020 - 2026)

On Holding AG (ONON) recorded quarterly Operating Income of $149.9 million in Q1 2026, up 45.24% quarter-over-quarter from $103.2 million in Q4 2025, and up 75.05% on a YoY basis from $85.6 million in Q1 2025.

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

On Holding AG's Operating Income history runs 7 years deep, the most recent figure standing at $149.9 million for Q1 2026.

  • In Q1 2026, Operating Income rose 75.05% year-over-year to $149.9 million; the TTM figure through Mar 2026 stood at $521.1 million (up 84.56% YoY), while the FY2025 annual figure was $471.7 million, up 95.28% from the prior year.
  • Operating Income was $149.9 million for Q1 2026 at On Holding AG, up from $103.2 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $155.9 million in Q3 2025 to a low of $3.7 million in Q1 2022.
  • Historically, Operating Income has averaged $66.9 million across 5 years, with a median of $52.3 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Income surged 1142.23% in 2023, then fell 3.55% in 2024.
  • A 5-year view of Operating Income shows it stood at $15.3 million in 2022, then soared by 201.44% to $46.0 million in 2023, then surged by 31.78% to $60.6 million in 2024, then surged by 70.29% to $103.2 million in 2025, then surged by 45.24% to $149.9 million in 2026.
  • The last three Operating Income figures came in at $149.9 million (Q1 2026), $103.2 million (Q4 2025), and $155.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn 181.99 Mn
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn 1.64 Bn
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn 614.37 Mn
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 200.84 Mn
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 98.74 Mn
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn 48.90 Mn
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn 149.92 Mn
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn -583.64 Mn
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 18.87 Mn
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn -12.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 149.92 Mn
Dec 31, 2025 103.22 Mn
Sep 30, 2025 155.89 Mn
Jun 30, 2025 112.09 Mn
Mar 31, 2025 85.64 Mn
Dec 31, 2024 60.61 Mn
Sep 30, 2024 83.80 Mn
Jun 30, 2024 52.30 Mn
Mar 31, 2024 44.11 Mn
Dec 31, 2023 46.00 Mn
Sep 30, 2023 65.44 Mn
Jun 30, 2023 43.82 Mn
Mar 31, 2023 45.73 Mn
Dec 31, 2022 15.26 Mn
Sep 30, 2022 42.14 Mn
Jun 30, 2022 27.31 Mn
Mar 31, 2022 3.68 Mn
Dec 31, 2021 -192.50 Mn
Sep 30, 2021 26.01 Mn
Jun 30, 2021 25.64 Mn