onsemi Q2 FY26 GAAP EPS rises 36.6% to $0.56 year-over-year; revenue increases 9% to $1.6 billion year-over-year

Reuters2026/08/03 20:12

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ON Semiconductor Q2 2026 revenue rose 9% year-over-year to USD 1.6 billion, beating the midpoint of guidance.
Net income attributable to shareholders swung to USD 226.8 million, or USD 0.56 per diluted share, from a loss in Q1 2026.
GAAP operating margin widened to 16.1% from -3.5% in Q1 2026; GAAP gross margin held at 38.4%.
Cash from operations climbed 150% year-over-year; free cash flow quadrupled year-over-year to USD 425.4 million, with USD 332 million of buybacks.
Planned Synaptics acquisition announced; CEO Hassane El-Khoury said AI data center is the fastest-growing business, expected to more than double revenue in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ON Semiconductor Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031605PRIMZONEFULLFEED9802643) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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onsemi Q2 FY26 GAAP EPS rises 36.6% to $0.56 year-over-year; revenue increases 9% to $1.6 billion year-over-year

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