secwatch.observer — SEC 8-K summary
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Issuer:     ON SEMICONDUCTOR CORP (ON)
CIK:        0001097864
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001140361-25-017228
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

onsemi Q1 revenue $1.45B, GAAP loss $1.15/share, non-GAAP EPS $0.55, Q2 guide $1.4-1.5B
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- Revenue $1,445.7M, down 22% YoY and 16% sequentially; PSG fell 26%, AMG 19%, ISG 20%.
- GAAP net loss $486.1M ($1.15 diluted loss); non-GAAP net income $231.6M ($0.55 diluted EPS).
- GAAP gross margin collapsed to 20.3% from 45.8% YoY; non-GAAP gross margin 40.0%.
- Free cash flow $455M, up 72% YoY, representing 31% of revenue; returned 66% via buybacks.
- Q2 guidance: revenue $1.4-1.5B, GAAP EPS $0.45-$0.55, non-GAAP $0.48-$0.58.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097864/000114036125017228/0001140361-25-017228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097864/000114036125017228/ef20048379_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-017228

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer