earnings
confidence high
sentiment positive
materiality 0.75
onsemi Q1 revenue $1.513B beats midpoint; non-GAAP EPS $0.64; AI data center rev 2x YoY
ON SEMICONDUCTOR CORP
2026-Q1 EPS
reported -$0.08
vs consensus $0.62
▼ miss
(-112.9%)
- Revenue $1,513M exceeded guidance midpoint; GAAP gross margin 38.5%.
- GAAP diluted loss per share ($0.08); non-GAAP diluted EPS $0.64.
- AI data center revenue more than doubled YoY; share repurchases $346M (~160% of FCF).
- Q2 FY2026 outlook: revenue $1,535-1,635M; non-GAAP EPS $0.65-$0.77.
- Expanded EV collaborations with Geely and NIO; design win with Sineng Electric for 430kW ESS.