secwatch.observer — SEC 8-K summary
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Issuer:     ON SEMICONDUCTOR CORP (ON)
CIK:        0001097864
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001140361-26-018868
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

onsemi Q1 revenue $1.513B beats midpoint; non-GAAP EPS $0.64; AI data center rev 2x YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097864/000114036126018868/0001140361-26-018868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097864/000114036126018868/ef20072220_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-018868

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