{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-024908","form_type":"8-K","ticker":"ON","cik":"0001097864","company_name":"ON SEMICONDUCTOR CORP","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.857581+00:00","generated_at":"2026-06-19T23:46:47.984408+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"onsemi Q4 revenue $2.1B (+14% YoY), EPS beats; announces $3B buyback","bullets":["Q4 revenue $2,103.6M (+14% YoY); GAAP EPS $1.35, non-GAAP $1.32; record automotive $989M (+54% YoY).","FY2022 revenue $8,326.2M (+24% YoY); GAAP gross margin 49.0%, non-GAAP 49.2%; free cash flow 20% of revenue.","Board authorizes new $3B share repurchase program through Dec 2025; replaces prior $1.5B program.","Q1 2023 outlook: revenue $1.87-1.97B, non-GAAP EPS $1.02-1.14."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-024908","json":"https://secwatch.observer/filing/0001193125-23-024908.json","markdown":"https://secwatch.observer/filing/0001193125-23-024908.md","text":"https://secwatch.observer/filing/0001193125-23-024908.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523024908/0001193125-23-024908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523024908/d406586d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T23:46:47.984408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98e230b29f2a8c24dfb9a583cbe94bd18b70aa32","claim":"ON SEMICONDUCTOR CORP reported fiscal year 2022 results: revenue $8,326.2, net income $1,902.2, EPS $4.24.","evidence_excerpt":"Selected financial results for 2022 and 2021 are shown below: GAAP Non-GAAP Year Ended Year Ended (Revenue and Net Income in millions) December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Revenue $8,326.2 $6,739.8 $8,326.2 $6,739.8 Gross Margin 49.0 % 40.3 % 49.2 % 40.4 % Operating Margin 28.3 % 19.1 % 34.5 % 21.9 % Net Income attributable to onsemi $1,902.2 $1,009.6 $2,347.7 $1,285.5 Diluted Earnings Per Share $4.24 $2.27 $5.33 $2.95","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523024908/0001193125-23-024908-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2022"},{"label":"Revenue","value":"$8,326.2"},{"label":"Net income","value":"$1,902.2"},{"label":"EPS","value":"$4.24"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a24a1ba7341d297646c8230844b3a75930334145","claim":"ON SEMICONDUCTOR CORP reported the fourth quarter ended December 31, 2022 results: revenue $2,103.6 million, net income $604.3, EPS $1.35.","evidence_excerpt":"– Feb. 6, 2023 – onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2022 results with the following highlights: • Fourth quarter revenue of $2,103.6 million increased by 14% year-over-year • Fourth quarter GAAP gross margin of 48.5% increased by 343 bps year-over-year and non-GAAP gross margin of 48.4% increased by 321 bps","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523024908/0001193125-23-024908-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$2,103.6 million"},{"label":"Net income","value":"$604.3"},{"label":"EPS","value":"$1.35"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b64e1e4821f5f0f016e622e97a658c6501663b9d","claim":"ON SEMICONDUCTOR CORP reported first quarter of 2023 results: revenue $1,870 to $1,970 million, EPS $0.99 to $1.11. Guidance initiated.","evidence_excerpt":"Revenue $1,870 to $1,970 million $1,870 to $1,970 million Gross Margin 45.6% to 47.6% 0.1% 45.7% to 47.7% Operating Expenses $316 to $331 million $18 million $298 to $313 million Other Income and Expense (including interest expense), net $21 to $25 million - $21 to $25 million Diluted Earnings Per Share $0.99 to $1.11 $0.03 $1.02 to $1.14","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523024908/0001193125-23-024908-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$1,870 to $1,970 million"},{"label":"EPS","value":"$0.99 to $1.11"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}