{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-128806","form_type":"8-K","ticker":"ON","cik":"0001097864","company_name":"ON SEMICONDUCTOR CORP","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.933044+00:00","generated_at":"2026-06-16T04:38:00.771965+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Onsemi Q1 revenue $1.96B (+1% YoY); auto revenue up 38% to record 50% of total","bullets":["Revenue $1,959.7M (+1% YoY); GAAP EPS $1.03, non-GAAP EPS $1.19 (vs $1.22 YoY).","Automotive revenue grew 38% YoY to record 50% of total; auto+industrial end-markets 79% (record).","Silicon carbide revenue nearly doubled QoQ; ADAS and energy infrastructure revenue up ~50% YoY.","Q2 guidance: revenue $1,975-$2,075M; GAAP EPS $1.08-$1.22; non-GAAP EPS $1.14-$1.28.","Gross margin 46.8% GAAP and non-GAAP, down from 49.4% YoY; operating margin 28.8% GAAP, 32.2% non-GAAP."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-128806","json":"https://secwatch.observer/filing/0001193125-23-128806.json","markdown":"https://secwatch.observer/filing/0001193125-23-128806.md","text":"https://secwatch.observer/filing/0001193125-23-128806.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523128806/0001193125-23-128806-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523128806/d461890d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:38:00.771965+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":"ddfd94d988c3f254614503e85885efb5decb4e39","claim":"ON SEMICONDUCTOR CORP reported second quarter of 2023 results: revenue $1,975 to $2,075 million, EPS $1.08 to $1.22. Guidance initiated.","evidence_excerpt":"Revenue $1,975 to $2,075 million - $1,975 to $2,075 million Gross Margin 45.4% to 47.4% 0.1% 45.5% to 47.5% Operating Expenses $314 to $329 million $17 million $297 to $312 million Other Income and Expense (including interest expense), net $3 to $5 million - $3 to $5 million Diluted Earnings Per Share $1.08 to $1.22 $0.06 $1.14 to $1.28 Diluted Shares Outstanding * 449 million 9 million 440 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523128806/0001193125-23-128806-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$1,975 to $2,075 million"},{"label":"EPS","value":"$1.08 to $1.22"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"eee8d8c52ce130b5622d101ffd473af56b96537d","claim":"ON SEMICONDUCTOR CORP reported the first quarter ended March 31, 2023 results: revenue $1,959.7 million, net income $461.7, EPS $1.03.","evidence_excerpt":"• Revenue of $1,959.7 million, an increase of 1 percent year-over-year • GAAP and non-GAAP gross margin of 46.8 percent • GAAP operating margin and non-GAAP operating margin of 28.8 percent and 32.2 percent respectively • GAAP diluted earnings per share of $1.03, Non-GAAP diluted earnings per share of $1.19 as compared to $1.22 in the quarter a year ago","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097864/000119312523128806/0001193125-23-128806-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$1,959.7 million"},{"label":"Net income","value":"$461.7"},{"label":"EPS","value":"$1.03"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}