{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-120128","form_type":"8-K","ticker":"ON","cik":"0001097864","company_name":"ON SEMICONDUCTOR CORP","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.274717+00:00","generated_at":"2026-06-03T05:23:04.978095+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ON Semi Q1 results exceed expectations; revenue $1.86B, GAAP EPS $1.04, free cash flow up 3x YoY","bullets":["Revenue $1,862.7M, down 5% YoY; GAAP diluted EPS $1.04, non-GAAP $1.08.","GAAP gross margin 45.8%, operating margin 28.2%; non-GAAP gross margin 45.9%, operating margin 29.0%.","Free cash flow improved ~3x YoY; returned ~100% of FCF to shareholders via buybacks over last 12 months.","Segment: PSG $874.2M (+2% YoY), AMG $697.0M (-6% YoY), ISG $291.5M (-18% YoY).","Q2 2024 outlook: revenue $1,680-1,780M, GAAP EPS $0.82-0.94, non-GAAP EPS $0.86-0.98."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-120128","json":"https://secwatch.observer/filing/0001193125-24-120128.json","markdown":"https://secwatch.observer/filing/0001193125-24-120128.md","text":"https://secwatch.observer/filing/0001193125-24-120128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097864/000119312524120128/0001193125-24-120128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097864/000119312524120128/d806921d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:23:04.978095+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":"931f959dd70a2689bde204905d5786a9f61cf34b","claim":"ON SEMICONDUCTOR CORP reported first quarter ended March 29, 2024 results: revenue $1,862.7 million, net income $453.0, EPS $1.04.","evidence_excerpt":"SCOTTSDALE, Ariz, – Apr 29, 2024 – onsemi (the “Company”) (Nasdaq: ON) today announced results for the first quarter of 2024 with the following highlights: • Revenue of $1,862.7 million • GAAP gross margin and non-GAAP gross margin of 45.8 percent and 45.9 percent, respectively • GAAP operating margin and non-GAAP operating margin of 28.2 percent and 29.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097864/000119312524120128/0001193125-24-120128-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 29, 2024"},{"label":"Revenue","value":"$1,862.7 million"},{"label":"Net income","value":"$453.0"},{"label":"EPS","value":"$1.04"},{"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"}