Highlights

  • ON Semiconductor’s Q2FY25 revenue reached USD 1,468.7 million, down 15.4% YoY.
  • Net income for Q2FY25 fell 49.3% YoY to USD 171.7 million.
  • Q3FY25 revenue guidance issued at USD 1.465–1.565 billion.
  • Q3FY25 non-GAAP EPS guidance issued at USD 0.54–0.64.

ON Semiconductor (NASDAQ:ON) develops innovative technologies designed to foster a more sustainable and connected world. With a core focus on the automotive and industrial sectors, the company advances key global trends such as vehicle electrification, enhanced safety, renewable energy infrastructure, industrial automation, and next-generation connectivity powered by 5G and cloud solutions.

In the second quarter of the financial year 2025 (Q2FY25), the company reported revenue of USD 1,468.7 million, down 15.4% year-over-year, primarily due to weaker demand across all business segments and lower average selling prices. Net income for Q2 declined by 49.3% YoY to USD 171.7 million, impacted by reduced gross margins and restructuring-related charges. Cash and cash equivalents decreased 6.1% YoY to USD 2,526.7 million, reflecting share repurchases and capital spending. Net cash provided by operating activities halved to USD 184.3 million during the quarter, owing to lower profitability and working capital adjustments.

Recent Business Update

The company has announced plans to release its financial results for the third quarter ended October 3, 2025. The announcement would take place before the market opens on Monday, November 3, 2025.

Q3 FY25 Outlook

For the third quarter of fiscal year 2025 (Q3FY25), ON Semiconductor expects revenue in the range of USD 1.465 billion to USD 1.565 billion. The company expects a non-GAAP gross margin between 36.5% and 38.5%, and non-GAAP earnings per share (EPS) between USD 0.54 and USD 0.64. ON also reiterated its focus on operational efficiency, projecting non-GAAP operating expenses of USD 280 million to USD 295 million.

Top 10 Shareholders

The top ten shareholders of ON collectively account for approximately 52.94% of the total shareholding, reflecting a concentrated ownership structure. Fidelity Management & Research Company LLC and The Vanguard Group, Inc. hold the largest stakes, at around 13.29% and 12.51%, respectively.

Stock Information

ON Semiconductor shares rose 5.87% over the past month and 31.57% over the past six months. The 52-week high is 76.06 USD and the 52-week low is 31.04 USD.

Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 27 October 2025. The reference data in this report has been partly sourced from EODHD/Others.

Technical Indicators Defined

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.