Quarterly Investor Presentation First Quarter 2025 © onsemi 2025 | Public Information | 1 © onsemi 2025 | Public Information Safe Harbor Statement and Non-GAAP and Forecast Information This presentation includes "forward-looking statements," as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this presentation could be deemed ...

Financial Performance - Revenue for Q1 2025 was $1,445.7 million, a decrease of 16% sequentially and 22% year-over-year[2]. - Operating loss was $573.7 million, with a GAAP operating margin of (39.7)% compared to 23.7% in Q4 2024[2]. - Net loss attributable to ON Semiconductor Corporation was $486.1 million, resulting in a diluted loss per share of $(1.15)[3]. - Net income for the quarter was a loss of $485.2 million, compared to a profit of $379.8 million in the same quarter last year[20]. - GAAP net income for the quarter ended April 4, 2025, was $(486.1) million, compared to $379.9 million for the previous quarter[25]. - Non-GAAP net income attributable to ON Semiconductor Corporation for the quarter ended April 4, 2025, was $231.6 million, a decrease from $404.2 million in the previous quarter[25]. Margins and Profitability - GAAP gross margin was 20.3%, down from 45.2% in Q4 2024 and 45.8% in Q1 2024; non-GAAP gross margin was 40.0%[3]. - Non-GAAP gross profit was $578.5 million, down from $780.7 million, reflecting a decrease of 26% year-over-year[22]. - Non-GAAP operating income was $264.0 million, down from $459.4 million, indicating a decline of approximately 42.5% year-over-year[22]. - Total special items impacting GAAP net income for the quarter included $717.7 million in restructuring-related charges[25]. Cash Flow and Shareholder Returns - Free cash flow increased by 72% year-over-year to $455 million, representing 31% of revenue[3]. - The company returned 66% of its first quarter free cash flow to stockholders through share repurchases[1]. - Free cash flow for the quarter ended April 4, 2025, was $454.7 million, up from $422.4 million in the previous quarter[29]. - Cash flows from operating activities generated $602.3 million, an increase from $579.7 million in the previous year[20]. - Net cash provided by operating activities for the quarter ended April 4, 2025, was $602.3 million, an increase from $579.7 million in the previous quarter[29]. Assets and Liabilities - Total assets decreased to $13,253.9 million from $14,089.8 million, a decline of approximately 5.9% year-over-year[18]. - Total liabilities decreased to $5,205.0 million from $5,275.3 million, a reduction of approximately 1.3% year-over-year[18]. - Ending cash, cash equivalents, and restricted cash increased to $2,765.2 million from $2,693.4 million, marking a rise of 2.7%[20]. Future Projections - Projected revenue for Q2 2025 is expected to be between $1,400 million and $1,500 million[6]. - Projected GAAP gross margin for Q2 2025 is estimated to be between 36.4% and 38.4%[6]. - The company expects to maintain a normalized non-GAAP effective tax rate of 16% through 2025[36]. Strategic Focus - The company continues to see strong design win momentum with major global customers across all end-markets[1]. - onsemi is focused on long-term value creation while investing in future growth opportunities[1]. Stock Repurchase and Compensation - The company repurchased common stock worth $300.1 million during the quarter, compared to $204.1 million in the same quarter last year[20]. - Share-based compensation totaled $33.9 million for the quarter ended April 4, 2025, compared to $38.1 million in the previous quarter[28].

Group 1 - ON Semiconductor Corporation is set to release its first-quarter earnings results on May 5, with analysts expecting earnings of 50 cents per share, a decrease from $1.08 per share in the same period last year [1] - The projected quarterly revenue for ON Semiconductor is $1.4 billion, down from $1.86 billion a year earlier [1] - ON Semiconductor has ceased its acquisition efforts for Allegro MicroSystems, withdrawing its cash proposal of $35.10 per share due to the lack of an actionable path forward [2] Group 2 - ON Semiconductor shares increased by 5.8%, closing at $41.91 on the last trading day [2] - Analysts have provided various ratings and price target adjustments for ON Semiconductor, with Stifel lowering its target from $52 to $42, Citigroup from $52 to $40, Keybanc from $60 to $55, Mizuho from $71 to $62, and Needham maintaining a target of $57 [8]

On Semiconductor (ON) is slated to release its first-quarter 2025 results on May 5.For first-quarter 2025, ON expects revenues between $1.35 billion and $1.45 billion. Earnings are expected to be in the range of 45-55 cents per share.The Zacks Consensus Estimate for first-quarter 2025 earnings is pegged at 51 cents per share, unchanged in the past 30 days. This indicates a decline of 52.78% from the figure reported in the year-ago quarter.The consensus mark for revenues is pegged at $1.41 billion, suggestin ...

Analysts on Wall Street project that ON Semiconductor Corp. (ON) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 52.8% year over year. Revenues are projected to reach $1.41 billion, declining 24.6% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Be ...

Group 1 - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm offers comprehensive services including market and security research, business valuation, and wealth management [1] - The flagship Macroquantamental Hedge Fund maintains a diversified portfolio across various asset classes, geographies, sectors, and industries [1] Group 2 - The investment approach integrates top-down and bottom-up analysis, blending global macro, fundamental, and quantitative strategies [1] - Core expertise lies in disruptive technologies such as Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

The most recent trading session ended with ON Semiconductor Corp. (ON) standing at $39.63, reflecting a -0.84% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.74% for the day. On the other hand, the Dow registered a gain of 0.05%, and the technology-centric Nasdaq increased by 1.26%.Shares of the semiconductor components maker witnessed a loss of 8.68% over the previous month, trailing the performance of the Computer and Technology sector wit ...

In the latest market close, ON Semiconductor Corp. (ON) reached $34.64, with a +1.14% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.13%. At the same time, the Dow lost 1.33%, and the tech-heavy Nasdaq lost 0.13%.Shares of the semiconductor components maker have depreciated by 21.41% over the course of the past month, underperforming the Computer and Technology sector's loss of 9.27% and the S&P 500's loss of 6.3%.The investment community will b ...

As part of the measures, the government will subsidize the construction of underground power transmission lines to semiconductor clusters, as well as increase the funding ratio for infrastructure in advanced industrial complexes to 50% from 30%. A total of 20 trillion won of low-interest loans to semiconductor companies will be offered between 2025 and 2027, up from the current 17 trillion won. Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) ...

Group 1 - The U.S. plans to impose specific tariffs on imported semiconductors and chips, with rates to be announced within the week [1] - The objective of the tariffs is to simplify trade in the semiconductor sector and encourage domestic production [2] - In January, the U.S. had a negative trade balance in the semiconductor sector of $322 million, with exports of $521 million and imports of $843 million [4] Group 2 - The U.S. government is not planning to exempt electronics from China from existing tariffs, which remain at 20%, while reciprocal tariffs from China have increased to 145% [6] - The U.S. is considering additional specific tariffs on drugs and pharmaceuticals to promote domestic production and reduce reliance on foreign suppliers [7] - The administration emphasizes the need to manufacture products domestically to avoid being dependent on hostile trading nations like China [8]