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Here's What Key Metrics Tell Us About ON Semiconductor Corp. (ON) Q2 Earnings

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ON Semiconductor Corp. (ON - Free Report) reported $1.6 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 9.2%. EPS of $0.74 for the same period compares to $0.53 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.59 billion, representing a surprise of +1.1%. The company delivered an EPS surprise of +2.78%, with the consensus EPS estimate being $0.72.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how ON Semiconductor Corp. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Market- Automotive: $781.3 million versus the four-analyst average estimate of $799.97 million. The reported number represents a year-over-year change of +6.6%.
  • Revenue- Market- Others: $399.5 million compared to the $347.13 million average estimate based on four analysts. The reported number represents a change of +21.3% year over year.
  • Revenue- Market- Industrial: $422.7 million versus $439.55 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.1% change.

View all Key Company Metrics for ON Semiconductor Corp. here>>>

Shares of ON Semiconductor Corp. have returned -10.5% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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