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Compared to Estimates, ON Semiconductor Corp. (ON) Q3 Earnings: A Look at Key Metrics

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ON Semiconductor Corp. (ON - Free Report) reported $1.72 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 11.1%. EPS of $0.90 for the same period compares to $0.63 a year ago.

The reported revenue represents a surprise of +0.94% over the Zacks Consensus Estimate of $1.71 billion. With the consensus EPS estimate being $0.88, the EPS surprise was +2.27%.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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- End-Markets- Automotive: $776.7 million compared to the $804.71 million average estimate based on three analysts. The reported number represents a change of -1.4% year over year.
  • Revenue- End-Market- AI data center and Others: $478.8 million versus the three-analyst average estimate of $473.1 million. The reported number represents a year-over-year change of +42%.
  • Revenue- End-Markets- Industrial: $466.8 million compared to the $423.4 million average estimate based on three analysts. The reported number represents a change of +9.5% year over year.

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

Shares of ON Semiconductor Corp. have returned -18.4% over the past month versus the Zacks S&P 500 composite's -2.3% 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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