ON Semiconductor(US:ON) 智通财经网·2025-08-04 13:35Core Viewpoint - ON Semiconductor reported Q2 revenue of $1.47 billion, exceeding market expectations but down 15.5% year-over-year. Non-GAAP adjusted earnings per share were $0.53, consistent with market expectations [1][2]. Financial Performance - Q2 2025 revenue was $1,468.7 million, compared to $1,735.2 million in Q2 2024, reflecting a 15.5% decline [2]. - Gross margin for Q2 was 37.6%, down from 45.2% in the same quarter last year [2]. - Operating margin was 13.2%, a significant drop from 22.4% year-over-year [2]. - Net income attributable to ON Semiconductor was $170.3 million, recovering from a loss of $486.1 million in Q1 2025 [2]. - Diluted earnings per share were $0.41 under GAAP and $0.53 under Non-GAAP, compared to $0.78 in Q2 2024 [2]. Future Outlook - The company expects Q3 revenue to be in the range of $1.47 billion to $1.57 billion, with earnings per share projected between $0.54 and $0.64 [3]. - CEO Hassan El-Houry stated that the ongoing transformation is leading to a more predictable business model, indicating confidence in long-term value creation and market recovery [3][4].