ON Semiconductor(US:ON)2025-05-05 12:34Financial Performance & Guidance - Q1 2025 revenue reached $1.45 billion, a 22% year-over-year decrease[13] - Q1 2025 non-GAAP gross margin was 40.0%, a decrease of 590 bps year-over-year[13] - Q1 2025 non-GAAP diluted EPS was $0.55, a decrease of $0.53 year-over-year[13] - The company anticipates Q2 2025 revenue to be between $1.40 billion and $1.50 billion[23] - The company projects Q2 2025 non-GAAP gross margin to be between 36.5% and 38.5%[23] - The company expects Q2 2025 non-GAAP diluted EPS to be between $0.48 and $0.58[23] Strategic Highlights - Free cash flow increased 72% year-over-year, representing 31% of revenue[10] - The company returned 66% of free cash flow to shareholders through share repurchases[10] - The company completed the acquisition of SiC JFET assets from Qorvo[10] - The company's AI Data Center revenue grew by more than 100% year-over-year[12]