ON Semiconductor(US:ON)2025-11-03 14:00Q3 2025 Financial Highlights - Revenue reached $1.55 billion, a 6% increase quarter-over-quarter[15] - Gross margin was 38.0%, a 40 bps increase quarter-over-quarter[15] - Operating margin was 19.2%, a 190 bps increase quarter-over-quarter[15] - Diluted EPS was $0.63, a $0.10 increase quarter-over-quarter[15] - Last Twelve Months (LTM) Free Cash Flow (FCF) margin was 21.9%, an 815 bps increase year-over-year[15] Revenue Breakdown by Market - Automotive revenue was $787 million, a 7% increase quarter-over-quarter[15] - Industrial revenue was $426 million, a 5% increase quarter-over-quarter[15] - Other revenue was $337 million, a 2% increase quarter-over-quarter[15] Q4 2025 Guidance - Revenue is projected to be between $1.48 billion and $1.58 billion (GAAP and Non-GAAP)[27] - GAAP gross margin is expected to be between 36.9% and 38.9%, while Non-GAAP gross margin is expected to be between 37.0% and 39.0%[27] - GAAP EPS is projected to be between $0.56 and $0.66, while Non-GAAP EPS is projected to be between $0.57 and $0.67[27] Financial Targets - The company is targeting revenue growth at approximately 3 times the semiconductor industry growth rate[92] - The company is targeting a gross margin of 53%[45, 92] - The company is targeting free cash flow margin between 25% and 30%[46, 92]