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AI brief of an SEC Form 8-K · ON Semiconductor (ON)

onsemi Q1 revenue up 5% to $1.51 billion, but GAAP net loss of $33.4 million

Mixed Impact 3 of 5 earnings Written later

onsemi reported first quarter 2026 revenue of $1,513.3 million, up 5% from a year earlier and down 1% from the prior quarter, with non-GAAP diluted earnings per share of $0.64. GAAP results were weaker, with a net loss attributable to the company of $33.4 million, or $0.08 per share, after $329.3 million in restructuring, asset impairments and other charges. The company also guided second quarter 2026 revenue to $1,535 million to $1,635 million.

Key points

  • Q1 2026 revenue of $1,513.3 million, up from $1,445.7 million a year earlier and down from $1,530.1 million in Q4 2025
  • GAAP net loss attributable to the company of $33.4 million, or $0.08 per share, versus net income of $181.8 million in Q4 2025
  • Non-GAAP diluted EPS of $0.64, compared with $0.55 in Q1 2025
  • Share repurchases of $345.7 million in the quarter; Q2 2026 non-GAAP diluted EPS outlook of $0.65 to $0.77

The filing

CompanyON Semiconductor (ON)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:10 PM ET
Accession number0001140361-26-018868

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.