ON Semiconductor | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 1.551 B

Revenue: As of FY2025 Q3, the actual value is USD 1.551 B, beating the estimate of USD 1.517 B.

EPS: As of FY2025 Q3, the actual value is USD 0.63, beating the estimate of USD 0.5358.

EBIT: As of FY2025 Q3, the actual value is USD 259.4 M.

Segment Revenue

• Power Solutions Group (PSG): $737.6 million, a 6% sequential increase but an 11% year-over-year decrease.
• Analog and Mixed-Signal Group (AMG): $583.3 million, a 5% sequential increase but an 11% year-over-year decrease.
• Intelligent Sensing Group (ISG): $230.0 million, a 7% sequential increase but an 18% year-over-year decrease.

Operational Metrics

• Net Income: $255.0 million, compared to $170.3 million in Q2 2025 and $401.7 million in Q3 2024.
• Gross Margin: GAAP gross margin of 37.9% and non-GAAP gross margin of 38.0%.
• Operating Income: $264.4 million, compared to $193.4 million in Q2 2025 and $445.4 million in Q3 2024.
• Operating Margin: GAAP operating margin of 17.0% and non-GAAP operating margin of 19.2%.

Cash Flow

• Operating Cash Flow: $418.7 million.
• Free Cash Flow: $372.4 million, representing 24% of revenue and a 22% year-over-year growth.

Unique Metrics

• Share Repurchases: Year-to-date share repurchases of $925 million, approximately 100% of free cash flow.

Outlook / Guidance

• Revenue: Projected to be between $1,480 million and $1,580 million for Q4 2025.
• Gross Margin: Expected to range from 36.9% to 38.9% on a GAAP basis and 37.0% to 39.0% on a non-GAAP basis.
• Operating Expenses: Anticipated to be between $296 million and $311 million on a GAAP basis and $282 million to $297 million on a non-GAAP basis.