On Semiconductor Fourth-Quarter Sales Fall on Persistent Weakness in Power, Analog Units
On Semiconductor's revenue fell 11% to $1.53 billion in the fourth quarter, as its two biggest business units continue to post sales declines.
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On Semiconductor's revenue fell 11% to $1.53 billion in the fourth quarter, as its two biggest business units continue to post sales declines.

Chipmaker Onsemi missed Wall Street estimates for fourth-quarter revenue on Monday, with its business segments declining as much as 17%, hurt by a persistent inventory glut.

Here's a look at the key figures from the quarter.

SCOTTSDALE, Ariz., Feb. 09, 2026 (GLOBE NEWSWIRE) -- onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal year 2025 results: Results Highlights: Fourth quarter revenue of $1,530 million Fourth quarter GAAP gross margin and non-GAAP gross margin of 36.0% and 38.2%, respectively Fourth quarter GAAP operating margin and non-GAAP operating margin of 13.1% and 19.8%, respectively Fourth quarter GAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.45 and $0.64, respectively 2025 cash from operations of $1.8 billion and free cash flow of $1.4 billion, achieving record high free cash flow margin of 24% “We remained disciplined in our execution and met expectations in the fourth quarter as we saw increasing signs of stabilization in our key markets,” said Hassane El-Khoury, President and CEO, onsemi.

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ON Semiconductor is scheduled to report Q4 results on Feb. 9, with revenues expected to be in the range of $1.48-$1.58B, as AI data center gains meet margin pressure.

SCOTTSDALE, Ariz., Jan. 23, 2026 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ON) plans to announce its financial results for the fourth quarter and full year, which ended December 31, 2025, after market closes on Monday, February 9, 2026.
ON Semiconductor remains a buy as signs suggest the worst of its financial downturn is over. ON is positioned for a potential restocking cycle and benefits from long-term secular tailwinds in intelligent power and sensing. ON's aggressive buybacks—returning nearly 100% of free cash flow as well as a $6B buyback program in place—reinforce its cyclical recovery thesis.

Intel (INTC) surged 11% ahead of its Q4 earnings release, with the sector broadly higher. Paramount Skydance (PSKY) extended its Warner Bros.

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MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, and beaten-down REITs that offer solid income and turnaround potential. Part 6 of this series includes Nebius Group, Nvidia, ON Semiconductor, PayPal and Perpetua Resources.

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Merck (MRK) is reportedly in talks to acquire Revolution Medicines (RVMD) for $28-$32 billion or more. This acquisition aims to strengthen MRK's oncology pipeli
Semiconductor stocks start out 2026 with powerful tailwinds in their corner after vastly outperforming in 2025, but these tailwinds have the potential to turn into headwinds. The semiconductor sector continues to do better than most, although lately gains are driven by fewer stocks with many more lagging behind. Artificial intelligence or AI continues to underpin the semiconductor sector, but there are increasingly undesirable developments to be found.

Major stock indexes ended lower Monday, with technology shares leading declines, and precious metals retreated from record highs to commence a holiday-shortened week with no significant corporate earnings on tap.

Evercore ISI has great expectations next year for ON Semiconductor. Onsemi's new product launch and recent acquisition could provide catalysts for the stock in 2026.

GXO is a logistics company that's the future of e-commerce warehousing. Zebra Technologies is a data capture company set for a cyclical recovery, with an AI-driven product upgrade in progress.

Collaboration expands onsemi's power portfolio to include high-performance 650V lateral GaN solutions for AI data centers, automotive, aerospace, and other critical markets Collaboration expands onsemi's power portfolio to include high-performance 650V lateral GaN solutions for AI data centers, automotive, aerospace, and other critical markets