HighGravityDataOnsemi — May 5, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-25-017228
Showing in the filing
Revenue (Total onsemi Non-GAAP)
“$1,400 to $1,500 million”
Period
Q2 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 14
Revenue for Q2 FY2025
“$1,400 to $1,500 million”
Revenue (Total onsemi Non-GAAP) for Q2 FY2025
“$1,400 to $1,500 million”
Gross Margin (Total onsemi GAAP) for Q2 FY2025
“36.4% to 38.4%”
Gross Margin (Total onsemi Non-GAAP) for Q2 FY2025
“36.5% to 38.5%”
Operating Expenses (Total onsemi GAAP) for Q2 FY2025
“$300 to $315 million”
Operating Expenses (Special Items) for Q2 FY2025
“$15 million”
Operating Expenses (Total onsemi Non-GAAP) for Q2 FY2025
“$285 to $300 million”
Other Income and Expense (including interest… for Q2 FY2025
“($11 million)”
Diluted Earnings Per Share (Total onsemi GAAP) for Q2 FY2025
“$0.45 to $0.55”
Diluted Earnings Per Share (Special Items) for Q2 FY2025
“$0.03”
Diluted Earnings Per Share (Total onsemi Non… for Q2 FY2025
“$0.48 to $0.58”
Diluted Shares Outstanding (Total onsemi Non… for Q2 FY2025
“419 million”
Gross Margin (Special Items) for Q2 FY2025
“0.1%”
Non-GAAP effective tax rate for FY2025
“16%”
Exhibit 99.1 · the passage around this item
… earlier in the release
“We continue to see strong design win momentum, driven by the industry-leading performance of our products and have secured key wins with major global customers across all end-markets.”
Selected financial results for the quarter are shown below with comparable periods (unaudited):
GAAP
Non-GAAP
(Revenue and Net Income (Loss) in millions)
Q1 2025
Q4 2024
Q1 2024
Q1 2025
Q4 2024
Q1 2024
Revenue
$1,445.7
$1,722.5
$1,862.7
$1,445.7
$1,722.5
$1,862.7
Gross Margin
20.3
%
45.2
%
45.8
%
40.0
%
45.3
%
45.9
%
Operating Margin
(39.7
) %
23.7
%
28.2
%
18.3
%
26.7
%
29.0
%
Net Income (Loss) attributable to ON Semiconductor Corporation
($486.1
)
$379.9
$453.0
$231.6
$404.2
$464.5
Diluted Earnings (Loss) Per Share
($1.15
)
$0.88
$1.04
$0.55
$0.95
$1.08
Revenue Summary
(in millions)
(Unaudited)
Quarters Ended
Business Segment
Q1 2025
Q4 2024
Q1 2024
Sequential
Change
Year-over-
Year Change
PSG
$
645.1
$
809.4
$
874.2
(20
) %
(26
) %
AMG
566.4
610.6
697.0
(7
) %
(19
) %
ISG
234.2
302.5
291.5
(23
) %
(20
) %
Total
$
1,445.7
$
1,722.5
$
1,862.7
(16
) %
(22
) %
SECOND QUARTER 2025 OUTLOOK
The following table outlines onsemi’s projected second quarter of 2025 GAAP and non-GAAP outlook.
Total onsemi
GAAP
Special
Items **
Total onsemi
Non-GAAP***
Revenue
$1,400 to $1,500 million
-
$1,400 to $1,500 million
Gross Margin
36.4% to 38.4%
0.1%
36.5% to 38.5%
Operating Expenses
$300 to $315 million
$15 million
$285 to $300 million
Other Income and Expense (including interest), net
($11 million)
-
($11 million)
Diluted Earnings Per Share
$0.45 to $0.55
$0.03
$0.48 to $0.58
Diluted Shares Outstanding *
419 million
-
419 million
*
Diluted shares outstanding can vary as a result of, among other things, the vesting of restricted stock units, the incremental dilutive
shares from the convertible notes, and the repurchase or the issuance of stock or convertible notes or the sale of treasury shares. In periods when the quarterly average stock price per share exceeds $52.97 for the 0% Notes, and $103.87 for
the 0.50% Notes, the non-GAAP diluted share count and non-GAAP net income per share include the anti-dilutive impact of the hedge tra
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.