Onsemi — May 4, 2026 release

    Total onsemi GAAP   Special Items **   Total onsemi Non-GAAP*** Revenue   $1,535 to $1,635 million   -   $1,535 to $1,635 million Gross Margin   37.9% to 39.9%   0.1%   38.0% to 40.0% Operating Expenses   $302 to $317 million   $15 million   $287 to $302 million Other Income and Expense (including interest), net   ($6 million)   -   ($6 million) Diluted Earnings Per Share   $0.60  to $0.72   $0.05   $0.65  to $0.77 Diluted Shares Outstanding *   401 million   7 million   394 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 transactions entered concurrently with the 0% Notes, and the 0.50% Notes, respectively. At an average stock price per share between $52.97 and $74.34 for the 0% Notes, and $103.87 and $