Onsemi — Aug 3, 2026 release

  Total onsemi GAAP   Special Items **   Total onsemi Non-GAAP*** Revenue $1,650 to $1,750 million   -   $1,650 to $1,750 million Gross Margin 39.9% to 41.9%   0.1%   40.0% to 42.0% Operating Expenses $318 to $333 million   $15 million   $303 to $318 million Other Income and Expense (including interest), net ($18 million)   -   ($18 million) Diluted Earnings Per Share $0.79 to $0.91   $0.02   $0.81 to $0.93 Diluted Shares Outstanding * 402 million   7 million   395 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, $103.87 for the 0.50% Notes, and $161.30 for the 2031 0% 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, the 0.50% Notes, and the 2031 0% Notes, respectively. At an average stock price per share between $52.97 and $74.34 for the 0% Notes, $103.87 and $156.78 for the 0.50% Notes, and $161.30 and $211.54 for the 2031 0% Notes, the hedging activity offsets the potentially