{
  "url": "https://struct.news/briefs/on-semiconductor-protected-gross-margin-while-manufacturing-charges-erased-operating-profit",
  "title": "ON Semiconductor protected gross margin while manufacturing charges erased operating profit",
  "summary": "Inventory rose 0.1% even as revenue fell 2.4% in the latest reported period.",
  "published_at": "2026-08-03T20:57:37.847879+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "ON Semiconductor Corporation",
    "ticker": "ON",
    "cik": "1097864",
    "sector": "Technology",
    "industry": "Semiconductors"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-05-04",
    "accession": "0001097864-26-000014",
    "url": "https://www.sec.gov/Archives/edgar/data/1097864/000109786426000014/on-20260403.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-11-03",
    "url": "https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 5995400000,
      "display": "$6.0B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001097864-26-000014",
        "filing_date": "2026-05-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -15.346709402312808,
      "display": "-15.3%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001097864-26-000014",
        "filing_date": "2026-05-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 1.404410047703239,
      "display": "+1.4%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001097864-26-000014",
        "filing_date": "2026-05-04"
      }
    }
  ],
  "watch_next": [
    {
      "type": "capital_investment",
      "statement": "Capital spending fell sharply while manufacturing realignment programs generated accelerated depreciation and amortization on abandoned assets.",
      "importance": "medium",
      "evidence": "The decrease of $198.2 million was primarily attributable to a decrease in capital expenditures and a decrease in the payments for acquisition of a business during the quarter ended April 3, 2026.",
      "source_date": "2026-05-04"
    },
    {
      "type": "demand",
      "statement": "AMG revenue and gross profit declined as demand weakened in automotive and other end-markets, while PSG benefited from increased demand.",
      "importance": "medium",
      "evidence": "AMG gross profit decreased by $11.3 million, primarily driven by the decline in demand within the automotive and other end-markets.",
      "source_date": "2026-05-04"
    }
  ],
  "related_tickers": [
    "ON"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}