On Semiconductor Corporation ON

Revenue Intelligence Report • 61 quarters of SEC filing data • Updated 2026-03-06

On Semiconductor Corporation's revenue is significantly driven by its effective SG&A spending, which generates an impressive $12.27 in long-run revenue for every dollar invested. With a strong quarterly revenue of $1.53 billion and a forecasted full-year revenue of $6 billion, reflecting a 2.6% year-over-year growth, the company demonstrates solid financial health and operational efficiency. The model's accuracy, evidenced by a 1.0% error in the holdout test, underscores the reliability of its revenue projections. Investors can be optimistic about the company's strategic spending and growth trajectory in the semiconductor market.

Next FY Revenue
$6.15B
+2.6% YoY
SG&A Multiplier
$12.27 per $1
Model Accuracy
5.0% MAPE
Holdout validation: The model predicted $2B vs the actual $2B — an error of 1.0%.
Note: On Semiconductor Corporation does not report R&D expenses separately. This analysis uses SG&A spending only.

Revenue Forecast

ON Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q1 2026 $2B $2B $1B – $2B -12.0% ✓ In range
Q2 2026 $2B $1B – $2B +4.9%
Q3 2026 $2B $1B – $2B +5.8%
Q4 2026 $2B $1B – $2B -0.4%
Q1 2027 $2B $1B – $2B +0.6%

How Spending Drives Revenue

ON Spending Timing
Reading this chart: Each line shows the cumulative revenue generated per $1 spent over subsequent quarters. The effect builds over 4-5 quarters as investments mature.

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