ON · 10-Q · 2026Q4 · Full report

Revenue Performance and Mix

ON SEMICONDUCTOR CORP · 2026-11-02 · Importance 53 · Surprise 40 · Contradicted

Quarterly revenue increased 11% year over year to $1,722.3 million, while nine-month revenue rose 8% to $4,839.1 million. PSG revenue increased 21% in the quarter and 18% for nine months, including nine-month AI data center growth of $153.6 million; AMG nine-month revenue decreased 1%, while ISG increased 3%. PSG’s share of quarterly revenue rose to 51.6% from 47.6%, while AMG’s share declined to 34.7% from 37.6%.

Key facts

• ON Semiconductor's revenue increased 11% year over year to $1,722.3 million in the quarter ended October 2, 2026, with higher demand in industrial, AI data center and other end-markets partly offset by lower automotive volume as supply was reallocated. source
• In the quarter, PSG revenue rose $152.3 million, or approximately 21%, driven by demand increases of $64.9 million in industrial, $71.3 million in AI data center and $31.4 million in other end-markets, partially offset by a $15.3 million automotive decrease. source
• ON Semiconductor's nine-month revenue increased approximately 8% to $4,839.1 million, reflecting higher demand across substantially all end-markets. source
• In the quarter, AMG revenue increased $14.0 million, or approximately 2%; automotive and AI data center demand added $18.4 million and $43.3 million, while industrial and other declined $41.6 million and $6.1 million. source
• In the quarter, ISG revenue increased $5.1 million, or approximately 2%, as industrial and other added $17.2 million and $1.6 million, offset by a $13.7 million automotive decline. source

Impact estimates