onsemi announced its first quarter 2025 results with the following highlights:
- Revenue of $1,445.7 million
- GAAP gross margin and non-GAAP gross margin of 20.3% and 40.0%, respectively
- GAAP operating margin and non-GAAP operating margin of (39.7)% and 18.3%, respectively
- GAAP diluted loss per share and non-GAAP diluted earnings per share of $(1.15) and $0.55, respectively
- Cash from operations of $602 million with free cash flow of $455 million, increasing 72% year-over-year to 31% of revenue
“Our results in the first quarter reflect the disciplined approach we have maintained through this downturn – managing our cost structure, right-sizing our manufacturing footprint, and rationalizing our portfolio – enabling us to generate increased free cash flow. We are committed to long-term value creation and we are accelerating our capital return to shareholders while investing in our future growth,” said Hassane El-Khoury, president and CEO, onsemi. “We continue to see strong design win momentum, driven by the industry-leading performance of our products and have secured key wins with major global customers across all end-markets.”
Original – onsemi