On (ONON)
Builds performance footwear and sportswear around running technology and athlete-tested design.
$30.32
vs last close+0.92 (+3.15%)
In millions of USD, except per-share figures · converted from CHF at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 582 | 541 | 615 | 688 | 770 | 735 | 880 | 907 | 962 | 894 | 1,030 | 1,030 |
| Cost of revenue | 233 | 214 | 248 | 275 | 303 | 278 | 353 | 349 | 330 | 323 | 368 | 357 |
| Gross profit | 348 | 327 | 367 | 412 | 467 | 456 | 527 | 558 | 632 | 571 | 662 | 673 |
| 278 | 278 | 321 | 355 | 379 | 392 | 434 | 446 | 482 | 472 | 516 | 528 | |
| Research & development | 0 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 278 | 1,036 | 321 | 355 | 379 | 392 | 434 | 446 | 481 | 472 | 516 | 528 | |
| Selling & marketing | 184 | 689 | 202 | 221 | 226 | 239 | 0 | 286 | 0 | 0 | 0 | 0 |
| General & administrative | 94 | 347 | 119 | 134 | 153 | 153 | 0 | 160 | 0 | 0 | 0 | 528 |
| Other expenses | 0 | −769 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 70 | 49 | 47 | 57 | 88 | 64 | 93 | 112 | 151 | 99 | 145 | 145 |
| 14 | −104 | 94 | −6 | −52 | 47 | −16 | −170 | −7 | −15 | −2 | 8 | |
| Interest income | 1 | 5 | 7 | 7 | 7 | 8 | 9 | 9 | 10 | 10 | 9 | 14 |
| Interest expense | 4 | 5 | 6 | 7 | 8 | 7 | 7 | 9 | 10 | 9 | 10 | 10 |
| Other non-operating income | −18 | 0 | −100 | 0 | 44 | −45 | 9 | 162 | −2 | 6 | −8 | 0 |
| Income before tax | 84 | −54 | 140 | 52 | 36 | 111 | 77 | −57 | 144 | 84 | 144 | 152 |
| Income tax expense | 13 | −22 | 30 | 14 | −1 | 2 | 9 | −8 | 0 | 1 | 16 | 25 |
| Net income from continuing operations | 71 | −32 | 111 | 37 | 37 | 108 | 69 | −50 | 144 | 83 | 128 | 127 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 71 | −32 | 111 | 37 | 37 | 109 | 69 | −50 | 144 | 83 | 128 | 127 |
| EPS, basic | $0.23 | −$0.10 | $0.34 | $0.11 | $0.11 | $0.31 | $0.21 | −$0.15 | $0.44 | $0.25 | $0.39 | $0.38 |
| EPS, diluted | $0.23 | −$0.10 | $0.34 | $0.11 | $0.11 | $0.31 | $0.21 | −$0.15 | $0.44 | $0.25 | $0.38 | $0.38 |
| Weighted average shares, basic | 319 | 319 | 322 | 327 | 339 | 339 | 339 | 339 | 334 | 330 | 332 | 334 |
| Weighted average shares, diluted | 324 | 319 | 327 | 327 | 339 | 339 | 339 | 339 | 334 | 334 | 336 | 336 |
| EBITDA | 108 | 57 | 173 | 89 | 77 | 144 | 119 | −11 | 192 | 135 | 198 | 159 |
| Depreciation & amortization | 20 | 8 | 27 | 32 | 33 | 35 | 34 | 39 | 39 | 41 | 44 | 15 |
| EBIT | 88 | 49 | 146 | 57 | 44 | 109 | 85 | −50 | 153 | 94 | 154 | 144 |