NYSE · ONON
On Holding AG financials
$29.55−1.50%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $3.80B | $2.57B | $2.13B | $1.32B | $794.8M |
| Gross profit | $2.39B | $1.56B | $1.27B | $740.8M | $472.0M |
| Gross margin | 62.8% | 60.6% | 59.6% | 56.0% | 59.4% |
| Operating income | $475.2M | $234.1M | $214.4M | $92.0M | -$154.8M |
| Net income | $256.7M | $268.2M | $94.6M | $55.6M | -$171.1M |
| Net margin | 6.8% | 10.5% | 4.4% | 4.2% | −21.5% |
| Diluted EPS | $0.77 | $0.82 | $0.30 | $0.20 | $-0.65 |
| EBITDA | $635.7M | $349.9M | $291.6M | $142.2M | -$120.3M |
| Operating cash flow | $453.0M | $565.4M | $276.1M | -$245.5M | $18.5M |
| Free cash flow | $361.2M | $498.4M | $225.2M | -$310.8M | -$8.4M |
| Diluted shares | 350.8M | 358.3M | 356.9M | 284.5M | 264.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.29B | $1.02B | $588.1M | $401.3M | $716.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $33.7M | $22.0M |
| Total assets | $3.57B | $2.63B | $1.89B | $1.50B | $1.36B |
| Total liabilities | $1.52B | $1.09B | $616.7M | $446.5M | $425.6M |
| Shareholders' equity | $2.06B | $1.54B | $1.28B | $1.05B | $930.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology