onsemi Reports First Quarter 2025 Results

onsemi announced its first quarter 2025 results. Revenue was $1,445.7 million, with GAAP gross margin and non-GAAP gross margin of 20.3% and 40.0%, respectively. Cash from operations was $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.”