ON Semiconductor Corporation (ON) Earnings Call Transcripts

ON Semiconductor Corporation's Latest Earnings Call - September 16, 2026

In the third quarter of fiscal 2026, ON Semiconductor Corporation (ON:US) reported a revenue of $2.5 billion, reflecting a robust growth trajectory driven by advancements in AI and power solutions. The company emphasized its strategic focus on high-voltage technologies, particularly in the AI data center segment, where it anticipates doubling its revenue to $500 million by the end of 2026. Management provided optimistic guidance, projecting a long-term growth rate of at least 10% above market estimates through 2030, indicating strong confidence in its competitive positioning and product innovations.

Reported metrics

Guidance from management

Management expects to achieve a revenue growth rate of 12% to 14% through 2030, driven by strong demand in AI, automotive, and industrial sectors. They anticipate significant revenue growth in the AI data center segment, projecting it to exceed $2.5 billion by 2030.

What management said

But like you said, a lot of the high voltage is going to drive the growth. We're expecting about -- there's a penetration rate, right? The 800-volt is not going to go the switch and it's going to be 100%. So there's that progression along with the timing. So if we -- as we get closer, we see the higher than the 40 baseline that we picked that we're going to grow 10% above that. We've proven it over the last few years...

pricing, increasing. Yes, I was thinking pricing in terms of margin. So yes, so in the last couple of calls, we've talked about -- and we've been very clear, we're raising pricing, right? We're raising pricing with our customers. We're in our second round that is to offset the input costs that are already hitting us today, right? So that will be a tailwind to margins over the short term. So I think you'll see that im...

What analysts pressed on

Analysts expressed concerns regarding the timing of the transition to 800-volt data centers, questioning how this might impact growth projections. There were also inquiries about the competitive landscape and the scalability of new technologies like EPP and vertical GaN.

Main topics on the call

• AI Data Center Growth — Management highlighted that the AI data center segment is expected to double its revenue from $500 million in 2026 to over $2.5 billion by 2030. They stated, "In 2026, we are going to more than double the AI data center ...
• High-Voltage Technology Advancements — The introduction of high-voltage solutions, including vertical GaN technology, is positioned as a key differentiator in the market. Management noted, "We are the only company that is able to optimize across the complete ...
• EPP Platform Launch — The Embedded Power Platform (EPP) was introduced as a breakthrough technology that integrates multiple functionalities, enhancing power density and efficiency. Management stated, "EPP is the only platform today that is a...
• Revenue Growth Guidance — Management provided long-term revenue growth guidance of 12% to 14%, driven by strong demand across automotive, industrial, and AI sectors. They stated, "We will grow our revenue on the AIDC segment at least 50%" if the ...

Read the full ON Semiconductor Corporation transcript (September 16, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 90 ON Semiconductor Corporation earnings call transcripts on record, spanning January 7, 2020 to September 16, 2026. Based on this history, ON Semiconductor Corporation reports quarterly. The most recent call on file is dated September 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ON

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

90

First call

January 7, 2020

Most recent

September 16, 2026

Reporting cadence

quarterly