ON Semiconductor (ON) Revenue — Quarter Ended Dec 31, 2024
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The decrease from the prior quarter was smaller than the decline from the year-ago period.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The decrease from the prior quarter was smaller than the decline from the year-ago period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
-2.2%
Change from the immediately preceding quarter.
Year-over-year
-14.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 29, 2024 | $1.9B | -4.9% |
| Jun 28, 2024 | $1.7B | -17.2% |
| Sep 27, 2024 | $1.8B | -19.2% |
| Dec 31, 2024 | $1.7B | -14.6% |
Revenue performance
The reported revenue direction was downward, continuing a pattern of year-over-year declines observed in recent quarters.
Quarterly comparison
Revenue was lower than the immediately preceding quarter and also lower than the same quarter one year earlier. The sequential decline was less pronounced than the year-over-year drop.
What to watch
Monitor whether the narrowing sequential decline signals a potential stabilization in revenue trends.