onsemi Q3 Revenue Rises 11% to $1.72 Billion: Super Intelligence Data Center Revenue Up 175% Year over Year
Semiconductor company onsemi (Nasdaq: ON), headquartered in Scottsdale, Arizona, reported third-quarter 2026 results on November 2: revenue of $1.722 billion, up 11% year over year; GAAP gross margin of 41.4% and operating margin of 22.0%; GAAP diluted earnings per share of $0.79 and non-GAAP EPS of $0.90, with GAAP net income of $313.9 million; cash from operations rose 23% to $516 million and free cash flow grew 31% to $489 million, or 28% of revenue.
President and CEO Hassane El-Khoury said increasing power requirements are driving accelerated demand in the company's super intelligence (SI) data center and industrial end markets, with third-quarter revenue, gross margin and EPS exceeding the midpoint of guidance while super intelligence (SI) data center revenue grew 39% sequentially and 175% year over year. EVP and CFO Thad Trent said gross margin expanded for the fifth consecutive quarter, rising 190 basis points sequentially, with EPS growing more than 40% on 11% revenue growth.
On business developments, the company announced an agreement to acquire Ferric, establishing it as a leader in next-generation super intelligence processor power delivery and raising its super intelligence data center 2030 revenue target by $500 million to more than $3 billion; revised the planned Synaptics acquisition to about $5.7 billion in cash, from $7 billion in stock, expected to be immediately accretive to non-GAAP EPS; entered a strategic technology engagement with Subaru on its new Embedded Power Platform (EPP); and saw Sungrow adopt its latest EliteSiC silicon carbide hybrid power module technology.
By segment, Power Solutions Group revenue was $889.9 million, up 21%; Advanced Solutions Group $597.3 million, up 2%; and Intelligent Sensing Group $235.1 million, up 2%. Fourth-quarter guidance calls for revenue of $1.715 billion to $1.815 billion, GAAP gross margin of 41.4% to 43.4% and GAAP diluted EPS of $0.88 to $1.00. onsemi, an S&P 500 company, supplies intelligent power and sensing technologies to automotive, industrial and super intelligence data center markets.
(Source: onsemi)
Source: onsemi
Published by GSM · USA (original Chinese edition)
Photo: 图：半导体晶圆洁净室加工（资料图）。ResearchFrontier 摄，CC BY 4.0，经 Wikimedia Commons。 / Photo: Precision wafer processing in a cleanroom (file photo). Photo by ResearchFrontier, CC BY 4.0, via Wikimedia Commons.
