ON Semiconductor Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of ON Semiconductor Corporation (ON). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| PSG | $2.61B 49.6% | $3.44B 51.0% · +32.0% | $3.47B 41.6% · +0.8% | $3.88B 47.0% · +11.9% | $3.35B 47.3% · -13.7% | $2.81B 46.8% · -16.2% |
| AMG | – | – | $3.58B 43.0% | $3.06B 37.0% · -14.7% | $2.61B 36.8% · -14.7% | $2.26B 37.7% · -13.3% |
| ISG | $738.5M 14.1% | $900.8M 13.4% · +22.0% | $1.28B 15.3% · +41.7% | $1.32B 15.9% · +3.0% | $1.13B 15.9% · -14.5% | $928.4M 15.5% · -17.5% |
| ASG | $1.91B 36.4% | $2.40B 35.6% · +25.6% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Hong Kong | $1.31B 25.0% | $1.83B 27.1% · +39.4% | $2.32B 27.8% · +26.6% | $2.17B 26.3% · -6.4% | $1.78B 25.1% · -18.0% | $1.63B 27.3% · -8.1% |
| United Kingdom | $805.9M 15.3% | $1.12B 16.7% · +39.4% | $1.49B 17.9% · +32.8% | $1.75B 21.2% · +17.5% | $1.64B 23.1% · -6.6% | $1.35B 22.5% · -17.8% |
| Singapore | $1.80B 34.2% | $2.10B 31.1% · +16.6% | $2.13B 25.6% · +1.7% | $1.94B 23.5% · -9.1% | $1.73B 24.5% · -10.6% | $1.25B 20.9% · -27.7% |
| United States | $728.6M 13.9% | $931.6M 13.8% · +27.9% | $1.46B 17.6% · +57.2% | $1.57B 19.1% · +7.4% | $1.31B 18.5% · -16.9% | $1.23B 20.5% · -5.9% |
| Other | $609.4M 11.6% | $758.2M 11.2% · +24.4% | $919.5M 11.0% · +21.3% | $818.5M 9.9% · -11.0% | $624.5M 8.8% · -23.7% | $530.6M 8.9% · -15.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Product Sales | $5.23B 99.5% | $6.58B 97.6% · +25.8% | $8.17B 98.1% · +24.1% | $7.99B 96.8% · -2.2% |
| Manufacturing Services | – | $141.8M 2.1% | $139.9M 1.7% · -1.3% | $248.1M 3.0% · +77.3% |
| Product development agreements | $27.2M 0.5% | $19.9M 0.3% · -26.8% | $20.1M 0.2% · +1.0% | $16.5M 0.2% · -17.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.