On Holding (ONON) Income Statement

On Holding reported revenue of CHF 3.01B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 30.0% from CHF 2.32B a year earlier. Net income was CHF 203.70M, down 15.9% year over year, a net margin of 6.8%. Gross margin was 62.8% and operating margin 12.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CHF 850.30M, up 13.5% from the same quarter a year earlier.

On Holding Income Statement Analysis

Values in billions CHF

Income Statement Balance Sheet Cash Flow Ratios

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On Holding AG income statement - Annual data in billions CHF
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	3.01	2.32	1.79	1.22	0.72	0.43	0.27
Cost of Revenue	1.12	0.91	0.72	0.54	0.29	0.19	0.12
Gross Profit	1.89	1.41	1.07	0.68	0.43	0.23	0.14
Operating Expenses
Research & Development	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Selling, General & Administrative	1.52	1.19	0.86	0.60	0.57	0.25	0.14
Operating Expenses	1.52	1.19	0.89	0.60	0.57	0.25	0.14
Operating Income	0.38	0.21	0.18	0.09	-0.14	-0.02	0.01
Other Income/Expense
Interest Income	0.03	0.02	0.01	0.01	0.00	0.00	0.00
Interest Expense	0.02	-0.02	0.01	0.01	0.00	0.00	0.00
Other Income/Expense	-0.17	0.07	-0.11	-0.01	-0.01	0.00	0.00
Income
Income Before Tax	0.21	0.28	0.07	0.08	-0.16	-0.02	0.00
Income Tax Expense	0.00	0.04	-0.01	0.02	0.01	0.00	0.00
Net Income	0.20	0.24	0.08	0.06	-0.17	-0.03	0.00
Net Income - Continuous Operations	0.20	0.24	0.08	0.06	-0.17	-0.03	0.00
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	0.42	0.25	0.21	0.13	-0.13	0.00	0.01
EBIT	0.38	0.21	0.18	0.09	-0.16	-0.02	-
Depreciation & Amortization	0.13	0.04	0.03	0.05	0.03	0.01	0.01
Earnings Per Share
Basic EPS	1.00	1.00	-	-	-1.00	-	-
Diluted EPS	1.00	1.00	-	-	-1.00	-	-
Basic Shares Outstanding	0.33	0.32	0.32	0.32	0.29	0.27	0.31
Diluted Shares Outstanding	0.33	0.33	0.32	0.32	0.29	0.27	0.31

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About On Holding Financial Statements

What was On Holding's revenue in fiscal 2025?

On Holding reported revenue of CHF 3.01B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 30.0% from CHF 2.32B a year earlier.

Is On Holding profitable?

Yes. On Holding earned net income of CHF 203.70M in fiscal 2025, a net margin of 6.8%. In fiscal 2024 it earned CHF 242.30M.

What is On Holding's operating margin?

On Holding's operating income was CHF 377.00M on revenue of CHF 3.01B in fiscal 2025, an operating margin of 12.5%, compared with 9.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition