On Holding AG

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total revenue	2.88	2.32	1.79	1.22	0.72	0.43	0.27
Cost of revenue	1.07	0.91	0.72	0.54	0.29	0.19	0.12
Gross profit	1.81	1.41	1.07	0.68	0.43	0.23	0.14
Total operating expenses +	1.45	1.19	0.89	0.60	0.57	0.25	0.14
Selling, general and administrative	1.52	0.46	0.29	0.23	0.32	0.12	0.06
Research and development			0.01
Other operating expenses	-0.07	0.73	0.59	0.37	0.25	0.13	0.08
Operating income	0.36	0.21	0.18	0.09	-0.14	-0.02	0.01
Non-operating income (net)	-0.16	0.07	-0.11	-0.01	-0.02	-0.01	0.00
Income before tax	0.20	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	0.19	0.24	0.08	0.06	-0.17	-0.03	0.00

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Total revenue	0.85	0.74	0.79	0.75	0.73	0.61	0.64	0.57	0.51	0.45	0.48	0.44	0.42	0.37	0.33	0.29	0.24	0.19	0.22	0.18	0.14	0.12	0.13	0.09	0.09
Cost of revenue	0.30	0.27	0.27	0.29	0.29	0.23	0.25	0.23	0.20	0.18	0.19	0.18	0.18	0.15	0.14	0.13	0.11	0.08	0.09	0.07	0.06	0.06	0.06	0.04	0.04
Gross profit	0.55	0.47	0.52	0.46	0.44	0.38	0.39	0.34	0.30	0.27	0.29	0.26	0.24	0.21	0.19	0.16	0.12	0.11	0.13	0.11	0.08	0.06	0.07	0.05	0.05
Total operating expenses +	0.43	0.39	0.40	0.37	0.36	0.32	0.31	0.29	0.26	0.23	0.23	0.23	0.20	0.20	0.15	0.13	0.12	0.29	0.11	0.08	0.09	0.07	0.06	0.06	0.06
Selling, general and administrative	0.42	0.39	0.40	0.13	0.36	0.13	0.13	0.11	0.10	0.29	0.08	0.07	0.07	0.20	0.04	0.04	0.04	0.04	0.03	0.02	0.02	0.02	0.02	0.01	0.01
Research and development										0.01
Other operating expenses	0.01	0.00	0.00	0.24	0.00	0.20	0.19	0.18	0.17	-0.07	0.15	0.15	0.14	0.00	0.10	0.09	0.08	0.25	0.07	0.06	0.07	0.05	0.04	0.05	0.05
Operating income	0.12	0.08	0.12	0.09	0.08	0.05	0.07	0.05	0.04	0.04	0.06	0.04	0.04	0.01	0.04	0.03	0.00	-0.18	0.02	0.02	-0.01	0.00	0.01	-0.01	-0.01
Non-operating income (net)	0.00	-0.01	-0.01	-0.14	-0.01	0.04	-0.04	0.00	0.08	-0.09	0.01	-0.05	0.01	-0.04	-0.02	0.03	0.02	-0.01	-0.01	0.00	0.00	0.00	-0.01	0.00	0.00
Income before tax	0.12	0.07	0.12	-0.05	0.06	0.09	0.03	0.04	0.12	-0.04	0.07	-0.01	0.05	-0.02	0.02	0.06	0.02	-0.19	0.02	0.02	-0.01	0.00	0.01	-0.02	-0.02
Income tax expense	0.01	0.00	0.00	-0.01	0.01	0.00	0.00	0.01	0.02	-0.02	0.01	-0.01	0.01	0.00	0.00	0.01	0.01	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
Net income	0.11	0.07	0.12	-0.04	0.06	0.09	0.03	0.03	0.09	-0.03	0.06	0.00	0.04	-0.03	0.02	0.05	0.01	-0.19	0.01	0.01	-0.01	0.00	0.01	-0.02	-0.02

about 14 hours ago

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	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total cash and short-term investments +	1.08	0.97	0.51	0.40	0.68	0.10	0.02
Cash and cash equivalents	1.02	0.92	0.49	0.37	0.65	0.09	0.01
Short-term investments	0.06	0.04	0.02	0.03	0.02	0.01	0.01
Accounts receivable, net	0.31	0.25	0.20	0.17	0.10	0.05	0.04
Inventories	0.42	0.42	0.36	0.40	0.13	0.10	0.04
Other current assets	0.22	0.13	0.08	0.08	0.05	0.03	0.02
Total current assets	1.96	1.76	1.15	1.05	0.96	0.28	0.12
Total non-current assets +	0.87	0.62	0.44	0.33	0.27	0.10	0.02
Property, plant and equipment, net				0.23	0.21	0.04	0.02
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible assets	0.05	0.06	0.06	0.07	0.06	0.05	0.00
Long-term investments
Other non-current assets
Total assets	2.84	2.38	1.59	1.38	1.24	0.38	0.14

Total current liabilities +	0.73	0.66	0.31	0.24	0.21	0.09	0.07
Accounts payable	0.15	0.17	0.07	0.11	0.05	0.04	0.02
Short-term debt	0.14	0.06	0.04	0.02	0.01	0.00	0.02
Current portion of long-term debt						0.00	0.01
Deferred revenue
Other current liabilities	0.43	0.33	0.18	0.10	0.14	0.03	0.03
Total non-current liabilities +	0.48	0.32	0.21	0.17	0.18	0.05	0.01
Long-term debt							0.00
Capital lease obligations	0.52	0.35	0.23	0.16	0.18	0.02	0.01
Other non-current liabilities	0.00	0.00	0.00	0.00	0.00		0.00
Total liabilities	1.20	0.98	0.52	0.41	0.39	0.14	0.08

Total stockholders' equity +	1.63	1.39	1.07	0.97	0.85	0.25	0.06
Common stock and paid-in capital	1.25	1.16	1.10	1.08	1.04	0.27	0.06
Retained earnings	0.38	0.23	-0.02	-0.11	-0.19	-0.03	0.00
Common shares outstanding	334	339	323	320	311	306	306

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Total cash and short-term investments +	1.09	1.08	1.02	0.90	0.91	0.97	0.79	0.67	0.62	0.51	0.48	0.37	0.40	0.40	0.62	0.62	0.66	0.68	0.71	0.13	0.30	0.11	0.00	0.00	0.05
Cash and cash equivalents	1.02	1.02	0.96	0.85	0.87	0.92	0.75	0.65	0.58	0.49	0.43	0.34	0.36	0.37	0.56	0.56	0.63	0.65	0.67	0.11	0.10	0.09			0.02
Short-term investments	0.07	0.06	0.06	0.05	0.04	0.04	0.04	0.02	0.03	0.02	0.05	0.03	0.03	0.03	0.06	0.06	0.04	0.02	0.04	0.02	0.20	0.02			0.04
Accounts receivable, net	0.40	0.31	0.34	0.39	0.36	0.25	0.32	0.31	0.29	0.20	0.26	0.25	0.24	0.17	0.19	0.19	0.13	0.10	0.11	0.08	0.11	0.05
Inventories	0.40	0.42	0.38	0.36	0.40	0.42	0.35	0.40	0.37	0.36	0.42	0.44	0.47	0.40	0.22	0.22	0.16	0.13	0.15	0.15	0.15	0.10
Other current assets	0.22	0.22	0.17	0.08	0.12	0.13	0.10	0.11	0.12	0.08	0.08	0.10	0.09	0.08	0.01	0.01	0.06	0.05	0.04	0.03	-0.10	0.02			-0.02
Total current assets	2.05	1.96	1.91	1.73	1.80	1.76	1.55	1.50	1.36	1.15	1.25	1.16	1.19	1.05	1.06	1.06	1.01	0.96	1.00	0.39	0.10	0.28			0.02
Total non-current assets +	0.91	0.87	0.84	0.81	0.62	0.62	0.55	0.54	0.53	0.44	0.46	0.38	0.35	0.33	0.31	0.31	0.29	0.27	0.26	0.24	-0.10	0.10			-0.02
Property, plant and equipment, net											0.32		0.24	0.23	0.42	0.24	0.23	0.21	0.19	0.18	0.18
Goodwill	0.05	0.00		0.00		0.00		0.00		0.00	0.00	0.00		0.00	0.00	0.00		0.00		0.00		0.00
Intangible assets		0.05	0.05	0.05	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.06	0.06	0.06		0.05
Long-term investments
Other non-current assets
Total assets	2.95	2.84	2.75	2.54	2.42	2.38	2.11	2.05	1.89	1.59	1.71	1.54	1.54	1.38	1.37	1.37	1.30	1.24	1.26	0.64		0.38

Total current liabilities +	0.69	0.73	0.75	0.69	0.64	0.66	0.54	0.50	0.41	0.31	0.37	0.33	0.35	0.24	0.24	0.24	0.24	0.21	0.19	0.20	0.20	0.09
Accounts payable	0.16	0.15	0.16	0.16	0.16	0.17	0.13	0.15	0.09	0.07	0.10	0.09	0.13	0.11	0.04	0.04	0.04	0.05	0.05	0.08	0.08	0.04
Short-term debt	0.14	0.14	0.08	0.07	0.06	0.06		0.06	0.07	0.04	0.05	0.02	0.04	0.02	0.02	0.02		0.01	0.02	0.01		0.00
Current portion of long-term debt																				0.00		0.00
Deferred revenue
Other current liabilities	0.39	0.43	0.52	0.34	0.37	0.33	0.40	0.29	0.30	0.18	0.24	0.15	0.19	0.10	0.17	0.17	0.19	0.14	0.12	0.08	0.05	0.03
Total non-current liabilities +	0.50	0.48	0.46	0.46	0.32	0.32	0.30	0.31	0.30	0.21	0.24	0.18	0.18	0.17	0.20	0.20	0.19	0.18	0.17	0.17	-0.25	0.05			-0.06
Long-term debt								0.00
Capital lease obligations	0.54	0.52	0.50	0.50	0.34	0.35		0.34		0.23		0.16		0.16		0.19		0.18		0.17		0.02
Other non-current liabilities	0.01	0.00	0.00	0.00	0.00	0.00	0.28	0.00	0.27	0.00	0.21	0.00	0.15	0.00	0.35		0.17	0.00	0.16	0.00
Total liabilities	1.19	1.20	1.21	1.15	0.96	0.98	0.84	0.81	0.70	0.52	0.61	0.51	0.53	0.41	0.44	0.44	0.43	0.39	0.36	0.37	-0.25	0.14			-0.06

Total stockholders' equity +	1.77	1.63	1.54	1.40	1.46	1.39	1.27	1.23	1.18	1.07	1.09	1.03	1.02	0.97	0.94	0.94	0.88	0.85	0.90	0.27	0.25	0.25			0.06
Common stock and paid-in capital	1.28	1.25	1.23	1.20	1.22	1.16	1.18	1.12	1.15	1.10	1.13	1.08	1.12	1.08	1.07	1.07	1.06	1.04	0.90	0.29	0.27	0.28	0.00	0.00	0.06
Retained earnings	0.48	0.38	0.31	0.19	0.24	0.23	0.09	0.11	0.03	-0.02	-0.04	-0.06	-0.10	-0.11	-0.14	-0.14	-0.19	-0.19	0.00	-0.02	-0.02	-0.03
Common shares outstanding	336	334	334	339	339	339	339	327	327	319	324	323	322	317	318	318	284	312	325	306	270	270	270	259	259

about 14 hours ago

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	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Operating cash flow +	0.32	0.51	0.23	-0.23	0.02	-0.01	-0.01
Net income
Depreciation, depletion and amortization	0.12	0.10	0.06	0.05	0.03	0.01	0.01
Stock-based compensation	0.07	0.06	0.03	0.04	0.19	0.05	0.02
Change in inventory	-0.08	-0.03	-0.01	-0.27	-0.03	-0.06	-0.01
Other working capital changes	0.21	0.38	0.15	-0.04	-0.18	-0.01	-0.02
Cash flow from investing +	-0.08	-0.06	-0.05	-0.08	-0.04	-0.02	-0.01
Capital expenditures	-0.07	-0.07	-0.05	-0.08	-0.04	-0.02	-0.01
Others incl. marketable securities changes	-0.01	0.00	0.00	0.00	0.00	0.00	0.00
Cash flow from financing +	-0.05	-0.06	-0.02	0.01	0.60	0.12	0.00
Dividend payout	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common stock repurchases
Net Debt Issuance	-0.05	-0.06	-0.02	0.01	0.60	0.12	0.00

Change in cash	0.19	0.39	0.16	-0.30	0.58	0.09	-0.02

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Operating cash flow +	0.02	0.11	0.16	0.10	-0.01	0.17	0.16	0.10	0.08	0.12	0.11	0.00	0.00	-0.07	-0.03	-0.06	-0.06	0.03	-0.04	0.05	-0.02	0.00	-0.01	0.00	0.00
Net income
Depreciation, depletion and amortization	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Stock-based compensation	0.02	0.02	0.02	0.01	0.01	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.00	0.04	0.00	0.00	0.00	0.17	0.00	-0.01	0.03	0.01	0.01	0.02	0.02
Change in inventory	0.02	-0.04	-0.02	-0.03	0.01	-0.04	0.03	-0.04	0.02	0.03	0.02	0.00	-0.06	-0.15	-0.05	-0.05	-0.03	0.01	0.00	-0.02	-0.02	-0.03	-0.01	-0.01	-0.01
Other working capital changes	-0.05	0.10	0.12	0.08	-0.06	0.17	0.08	0.10	0.03	0.06	0.06	-0.02	0.05	0.03	0.00	-0.02	-0.05	-0.17	-0.05	0.07	-0.03	0.02	0.00	-0.02	-0.02
Cash flow from investing +	-0.02	-0.03	-0.02	-0.02	-0.01	-0.02	-0.02	-0.02	-0.01	-0.02	-0.01	-0.01	-0.01	-0.03	-0.02	-0.01	-0.02	-0.02	-0.01	0.00	-0.01	-0.01	0.00	0.00	0.00
Capital expenditures	-0.02	-0.03	-0.02	-0.02	-0.01	-0.02	-0.02	-0.02	-0.01	-0.02	-0.01	-0.01	-0.01	-0.03	-0.02	-0.01	-0.02	-0.02	-0.01	0.00	-0.01	-0.01	0.00	0.00	0.00
Others incl. marketable securities changes	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash flow from financing +	-0.02	-0.01	-0.02	-0.03	-0.01	-0.02	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.01	-0.01	0.61	0.00	0.00	0.00	0.00	0.06	0.06
Dividend payout	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common stock repurchases
Net Debt Issuance	-0.02	-0.01	-0.02	-0.03	-0.01	-0.02	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.01	-0.01	0.61	0.00	0.00	0.00	0.00	0.06	0.06

Change in cash	-0.01	0.06	0.12	0.06	-0.04	0.13	0.13	0.07	0.06	0.10	0.09	-0.01	-0.01	-0.11	-0.06	-0.07	-0.07	0.00	0.57	0.04	-0.02	-0.01	-0.02	0.06	0.06

about 14 hours ago

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On Holding AG

Income Statement - On Holding AG (ONON)

Income Statement - On Holding AG (ONON)

Balance Sheet - On Holding AG (ONON)

Balance Sheet - On Holding AG (ONON)

Cash Flow - On Holding AG (ONON)

Cash Flow - On Holding AG (ONON)