ONON
On Holding AG
NYSE · CHConsumer CyclicalApparel - Retail
$37.65+1.21%
Price as of Jul 20, 2026
ONON financials
On Holding AG financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $2.9B | $2.3B | $1.8B | $1.2B |
| Cost of revenue | $1.1B | $912.6M | $724.8M | $537.2M |
| Gross profit | $1.8B | $1.4B | $1.1B | $684.9M |
| Operating expenses | $1.4B | $1.2B | $887.1M | $599.8M |
| Operating income | $360.1M | $211.6M | $180.2M | $85.1M |
| Net income | $194.5M | $242.3M | $79.6M | $57.7M |
| EBITDA | $345.9M | $400.0M | $206.3M | $128.6M |
| Basic EPS | $0.59 | $0.71 | $0.25 | $0.18 |
| Diluted EPS | $0.58 | $0.71 | $0.25 | $0.18 |
| Balance sheet | ||||
| Cash & equivalents | $1.0B | $924.3M | $494.6M | $371.0M |
| Total assets | $2.8B | $2.4B | $1.6B | $1.4B |
| Total liabilities | $1.2B | $984.9M | $518.5M | $412.9M |
| Stockholders’ equity | $1.6B | $1.4B | $1.1B | $969.5M |
| Total debt | $581.7M | $347.6M | $229.0M | $160.4M |
| Net debt | -$439.4M | -$576.7M | -$265.6M | -$210.6M |
| Cash flow | ||||
| Operating cash flow | $322.8M | $510.6M | $232.1M | -$227.0M |
| Capital expenditure | -$69.6M | -$65.0M | -$47.2M | -$83.0M |
| Free cash flow | $253.2M | $445.6M | $184.9M | -$310.0M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |