---
title: "On Holding AG (ONON.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/ONON.US/norm.md"
symbol: "ONON.US"
name: "On Holding AG"
parent: "https://longbridge.com/en/quote/ONON.US.md"
datetime: "2026-05-20T04:37:19.480Z"
locales:
  - [en](https://longbridge.com/en/quote/ONON.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/ONON.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/ONON.US/norm.md)
---

# On Holding AG (ONON.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.3848 | 0.2612 | 0.4465 | -0.1551 | 0.1927 |
| ROE | 24.28% | 17.42% | 32.37% | -11.46% | 15.92% |
| Revenue | 1.04B | 938.81M | 996.14M | 936.73M | 824.19M |
| Net income | 129.15M | 87.22M | 149.09M | -51.14M | 64.32M |
| Operating income | 146.78M | 103.62M | 156.49M | 115.90M | 87.46M |
| Gross margin | 64.23% | 63.91% | 65.75% | 61.51% | 59.91% |
| Net margin | 12.42% | 9.29% | 14.97% | -5.46% | 7.80% |
| Profit quality | 403.44% | 72.59% | 79.34% | 91.60% | -637.19% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 3.71B | 3.58B | 3.45B | 3.18B | 2.74B |
| Leverage | 1.67 | 1.74 | 1.79 | 1.82 | 1.66 |
| BVPS | 6.68 | 6.22 | 5.86 | 5.35 | 5.04 |
| Turnover | 1.16 | 1.16 | 1.18 | 1.18 | 1.18 |
| Cash & STI | 1.28B | 1.33B | 1.29B | 1.10B | 1.04B |
| Inv & Rec | 507.61M | 529.86M | 477.25M | 450.61M | 452.93M |
| LT assets | 840.43M | 811.46M | 771.30M | 754.94M | 500.35M |
| Net debt | -598.25M | -674.26M | -653.31M | -473.12M | -653.02M |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 36.38M | 142.75M | 197.25M | 126.53M | -13.73M |
| Investing CF | -23.38M | -36.10M | -25.83M | -21.63M | -13.73M |
| Financing CF | -26.13M | -25.50M | -26.71M | -31.26M | -13.61M |
| Free CF | -67.55M | 31.44M | 174.42M | 179.59M | -35.29M |
| OCF coverage | 89.81% | 249.67% | 443.10% | 275.75% | -47.83% |
| Repaid & issued | - | - | - | - | - |
| CapEx | -20.88M | -33.70M | -23.70M | -20.01M | -12.82M |