Onsemi Q1 Results Beat Expectations, AI Business Accelerates Growth

Published: May 6, 2026 15:31

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[onsemi Reports Q1 2026 Results] In Q1 this year, onsemi reported revenue of $1.513 billion, exceeding the midpoint of the company's guidance. Q1 GAAP operating margin was 3.5%, and non-GAAP operating margin was 19.1%. Hassane El Khoury, president and CEO of onsemi, stated: "As market demand continued to strengthen in Q1, our results exceeded expectations, and we have emerged from the industry cycle trough onto a path of recovery. Our AI data center business accelerated, growing more than 30% QoQ. Looking ahead, we are confident in our business fundamentals and the long-term opportunities driven by increasing semiconductor content in automotive, industrial, and AI data center applications.

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