ONON: financial statements from SEC — TradeAlmanac

ONON

On Holding AG: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3.01bn	2.32bn	1.79bn	1.22bn	725m	425m	267m
Cost of revenue	1.12bn	913m	725m	537m	294m	194m	124m
Gross profit	1.89bn	1.41bn	1.07bn	685m	430m	231m	143m
Research and development	11m	10m	9m	8m	5m	2m	—
Selling, general and administrative	1.52bn	1.19bn	887m	600m	123m	61m	38m
Operating income	377m	212m	180m	85m	−141m	−17m	6m
Pre-tax income	205m	280m	69m	78m	−160m	−24m	3m
Income tax	2m	37m	−11m	20m	11m	3m	5m
Net income	204m	242m	80m	58m	−170m	−28m	−1m

Balance sheet

Metric	Aug 18, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash and equivalents	—	1.02bn	924m	70m	371m	653m	91m	—
Receivables	—	305m

Cash flow

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating cash flow	360m	511m	232m	−227m	17m	−15m	−5m
Depreciation and amortisation	127m	105m	65m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)