业绩超预期
2025 年 11 月 4 日 – 安森美(onsemi，美国纳斯达克股票代号：ON)公布其2025年第三季度业绩，要点如下：
第三季度收入为 15.509亿美元
第三季度公认会计原则(以下简称“GAAP”) 和 非GAAP 毛利率分别为 37.9%和38.0%
第三季度GAAP 营业利润率和非GAAP营业利润率分别为 17.0%和19.2%
第三季度GAAP 每股摊薄收益和非GAAP 每股摊薄收益均为 0.63美元
运营现金流为4.187亿美元
自由现金流为3.724亿美元，同比增长22%，占收入的24%
截至目前，年度回购股份金额为9.25亿美元，约占自由现金流的100%
“我们第三季度业绩超预期，彰显了公司战略的有效性和业务模式的强大韧性。我们看到核心市场持续企稳迹象，在人工智能领域也实现了积极增长，”安森美总裁兼CEO Hassane El-Khoury说，“随着能效成为下一代汽车、工业及 AI 平台的关键要求，我们正持续扩展产品组合，提供系统级价值，助力客户以更低能耗实现更优性能。”
下表概列2025年第三季度与可比较时期的部分财务业绩（未经审计）:
GAAP | 非GAAP | ||||||
（收入和净额以百万美元计） | Q3 2025 | Q2 2025 | Q3 2024 | Q3 2025 | Q2 2025 | Q3 2024 | |
收入 | $1,550.9 | $1,468.7 | $1,761.9 | $1,550.9 | $1,468.7 | $1,761.9 | |
毛利率 | 37.9 % | 37.6 % | 45.4 % | 38.0 % | 37.6 % | 45.5 % | |
营运利润率 | 17.0 % | 13.2 % | 25.3% | 19.2 % | 17.3 % | 28.2 % | |
安森美应占收入净额 | $255.0 | $170.3 | $401.7 | $256.3 | $221.3 | $423.8 | |
每股摊薄盈利 | $0.63 | $0.41 | $0.93 | $0.63 | $0.53 | $0.99 | |
收入汇总 |
(百万美元) |
(未经审计) |
截至季度的3个月 | ||||||
业务部 | Q3 2025 | Q2 2025 | Q3 2024 | 环比变动 | 同比变动 | |
电源方案部(PSG) | $737.6 | $698.2 | $829.4 | 6 % | (11) % | |
模拟与混合信号部(AMG) | 583.3 | 555.9 | 653.7 | 5 % | (11) % | |
智能感知部(ISG) | 230.0 | 214.6 | 278.8 | 7 % | (18) % | |
总额 | $1,550.9 | $1,468.7 | $1,761.9 | 6 % | (12) % | |
2025年第四季度展望
下表概列安森美预计2025年第四季度的GAAP及非GAAP展望：
安森美GAAP总额 | 特别项目** | 安森美非GAAP总额*** | |
收入 | $1,480 至 $1,580 百万美元 | - | $1,480 至 $1,580 百万美元 |
毛利率 | 36.9%至38.9% | 0.1% | 37.0%至39.0% |
营运支出 | $296至$311百万美元 | $14百万美元 | $282至$297百万美元 |
其它收入及支出净额(包括利息支出) | ($7百万美元) | - | ($7百万美元) |
每股摊薄盈利 | $0.56至$0.66美元 | $0.01美元 | $0.57至$0.67美元 |
摊薄股数* | 405 百万 | - | 405 百万 |
* Diluted shares outstanding can vary as a result of, among other things, the vesting of restricted stock units, the incremental dilutive shares from the convertible notes, and the repurchase or the issuance of stock or convertible notes or the sale of treasury shares. In periods when the quarterly average stock price per share exceeds $52.97 for the 0% Notes, and $103.87 for the 0.50% Notes, the non-GAAP diluted share count and non-GAAP net income per share include the anti-dilutive impact of the hedge transactions entered concurrently with the 0% Notes, and the 0.50% Notes, respectively. At an average stock price per share between $52.97 and $74.34 for the 0% Notes, and $103.87 and $156.78 for the 0.50% Notes, the hedging activity offsets the potentially dilutive effect of the 0% Notes, and the 0.50% Notes, respectively. In periods when the quarterly average stock price exceeds $74.34 for the 0% Notes, and $156.78 for the 0.50% Notes, the dilutive impact of the warrants issued concurrently with such notes is included in the diluted shares outstanding. GAAP and non-GAAP diluted share counts are based on either the previous quarter's average stock price or the stock price as of the last day of the previous quarter, whichever is higher.
** Special items may include: amortization of acquisition-related intangibles; expensing of appraised inventory fair market value step-up; restructuring-related cost of revenue charges; non-recurring facility costs; in-process research and development expenses; restructuring, asset impairments and other, net; goodwill impairment charges; gains and losses on debt prepayment; actuarial (gains) losses on pension plans and other pension benefits; and certain other special items, as necessary. These special items are out of our control and could change significantly from period to period. As a result, we are not able to reasonably estimate and separately present the individual impact or probable significance of these special items, and we are similarly unable to provide a reconciliation of the non-GAAP measures. The reconciliation that is unavailable would include a forward-looking income statement, balance sheet and statement of cash flows in accordance with GAAP. For this reason, we use a projected range of the aggregate amount of special items in order to calculate our projected non-GAAP operating expense outlook.
*** We believe these non-GAAP measures provide important supplemental information to investors. We use these measures, together with GAAP measures, for internal managerial purposes and as a means to evaluate period-to-period comparisons. However, we do not, and you should not, rely on non-GAAP financial measures alone as measures of our performance. We believe that non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when taken together with GAAP results and the reconciliations to corresponding GAAP financial measures that we also provide in our releases, provide a more complete understanding of factors and trends affecting our business. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies’ non-GAAP financial measures, even if they have similar names.
电话会议
安森美已于美国东部标准时间 (ET) 2025年 11 月 3日上午 9 时举行金融界电话会议，讨论此次的发布和安森美 2025 年第三季度业绩。英语电话会议已在公司网站http://www.onsemi.cn的“投资者关系”网页作实时广播。实时网上广播大约1小时后在该网站回放，为时30天。
关于安森美（onsemi）
安森美（onsemi, 纳斯达克股票代号：ON）致力推动颠覆性创新，打造更美好的未来。公司关注汽车和工业终端市场的大趋势，加速推动汽车功能电子化和汽车安全、可持续电网、工业自动化以及5G和云基础设施等细分领域的变革创新。安森美提供高度差异化的创新产品组合以及智能电源和智能感知技术，以解决全球最复杂的挑战，引领创造更安全、更清洁、更智能的世界。安森美被纳入纳斯达克100指数和标普500指数。了解更多关于安森美的信息，请访问：http://www.onsemi.cn。