On athlete running at night
On Holding logoONON / NYSE / Premium footwear & apparel

ON HOLDING

More direct. More deliberate.

Direct demand supports margins while a cautious wholesale approach weighs on growth.

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ON HOLDING Overview
LATEST RESULTS

THE QUARTER, IN FOCUS.

On athlete running at night
LATEST EARNINGS

THE QUARTER. AT A GLANCE.

Q2 2026 · Aug 11, 2026

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NEXT EARNINGSNov 11, 2026Estimated · Company confirmation pending

Comparison incompletevs analyst estimates
RevenueUnverified
ACTUALCHF 850.3M
vs
ESTIMATEUnavailable
Comparable estimate unavailableEstimate currency or scope unverified
Diluted EPSUnverified
ACTUALCHF 0.31
vs
ESTIMATEUnavailable
Comparable estimate unavailableGAAP · Estimate basis unverified

THE BUSINESS, OVER TIME.

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Revenue · FY2025CHF 2.88B
+24.2% vs previous year

Revenue increased across the last 3 years.

2.9B1.4B0.0BCHF 1.79BFY2023CHF 2.32BFY2024CHF 2.88BFY2025
Select a period to inspectCHF · Reported · Retrieved Sep 13, 2026
LOOKING AHEAD

REVENUE EXPECTATIONS

Estimated annual revenue · FY20284.89B
4.9B2.4B0.0B3.47BFY2026E4.10BFY2027E4.89BFY2028E
Analyst estimate
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Forecast currency unconfirmed · Actual comparison withheld · Estimates are not guidance · Snapshot Sep 14, 2026

RATINGS & TARGETS

THE ANALYST VIEW

77%

20 of 26 analysts rate it BuyStrong Buy ratings included

20 Buy5 Hold1 Sell
Analyst price targets$41.94 average
$20 low$82 high$27.47 quote

Quote Sep 14, 2026 · Targets reflect analyst opinions.

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Snapshot · Sep 14, 2026

INSTITUTIONAL HOLDINGS · FORM 13F

HOW POSITIONS CHANGED.

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Opened or increased249reported positions

Reporting period
Jun 30, 2026

Reduced or closed264reported positions
New positions96
Increased153
Reduced170
Closed positions94