On (ONON) Revenue & Revenue Breakdown
On Revenue Highlights
Latest Revenue (Y)
$1.68B
Latest Revenue (Q)
$524.34M
Main Segment (Y)
Shoes
Main Geography (Y)
Americas
On Revenue by Period
On Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.68B | 37.39% |
| 2022-12-31 | $1.22B | 68.66% |
| 2021-12-31 | $724.59M | 70.37% |
| 2020-12-31 | $425.30M | 59.21% |
| 2019-12-31 | $267.12M | - |
On generated $1.68B in revenue during NA 2023, up 37.39% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
On Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $524.34M | 23.58% |
| 2023-12-31 | $424.28M | -11.70% |
| 2023-09-30 | $480.50M | 8.15% |
| 2023-06-30 | $444.30M | 5.74% |
| 2023-03-31 | $420.20M | 14.56% |
| 2022-12-31 | $366.80M | 11.82% |
| 2022-09-30 | $328.01M | 12.46% |
| 2022-06-30 | $291.66M | 23.75% |
| 2022-03-31 | $235.68M | 23.33% |
| 2021-12-31 | $191.10M | -12.35% |
| 2021-09-30 | $218.04M | 24.55% |
| 2021-06-30 | $175.06M | 24.69% |
| 2021-03-31 | $140.39M | 12.95% |
| 2020-12-31 | $124.30M | -4.44% |
| 2020-09-30 | $130.08M | - |
On generated $524.34M in revenue during Q1 2024, up 23.58% compared to the previous quarter, and up 142.95% compared to the same period a year ago.
On Revenue Breakdown
On Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Apparel | $68.90M | $47.30M | $36.34M |
| Accessories | $11.80M | $7.40M | $4.96M |
| Shoes | $1.71B | $1.17B | $683.29M |
On's latest annual revenue breakdown by segment (product or service), as of Dec 23: Shoes (95.50%), Apparel (3.84%), and Accessories (0.66%).
On Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Americas | $1.16B | - | - |
| Asia Pacific | $141.10M | $80.20M | $42.73M |
| UNITED STATES | $1.08B | - | - |
| SWITZERLAND | $46.00M | $51.50M | $55.10M |
| Europe, Middle East And Africa | $488.70M | - | - |
| Europe | - | $354.30M | $260.36M |
| North America | - | $738.50M | $409.53M |
| Rest Of The World | - | $49.10M | $11.97M |
On's latest annual revenue breakdown by geography, as of Dec 23: Americas (39.80%), UNITED STATES (37.06%), Europe, Middle East And Africa (16.74%), Asia Pacific (4.83%), and SWITZERLAND (1.58%).
On Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| NKE | NIKE | $51.36B | $11.59B |
| SKX | Skechers U. | $8.00B | $2.35B |
| DECK | Deckers Outdoor | $4.29B | $1.31B |
| CROX | Crocs | $3.96B | $1.06B |
| DBI | Designer Brands | $3.07B | $771.90M |
| CAL | Caleres | $2.82B | $683.32M |
| WWW | Wolverine World Wide | $2.24B | $425.20M |
| SHOO | Steven Madden | $1.98B | $521.71M |
| ONON | On | $1.68B | $524.34M |
| VRA | Vera Bradley | $470.79M | $110.82M |
| RCKY | Rocky Brands | $461.83M | $98.26M |
| WEYS | Weyco Group | $318.05M | $63.93M |
ONON Revenue FAQ
What is On’s yearly revenue?
On's yearly revenue for 2023 was $1.68B, representing an increase of 37.39% compared to 2022. The company's yearly revenue for 2022 was $1.22B, representing an increase of 68.66% compared to 2021. ONON's yearly revenue for 2021 was $724.59M, representing an increase of 70.37% compared to 2020.
What is On’s quarterly revenue?
On's quarterly revenue for Q1 2024 was $524.34M, a 23.58% increase from the previous quarter (Q4 2023), and a 24.78% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $424.28M, a -11.70% decrease from the previous quarter (Q3 2023), and a 15.67% increase year-over-year (Q4 2022). ONON's quarterly revenue for Q3 2023 was $480.5M, a 8.15% increase from the previous quarter (Q2 2023), and a 46.49% increase year-over-year (Q3 2022).
What is On’s revenue growth rate?
On's revenue growth rate for the last 3 years (2021-2023) was 131.72%, and for the last 5 years (2019-2023) was 528.55%.
What are On’s revenue streams?
On's revenue streams in c 23 are Apparel, Accessories, and Shoes. Apparel generated $68.9M in revenue, accounting 3.84% of the company's total revenue, up 45.67% year-over-year. Accessories generated $11.8M in revenue, accounting 0.66% of the company's total revenue, up 59.46% year-over-year. Shoes generated $1.71B in revenue, accounting 95.50% of the company's total revenue, up 46.59% year-over-year.
What is On’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of On was Shoes. This segment made a revenue of $1.71B, representing 95.50% of the company's total revenue.