On Holding AG · ONON · Next earnings

On Holding AG reports Tuesday, Mar 2, 2027

ONON reports before market open with consensus EPS at $0.37 and revenue at $1.10B. Last quarter: On Holding pairs record Q3 performance with execution demands

Reports Before market open111 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $0.37 Calendar consensus
Consensus revenue $1.10B Calendar consensus
Report date Mar 2, 2027 Tuesday, date estimated
Session Before market open 111 days away

Where ONON left off: FY2026 Q3

Full report

On Holding pairs record Q3 performance with execution demands

EPS surprise +39.9% Reported $0.66 vs $0.47
Revenue surprise +0.0% Reported $1.11B vs $1.11B
Stock move -7.5% Event window
Subsequent drift 0.0% Up to 20 sessions
Check the math in the surprise calculator >

Management maintained its full-year low-20% constant-currency sales-growth outlook and raised its gross-margin outlook to approximately 66%, according to the supplied Q3 analysis.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Promotional pressure could weaken pricing discipline or full-price sell-through.
  • LightSpray demand may outpace available production capacity during the ramp.
  • Asia-Pacific and China growth, including promotional effects, remains an area of uncertainty.
  • Currency movements and tariff-related effects can affect reported margins.

Questions analysts left open

  • Whether Asia-Pacific, especially China, can sustain its growth and how Double 11 promotions affect demand.
  • Whether channel mix or pull-forward effects influence fourth-quarter results.
  • The pace and capacity of the LightSpray manufacturing ramp.
  • Whether AI investment improves customer experience and operating efficiency.

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Recent ONON quarters

All ONON earnings
-7.5%FY2026 Q3-20.3%FY2026 Q2-0.6%FY2026 Q1-6.1%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.