On Holding Q2 FY26 net income turns to profit at CHF 105 million; net sales rise 13.5% to CHF 850.3 million
ONON•Full-year outlook
On forecast full-year constant-currency net sales growth in the low-20% range, gross margin of at least 65%, and adjusted EBITDA margin of 19.5% to 20%.
Quarterly results
On Holding AG swung to net income of CHF 105 million in Q2, with net sales up 13.5% to CHF 850.3 million.
Gross margin widened 3.9 percentage points to 65.4%, while operating income rose 28.7% to CHF 119.4 million.
Channel and regional performance
Direct-to-consumer net sales climbed 26% to CHF 388.4 million, outpacing wholesale growth of 4.8% to CHF 461.9 million.
Asia-Pacific net sales surged 43.1% to CHF 170.5 million, compared with gains of in EMEA to and in the Americas to .
