On Holding Q3 net income jumps 37% to CHF 162.8 million; net sales rise 17% to CHF 931.4 million
ONON•On Holding’s third-quarter 2026 net income rose 37% to CHF 162.8 million and net sales increased 17% to CHF 931.4 million; it expects a full-year gross profit margin of around 67.5%, including U.S. tariff refunds.
1. Quarterly results
On Holding’s third-quarter 2026 net income rose 37% year over year to CHF 162.8 million, while net sales increased 17% to CHF 931.4 million. Gross profit margin reached 72.6%, including CHF 52.6 million in U.S. tariff refunds.
2. Sales and outlook
Direct-to-consumer net sales climbed 25% to CHF 393.3 million. The Cloudsurfer 3 began the brand’s biggest innovation cycle and delivered strong sell-through during its running-specialty pre-launch. On Holding expects full-year 2026 gross profit margin of around 67.5%, including U.S. tariff refunds.
