On Holding is a Swiss performance sportswear company behind the On running and athletic footwear brand. Its shoes are known for proprietary cushioning technology marketed as CloudTec, aimed at runners and active lifestyle users. The company sells footwear, apparel and accessories through direct-to-consumer channels and wholesale partners. Growth has been driven by a premium brand position in running and training rather than mass-market volume sportswear.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 726.6 | — | 56.7 | -46.1% |
| Q2 2025 | 749.2 | — | -40.9 | -192.5% |
| Q3 2025 | 794.4 | — | 118.9 | 132.1% |
| Q4 2025 | 743.8 | — | 69.1 | -35.2% |
| Q1 2026 | 831.9 | 14.5% | 103.3 | 82.2% |
| Q2 2026 | 850.3 | 13.5% | 105 | — |
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