Cost of revenue · 2019–2025

On Holding cost of revenue

$1.4B+30.3% · FY2025

On Holding (ONON) reported $1.4B in cost of revenue for fiscal 2025, +30.3% year on year.

$125M2019$207M2020$322M2021$563M2022$806M2023$1.0B2024$1.4B2025
On Holding — Cost of revenue, 2019–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$1.4B+30.3%Open →
FY20242024-12-31$1.0B+28.6%Open →
FY20232023-12-31$806M+43.2%Open →
FY20222022-12-31$563M+74.9%Open →
FY20212021-12-31$322M+55.4%Open →
FY20202020-12-31$207M+66.0%Open →
FY20192019-12-31$125M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +48.7%

Figures are reported under IFRS in CHF and converted to US dollars at ECB reference rates — fiscal 2025 average 0.829 CHF/$ for income items, year-end 0.793 CHF/$ for balance-sheet items.

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=On Holding cost of revenue |url=https://companiesranked.com/en/company/on-holding/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). On Holding cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/on-holding/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-on-holding-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{On Holding cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/on-holding/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001858985-26-000008 · March 3, 2026

{{cite web |title=On Holding cost of revenue — 20-F (0001858985-26-000008) |url=https://www.sec.gov/Archives/edgar/data/1858985/000185898526000008/onholdingag-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-03}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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