ONON
On Holding AG
2026Q2 · Earnings 2026-08-11 (Reported 31d ago)
At a glance · Earnings setup
Confidence: Low
Street's CHF 879.6M expectation looks reasonably consistent with the operating evidence we have.
Street
CHF 879.6M
Revenue consensus · +17.4% YoY
Revision: Unchanged (0.0%)
No direct Street KPI consensus
Operating requirement
Latest DTC (2026Q1): ~$322.3M
Evidence
No material independent evidence listed at this cutoff.
Coverage
- Usable management indication
- Direct Street segment KPI consensus
- Eligible operating evidence
1 · Street
What Street says
CHF 879.6M
Revenue consensus · +17.4% YoY
- Analysts
- 20
- Range
- CHF 838.3M – CHF 899.6M
- As of
- 2026-08-11
- Revision
- Unchanged (0.0%)
2 · Street needs
What Street needs
For Street revenue to be right, these operating outcomes are roughly what the model implies.
Confidence: High · based on n=17 history
- Latest DTC (2026Q1): ~$322.3M
- Latest wholesale (2026Q1): ~$509.6M
- Latest DTC channel mix: ~+38.7%
3 · Management
What management says
Derived implication
FY guidance available; quarterly management implication not uniquely determined
- Mid / point
- $3.5B
- Vs Street
- —
- As of
- 2026-05-12
Derived from remaining-year implication — not a direct quarter guide.
4 · Business
What the business is doing
No core operating KPIs available at cutoff.
No direct Street KPI consensus for this quarter. Implied operating requirements still apply where available.
5 · QW setup
Where QW lands
Supports
No material supporting evidence listed.
Against / uncertainty
No material opposing evidence listed.
- Street coverage and sensitivity do not show elevated fragility
- High–low range 6.97% of consensus
Still missing
- Usable management indication
Sources & methodology
Setup methodology v0.2.
Internal classification note: Street-required operating performance is reasonably consistent with available management/trajectory evidence
- street_consensus · Yahoo Finance · link
- fy_guidance · SEC earnings release · link
- qw_forecast_run · QW-ONON-REV-v0.1
- financial_actual:dtc_net_sales · SEC earnings release · link
- financial_actual:wholesale_net_sales · SEC earnings release · link
- street_consensus · Yahoo Finance · link
- street_consensus · Yahoo Finance · link
- financial_actual:dtc_net_sales · SEC earnings release · link
- How Quarter Winner works →