On Holding AG (NYSE: ONON) reported first-quarter 2026 financial results on Tuesday, May 12, exceeding analyst expectations.
Earnings per share reached approximately $0.35, representing a year-over-year increase of more than 50%. Quarterly revenue climbed to $1.05 billion, a 30% rise from the prior year.
Double-digit growth in China served as a primary driver for the Swiss sportswear brand. Investors monitored direct-to-consumer sales momentum and gross margin trends under the company’s new co-CEO leadership structure. The results also reflected ongoing expansion efforts across the Asia-Pacific region.
Management scheduled a conference call for 8 a.m. Eastern Time to discuss the quarterly performance.