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On Holding Soars: Q3 Sales Jump Nearly 25%!
20 Nov, 2025
Summary
- On Holding AG achieved net sales of CHF 794.4 million, a 24.9% year-over-year increase.
- Apparel segment sales surged by an impressive 86.9%, showing strong market demand.
- Net income nearly tripled, reaching CHF 118.9 million due to strong performance.

On Holding AG, the Swiss sportswear innovator, has announced outstanding financial results for the third quarter of 2025. The company achieved record net sales of CHF 794.4 million, marking a significant 24.9% increase compared to the previous year. This impressive growth was driven by robust demand across all sales channels.
The apparel division emerged as a standout performer, with sales soaring by 86.9%. Notably, the Asia-Pacific region experienced triple-digit sales growth, underscoring On's expanding global presence. The company's profitability also saw substantial improvements, with gross profit margin rising to 65.7% and adjusted EBITDA increasing by 49.8%.
Overall, net income witnessed a dramatic surge of nearly 290%, reaching CHF 118.9 million. This strong financial performance highlights On's effective operational efficiencies, premium brand positioning, and successful strategic execution in a competitive market.