On (company)

On Holding AG
Company typePublic
NYSEONON
Industry
Founded2010 (2010)
Founders
  • Olivier Bernhard
  • David Allemann
  • Caspar Coppetti
HeadquartersZürich, Switzerland
Area served
Worldwide
ProductsAthletic shoes
Revenue CHF 2.32 billion (2024)
CHF 212 million (2024)
CHF 242 million (2024)
Total assets CHF 2.38 billion (2024)
Total equity CHF 1.39 billion (2024)
Number of employees
3,254 (2024)
ParentOn Holding AG 
Websiteon.com
Footnotes / references

On Holding AG is a Swiss athletic shoe and performance sportswear company that designs and markets sports clothing and running shoes.

In 2019, On products were sold in 6,000 retailers in 55 countries and the company held 40% of the running shoe market in Switzerland and 10% in Germany. The United States is its biggest single market, where it accounts for 6.6% of the performance running shoe category. Globally, as of 2024, On is estimated to have 2% of the athletic footwear market. As of 2025, On is on its way to a $20 billion market cap, continually growing year-over-year.