On Semiconductor (ON) Cash & Equivalents (2009 - 2026)
On Semiconductor (ON) reported Cash & Equivalents of $3.51 billion for Q2 2026, up 39.1% from $2.53 billion a year earlier and up 75.4% from the prior quarter.
On Semiconductor (ON) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, On Semiconductor posted Cash & Equivalents of $2.15 billion, down 20.2% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $2.69 billion in FY2024 (+8.4%), $2.48 billion in FY2023 (-14.9%), $2.92 billion in FY2022 (+115.8%) and $1.35 billion in FY2021 (+25.2%).
- The Q2 2026 figure ranks as the highest quarterly Cash & Equivalents in data going back to Q3 2009.
- Year over year, Cash & Equivalents gained in five of the last eight quarters, with growth averaging 1.4%.
- The high point for year-over-year Cash & Equivalents in five years was Q4 2022 (growth of 115.8%); the low point was Q1 2026 (a decline of 27.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2 billion (Q1 2026), $2.15 billion (Q4 2025) and $2.47 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 22.44 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 98.36 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 23.98 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 38.36 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 5.09 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 15.17 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 12.87 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 5.58 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 7.04 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 3.51 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 3.51 Bn |
| Apr 3, 2026 | 2.00 Bn |
| Dec 31, 2025 | 2.15 Bn |
| Oct 3, 2025 | 2.47 Bn |
| Jul 4, 2025 | 2.53 Bn |
| Apr 4, 2025 | 2.76 Bn |
| Dec 31, 2024 | 2.69 Bn |
| Sep 27, 2024 | 2.47 Bn |
| Jun 28, 2024 | 2.23 Bn |
| Mar 29, 2024 | 2.61 Bn |
| Dec 31, 2023 | 2.48 Bn |
| Sep 29, 2023 | 2.68 Bn |
| Jun 30, 2023 | 2.62 Bn |
| Mar 31, 2023 | 2.70 Bn |
| Dec 31, 2022 | 2.92 Bn |
| Sep 30, 2022 | 2.45 Bn |
| Jul 1, 2022 | 1.79 Bn |
| Apr 1, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Oct 1, 2021 | 1.39 Bn |
On Semiconductor Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "ON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();