On Semiconductor (ON) Cash from Operations (2009 - 2026)
On Semiconductor (ON) recorded Cash from Operations of $459.7 million in Q2 2026, up 149.4% from $184.3 million a year earlier and up 92.3% from the prior quarter.
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Analysis
On Semiconductor (ON) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, On Semiconductor's Cash from Operations came in at $1.67 billion as of Jul 3, 2026, down 8.7% year-over-year; for FY2025, it came in at $1.76 billion, down 7.7% from FY2024.
- Annual Cash from Operations has declined for three straight years, though with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $1.91 billion in FY2024 (-3.6%), $1.98 billion in FY2023 (-24.9%), $2.63 billion in FY2022 (+47.8%) and $1.78 billion in FY2021 (+101.5%).
- Quarterly Cash from Operations has ranged from $184.3 million in Q2 2025 to $1 billion in Q3 2022 over the past five years.
- On a year-over-year basis, Cash from Operations rose in two of the last eight quarters, with growth averaging 2.9%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 174.7% in Q3 2021, against a decline of 60.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $239.1 million (Q1 2026), $554.5 million (Q4 2025) and $418.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 24.78 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 14.20 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 43.97 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 2.37 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 7.01 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 1.46 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 3.04 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 459.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 459.70 Mn |
| Apr 3, 2026 | 239.10 Mn |
| Dec 31, 2025 | 554.50 Mn |
| Oct 3, 2025 | 418.70 Mn |
| Jul 4, 2025 | 184.30 Mn |
| Apr 4, 2025 | 602.30 Mn |
| Dec 31, 2024 | 579.70 Mn |
| Sep 27, 2024 | 465.80 Mn |
| Jun 28, 2024 | 362.20 Mn |
| Mar 29, 2024 | 498.70 Mn |
| Dec 31, 2023 | 611.20 Mn |
| Sep 29, 2023 | 566.60 Mn |
| Jun 30, 2023 | 390.80 Mn |
| Mar 31, 2023 | 408.90 Mn |
| Dec 31, 2022 | 731.30 Mn |
| Sep 30, 2022 | 1.00 Bn |
| Jul 1, 2022 | 420.80 Mn |
| Apr 1, 2022 | 478.60 Mn |
| Dec 31, 2021 | 626.60 Mn |
| Oct 1, 2021 | 448.90 Mn |
API Access
On Semiconductor Cash from Operations 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-from-operations&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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-from-operations&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();