On Semiconductor (ON) Change in Inventory (2009 - 2026)
On Semiconductor (ON) posted Change in Inventory of -$1.7 million for Q3 2026, down 102.84% on a QoQ basis from $59.8 million in Q2 2026, and down 119.1% year-over-year from $8.9 million in Q3 2025.
Analysis
On Semiconductor (ON) Change in Inventory (2009 - 2026) Analysis & Trends
On Semiconductor has reported Change in Inventory for 18 years, with the latest figure at -$1.7 million in Q3 2026.
- On a quarterly basis, Change in Inventory fell 119.1% year-over-year to -$1.7 million in Q3 2026; TTM through Jul 2026 was -$39.6 million, a 75.17% increase from a year earlier, with the FY2025 full-year figure at -$273.4 million, down 310.96% from the prior year.
- Change in Inventory was -$1.7 million for Q3 2026 at On Semiconductor, down from $59.8 million in the prior quarter.
- The five-year high for Change in Inventory was $198.1 million in Q1 2023, with the low at -$184.6 million in Q2 2025.
- Average Change in Inventory over 5 years is $35.8 million, with a median of $31.3 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Change in Inventory surged 871.77% in 2023, then tumbled 9683.33% in 2025.
- Over 5 years, Change in Inventory stood at $38.3 million in 2022, then dropped by 29.77% to $26.9 million in 2023, then tumbled by 102.23% to -$600000.0 in 2024, then sank by 9683.33% to -$58.7 million in 2025, then jumped by 97.1% to -$1.7 million in 2026.
- The last three Change in Inventory figures came in at -$1.7 million (Q3 2026), $59.8 million (Q2 2026), and -$58.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | -2.34 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 300.00 Mn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 66.00 Mn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | -90.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | - |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 34.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | - |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | - |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 9.20 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | -1.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | -1.70 Mn |
| Apr 3, 2026 | 59.80 Mn |
| Dec 31, 2025 | -58.70 Mn |
| Oct 3, 2025 | -39.00 Mn |
| Jul 4, 2025 | 8.90 Mn |
| Apr 4, 2025 | -184.60 Mn |
| Dec 31, 2024 | -600,000.00 |
| Sep 27, 2024 | 16.80 Mn |
| Jun 28, 2024 | 77.70 Mn |
| Mar 29, 2024 | 35.70 Mn |
| Dec 31, 2023 | 26.90 Mn |
| Sep 29, 2023 | 120.50 Mn |
| Jun 30, 2023 | 149.70 Mn |
| Mar 31, 2023 | 198.10 Mn |
| Dec 31, 2022 | 38.30 Mn |
| Sep 30, 2022 | 12.40 Mn |
| Jul 1, 2022 | 67.80 Mn |
| Apr 1, 2022 | 116.70 Mn |
| Dec 31, 2021 | 51.30 Mn |
| Oct 1, 2021 | 18.00 Mn |