On Semiconductor (ON) Free Cash Flow (2009 - 2026)

On Semiconductor (ON) recorded quarterly Free Cash Flow of $217.2 million in Q2 2026, down 55.25% quarter-over-quarter from $485.4 million in Q4 2025, and down 52.23% on a YoY basis from $454.7 million in Q2 2025.

On Semiconductor (ON) Free Cash Flow (2009 - 2026) Analysis & Trends

On Semiconductor's Free Cash Flow history runs 18 years deep, the most recent figure standing at $217.2 million for Q2 2026.

  • In Q2 2026, Free Cash Flow fell 52.23% year-over-year to $217.2 million; the TTM figure through Apr 2026 stood at $1.2 billion (down 15.77% YoY), while the FY2025 annual figure was $1.4 billion, up 17.01% from the prior year.
  • Free Cash Flow was $217.2 million for Q2 2026 at On Semiconductor, down from $485.4 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $731.3 million in Q3 2022 to a low of -$39.8 million in Q2 2023.
  • Historically, Free Cash Flow has averaged $287.3 million across 5 years, with a median of $264.8 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow slumped 119.63% in 2023, then surged 655.53% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $358.3 million in 2022, then dropped by 28.22% to $257.2 million in 2023, then jumped by 64.23% to $422.4 million in 2024, then climbed by 14.91% to $485.4 million in 2025, then tumbled by 55.25% to $217.2 million in 2026.
  • The last three Free Cash Flow figures came in at $217.2 million (Q2 2026), $485.4 million (Q4 2025), and $372.4 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 48.59 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 10.26 Bn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 5.52 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn -
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 2.63 Bn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn -853.00 Mn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 844.00 Mn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 483.10 Mn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn 1.92 Bn
10 On Semiconductor 47.99 Bn 45.60 Bn 583.10 Mn 217.20 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 217.20 Mn
Apr 3, 2026 217.20 Mn
Dec 31, 2025 485.40 Mn
Dec 31, 2025 485.40 Mn
Oct 3, 2025 372.40 Mn
Oct 3, 2025 372.40 Mn
Jul 4, 2025 106.10 Mn
Jul 4, 2025 106.10 Mn
Apr 4, 2025 454.70 Mn
Apr 4, 2025 454.70 Mn
Dec 31, 2024 422.40 Mn
Dec 31, 2024 422.40 Mn
Sep 27, 2024 304.10 Mn
Sep 27, 2024 304.10 Mn
Jun 28, 2024 221.10 Mn
Jun 28, 2024 221.10 Mn
Mar 29, 2024 264.80 Mn
Mar 29, 2024 264.80 Mn
Dec 31, 2023 257.20 Mn
Dec 31, 2023 257.20 Mn