On Semiconductor ON
NASDAQ ON
$76.14 +5.97 (+8.51%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

On Semiconductor (ON) posted Free Cash Flow of $425.4 million for Q3 2026, up 95.86% on a QoQ basis from $217.2 million in Q2 2026, and up 300.94% year-over-year from $106.1 million in Q3 2025.

Analysis

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

On Semiconductor has reported Free Cash Flow for 18 years, with the latest figure at $425.4 million in Q3 2026.

  • On a quarterly basis, Free Cash Flow rose 300.94% year-over-year to $425.4 million in Q3 2026; TTM through Jul 2026 was $1.5 billion, a 16.55% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 17.01% from the prior year.
  • Free Cash Flow was $425.4 million for Q3 2026 at On Semiconductor, up from $217.2 million in the prior quarter.
  • The five-year high for Free Cash Flow was $731.3 million in Q3 2022, with the low at -$39.8 million in Q2 2023.
  • Average Free Cash Flow over 5 years is $295.0 million, with a median of $284.4 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow sank 119.63% in 2023, then soared 655.53% in 2024.
  • Over 5 years, Free Cash Flow stood at $358.3 million in 2022, then declined by 28.22% to $257.2 million in 2023, then jumped by 64.23% to $422.4 million in 2024, then advanced by 14.91% to $485.4 million in 2025, then slipped by 12.36% to $425.4 million in 2026.
  • The last three Free Cash Flow figures came in at $425.4 million (Q3 2026), $217.2 million (Q2 2026), and $485.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Taiwan Semiconductor Manufacturing 2,246.74 Bn 2,142.69 Bn 27.22 Bn 30.72 Bn
2 Micron Technology 1,101.07 Bn 1,075.05 Bn 35.06 Bn 17.56 Bn
3 Intel 519.13 Bn 505.00 Bn 6.51 Bn 4.45 Bn
4 Texas Instruments 245.39 Bn 238.39 Bn 3.35 Bn 2.19 Bn
5 Analog Devices 183.54 Bn 181.22 Bn 2.71 Bn 1.46 Bn
6 NXP Semiconductors 59.67 Bn 56.81 Bn 2.00 Bn 812.00 Mn
7 United Microelectronics 57.00 Bn 53.04 Bn 706.26 Mn 279.14 Mn
8 STMicroelectronics 45.78 Bn 41.92 Bn 1.22 Bn -
9 Microchip Technology 40.29 Bn 40.02 Bn 938.90 Mn 473.30 Mn
10 On Semiconductor 29.64 Bn 25.80 Bn 616.30 Mn 425.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 425.40 Mn
Apr 3, 2026 217.20 Mn
Dec 31, 2025 485.40 Mn
Oct 3, 2025 372.40 Mn
Jul 4, 2025 106.10 Mn
Apr 4, 2025 454.70 Mn
Dec 31, 2024 422.40 Mn
Sep 27, 2024 304.10 Mn
Jun 28, 2024 221.10 Mn
Mar 29, 2024 264.80 Mn
Dec 31, 2023 257.20 Mn
Sep 29, 2023 133.60 Mn
Jun 30, 2023 -39.80 Mn
Mar 31, 2023 87.40 Mn
Dec 31, 2022 358.30 Mn
Sep 30, 2022 731.30 Mn
Jul 1, 2022 202.70 Mn
Apr 1, 2022 304.80 Mn
Dec 31, 2021 457.00 Mn
Oct 1, 2021 355.70 Mn