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

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

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

On Semiconductor (ON) has reported Free Cash Flow for 18 consecutive years, with $217.2 million the latest figure, recorded in 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 came in at $217.2 million for Q2 2026 at On Semiconductor, down from $485.4 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 $287.3 million, with a median of $264.8 million recorded in 2024.
  • Across the five-year window, Free Cash Flow tumbled 119.63% in 2023 and surged 655.53% in 2024, its largest moves.
  • Year by year, Free Cash Flow stood at $358.3 million in 2022, then retreated by 28.22% to $257.2 million in 2023, then jumped by 64.23% to $422.4 million in 2024, then rose by 14.91% to $485.4 million in 2025, then plunged by 55.25% to $217.2 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $217.2 million, $485.4 million, and $372.4 million for Q2 2026, Q4 2025, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 48.59 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 17.56 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 2.63 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn -853.00 Mn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -775,000.00
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 334.00 Mn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 844.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 483.10 Mn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 1.92 Bn
10 On Semiconductor 37.29 Bn 34.91 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