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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |