On Semiconductor (ON) Free Cash Flow (2009 - 2026)
On Semiconductor's quarterly Free Cash Flow came in at $217.2 million in Q2 2026, down 52.23% year-on-year from $454.7 million in Q2 2025, and down 55.25% quarter-over-quarter from $485.4 million in Q4 2025.
On Semiconductor has reported Free Cash Flow for 18 years, with the latest figure at $217.2 million in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow fell 52.23% year-over-year to $217.2 million; the trailing twelve-month figure through Apr 2026 stood at $1.2 billion (down 15.77% YoY), and the FY2025 full-year result was $1.4 billion, up 17.01% from the prior year.
- Free Cash Flow for Q2 2026 stood at $217.2 million, 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.
- Year-over-year, Free Cash Flow slumped 119.63% in 2023 and jumped 655.53% in 2024.
- Tracing ON's Free Cash Flow over 5 years: stood at $358.3 million in 2022, then declined by 28.22% to $257.2 million in 2023, then surged by 64.23% to $422.4 million in 2024, then grew by 14.91% to $485.4 million in 2025, then slumped 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 | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 48.59 Bn |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 8.01 Bn |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 5.52 Bn |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 2.63 Bn |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | -853.00 Mn |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 844.00 Mn |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 1.92 Bn |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 734.34 Mn |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 483.10 Mn |
| 10 | On Semiconductor | 47.65 Bn | 45.27 Bn | 583.10 Mn | 217.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 29, 2023 | 133.60 Mn |
| Sep 29, 2023 | 133.60 Mn |
| Jun 30, 2023 | -39.80 Mn |
| Jun 30, 2023 | -39.80 Mn |
| Mar 31, 2023 | 87.40 Mn |
| Mar 31, 2023 | 87.40 Mn |
| Dec 31, 2022 | 358.30 Mn |
| Dec 31, 2022 | 358.30 Mn |
| Sep 30, 2022 | 731.30 Mn |
| Sep 30, 2022 | 731.30 Mn |
| Jul 1, 2022 | 202.70 Mn |
| Jul 1, 2022 | 202.70 Mn |
| Apr 1, 2022 | 304.80 Mn |
| Apr 1, 2022 | 304.80 Mn |
| Dec 31, 2021 | 457.00 Mn |
| Dec 31, 2021 | 457.00 Mn |
| Oct 1, 2021 | 355.70 Mn |
| Oct 1, 2021 | 355.70 Mn |
| Jul 2, 2021 | 383.20 Mn |
| Jul 2, 2021 | 383.20 Mn |
| Apr 2, 2021 | 141.50 Mn |
| Apr 2, 2021 | 141.50 Mn |
| Dec 31, 2020 | 284.00 Mn |
| Dec 31, 2020 | 284.00 Mn |
| Oct 2, 2020 | -99.30 Mn |
| Oct 2, 2020 | -99.30 Mn |
| Jul 3, 2020 | 154.50 Mn |
| Jul 3, 2020 | 154.50 Mn |
| Apr 3, 2020 | 161.50 Mn |
| Apr 3, 2020 | 161.50 Mn |
| Dec 31, 2019 | 445.10 Mn |
| Dec 31, 2019 | 445.10 Mn |
| Sep 27, 2019 | 221.20 Mn |
| Sep 27, 2019 | 221.20 Mn |
| Jun 28, 2019 | -644.40 Mn |
| Jun 28, 2019 | -644.40 Mn |
| Mar 29, 2019 | 138.20 Mn |
| Mar 29, 2019 | 138.20 Mn |
| Dec 31, 2018 | 289.00 Mn |
| Dec 31, 2018 | 289.00 Mn |
| Sep 28, 2018 | 227.80 Mn |
| Sep 28, 2018 | 227.80 Mn |
| Jun 29, 2018 | 115.60 Mn |
| Jun 29, 2018 | 115.60 Mn |
| Mar 30, 2018 | 127.00 Mn |
| Mar 30, 2018 | 127.00 Mn |
| Dec 31, 2017 | 48.60 Mn |
| Dec 31, 2017 | 48.60 Mn |
| Sep 29, 2017 | 238.10 Mn |
| Sep 29, 2017 | 238.10 Mn |
| Jun 30, 2017 | 264.20 Mn |
| Jun 30, 2017 | 264.20 Mn |
| Mar 31, 2017 | 155.80 Mn |
| Mar 31, 2017 | 155.80 Mn |
| Dec 31, 2016 | 179.40 Mn |
| Dec 31, 2016 | 179.40 Mn |
| Sep 30, 2016 | 96.80 Mn |
| Sep 30, 2016 | 96.80 Mn |
| Jul 1, 2016 | 52.20 Mn |
| Jul 1, 2016 | 52.20 Mn |
| Apr 1, 2016 | 42.00 Mn |
| Apr 1, 2016 | 42.00 Mn |
| Dec 31, 2015 | 91.20 Mn |
| Dec 31, 2015 | 91.20 Mn |
| Oct 2, 2015 | 63.80 Mn |
| Oct 2, 2015 | 63.80 Mn |
| Jul 3, 2015 | 26.10 Mn |
| Jul 3, 2015 | 26.10 Mn |
| Apr 3, 2015 | 18.70 Mn |
| Apr 3, 2015 | 18.70 Mn |
| Dec 31, 2014 | 121.20 Mn |
| Dec 31, 2014 | 121.20 Mn |
| Sep 26, 2014 | 25.80 Mn |
| Sep 26, 2014 | 25.80 Mn |
| Jun 27, 2014 | 102.80 Mn |
| Jun 27, 2014 | 102.80 Mn |
| Mar 28, 2014 | 27.20 Mn |
| Mar 28, 2014 | 27.20 Mn |
| Dec 31, 2013 | 106.90 Mn |
| Dec 31, 2013 | 106.90 Mn |
| Sep 27, 2013 | 9.50 Mn |
| Sep 27, 2013 | 9.50 Mn |
| Jun 28, 2013 | 9.40 Mn |
| Jun 28, 2013 | 9.40 Mn |
| Mar 29, 2013 | 46.30 Mn |
| Mar 29, 2013 | 46.30 Mn |
| Dec 31, 2012 | 79.10 Mn |
| Dec 31, 2012 | 79.10 Mn |
| Sep 28, 2012 | -72.20 Mn |
| Sep 28, 2012 | -72.20 Mn |
| Jun 29, 2012 | -5.20 Mn |
| Jun 29, 2012 | -5.20 Mn |
| Mar 30, 2012 | 18.00 Mn |
| Mar 30, 2012 | 18.00 Mn |
| Dec 31, 2011 | 107.60 Mn |
| Dec 31, 2011 | 107.60 Mn |
| Sep 30, 2011 | 33.40 Mn |
| Sep 30, 2011 | 33.40 Mn |
| Jul 1, 2011 | 51.20 Mn |
| Jul 1, 2011 | 51.20 Mn |
| Apr 1, 2011 | 36.90 Mn |
| Apr 1, 2011 | 36.90 Mn |
| Dec 31, 2010 | 116.80 Mn |
| Dec 31, 2010 | 116.80 Mn |
| Oct 1, 2010 | 71.20 Mn |
| Oct 1, 2010 | 71.20 Mn |
| Jul 2, 2010 | 106.40 Mn |
| Jul 2, 2010 | 106.40 Mn |
| Apr 2, 2010 | 68.50 Mn |
| Apr 2, 2010 | 68.50 Mn |
| Dec 31, 2009 | 95.70 Mn |
| Dec 31, 2009 | 95.70 Mn |
| Oct 2, 2009 | 78.30 Mn |
| Oct 2, 2009 | 78.30 Mn |