On Semiconductor (ON) Gross Profit (2009 - 2026)
On Semiconductor's Gross Profit came in at $616.3 million for Q2 2026, up 11.7% from $551.9 million a year earlier and up 5.7% from the prior quarter.
On Semiconductor (ON) Gross Profit (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, On Semiconductor reported Gross Profit of $2.34 billion, down 3.6% year-over-year; for FY2025, it was $1.98 billion, down 38.3% from FY2024.
- Gross Profit has declined in each of the last three years, though with a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- Going back by year, Gross Profit was $3.22 billion in FY2024 (-17.2%), $3.88 billion in FY2023 (-4.8%), $4.08 billion in FY2022 (+50.2%) and $2.71 billion in FY2021 (+58.2%).
- The Q2 2026 figure represents the highest quarterly Gross Profit since Q4 2024.
- Year-over-year, Gross Profit increased in two of the last eight quarters, with an average decline of 10.1%.
- The fastest year-over-year change in Gross Profit over five years came in Q1 2026 (growth of 98.5%), and the weakest in Q1 2025 (a decline of 65.6%).
- Business Quant data shows ON's Gross Profit at $583.1 million (Q1 2026), $551 million (Q4 2025) and $587.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 616.30 Mn |
| Apr 3, 2026 | 583.10 Mn |
| Dec 31, 2025 | 551.00 Mn |
| Oct 3, 2025 | 587.20 Mn |
| Jul 4, 2025 | 551.90 Mn |
| Apr 4, 2025 | 293.80 Mn |
| Dec 31, 2024 | 779.10 Mn |
| Sep 27, 2024 | 799.40 Mn |
| Jun 28, 2024 | 784.00 Mn |
| Mar 29, 2024 | 853.60 Mn |
| Dec 31, 2023 | 941.90 Mn |
| Sep 29, 2023 | 1.03 Bn |
| Jun 30, 2023 | 993.40 Mn |
| Mar 31, 2023 | 917.50 Mn |
| Dec 31, 2022 | 1.02 Bn |
| Sep 30, 2022 | 1.06 Bn |
| Jul 1, 2022 | 1.04 Bn |
| Apr 1, 2022 | 961.30 Mn |
| Dec 31, 2021 | 832.20 Mn |
| Oct 1, 2021 | 720.80 Mn |
On Semiconductor Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "ON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();