On Semiconductor (ON) Inventory (2009 - 2026)
On Semiconductor (ON) posted Inventory of $2.0 billion for Q3 2026, little changed on a QoQ basis from $2.0 billion in Q2 2026, and down 1.9% year-over-year from $2.1 billion in Q3 2025.
Analysis
On Semiconductor (ON) Inventory (2009 - 2026) Analysis & Trends
On Semiconductor has reported Inventory for 18 years, with the latest figure at $2.0 billion in Q3 2026.
- On a quarterly basis, Inventory fell 1.9% year-over-year to $2.0 billion in Q3 2026; TTM through Jul 2026 was $2.0 billion, a 1.9% decrease from a year earlier, with the FY2025 full-year figure at $2.0 billion, down 11.26% from the prior year.
- Inventory was $2.0 billion for Q3 2026 at On Semiconductor, roughly flat from $2.0 billion in the prior quarter.
- The five-year high for Inventory was $2.2 billion in Q3 2024, with the low at $1.5 billion in Q2 2022.
- Average Inventory over 5 years is $2.0 billion, with a median of $2.0 billion recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Inventory soared 32.33% in 2023, then retreated 11.26% in 2025.
- Over 5 years, Inventory stood at $1.6 billion in 2022, then surged by 30.62% to $2.1 billion in 2023, then gained by 6.17% to $2.2 billion in 2024, then slipped by 11.26% to $2.0 billion in 2025, then gained by 2.91% to $2.0 billion in 2026.
- The last three Inventory figures came in at $2.0 billion (Q3 2026), $2.0 billion (Q2 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 12.20 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 8.57 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 12.49 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 4.61 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 1.93 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 2.56 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | 1.20 Bn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | 3.19 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 1.05 Bn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 2.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 2.05 Bn |
| Apr 3, 2026 | 2.05 Bn |
| Dec 31, 2025 | 1.99 Bn |
| Oct 3, 2025 | 2.05 Bn |
| Jul 4, 2025 | 2.09 Bn |
| Apr 4, 2025 | 2.08 Bn |
| Dec 31, 2024 | 2.24 Bn |
| Sep 27, 2024 | 2.24 Bn |
| Jun 28, 2024 | 2.22 Bn |
| Mar 29, 2024 | 2.15 Bn |
| Dec 31, 2023 | 2.11 Bn |
| Sep 29, 2023 | 2.08 Bn |
| Jun 30, 2023 | 1.96 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.58 Bn |
| Jul 1, 2022 | 1.56 Bn |
| Apr 1, 2022 | 1.50 Bn |
| Dec 31, 2021 | 1.38 Bn |
| Oct 1, 2021 | 1.33 Bn |