On Semiconductor (ON) Inventory (2009 - 2026)
On Semiconductor (ON) posted Inventory of $2.05 billion for Q2 2026, down 1.9% from $2.09 billion a year earlier and down 0.1% from the prior quarter.
Powered by 
Analysis
On Semiconductor (ON) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, On Semiconductor's Inventory came in at $1.99 billion, down 11.3% from FY2024.
- Annual Inventory shows a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In prior years, On Semiconductor's Inventory was $2.24 billion in FY2024 (+6.2%), $2.11 billion in FY2023 (+30.6%), $1.62 billion in FY2022 (+17.2%) and $1.38 billion in FY2021 (+10.2%).
- Quarterly Inventory has run from a low of $1.33 billion in Q3 2021 to a high of $2.24 billion in Q3 2024 over five years.
- On a year-over-year basis, Inventory has declined in each of the last six quarters, with an average decline of 2.4% over the last eight quarters.
- The strongest year-over-year quarter for Inventory in the past five years was Q3 2023, with growth of 32.3%; the weakest was Q4 2025, with a decline of 11.3%.
- According to Business Quant data, Inventory for the three prior quarters was $2.05 billion (Q1 2026), $1.99 billion (Q4 2025) and $2.05 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 31.58 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 12.10 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 4.52 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 10.37 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 8.47 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 13.43 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 12.49 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 4.28 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 6.56 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 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 |
API Access
On Semiconductor Inventory 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=inventory&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();