On Semiconductor (ON) Inventory Average (2010 - 2026)
On Semiconductor (ON) posted quarterly Inventory Average of $2.0 billion for Q2 2026, down 6.51% year-over-year from $2.2 billion in Q2 2025, and little changed quarter-over-quarter from $2.0 billion in Q4 2025.
On Semiconductor (ON) Inventory Average (2010 - 2026) Analysis & Trends
On Semiconductor (ON) has reported Inventory Average for 17 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Inventory Average fell 6.51% year-over-year to $2.0 billion; the TTM figure through Apr 2026 stood at $2.0 billion (down 6.51% YoY), while the FY2025 annual figure was $2.1 billion, down 2.81% from the prior year.
- Inventory Average was little changed at $2.0 billion in Q2 2026 per ON's latest filing, from $2.0 billion in the prior quarter.
- Across five years, Inventory Average topped out at $2.2 billion in Q4 2024 and bottomed at $1.4 billion in Q2 2022.
- Historically, Inventory Average has averaged $1.9 billion across 5 years, with a median of $2.0 billion in 2023.
- Annual changes were most pronounced in 2023 — Inventory Average surged 31.46% — and 2025, when it declined 9.97%.
- On Semiconductor's Inventory Average stood at $1.6 billion in 2022, then jumped by 31.46% to $2.1 billion in 2023, then gained by 6.87% to $2.2 billion in 2024, then dropped by 9.97% to $2.0 billion in 2025, then rose by 0.03% to $2.0 billion in 2026.
- Business Quant data shows ON's Inventory Average at $2.0 billion in Q2 2026, $2.0 billion in Q4 2025, and $2.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 9.58 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 23.60 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 3.65 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 8.42 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 8.26 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 12.46 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | - |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 4.65 Bn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 1.39 Bn |
| 10 | On Semiconductor | 28.90 Bn | 25.03 Bn | 616.30 Mn | 2.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 2.05 Bn |
| Apr 3, 2026 | 2.02 Bn |
| Dec 31, 2025 | 2.02 Bn |
| Oct 3, 2025 | 2.07 Bn |
| Jul 4, 2025 | 2.08 Bn |
| Apr 4, 2025 | 2.16 Bn |
| Dec 31, 2024 | 2.24 Bn |
| Sep 27, 2024 | 2.23 Bn |
| Jun 28, 2024 | 2.19 Bn |
| Mar 29, 2024 | 2.13 Bn |
| Dec 31, 2023 | 2.10 Bn |
| Sep 29, 2023 | 2.02 Bn |
| Jun 30, 2023 | 1.89 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.60 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Jul 1, 2022 | 1.53 Bn |
| Apr 1, 2022 | 1.44 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Oct 1, 2021 | 1.32 Bn |