On Semiconductor (ON) Operating Income (2009 - 2026)
On Semiconductor (ON) posted quarterly Operating Income of -$53.4 million for Q2 2026, up 90.69% year-over-year from -$28.0 million in Q2 2025, and down 126.69% quarter-over-quarter from $200.1 million in Q4 2025.
On Semiconductor (ON) Operating Income (2009 - 2026) Analysis & Trends
On Semiconductor (ON) has reported Operating Income for 18 consecutive years, with -$53.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income rose 90.69% year-over-year to -$53.4 million; the TTM figure through Apr 2026 stood at $604.5 million (down 9.61% YoY), while the FY2025 annual figure was $84.2 million, down 95.24% from the prior year.
- Operating Income fell to -$53.4 million in Q2 2026 per ON's latest filing, from $200.1 million in the prior quarter.
- Across five years, Operating Income topped out at $704.3 million in Q4 2022 and bottomed at -$573.7 million in Q2 2025.
- Historically, Operating Income has averaged $394.0 million across 5 years, with a median of $445.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income jumped 414.06% — and 2025, when it slumped 209.23%.
- On Semiconductor's Operating Income stood at $704.3 million in 2022, then retreated by 13.09% to $612.1 million in 2023, then slumped by 33.25% to $408.6 million in 2024, then plunged by 51.03% to $200.1 million in 2025, then tumbled by 126.69% to -$53.4 million in 2026.
- Business Quant data shows ON's Operating Income at -$53.4 million in Q2 2026, $200.1 million in Q4 2025, and $264.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 20.85 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 53.54 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 10.79 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 33.32 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 1.99 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 1.80 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | 91.00 Mn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 2.31 Bn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 339.40 Mn |
| 10 | On Semiconductor | 28.90 Bn | 25.03 Bn | 616.30 Mn | 258.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 258.60 Mn |
| Apr 3, 2026 | -53.40 Mn |
| Dec 31, 2025 | 200.10 Mn |
| Oct 3, 2025 | 264.40 Mn |
| Jul 4, 2025 | 193.40 Mn |
| Apr 4, 2025 | -573.70 Mn |
| Dec 31, 2024 | 408.60 Mn |
| Sep 27, 2024 | 445.40 Mn |
| Jun 28, 2024 | 388.50 Mn |
| Mar 29, 2024 | 525.20 Mn |
| Dec 31, 2023 | 612.10 Mn |
| Sep 29, 2023 | 687.00 Mn |
| Jun 30, 2023 | 674.70 Mn |
| Mar 31, 2023 | 564.90 Mn |
| Dec 31, 2022 | 704.30 Mn |
| Sep 30, 2022 | 424.50 Mn |
| Jul 1, 2022 | 584.00 Mn |
| Apr 1, 2022 | 647.20 Mn |
| Dec 31, 2021 | 480.30 Mn |
| Oct 1, 2021 | 399.20 Mn |