On Semiconductor ON
NASDAQ ON
$74.21 -0.50 (-0.67%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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