On Semiconductor (ON) Operating Margin (2009 - 2026)
On Semiconductor's quarterly Operating Margin came in at 3.53% in Q2 2026, up 3615.0% year-on-year from 0.09% in Q2 2025, and down 126.98% quarter-over-quarter from 13.08% in Q4 2025.
On Semiconductor has reported Operating Margin for 18 years, with the latest figure at 3.53% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 3615.0% year-over-year to 3.53%; the trailing twelve-month figure through Apr 2026 stood at 9.97% (down 6.0% YoY), and the FY2025 full-year result was 1.4%, down 2355.0% from the prior year.
- Operating Margin for Q2 2026 stood at 3.53%, down from 13.08% in the prior quarter.
- The five-year high for Operating Margin was 33.48% in Q4 2022, with the low at 39.68% in Q2 2025.
- Average Operating Margin over 5 years is 19.8%, with a median of 25.28% recorded in 2024.
- Year-over-year, Operating Margin sank 6788 bps in 2025 and soared 3615 bps in 2026.
- Tracing ON's Operating Margin over 5 years: stood at 33.48% in 2022, then dropped by 9 bps to 30.33% in 2023, then decreased by 22 bps to 23.72% in 2024, then tumbled by 45 bps to 13.08% in 2025, then plunged by 127 bps to 3.53% in 2026.
- The last three Operating Margin figures came in at 3.53% (Q2 2026), 13.08% (Q4 2025), and 17.05% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 65.60% |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 44.34% |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 67.62% |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 14.40% |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | -23.10% |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 37.47% |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 25.49% |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 38.08% |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 14.04% |
| 10 | On Semiconductor | 47.65 Bn | 45.27 Bn | 583.10 Mn | -3.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | -3.53% |
| Dec 31, 2025 | 13.08% |
| Oct 3, 2025 | 17.05% |
| Jul 4, 2025 | 13.17% |
| Apr 4, 2025 | -39.68% |
| Dec 31, 2024 | 23.72% |
| Sep 27, 2024 | 25.28% |
| Jun 28, 2024 | 22.39% |
| Mar 29, 2024 | 28.20% |
| Dec 31, 2023 | 30.33% |
| Sep 29, 2023 | 31.50% |
| Jun 30, 2023 | 32.21% |
| Mar 31, 2023 | 28.83% |
| Dec 31, 2022 | 33.48% |
| Sep 30, 2022 | 19.36% |
| Jul 1, 2022 | 28.01% |
| Apr 1, 2022 | 33.28% |
| Dec 31, 2021 | 26.02% |
| Oct 1, 2021 | 22.91% |
| Jul 2, 2021 | 16.90% |
| Apr 2, 2021 | 8.50% |
| Dec 31, 2020 | 11.62% |
| Oct 2, 2020 | 9.03% |
| Jul 3, 2020 | 3.55% |
| Apr 3, 2020 | 1.46% |
| Dec 31, 2019 | 9.91% |
| Sep 27, 2019 | -3.18% |
| Jun 28, 2019 | 11.75% |
| Mar 29, 2019 | 12.94% |
| Dec 31, 2018 | 14.82% |
| Sep 28, 2018 | 15.67% |
| Jun 29, 2018 | 13.54% |
| Mar 30, 2018 | 13.48% |
| Dec 31, 2017 | 12.16% |
| Sep 29, 2017 | 12.73% |
| Jun 30, 2017 | 11.51% |
| Mar 31, 2017 | 12.74% |
| Dec 31, 2016 | 5.27% |
| Sep 30, 2016 | 4.91% |
| Jul 1, 2016 | 8.58% |
| Apr 1, 2016 | 7.15% |
| Dec 31, 2015 | 6.60% |
| Oct 2, 2015 | 7.68% |
| Jul 3, 2015 | 7.70% |
| Apr 3, 2015 | 7.85% |
| Dec 31, 2014 | 1.69% |
| Sep 26, 2014 | 6.81% |
| Jun 27, 2014 | 11.46% |
| Mar 28, 2014 | 10.01% |
| Dec 31, 2013 | 7.38% |
| Sep 27, 2013 | 9.41% |
| Jun 28, 2013 | 7.40% |
| Mar 29, 2013 | 5.70% |
| Dec 31, 2012 | -19.91% |
| Sep 28, 2012 | 6.15% |
| Jun 29, 2012 | 3.61% |
| Mar 30, 2012 | 5.86% |
| Dec 31, 2011 | 3.97% |
| Sep 30, 2011 | -0.75% |
| Jul 1, 2011 | 6.28% |
| Apr 1, 2011 | 3.76% |
| Dec 31, 2010 | 13.95% |
| Oct 1, 2010 | 17.93% |
| Jul 2, 2010 | 17.40% |
| Apr 2, 2010 | 15.30% |
| Dec 31, 2009 | 16.86% |
| Oct 2, 2009 | 10.51% |