On Semiconductor (ON) Other Working Capital Changes (2009 - 2026)
On Semiconductor's Other Working Capital Changes came in at $11.1 million for Q2 2026, down 83.5% from $67.4 million a year earlier and down 71.2% from the prior quarter.
On Semiconductor (ON) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, On Semiconductor reported Other Working Capital Changes of -$144.2 million; for FY2025, it came in at -$89.6 million.
- Going back by year, Other Working Capital Changes was -$107 million in FY2024, -$700,000 in FY2023, $110.5 million in FY2022 (+382.5%) and $22.9 million in FY2021 (-61.8%).
- The five-year range for quarterly Other Working Capital Changes is -$124.4 million (Q4 2024) to $88.2 million (Q1 2024).
- Year-over-year, Other Working Capital Changes increased in two of the last four quarters, with growth averaging 93.9%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in Q2 2022 (growth of 692.2%), and the weakest in Q2 2024 (a decline of 87.0%).
- Business Quant data shows ON's Other Working Capital Changes at $38.5 million (Q1 2026), -$91.3 million (Q4 2025) and -$102.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | -30.20 Mn |
| Apr 3, 2026 | -56.30 Mn |
| Dec 31, 2025 | 80.60 Mn |
| Oct 3, 2025 | 86.20 Mn |
| Jul 4, 2025 | -86.40 Mn |
| Apr 4, 2025 | -58.50 Mn |
| Dec 31, 2024 | 69.60 Mn |
| Sep 27, 2024 | 65.70 Mn |
| Jun 28, 2024 | -27.80 Mn |
| Mar 29, 2024 | -115.30 Mn |
| Dec 31, 2023 | -70.20 Mn |
| Sep 29, 2023 | 22.10 Mn |
| Jun 30, 2023 | -24.50 Mn |
| Mar 31, 2023 | 88.20 Mn |
| Dec 31, 2022 | -77.70 Mn |
| Sep 30, 2022 | 55.30 Mn |
| Jul 1, 2022 | -103.50 Mn |
| Apr 1, 2022 | 23.80 Mn |
| Dec 31, 2021 | 53.00 Mn |
| Oct 1, 2021 | -29.60 Mn |
On Semiconductor Other Working Capital Changes 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=other-working-capital-changes&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();