On Semiconductor (ON) Shares Outstanding (Diluted) (2009 - 2026)
On Semiconductor (ON) recorded Shares Outstanding (Diluted) of 404.4 million in Q2 2026, down 2.5% from 414.9 million a year earlier but up 2.6% from the prior quarter.
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Analysis
On Semiconductor (ON) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, On Semiconductor reported Shares Outstanding (Diluted) of 411.8 million, down 4.8% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for three straight years, with a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 432.7 million in FY2024 (-3.2%), 446.8 million in FY2023 (-0.3%), 448.2 million in FY2022 (+1.0%) and 443.8 million in FY2021 (+6.0%).
- Quarterly Shares Outstanding (Diluted) has ranged from 394.1 million in Q1 2026 to 450.7 million in Q3 2023 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 11 consecutive quarters, with an average decline of 4.3% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 6.0% in Q4 2021, against a decline of 6.5% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 394.1 million (Q1 2026), 411.8 million (Q4 2025) and 408 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 24.29 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 5.19 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 4.89 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 1.14 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 1.66 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 388.90 Mn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 5.10 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 1.26 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 800.00 Mn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 404.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 404.40 Mn |
| Apr 3, 2026 | 394.10 Mn |
| Dec 31, 2025 | 411.80 Mn |
| Oct 3, 2025 | 408.00 Mn |
| Jul 4, 2025 | 414.90 Mn |
| Apr 4, 2025 | 421.30 Mn |
| Dec 31, 2024 | 432.70 Mn |
| Sep 27, 2024 | 431.70 Mn |
| Jun 28, 2024 | 433.20 Mn |
| Mar 29, 2024 | 436.50 Mn |
| Dec 31, 2023 | 446.80 Mn |
| Sep 29, 2023 | 450.70 Mn |
| Jun 30, 2023 | 448.70 Mn |
| Mar 31, 2023 | 448.50 Mn |
| Dec 31, 2022 | 448.20 Mn |
| Sep 30, 2022 | 448.70 Mn |
| Jul 1, 2022 | 447.00 Mn |
| Apr 1, 2022 | 448.90 Mn |
| Dec 31, 2021 | 443.80 Mn |
| Oct 1, 2021 | 440.70 Mn |
API Access
On Semiconductor Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();