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

On Semiconductor (ON) Tax Provisions (2009 - 2026)

On Semiconductor (ON) posted quarterly Tax Provisions of -$11.7 million for Q2 2026, up 84.56% year-over-year from -$6.3 million in Q2 2025, and down 133.14% quarter-over-quarter from $35.3 million in Q4 2025.

On Semiconductor (ON) Tax Provisions (2009 - 2026) Analysis & Trends

On Semiconductor (ON) has reported Tax Provisions for 18 consecutive years, with -$11.7 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Tax Provisions rose 84.56% year-over-year to -$11.7 million; the TTM figure through Apr 2026 stood at $71.8 million (down 29.95% YoY), while the FY2025 annual figure was $7.7 million, down 97.07% from the prior year.
  • Tax Provisions eased to -$11.7 million in Q2 2026 per ON's latest filing, from $35.3 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $159.0 million in Q4 2022 and bottomed at -$75.8 million in Q2 2025.
  • Historically, Tax Provisions has averaged $62.8 million across 5 years, with a median of $63.7 million in 2024.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 1267.61% — and 2025, when it tumbled 189.7%.
  • On Semiconductor's Tax Provisions stood at $159.0 million in 2022, then plunged by 70.13% to $47.5 million in 2023, then soared by 32.0% to $62.7 million in 2024, then tumbled by 43.7% to $35.3 million in 2025, then plunged by 133.14% to -$11.7 million in 2026.
  • Business Quant data shows ON's Tax Provisions at -$11.7 million in Q2 2026, $35.3 million in Q4 2025, and $17.7 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Taiwan Semiconductor Manufacturing 10,848.43 Bn 10,750.17 Bn 23.77 Bn 3.64 Bn
2 Nvidia 5,220.28 Bn 5,169.94 Bn 61.16 Bn 11.60 Bn
3 Broadcom 1,746.09 Bn 1,726.46 Bn 15.42 Bn 820.00 Mn
4 Micron Technology 1,092.82 Bn 1,066.80 Bn 35.06 Bn 4.98 Bn
5 Advanced Micro Devices 773.31 Bn 760.20 Bn 6.20 Bn 252.00 Mn
6 Intel 459.59 Bn 429.86 Bn 6.51 Bn 29.00 Mn
7 Arm Holdings 259.13 Bn 255.24 Bn 1.25 Bn 17.00 Mn
8 Texas Instruments 241.28 Bn 234.28 Bn 3.35 Bn 258.00 Mn
9 Marvell Technology 209.48 Bn 205.64 Bn 1.26 Bn 48.80 Mn
10 On Semiconductor 28.90 Bn 25.03 Bn 616.30 Mn 43.40 Mn

Historic Data

Download Data
DateValue
Jul 3, 2026 43.40 Mn
Apr 3, 2026 -11.70 Mn
Dec 31, 2025 35.30 Mn
Oct 3, 2025 17.70 Mn
Jul 4, 2025 30.50 Mn
Apr 4, 2025 -75.80 Mn
Dec 31, 2024 62.70 Mn
Sep 27, 2024 51.90 Mn
Jun 28, 2024 63.70 Mn
Mar 29, 2024 84.50 Mn
Dec 31, 2023 47.50 Mn
Sep 29, 2023 114.60 Mn
Jun 30, 2023 104.40 Mn
Mar 31, 2023 83.70 Mn
Dec 31, 2022 159.00 Mn
Sep 30, 2022 94.90 Mn
Jul 1, 2022 107.40 Mn
Apr 1, 2022 97.10 Mn
Dec 31, 2021 39.80 Mn
Oct 1, 2021 61.80 Mn