On Semiconductor (ON) Tax Provisions (2009 - 2026)
On Semiconductor (ON) recorded quarterly Tax Provisions of -$11.7 million in Q2 2026, down 133.14% quarter-over-quarter from $35.3 million in Q4 2025, and up 84.56% on a YoY basis from -$6.3 million in Q2 2025.
On Semiconductor (ON) Tax Provisions (2009 - 2026) Analysis & Trends
On Semiconductor's Tax Provisions history runs 18 years deep, the most recent figure standing at -$11.7 million for 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 was -$11.7 million for Q2 2026 at On Semiconductor, down from $35.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $159.0 million in Q4 2022 to a low of -$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.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 1267.61% in 2022, then plunged 189.7% in 2025.
- A 5-year view of Tax Provisions shows it stood at $159.0 million in 2022, then sank by 70.13% to $47.5 million in 2023, then jumped by 32.0% to $62.7 million in 2024, then plunged by 43.7% to $35.3 million in 2025, then sank by 133.14% to -$11.7 million in 2026.
- The last three Tax Provisions figures came in at -$11.7 million (Q2 2026), $35.3 million (Q4 2025), and $17.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 11.60 Bn |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 820.00 Mn |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 2.37 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 3.64 Bn |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 238.00 Mn |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | 335.00 Mn |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 169.00 Mn |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 48.80 Mn |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | -5.14 Bn |
| 10 | On Semiconductor | 47.99 Bn | 45.60 Bn | 583.10 Mn | -11.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 2, 2021 | 37.90 Mn |