On Semiconductor (ON) Tax Provisions (2009 - 2026)
On Semiconductor's Tax Provisions was $43.4 million in Q2 2026, up 42.3% from $30.5 million a year earlier.
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Analysis
On Semiconductor (ON) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, On Semiconductor's Tax Provisions was $84.7 million through Jul 3, 2026, up 22.2% year-over-year; for FY2025, it came in at $7.7 million, down 97.1% from FY2024.
- Tax Provisions has now declined for three consecutive years.
- In earlier years, Tax Provisions was $262.8 million in FY2024 (-25.0%), $350.2 million in FY2023 (-23.6%), $458.4 million in FY2022 (+212.7%) and $146.6 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Tax Provisions since Q4 2024.
- Compared with a year earlier, Tax Provisions was higher in two of the last six quarters, with an average decline of 23.7%.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2022 (growth of 299.5%); the worst was Q4 2023 (a decline of 70.1%).
- Per Business Quant data, ON's Tax Provisions in the three quarters before Q2 2026 was -$11.7 million (Q1 2026), $35.3 million (Q4 2025) and $17.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 11.82 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 4.92 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 2.19 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 6.58 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 252.00 Mn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 29.00 Mn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 277.86 Mn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 369.00 Mn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 43.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
On Semiconductor Tax Provisions 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=tax-provisions&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();