On Semiconductor (ON) Tax Provisions (2009 - 2026)
On Semiconductor (ON) posted Tax Provisions of $43.4 million for Q3 2026, up 470.94% on a QoQ basis from -$11.7 million in Q2 2026, and up 42.3% year-over-year from $30.5 million in Q3 2025.
Analysis
On Semiconductor (ON) Tax Provisions (2009 - 2026) Analysis & Trends
On Semiconductor has reported Tax Provisions for 18 years, with the latest figure at $43.4 million in Q3 2026.
- On a quarterly basis, Tax Provisions rose 42.3% year-over-year to $43.4 million in Q3 2026; TTM through Jul 2026 was $84.7 million, a 22.22% increase from a year earlier, with the FY2025 full-year figure at $7.7 million, down 97.07% from the prior year.
- Tax Provisions was $43.4 million for Q3 2026 at On Semiconductor, up from -$11.7 million in the prior quarter.
- The five-year high for Tax Provisions was $159.0 million in Q4 2022, with the low at -$75.8 million in Q2 2025.
- Average Tax Provisions over 5 years is $61.7 million, with a median of $63.2 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions jumped 1267.61% in 2022, then tumbled 189.7% in 2025.
- Over 5 years, Tax Provisions stood at $159.0 million in 2022, then plunged by 70.13% to $47.5 million in 2023, then surged by 32.0% to $62.7 million in 2024, then tumbled by 43.7% to $35.3 million in 2025, then advanced by 22.95% to $43.4 million in 2026.
- The last three Tax Provisions figures came in at $43.4 million (Q3 2026), -$11.7 million (Q2 2026), and $35.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 4.92 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 4.98 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 29.00 Mn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 258.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 205.78 Mn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 189.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -93.72 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -30.00 Mn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 60.10 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 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 |