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% on a QoQ basis 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 came in at -$11.7 million for Q2 2026 at On Semiconductor, down from $35.3 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 $62.8 million, with a median of $63.7 million recorded in 2024.
  • Across the five-year window, Tax Provisions soared 1267.61% in 2022 and sank 189.7% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at $159.0 million in 2022, then slumped by 70.13% to $47.5 million in 2023, then jumped by 32.0% to $62.7 million in 2024, then sank by 43.7% to $35.3 million in 2025, then slumped by 133.14% to -$11.7 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$11.7 million, $35.3 million, and $17.7 million for Q2 2026, Q4 2025, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 11.60 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 4.98 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 238.00 Mn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 335.00 Mn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn -168.00 Mn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 169.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 48.80 Mn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn -5.14 Bn
10 On Semiconductor 37.29 Bn 34.91 Bn 583.10 Mn -11.70 Mn

Historic Data

Download Data
DateValue
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