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| 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 |