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| 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 |