On Semiconductor (ON) Work In Process (2010 - 2026)

On Semiconductor (ON) posted quarterly Work In Process of $1.4 billion for Q2 2026, up 5.85% year-over-year from $1.3 billion in Q2 2025, and up 2.51% on a QoQ basis from $1.4 billion in Q4 2025.

On Semiconductor (ON) Work In Process (2010 - 2026) Analysis & Trends

On Semiconductor (ON) has reported Work In Process for 17 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.

  • In Q2 2026, Work In Process rose 5.85% year-over-year to $1.4 billion; the TTM figure through Apr 2026 stood at $1.4 billion (up 5.85% YoY), while the FY2025 annual figure was $1.4 billion, changed 0.22% from the prior year.
  • Work In Process came in at $1.4 billion for Q2 2026 at On Semiconductor, up from $1.4 billion in the prior quarter.
  • The five-year high for Work In Process was $1.4 billion in Q2 2026, with the low at $951.0 million in Q4 2022.
  • Average Work In Process over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2024.
  • Across the five-year window, Work In Process advanced 28.4% in 2023 and declined 0.22% in 2025, its largest moves.
  • Year by year, Work In Process stood at $951.0 million in 2022, then gained by 28.4% to $1.2 billion in 2023, then increased by 13.99% to $1.4 billion in 2024, then retreated by 0.22% to $1.4 billion in 2025, then gained by 2.51% to $1.4 billion in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $1.4 billion, $1.4 billion, and $1.4 billion for Q2 2026, Q4 2025, and Q4 2025 respectively.

Peer Comparison

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

Historic Data

Download Data
DateValue
Apr 3, 2026 1.42 Bn
Dec 31, 2025 1.39 Bn
Oct 3, 2025 1.38 Bn
Jul 4, 2025 1.39 Bn
Apr 4, 2025 1.35 Bn
Dec 31, 2024 1.39 Bn
Sep 27, 2024 1.38 Bn
Jun 28, 2024 1.34 Bn
Mar 29, 2024 1.31 Bn
Dec 31, 2023 1.22 Bn
Sep 29, 2023 1.22 Bn
Jun 30, 2023 1.18 Bn
Mar 31, 2023 1.05 Bn
Dec 31, 2022 951.00 Mn
Sep 30, 2022 962.20 Mn
Jul 1, 2022 1.01 Bn
Apr 1, 2022 971.50 Mn
Dec 31, 2021 888.90 Mn
Oct 1, 2021 871.70 Mn
Jul 2, 2021 844.80 Mn