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| Date | Value |
|---|---|
| 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 |