On Semiconductor ON
NASDAQ ON
$74.21 -0.50 (-0.67%)
At close: Aug 21, 2026 · 4:00 PM EDT

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% quarter-over-quarter 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 advanced to $1.4 billion in Q2 2026 per ON's latest filing, from $1.4 billion in the prior quarter.
  • Across five years, Work In Process topped out at $1.4 billion in Q2 2026 and bottomed at $951.0 million in Q4 2022.
  • Historically, Work In Process has averaged $1.2 billion across 5 years, with a median of $1.3 billion in 2024.
  • Annual changes were most pronounced in 2023 — Work In Process grew 28.4% — and 2025, when it retreated 0.22%.
  • On Semiconductor's Work In Process stood at $951.0 million in 2022, then climbed by 28.4% to $1.2 billion in 2023, then gained by 13.99% to $1.4 billion in 2024, then slipped by 0.22% to $1.4 billion in 2025, then climbed by 2.51% to $1.4 billion in 2026.
  • Business Quant data shows ON's Work In Process at $1.4 billion in Q2 2026, $1.4 billion in Q4 2025, and $1.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Taiwan Semiconductor Manufacturing 10,848.43 Bn 10,750.17 Bn 23.77 Bn
2 Nvidia 5,220.28 Bn 5,169.94 Bn 61.16 Bn
3 Broadcom 1,746.09 Bn 1,726.46 Bn 15.42 Bn
4 Micron Technology 1,092.82 Bn 1,066.80 Bn 35.06 Bn
5 Advanced Micro Devices 773.31 Bn 760.20 Bn 6.20 Bn
6 Intel 459.59 Bn 429.86 Bn 6.51 Bn
7 Arm Holdings 259.13 Bn 255.24 Bn 1.25 Bn
8 Texas Instruments 241.28 Bn 234.28 Bn 3.35 Bn
9 Marvell Technology 209.48 Bn 205.64 Bn 1.26 Bn
10 On Semiconductor 28.90 Bn 25.03 Bn 616.30 Mn

Historic Data

Download Data
DateValue
Jul 3, 2026 1.45 Bn
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