On Semiconductor ON
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At close: Sep 11, 2026 · 4:00 PM EDT

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

On Semiconductor (ON) posted Work In Process of $1.4 billion for Q3 2026, up 1.59% on a QoQ basis from $1.4 billion in Q2 2026, and up 4.12% year-over-year from $1.4 billion in Q3 2025.

Analysis

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

On Semiconductor has reported Work In Process for 17 years, with the latest figure at $1.4 billion in Q3 2026.

  • On a quarterly basis, Work In Process rose 4.12% year-over-year to $1.4 billion in Q3 2026; TTM through Jul 2026 was $1.4 billion, a 4.12% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, changed 0.22% from the prior year.
  • Work In Process was $1.4 billion for Q3 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 Q3 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.
  • The sharpest annual moves came in 2023 and 2025: Work In Process rose 28.4% in 2023, then slipped 0.22% in 2025.
  • Over 5 years, Work In Process stood at $951.0 million in 2022, then increased by 28.4% to $1.2 billion in 2023, then climbed by 13.99% to $1.4 billion in 2024, then declined by 0.22% to $1.4 billion in 2025, then rose by 4.15% to $1.4 billion in 2026.
  • The last three Work In Process figures came in at $1.4 billion (Q3 2026), $1.4 billion (Q2 2026), and $1.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Taiwan Semiconductor Manufacturing 2,246.74 Bn 2,142.69 Bn 27.22 Bn
2 Micron Technology 1,101.07 Bn 1,075.05 Bn 35.06 Bn
3 Intel 519.13 Bn 505.00 Bn 6.51 Bn
4 Texas Instruments 245.39 Bn 238.39 Bn 3.35 Bn
5 Analog Devices 183.54 Bn 181.22 Bn 2.71 Bn
6 NXP Semiconductors 59.67 Bn 56.81 Bn 2.00 Bn
7 United Microelectronics 57.00 Bn 53.04 Bn 706.26 Mn
8 STMicroelectronics 45.78 Bn 41.92 Bn 1.22 Bn
9 Microchip Technology 40.29 Bn 40.02 Bn 938.90 Mn
10 On Semiconductor 29.64 Bn 25.80 Bn 616.30 Mn
Historic Data

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