Growth Metrics

On Semiconductor (ON) Work In Process (2016 - 2025)

On Semiconductor (ON) has disclosed Work In Process for 16 consecutive years, with $1.4 billion as the latest value for Q4 2025.

  • On a quarterly basis, Work In Process changed 0.22% to $1.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $1.4 billion, a 0.22% change, with the full-year FY2025 number at $1.4 billion, changed 0.22% from a year prior.
  • Work In Process was $1.4 billion for Q4 2025 at On Semiconductor, roughly flat from $1.4 billion in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $1.4 billion in Q4 2024 to a low of $834.4 million in Q2 2021.
  • A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 define the central range for Work In Process.
  • Peak YoY movement for Work In Process: dropped 0.38% in 2021, then grew 28.4% in 2023.
  • On Semiconductor's Work In Process stood at $888.9 million in 2021, then increased by 6.99% to $951.0 million in 2022, then rose by 28.4% to $1.2 billion in 2023, then grew by 13.99% to $1.4 billion in 2024, then fell by 0.22% to $1.4 billion in 2025.
  • Per Business Quant, the three most recent readings for ON's Work In Process are $1.4 billion (Q4 2025), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025).