ON
$72.02-2.28%
as of close, Oct 16, 2026
☾ AH $72.02 -2.28%
ON Semiconductor CorporationStock · TechnologyS&P 500 Equal Weight 0.1%Nasdaq Composite 0.1%MSCI World 0.06%S&P 500 0.06%Russell 1000 0.05%US Stock Market 0.05%Russell 3000 0.05%MSCI ACWI 0.03%
ON financial statements
The full income statement, balance sheet, and cash-flow statement for ON Semiconductor Corporation (ON), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 428.4M2024-09 425.8M2024-12 421.4M2025-04 417.9M2025-07 409.0M2025-10 402.4M2025-12 394.0M2026-04 391.9M2026-07 389.3M-9.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 6.00B-15.3% | 7.08B-14.2% | 8.25B-0.9% | 8.33B+23.5% | 6.74B+28.3% | |
| 1.98B-38.3% | 3.22B-17.2% | 3.88B-4.8% | 4.08B+50.2% | 2.71B+58.2% | ||
| Cost of revenue | 4.01B+3.8% | 3.87B-11.5% | 4.37B+2.8% | 4.25B+5.6% | 4.03B+13.7% | |
| 1.90B+31.2% | 1.45B+7.7% | 1.34B-21.7% | 1.72B+20.4% | 1.43B+4.4% | ||
| Research & development | 584M-4.7% | 613M+6.1% | 577M-3.8% | 600M-8.4% | 655M+1.9% | |
| Selling, general & administrative | 349M-7.3% | 376M+3.8% | 362M+5.6% | 343M+12.6% | 305M+17.8% | |
| General & administrative | 349M-7.3% | 376M+3.8% | 362M+5.6% | 343M+12.6% | 305M+17.8% | |
| Selling & marketing | 256M-6.4% | 274M-2.0% | 279M-3.1% | 288M-1.9% | 294M+5.3% | |
| Restructuring | — | — | — | 11.2M-83.4% | 67.5M+30.8% | |
| Amortization of intangibles | 44.4M-14.6% | 52.0M+1.8% | 51.1M-37.1% | 81.2M-18.0% | 99.0M-17.7% | |
| Operating income | 84.2M-95.2% | 1.77B-30.4% | 2.54B+7.6% | 2.36B+83.3% | 1.29B+269.3% | |
| Interest expense | 70.9M+13.8% | 62.3M-16.7% | 74.8M-21.2% | 94.9M-27.2% | 130M-22.6% | |
| Interest & investment income | 95.1M-14.6% | 111M+19.7% | 93.1M+500.6% | 15.5M+1007.1% | 1.40M-71.4% | |
| Other non-operating income | 22.9M+11.2% | 20.6M+386.1% | -7.20M-133.2% | 21.7M+20.6% | 18.0M+309.3% | |
| Pre-tax income | 131M-92.9% | 1.84B-27.5% | 2.54B+7.3% | 2.36B+104.0% | 1.16B+555.6% | |
| Income tax | 7.70M-97.1% | 263M-25.0% | 350M-23.6% | 458M+212.7% | 147M+345.2% | |
| 121M-92.3% | 1.57B-28.0% | 2.18B+14.8% | 1.90B+88.4% | 1.01B+331.1% | ||
| Net income to non-controlling interest | 2.60M+44.4% | 1.80M-5.3% | 1.90M+18.8% | 1.60M+0.0% | 1.60M-27.3% | |
| Net income to common | 121M-92.3% | 1.57B-28.0% | 2.18B+14.8% | 1.90B+88.4% | 1.01B+331.1% | |
| $0.29-92.0% | $3.63-25.8% | $4.89+15.1% | $4.25+87.2% | $2.27+305.4% | ||
| EPS (basic) | $0.29-92.1% | $3.68-27.4% | $5.07+15.5% | $4.39+85.2% | $2.37+315.8% | |
| Weighted-avg shares (basic) | 411M-3.8% | 427M-0.8% | 431M-0.6% | 433M+1.8% | 426M+3.7% | |
| Weighted-avg shares (diluted) | 412M-4.8% | 433M-3.2% | 447M-0.3% | 448M+1.0% | 444M+6.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.82B-13.8% | 6.75B+14.2% | 5.91B+3.2% | 5.73B+51.5% | 3.78B+18.8% | ||
| Cash & equivalents | 2.15B-20.2% | 2.69B+8.4% | 2.48B-14.9% | 2.92B+115.8% | 1.35B+25.2% | |
| Short-term investments | 400M+33.3% | 300M | 0.00 | — | — | |
| Accounts receivable | 908M-21.7% | 1.16B+24.0% | 935M+11.1% | 842M+4.1% | 809M+19.7% | |
| Inventory | 1.99B-11.3% | 2.24B+6.2% | 2.11B+30.6% | 1.62B+17.2% | 1.38B+10.2% | |
| Other current assets | 353M-0.1% | 353M-7.5% | 382M+8.8% | 351M+46.3% | 240M+36.4% | |
| 12.5B-11.1% | 14.1B+6.6% | 13.2B+10.3% | 12.0B+24.4% | 9.63B+11.1% | ||
| Property, plant & equipment | 3.37B-22.8% | 4.36B-0.9% | 4.40B+27.6% | 3.45B+36.7% | 2.52B+0.5% | |
| Operating lease right-of-use | 201M-19.6% | 250M+1.0% | 247M-5.6% | 262M+54.1% | 170M+24.8% | |
| Goodwill | 1.68B+5.8% | 1.59B+0.7% | 1.58B+0.0% | 1.58B-18.6% | 1.94B+16.5% | |
| Intangible assets | 344M+33.3% | 258M-13.8% | 299M-16.8% | 360M-27.4% | 496M+5.7% | |
| Deferred tax assets | 929M+27.3% | 730M+21.5% | 601M+59.5% | 377M+2.8% | 366M-14.6% | |
| Other non-current assets | 356M-1.2% | 360M-5.5% | 381M-13.1% | 439M-12.0% | 498M+21.5% | |
| 1.29B-3.5% | 1.33B-38.9% | 2.18B+5.9% | 2.06B+33.6% | 1.54B-7.8% | ||
| Accounts payable | 572M-0.4% | 575M-20.8% | 726M-14.8% | 852M+34.2% | 635M+10.9% | |
| Accrued liabilities | 715M-5.9% | 760M+14.6% | 663M-36.7% | 1.05B+42.5% | 735M+28.9% | |
| Deferred revenue | 51.8M-47.3% | 98.2M+12.1% | 87.6M+44.8% | 60.5M | — | |
| Short-term & current debt | 0.00 | 0.00-100.0% | 794M+437.2% | 148M-8.0% | 161M-69.8% | |
| Current lease liability | 33.9M+7.6% | 31.5M-4.5% | 33.0M-6.3% | 35.2M+8.3% | 32.5M+0.9% | |
| Finance lease liability (current) | 500K+66.7% | 300K-62.5% | 800K-94.4% | 14.2M+11.8% | 12.7M | |
| 4.83B-8.4% | 5.28B-2.6% | 5.41B-6.2% | 5.77B+14.9% | 5.02B-1.7% | ||
| Long-term debt | 2.98B-10.9% | 3.35B+31.6% | 2.54B-16.5% | 3.05B+4.5% | 2.91B-1.5% | |
| Deferred revenue (non-current) | 69.8M-42.3% | 121M-44.2% | 217M | — | — | |
| Non-current lease liability | 215M-12.3% | 245M+5.9% | 231M-6.3% | 247M+73.1% | 142M+23.1% | |
| Operating lease liability (total) | 248M-10.1% | 276M+4.6% | 264M-6.3% | 282M+61.1% | 175M+18.3% | |
| Finance lease liability (total) | 24.3M+15.7% | 21.0M-9.5% | 23.2M-37.6% | 37.2M+62.4% | 22.9M | |
| Finance lease liability | 23.8M+15.0% | 20.7M-7.6% | 22.4M-2.6% | 23.0M+125.5% | 10.2M | |
| Deferred tax liabilities | 41.7M+10.9% | 37.6M-2.8% | 38.7M+13.5% | 34.1M-21.1% | 43.2M-24.6% | |
| Other non-current liabilities | 499M-7.0% | 536M-14.5% | 627M+3.3% | 607M+18.9% | 511M+22.1% | |
| 7.67B-12.8% | 8.80B+13.0% | 7.78B+25.8% | 6.19B+35.0% | 4.59B+29.6% | ||
| Common stock | 6.20M+0.0% | 6.20M+0.0% | 6.20M+1.6% | 6.10M+1.7% | 6.00M+5.3% | |
| Additional paid-in capital | 5.54B+3.1% | 5.37B+3.1% | 5.21B+11.6% | 4.67B+0.8% | 4.63B+12.1% | |
| Retained earnings | 8.24B+1.5% | 8.12B+24.0% | 6.55B+50.0% | 4.36B+79.2% | 2.44B+70.8% | |
| Treasury stock | 6.06B+30.5% | 4.64B+17.9% | 3.94B+39.1% | 2.83B+15.6% | 2.45B+24.4% | |
| Accumulated other comprehensive income | -55.5M+11.1% | -62.4M-38.1% | -45.2M-94.8% | -23.2M+42.9% | -40.6M+29.5% | |
| Non-controlling interest | 18.6M+2.8% | 18.1M+0.6% | 18.0M-2.7% | 18.5M-2.6% | 19.0M-3.1% | |
| Total equity incl. non-controlling | 7.69B-12.7% | 8.81B+13.0% | 7.80B+25.7% | 6.21B+34.8% | 4.60B+29.4% | |
| Total liabilities & equity | 12.5B-11.1% | 14.1B+6.6% | 13.2B+10.3% | 12.0B+24.4% | 9.63B+11.1% | |
| Common shares issued | 625M+0.4% | 623M+1.0% | 616M+1.3% | 608M+0.9% | 603M+5.7% | |
| Common shares outstanding | 397M-6.2% | 423M-0.8% | 426M-1.3% | 432M-0.1% | 432M+5.0% | |
| Shares outstanding (cover) | 394M-6.5% | 421M-1.4% | 427M-1.1% | 432M-0.1% | 432M+5.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.76B-7.7% | 1.91B-3.6% | 1.98B-24.9% | 2.63B+47.8% | 1.78B+101.5% | ||
| Depreciation & amortization | 686M+6.7% | 643M+5.5% | 610M+10.5% | 552M-7.5% | 597M-4.5% | |
| Intangible amortization | 44.4M-14.6% | 52.0M+1.8% | 51.1M-37.1% | 81.2M-18.0% | 99.0M-17.7% | |
| Share-based compensation | 144M+6.0% | 136M+12.4% | 121M+20.1% | 101M-0.5% | 101M+49.6% | |
| Change in receivables | -164M-166.9% | 244M+116.6% | 113M+136.0% | 47.8M-64.9% | 136M+534.1% | |
| Change in inventory | -273M-311.0% | 130M-73.8% | 495M+110.5% | 235M+91.5% | 123M+366.9% | |
| Change in payables | 137M+319.0% | -62.5M+31.8% | -91.7M-340.1% | 38.2M-46.0% | 70.7M+106.7% | |
| -539M+46.7% | -1.01B+41.9% | -1.74B-146.4% | -705M+22.9% | -915M-101.7% | ||
| Capital expenditure | 341M-50.8% | 694M-54.9% | 1.54B+48.6% | 1.04B+133.0% | 445M+15.9% | |
| Free cash flow | 1.42B+17.0% | 1.21B+176.6% | 438M-72.6% | 1.60B+19.4% | 1.34B+167.1% | |
| Acquisitions | 125M+507.3% | 20.5M-91.3% | 236M | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 32.2M+419.4% | 6.20M+55.0% | 4.00M-93.2% | 59.1M+322.1% | 14.0M+122.2% | |
| Other investing activities | 5.00M+233.3% | 1.50M | 0.00 | 0.00 | — | |
| -1.76B-157.9% | -684M+0.4% | -687M-85.5% | -370M+35.0% | -569M-133.4% | ||
| Long-term debt issued | 0.00 | 0.00-100.0% | 1.84B+269.0% | 500M-36.5% | 787M-57.6% | |
| Long-term debt repaid | 375M | 0.00-100.0% | 1.72B+225.2% | 530M-58.3% | 1.27B-37.2% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.38B+110.6% | 654M+15.9% | 564M+117.2% | 260M | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -2.50M-47.1% | -1.70M+89.4% | -16.1M-19.3% | -13.5M | — | |
| FX effect on cash | -1.90M+56.8% | -4.40M-300.0% | -1.10M+54.2% | -2.40M-84.6% | -1.30M-316.7% | |
| Net change in cash | -544M-361.2% | 208M+146.5% | -448M-128.8% | 1.56B+425.1% | 296M+58.1% | |
| Interest paid | 58.3M-7.0% | 62.7M-14.3% | 73.2M-9.3% | 80.7M-16.7% | 96.9M-11.2% | |
| Income taxes paid | — | 348M-18.8% | 428M-3.4% | 443M+402.5% | 88.2M+68.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 21.3B-19.7% | 26.6B-26.1% | 36.0B+33.4% | 27.0B-8.2% | 29.4B+117.9% | |
| P/E | 176.3×+943.8% | 16.9×+4.5% | 16.2×+3.3% | 15.6×-46.2% | 29.1×-49.5% | |
| P/S | 3.6×-5.1% | 3.8×-13.0% | 4.3×+29.1% | 3.3×-23.3% | 4.4×+69.9% | |
| P/B | 2.8×-7.9% | 3.0×-37.2% | 4.8×+0.8% | 4.8×-25.6% | 6.4×+68.2% | |
| P/FCF | 15.0×-31.4% | 21.9×-67.1% | 66.7×+319.3% | 15.9×-27.6% | 22.0×-18.4% | |
| Earnings yield | 0.57%-90.4% | 5.9%-4.3% | 6.2%-3.2% | 6.4%+86.0% | 3.4%+97.8% | |
| FCF yield | 6.6%+45.7% | 4.6%+204.3% | 1.5%-76.2% | 6.3%+38.1% | 4.6%+22.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ON’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ON filings on SEC EDGAR → Not investment advice.