ON Semiconductor Corporation (ON) quarterly cash flow statement — complete operating, investing & financing history
ON Semiconductor Corporation (ON) cash flow statement — 26-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 459.7M | 239.1M | 554.5M | 418.7M | 184.3M | 602.3M | 579.7M | 465.8M | 362.2M | 498.7M | 611.2M | 566.6M | 390.8M | 408.9M | 731.3M | 1B | 420.8M | 478.6M | 626.6M | 448.9M |
| Operating CF Margin % | 28.67% | 15.8% | 36.24% | 27% | 12.55% | 41.66% | 33.65% | 26.44% | 20.87% | 26.77% | 30.29% | 25.98% | 18.66% | 20.87% | 34.76% | 45.72% | 20.18% | 24.61% | 33.94% | 25.77% |
| Operating CF Growth % | 149.43% | -60.3% | -4.35% | -10.11% | -49.12% | 20.77% | -5.15% | -17.79% | -7.32% | 21.96% | -16.42% | -43.48% | -7.13% | -14.56% | 16.71% | 123.3% | -13.77% | 119.04% | 56.49% | 174.72% |
| Net Income | 227.5M | -32.9M | 181.8M | 255.3M | 171.7M | -485.2M | 379.8M | 402.7M | 338.4M | 453.7M | 563.4M | 582.9M | 577.1M | 462.2M | 604.3M | 311.9M | 456.6M | 531M | 426.4M | 310.4M |
| Depreciation & Amortization | 141.3M | 286.7M | 214.9M | 146.5M | 156.4M | 168.2M | 166.6M | 161.8M | 159.6M | 154.9M | 160.3M | 155.4M | 148.8M | 145M | 133.2M | 139.6M | 138.4M | 140.6M | 140.3M | 149.9M |
| Stock-Based Compensation | 37.4M | 37.3M | 37.8M | 38.2M | 34.4M | 33.9M | 38.1M | 32.7M | 32.3M | 33M | 30.7M | 31.1M | 31.6M | 27.7M | 24.3M | 26.9M | 27.1M | 22.5M | 27.2M | 22.7M |
| Deferred Taxes | -12.8M | 2.7M | -80.6M | -80.9M | -18.5M | -13.7M | -7.5M | -45.6M | -27.9M | -48.6M | -18.7M | -79.4M | -28.1M | -1.5M | 67.7M | -71.3M | -31.6M | 38.3M | 22.9M | 44.2M |
| Other Non-Cash Items | 122.2M | 146.6M | 16M | 14.3M | 40.1M | 436.2M | 27.4M | 9.4M | 23M | 4.6M | 7.5M | 16.3M | 3.7M | 24.2M | -62.7M | 268.9M | 124M | -6.2M | 14.4M | 5.2M |
| Working Capital Changes | -55.9M | -201.3M | 184.6M | 45.3M | -199.8M | 462.9M | -24.7M | -95.2M | -163.2M | -98.9M | -132M | -139.7M | -342.3M | -248.7M | -35.5M | 326.4M | -293.7M | -247.6M | -4.6M | -83.5M |
| Change in Receivables | -37.4M | 26.2M | 44.1M | -66.5M | -148.2M | 334.1M | -98.8M | -181.4M | -19.1M | 55M | 24.6M | -31.4M | -68.3M | -37.7M | 19.4M | 277.2M | -237.2M | -107.2M | -98.2M | -42.4M |
| Change in Inventory | 1.7M | -59.8M | 58.7M | 39M | -8.9M | 184.6M | 600K | -16.8M | -77.7M | -35.7M | -26.9M | -120.5M | -149.7M | -198.1M | -38.3M | -12.4M | -67.8M | -116.7M | -51.3M | -18M |
| Change in Payables | 17.6M | -75.9M | 41.5M | 54.7M | 39.3M | 1.4M | -20M | -2.5M | -43M | 3M | -64.1M | -2M | -79.1M | 53.5M | -30.6M | 10.7M | 22.4M | 35.7M | 45.1M | -6.4M |
| Cash from Investing | 7.3M | -16.7M | -50.7M | -151.2M | -121.7M | -214.9M | -151.7M | -31.9M | -590.9M | -235.3M | -385.2M | -407.2M | -383.5M | -562M | -141.8M | -264.1M | -170.1M | -129.4M | -587.6M | -149.5M |
| Capital Expenditures | -34.3M | -21.9M | -69.1M | 225.8M | -78.2M | -147.6M | -144.9M | -174.1M | -141.1M | -233.9M | -390.5M | -433M | -413.9M | -338.2M | -319.3M | -293.4M | -249.5M | -173.8M | -195.5M | -111.9M |
| CapEx % of Revenue | 2.14% | 1.45% | 4.52% | 14.56% | 5.32% | 10.21% | 8.41% | 9.88% | 8.13% | 12.56% | 19.35% | 19.86% | 19.76% | 17.26% | 15.18% | 13.38% | 11.97% | 8.94% | 10.59% | 6.42% |
| Acquisitions | -13M | 1M | -7M | 117.5M | 6.7M | -117.5M | -6.8M | -20.5M | 0 | 100K | -236.3M | 0 | 0 | -236.3M | 172.6M | 2.4M | 77.6M | 10.5M | -395.8M | 3.4M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 4.6M | 4.2M | 25.4M | -394.5M | -200K | 200K | -450M | 12.7M | 200K | -1.5M | 241.6M | 13.1M | 20.4M | 1.7M | 100K | 18.4M | -100K | 38.3M | 7.4M | 0 |
| Cash from Financing | 1.04B | -366M | -823.9M | -322.2M | -300.1M | -317.6M | -203.3M | -197M | -152.7M | -130.8M | -432.2M | -101.3M | -89.6M | -63.4M | -129.7M | -79.9M | -103.1M | -57.3M | -51.6M | -1.1M |
| Debt Issued (Net) | 1.47B | -100K | -375.5M | -400K | -400K | -400K | -400K | -400K | -500K | -900K | -124.6M | -1.8M | 389.5M | 252.7M | -19.5M | -4.3M | -13.6M | -4.1M | -51.7M | -4.1M |
| Equity Issued (Net) | 293.5M | -339M | -444.7M | -319M | -297M | -294.8M | -198.5M | -193.5M | -144.5M | -92.4M | -294.3M | -93.2M | -54.2M | 145.8M | -88.2M | -71.5M | -85M | 7.8M | 5M | 6.2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -344.8M | -345.7M | -450.2M | -325M | -302.3M | -300.1M | -204.1M | -200M | -150M | -100M | -300.2M | -99.9M | -60.1M | -104M | -92.9M | -77.2M | -89.7M | 0 | 0 | 0 |
| Other Financing | -723.1M | -26.9M | -3.7M | -2.8M | -2.7M | -22.4M | -4.4M | -3.1M | -7.7M | -37.5M | -13.3M | -6.3M | -424.9M | -461.9M | -22M | -4.1M | -4.5M | -61M | -4.9M | -3.2M |
| Net Change in Cash | 1.51B | -143.9M | -325M | -55.6M | -235.6M | 71.8M | 221M | 239.3M | -383.6M | 131.7M | -205.8M | 57.6M | -83.4M | -216.4M | 460.6M | 657.8M | 145.7M | 291.2M | -12.9M | 298.1M |
| Free Cash Flow | 425.4M | 217.2M | 485.4M | 644.5M | 106.1M | 454.7M | 434.8M | 291.7M | 221.1M | 264.8M | 457M | 133.6M | -23.1M | 70.7M | 412M | 706.6M | 171.3M | 304.8M | 431.1M | 337M |
| FCF Margin % | 26.53% | 14.35% | 31.72% | 41.56% | 7.22% | 31.45% | 25.24% | 16.56% | 12.74% | 14.22% | 22.65% | 6.13% | -1.1% | 3.61% | 19.59% | 32.23% | 8.22% | 15.67% | 23.35% | 19.34% |
| FCF Growth % | 300.94% | -52.23% | 11.64% | 120.95% | -52.01% | 71.71% | -4.86% | 118.34% | 1057.14% | 274.54% | 10.92% | -81.09% | -113.49% | -76.8% | -4.43% | 109.67% | -55.02% | 116.02% | 134.29% | 231.04% |
| FCF per Share | 1.05 | 0.55 | 1.21 | 1.58 | 0.26 | 1.08 | 1.01 | 0.68 | 0.51 | 0.61 | 1.04 | 0.30 | -0.05 | 0.16 | 0.92 | 1.57 | 0.38 | 0.68 | 0.97 | 0.76 |
| FCF Conversion (FCF/Net Income) | 2.03x | -7.16x | 3.05x | 1.64x | 1.08x | -1.24x | 1.53x | 1.16x | 1.07x | 1.10x | 1.09x | 0.97x | 0.68x | 0.89x | 1.21x | 3.21x | 0.92x | 0.90x | 1.47x | 1.45x |
| Interest Paid | 0 | 0 | 0 | 23.9M | 6.1M | 23.2M | 9.2M | 22.2M | 7M | 24.3M | 0 | 23.9M | 12.2M | 29.1M | 0 | 0 | 0 | 24M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 17.4M | 65M | 21.5M | 53.4M | 49.2M | 221.3M | 23.6M | 0 | 99.8M | 192.4M | 35.2M | 0 | 0 | 0 | 15.7M | 0 | 0 |