For the quarter ending 2026-04-03, ON had -$143,900K decrease in cash & cash equivalents over the period. $217,200K in free cash flow.
| Cash Flow | 2026-04-03 | 2025-12-31 | 2025-10-03 | 2025-07-04 |
|---|---|---|---|---|
| Net loss | -32,900 | 181,800 | 255,300 | 171,700 |
| Depreciation and amortization | 286,700 | 214,900 | 146,500 | 156,400 |
| (gain) loss on sale or disposal of fixed assets | 1,100 | -7,900 | 1,300 | 5,800 |
| Loss on divestiture of businesses | - | 0 | - | - |
| Loss on debt refinancing and prepayment | - | 0 | - | - |
| Amortization of debt discount and issuance costs | 2,900 | 2,800 | 2,900 | 2,800 |
| Share-based compensation | 37,300 | 37,800 | 38,200 | 34,400 |
| Non-cash asset impairment charges | 147,000 | 8,100 | 15,800 | 40,600 |
| Change in deferred tax balances | -2,700 | 80,600 | 80,900 | 18,500 |
| Other | 2,200 | 2,800 | 3,100 | -2,500 |
| Receivables | -26,200 | -44,100 | 66,500 | 148,200 |
| Inventories | 59,800 | -58,700 | -39,000 | 8,900 |
| Other assets | 38,500 | -91,300 | -102,500 | 67,400 |
| Accounts payable | -75,900 | 41,500 | 54,700 | 39,300 |
| Accrued expenses and other current liabilities | -35,500 | -40,300 | -68,100 | 4,400 |
| Other long-term liabilities | -17,800 | -10,700 | -16,300 | -19,000 |
| Net cash provided by operating activities | 239,100 | 554,500 | 418,700 | 184,300 |
| Payments for acquisition of property, plant and equipment | 21,900 | 69,100 | 46,300 | 78,200 |
| Proceeds from sale of property, plant and equipment | 1,000 | 25,400 | 100 | 6,700 |
| Purchase of short-term investments | -500,000 | - | 550,000 | 750,000 |
| Proceeds from the maturity of short-term investments | -400,000 | - | 150,000 | 250,000 |
| Payments for acquisition of a business, net of cash acquired | 0 | 7,000 | 20,500 | 0 |
| Purchase of short-term investments and available-for-sale securities | - | 1,050,000 | - | - |
| Proceeds from maturity of short-term investments and available-for-sale securities | - | 950,000 | - | - |
| Other | -4,200 | 0 | 5,000 | 200 |
| Net cash used in investing activities | -16,700 | -50,700 | -151,200 | -121,700 |
| Proceeds for the issuance of common stock under the espp | 6,700 | 5,500 | 6,000 | 5,300 |
| Payment of tax withholding for rsus | 26,900 | 1,600 | 2,400 | 2,700 |
| Repurchase of common stock | 345,700 | 450,200 | 325,000 | 302,300 |
| Issuance and borrowings under debt agreements | - | 0 | - | - |
| Repayment of borrowings under debt agreements | - | 375,000 | - | - |
| Payment of financing lease obligations | 100 | 500 | 400 | 400 |
| Payment for purchase of bond hedges | - | 0 | - | - |
| Proceeds from issuance of warrants | - | 0 | - | - |
| Other | - | -2,100 | -400 | - |
| Net cash used in financing activities | -366,000 | -823,900 | -322,200 | -300,100 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -300 | -4,900 | -900 | 1,900 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -143,900 | -325,000 | -55,600 | -235,600 |
| Cash, cash equivalents and restricted cash, beginning of period | 2,149,000 | 2,474,000 | 2,529,600 | 2,765,200 |
| Cash, cash equivalents and restricted cash, end of period | 2,005,100 | 2,149,000 | 2,474,000 | 2,529,600 |
ON SEMICONDUCTOR CORP (ON)
ON SEMICONDUCTOR CORP (ON)