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SEC filings, compared

What changed in On Semiconductor's 10-Q for the quarter ended October 3, 2025

Compared with the 10-Q for the quarter ended September 27, 2024. Part I, Item 2 and Part II, Item 1A analysed; every summary checked against the quoted filing text.

Registrant
ON SEMICONDUCTOR CORP · ON
This filing
0001097864-25-000019 ↗ · filed Nov 3, 2025
Compared with
0001628280-24-043880 ↗ · filed Oct 28, 2024
Processed
Sep 20, 2026 UTC · parser-v5 · classify-v4 · select-v1

Research tool. Describes what filings say. Not investment advice. Verify independently. Read the cited paragraph before relying on it.

How a report is made

49 material changes among 86 changed paragraphs

13 shown by default across the three sections below; each section's "Show all" reaches the rest, in filing order.

Numbers from XBRL

Each figure is the one the filing itself tagged, taken from the filing that reported it. Not written by a model.

ConceptFY2025FY2024Change (our arithmetic)
Revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax1,550,900,000USD · Jul 5, 2025 to Oct 3, 20251,761,900,000USD · Jun 29, 2024 to Sep 27, 2024−211,000,000−12%
Net income or lossus-gaap:NetIncomeLoss255,000,000USD · Jul 5, 2025 to Oct 3, 2025401,700,000USD · Jun 29, 2024 to Sep 27, 2024−146,700,000−36.5%
Cash and cash equivalentsus-gaap:CashAndCashEquivalentsAtCarryingValue2,472,500,000USD · at Oct 3, 20252,470,200,000USD · at Sep 27, 2024+2,300,000+0.1%
Net cash from operating activitiesus-gaap:NetCashProvidedByUsedInOperatingActivities1,205,300,000USD · Jan 1, 2025 to Oct 3, 20251,326,700,000USD · Jan 1, 2024 to Sep 27, 2024−121,400,000−9.2%

Values as tagged in the filing's inline XBRL, resolved by accession rather than by period matching. When a value is not tagged, we show that instead of estimating it. FY2025: 0001097864-25-000019 · FY2024: 0001628280-24-043880

What the company says for the first time

Paragraphs with no counterpart in the prior filing.

3 material additions

Part I, Item 2 · MD&A

3 of 3 shown · In filing order, too few to rank

01AddedPart I, Item 2 › Executive Overview

Summary · quote-checked

Added disclosure of restructuring and cost reduction initiatives to realign manufacturing capacity with anticipated long-term needs.

The new paragraph discloses a restructuring program, cost reductions, and changes to manufacturing capacity, introducing substantive actions and potential obligations.

Filing text · FY2024 10-Q · filed Oct 28, 2024

No corresponding language in the FY2024 10-Q.

Filing text · FY2025 10-Q · filed Nov 3, 2025

[added] During the first quarter of 2025, we announced restructuring and cost reduction initiatives based on an evaluation of our operating structure, business strategy, manufacturing technologies and internal capabilities to realign our internal manufacturing capacity and capabilities with anticipated long-term needs.

Cite this change

"During the first quarter of 2025, we announced restructuring and cost reduction initiatives based on an evaluation of our operating structure, business strategy, manufacturing technologies and internal capabilities to realign our internal manufacturing capacity and capabilities with anticipated long-term needs."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

02AddedPart I, Item 2 › Executive Overview

Summary · quote-checked

Added disclosure of inventory charges, write-offs, and obligations linked to manufacturing capacity reduction actions.

The new paragraph introduces significant charges and obligations associated with excess inventory, consumables, supplies, purchase commitments, and manufacturing capacity reductions.

Filing text · FY2024 10-Q · filed Oct 28, 2024

No corresponding language in the FY2024 10-Q.

Filing text · FY2025 10-Q · filed Nov 3, 2025

[added] Additionally, during the nine months ended October 3, 2025, we recorded $235.8 million relating to excess and obsolete inventory charges, of which $230.3 million related to inventory primarily considered work in progress within the ISG reportable segment, as well as $45.7 million related to write-off of consumables, manufacturing supplies and obligations for certain unfulfilled purchase commitments due to the manufacturing capacity reduction actions associated with the 2025 Manufacturing Realignment Program. These charges were recorded within Cost of revenue in the Consolidated Statement of Operations.

Cite this change

"Additionally, during the nine months ended October 3, 2025, we recorded $235.8 million relating to excess and obsolete inventory charges, of which $230.3 million related to inventory primarily considered work in progress within the ISG reportable segment, as well as $45.7 million related to write-off of consumables, manufacturing supplies and obligations for certain unfulfilled purchase commitments due to the manufacturing capacity reduction actions associated with the 2025"

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

03AddedPart I, Item 2 › Executive Overview

Summary · quote-checked

Added disclosure identifying Manufacturing Realignment Program charges and their classification within cost of revenue.

The new paragraph introduces a named program and associated charges, along with their financial statement classification, rather than merely rephrasing existing disclosure.

Filing text · FY2024 10-Q · filed Oct 28, 2024

No corresponding language in the FY2024 10-Q.

Filing text · FY2025 10-Q · filed Nov 3, 2025

Additionally, during the nine months ended October 3, 2025, we recorded $235.8 million relating to excess and obsolete inventory charges, of which $230.3 million related to inventory primarily considered work in progress within the ISG reportable segment, as well as $45.7 million related to write-off of consumables, manufacturing supplies and obligations for certain unfulfilled purchase commitments due to the manufacturing capacity reduction actions associated with the 2025 [added] Manufacturing Realignment Program. These charges were recorded within Cost of revenue in the Consolidated Statement of Operations.

Cite this change

"Manufacturing Realignment Program. These charges were recorded within Cost of revenue in the Consolidated Statement of Operations."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

What the company no longer says

Paragraphs of the prior filing that this filing dropped. Only last year's text can show these.

6 material removals

Part I, Item 2 · MD&A

5 of 6 shown · Ordered by the model, quote-checked

01RemovedPart I, Item 2 › Executive Overview

Summary · quote-checked

Removed disclosure of the ASG rename, segment reorganization, and resulting three-segment structure.

The deleted paragraph disclosed a segment reorganization and changed reportable-segment structure, which is substantive rather than a cross-reference or formatting change.

Why the model ranked it here

This removes disclosure of a segment reorganization and the resulting reporting structure, which affects how clients interpret the company’s operations and performance.

Filing text · FY2024 10-Q · filed Oct 28, 2024

[removed] During the first quarter of 2024, we renamed our Advanced Solutions Group ("ASG") reportable segment to Analog and Mixed-Signal Group ("AMG") and reorganized the existing divisions within PSG and AMG. See Note 2: ''Segments and Revenue'' in the notes to the unaudited consolidated financial statements included elsewhere in this Form 10-Q for additional information regarding the segment reorganization. As of September 27, 2024, we were organized into the three operating and reportable segments of PSG, AMG and ISG.

Filing text · FY2025 10-Q · filed Nov 3, 2025

No corresponding language in the FY2025 10-Q.

Cite this change

"During the first quarter of 2024, we renamed our Advanced Solutions Group ("ASG") reportable segment to Analog and Mixed-Signal Group ("AMG") and reorganized the existing divisions within PSG and AMG. See Note 2: ''Segments and Revenue'' in the notes to the unaudited consolidated financial statements included elsewhere in this Form 10-Q for additional information regarding the segment reorganization. As of September 27, 2024, we were organized into the three operating and reportable segments of PSG, AMG and ISG."

On Semiconductor, Form 10-Q for FY2024, Part I, Item 2, accession 0001628280-24-043880, filed 28 October 2024.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000162828024043880/on-20240927.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

02RemovedPart I, Item 2 › Loss on Debt Prepayment

Summary · quote-checked

The current report removes the disclosure comparing debt-prepayment losses and attributing the prior-period loss to a partial Term Loan “B” Facility repayment.

The removed paragraph disclosed a debt-related expense and its cause; its disappearance changes the substantive MD&A discussion, not merely a period or formatting update.

Why the model ranked it here

This removes the explanation of a debt-related loss and its connection to a partial loan repayment, obscuring an important financing-related event.

Filing text · FY2024 10-Q · filed Oct 28, 2024

[removed] There was no loss on debt prepayment recognized for the nine months ended September 27, 2024, as compared to $13.3 million for the nine months ended September 29, 2023 due to the write-off relating to the partial repayment of the Term Loan "B" Facility in 2023.

Filing text · FY2025 10-Q · filed Nov 3, 2025

No corresponding language in the FY2025 10-Q.

Cite this change

"There was no loss on debt prepayment recognized for the nine months ended September 27, 2024, as compared to $13.3 million for the nine months ended September 29, 2023 due to the write-off relating to the partial repayment of the Term Loan "B" Facility in 2023."

On Semiconductor, Form 10-Q for FY2024, Part I, Item 2, accession 0001628280-24-043880, filed 28 October 2024.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000162828024043880/on-20240927.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

03RemovedPart I, Item 2 › Gross Profit and Gross Margin

Summary · quote-checked

The filing removed the disclosure that gross margin decreased by 1.7 percentage points to 45.5%, primarily due to segment-related changes.

Removing a results narrative eliminates a substantive statement about gross-margin direction, magnitude, and stated drivers; this is more than a period roll-forward or presentation change.

Why the model ranked it here

This removes management’s explanation of the direction and drivers of gross-margin performance over the broader reporting period.

Filing text · FY2024 10-Q · filed Oct 28, 2024

[removed] Our gross margin decreased by 1.7 percentage points to 45.5% for the nine months ended September 27, 2024 from 47.2% for the nine months ended September 29, 2023, primarily due to changes as explained in the segment gross margin sections below.

Filing text · FY2025 10-Q · filed Nov 3, 2025

No corresponding language in the FY2025 10-Q.

Cite this change

"Our gross margin decreased by 1.7 percentage points to 45.5% for the nine months ended September 27, 2024 from 47.2% for the nine months ended September 29, 2023, primarily due to changes as explained in the segment gross margin sections below."

On Semiconductor, Form 10-Q for FY2024, Part I, Item 2, accession 0001628280-24-043880, filed 28 October 2024.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000162828024043880/on-20240927.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

04RemovedPart I, Item 2 › Gross Profit and Gross Margin

Summary · quote-checked

Removed disclosure that gross margin decreased to 45.4% from 47.3%, primarily due to changes described in segment gross margin sections.

The removed paragraph disclosed a reported margin change and its stated driver; its absence substantively changes the MD&A results narrative, not merely a period or formatting reference.

Filing text · FY2024 10-Q · filed Oct 28, 2024

[removed] Our gross margin decreased by approximately 1.9 percentage points to 45.4% for the quarter ended September 27, 2024 from 47.3% for the quarter ended September 29, 2023, primarily due to changes as explained in the segment gross margin sections below.

Filing text · FY2025 10-Q · filed Nov 3, 2025

No corresponding language in the FY2025 10-Q.

Cite this change

"Our gross margin decreased by approximately 1.9 percentage points to 45.4% for the quarter ended September 27, 2024 from 47.3% for the quarter ended September 29, 2023, primarily due to changes as explained in the segment gross margin sections below."

On Semiconductor, Form 10-Q for FY2024, Part I, Item 2, accession 0001628280-24-043880, filed 28 October 2024.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000162828024043880/on-20240927.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

05RemovedPart I, Item 2 › Gross Profit and Gross Margin

Summary · quote-checked

The gross profit and gross margin table was removed from the MD&A disclosure.

The table’s disappearance changes the disclosed presentation of gross profit and margin information; under the rubric, a numeric table that disappears is material.

Filing text · FY2024 10-Q · filed Oct 28, 2024
[removed] |[removed] Quarter Ended September 27, 2024 | As a % ofRevenue | Quarter Ended September 29, 2023 | As a % ofRevenue[removed] PSG | $ | 344.9 | 41.6 | % | $ | 513.5 | 47.7 | %[removed] AMG | 325.3 | 49.8 | % | 361.1 | 46.6 | %[removed] ISG | 129.2 | 46.3 | % | 156.1 | 47.5 | %[removed] Total gross profit | $ | 799.4 | 45.4 | % | $ | 1,030.7 | 47.3 | %
Filing text · FY2025 10-Q · filed Nov 3, 2025

No corresponding language in the FY2025 10-Q.

Cite this change

"Quarter Ended September 27, 2024 | As a % ofRevenue | Quarter Ended September 29, 2023 | As a % ofRevenue"

On Semiconductor, Form 10-Q for FY2024, Part I, Item 2, accession 0001628280-24-043880, filed 28 October 2024.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000162828024043880/on-20240927.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

Show all 6 in Part I, Item 2 (1 more, in filing order)

What the company says differently

Paragraphs that changed between the two filings, shown as a word diff.

40 material changes

Part I, Item 2 · MD&A

5 of 40 shown · Ordered by the model, quote-checked

01ChangedPart I, Item 2 › Gross Profit and Gross Margin

Summary · quote-checked

ISG gross profit and margin declines became substantially larger, with excess and obsolete inventory charges and the 2025 Manufacturing Realignment Program identified as key drivers.

The reported results changed materially in magnitude and stated drivers, adding inventory charges and a manufacturing realignment program while removing unfavorable product mix as the margin driver.

Why the model ranked it here

The sharp ISG profitability deterioration and newly identified inventory-driven realignment materially change the company’s operating picture.

Filing text · FY2024 10-Q · filed Oct 28, 2024

ISG gross profit decreased by [removed] $96.5 million, primarily driven by the decline in sales volume from existing [removed] products. ISG gross margin decreased [removed] 0.9 percentage points to 47.6% from 48.5%, primarily driven by unfavorable changes in [removed] product mix.

Filing text · FY2025 10-Q · filed Nov 3, 2025

ISG gross profit decreased by [added] $352.0 million, primarily driven by the [added] excess and obsolete inventory charges discussed above. Additionally, the decline in sales volume from existing [added] products added to the decrease. ISG gross margin decreased [added] to 5.9% from 47.6%, primarily due to the excess and obsolete inventory charges as a result of certain strategy changes in [added] connection with the 2025 Manufacturing Realignment Program.

Cite this change

"ISG gross profit decreased by $352.0 million, primarily driven by the excess and obsolete inventory charges discussed above. Additionally, the decline in sales volume from existing products added to the decrease. ISG gross margin decreased to 5.9% from 47.6%, primarily due to the excess and obsolete inventory charges as a result of certain strategy changes in connection with the 2025 Manufacturing Realignment Program."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

02ChangedPart I, Item 2 › Executive Overview

Summary · quote-checked

The restructuring disclosure changes employee terminations and costs, adds manufacturing-equipment impairments and sale-related charges, and removes the prior relocation disclosure.

The paragraph substantively changes the reported workforce actions and introduces held-for-sale equipment impairments and contract termination costs, altering disclosed obligations and exposures.

Why the model ranked it here

The restructuring disclosure adds substantial manufacturing-equipment impairments and contract-related exposures while changing the reported workforce actions.

Filing text · FY2024 10-Q · filed Oct 28, 2024

[removed] In an effort to streamline resources, drive organizational efficiencies, consolidate our global corporate footprint, and align with our "Fab Right" manufacturing strategy, we initiated the 2024 business realignment efforts during the [removed] second quarter of 2024. Under this business realignment, approximately 1,100 employees were notified of their employment termination and around 200 additional employees were reassigned or asked to relocate to another site so far. During the nine months ended September 27, 2024, we incurred severance and other related charges of [removed] approximately $70.1 million and [removed] asset impairments and other charges of approximately $29.5 million. For additional information, see Note 4: ''Restructuring, Asset Impairments and Other Charges, Net'' in the notes to our unaudited consolidated financial statements included elsewhere in this Form 10-Q.

Filing text · FY2025 10-Q · filed Nov 3, 2025

[added] We expect to incur total severance costs and related benefit expenses of $67 million related to the termination of approximately 2,400 employees. Of this, approximately $2.8 million and $65.9 million was recognized during the [added] quarter and nine months ended October 3, 2025, respectively. Additionally, we recorded non-cash impairment charges of $15.8 million and $487.9 million during the quarter and nine months ended October 3, 2025, respectively, related to previous investments in manufacturing equipment at certain manufacturing facilities pursuant to held-for-sale accounting guidance. Other charges of [added] $1.0 million and [added] $51.5 million for the quarter and nine months ended October 3, 2025, respectively, comprised of estimated costs associated with selling the equipment and contract termination costs, were incurred as a result of the above initiatives. The total of the aforementioned costs was included within Restructuring, Asset Impairments and Other, Net in the Consolidated Statement of Operations.

Cite this change

"Additionally, we recorded non-cash impairment charges of $15.8 million and $487.9 million during the quarter and nine months ended October 3, 2025, respectively, related to previous investments in manufacturing equipment at certain manufacturing facilities pursuant to held-for-sale accounting guidance."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

03ChangedPart I, Item 2 › Gross Profit and Gross Margin

Summary · quote-checked

Gross profit declined further, with new excess and obsolete inventory charges tied to the 2025 Manufacturing Realignment Program and revised sales-volume impacts.

The paragraph adds a $235.8 million inventory charge, identifies a $230.3 million work-in-progress component and a business-strategy change, while revising stated gross-profit drivers.

Why the model ranked it here

The newly disclosed excess and obsolete inventory charges show that a strategy change is creating a significant additional cost burden.

Filing text · FY2024 10-Q · filed Oct 28, 2024

Gross profit [removed] was $2,437.0 million for the nine months ended [removed] September 27, 2024 compared to [removed] $2,941.6 million for the nine months ended September [removed] 29, 2023, representing a decrease of $504.6 million, or approximately 17%. This was primarily due to the decline in sales volume from existing products and new products which negatively impacted gross profit by approximately $487 million and $79 million, respectively, partially offset by approximately $62 million due to a reduction in the lower-margin manufacturing services revenue at our EFK location.

Filing text · FY2025 10-Q · filed Nov 3, 2025

Gross profit [added] decreased by $1,004.1 million, or approximately 41%, to $1,432.9 million for the nine months ended [added] October 3, 2025 compared to [added] $2,437.0 million for the nine months ended September [added] 27, 2024. We recorded excess and obsolete inventory charges of $235.8 million, of which $230.3 million related to inventory primarily considered work in progress within the ISG reportable segment, as a result of changes in business strategy due to the 2025 Manufacturing Realignment Program. See Note 5: ''Restructuring, Asset Impairments and Other, Net'' for additional information. We also continued to experience a significant decrease in sales volume from existing products and new products that negatively impacted gross profit by approximately $635.5 million and $132.8 million, respectively.

Cite this change

"We recorded excess and obsolete inventory charges of $235.8 million, of which $230.3 million related to inventory primarily considered work in progress within the ISG reportable segment, as a result of changes in business strategy due to the 2025 Manufacturing Realignment Program."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

04ChangedPart I, Item 2 › Overview

Summary · quote-checked

The liquidity paragraph no longer states that funding sources may cover amounts required to satisfy the current portion of long-term debt.

Removing a stated debt-payment funding requirement changes the disclosed liquidity obligation, despite the reordered investments and rolled-forward date and cash balance.

Why the model ranked it here

Removing the explicit reference to funding the current portion of long-term debt changes the disclosed liquidity obligations.

Filing text · FY2024 10-Q · filed Oct 28, 2024

Our principal sources of liquidity are cash on hand, cash generated from operations, available borrowings under our Revolving Credit Facility as well as new debt and/or equity issuances. In the near term, we expect to fund our cash requirements by utilizing any or a combination of these principal [removed] sources, including any amounts required to satisfy our current portion of long-term debt. Our cash and cash equivalents and short-term investments were approximately [removed] $2.8 billion as of [removed] September 27, 2024, and the Revolving Credit Facility has approximately $1.1 billion available for future borrowings.

Filing text · FY2025 10-Q · filed Nov 3, 2025

Our principal sources of liquidity are cash on hand, [added] short-term investments, cash generated from operations, available borrowings under our Revolving Credit Facility as well as new debt and/or equity issuances. In the near term, we expect to fund our cash requirements by utilizing any or a combination of these principal [added] sources. Our cash and cash equivalents and short-term investments were approximately [added] $2.9 billion as of [added] October 3, 2025, and the Revolving Credit Facility has approximately $1.1 billion available for future borrowings.

Cite this change

"In the near term, we expect to fund our cash requirements by utilizing any or a combination of these principal sources."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

05ChangedPart I, Item 2 › Overview

Summary · quote-checked

Removed disclosure that the 0% Notes were classified as a current liability based on share price trigger provisions.

The removed sentence disclosed a specific debt classification and share-price-trigger condition, changing the filing’s description of an obligation and related exposure.

Why the model ranked it here

Removing the disclosure of current classification tied to a share-price trigger changes how readers understand the company’s debt exposure.

Filing text · FY2024 10-Q · filed Oct 28, 2024

We do not have any meaningful debt maturing during the next 12 months. [removed] Our 0% Notes are also classified as a current liability based on share price trigger provisions. We expect to continue our Share Repurchase Program subject to market conditions, the price of our shares and other factors (including liquidity needs). However, the Share Repurchase Program may be modified, suspended or terminated by the Board of Directors at any time without prior notice.

Filing text · FY2025 10-Q · filed Nov 3, 2025

We do not have any meaningful debt maturing during the next 12 months. We expect to continue our Share Repurchase Program subject to market conditions, the price of our shares and other factors (including liquidity needs). However, the Share Repurchase Program may be modified, suspended or terminated by the Board of Directors at any time without prior notice.

Cite this change

"We do not have any meaningful debt maturing during the next 12 months."

On Semiconductor, Form 10-Q for FY2025, Part I, Item 2, accession 0001097864-25-000019, filed 3 November 2025.

Filing: https://www.sec.gov/Archives/edgar/data/1097864/000109786425000019/on-20251003.htm

Comparison: https://yearover.com/reports/on/0001097864-25-000019?ref=quote

Summaries are written by a model and checked against the quoted text. The quotes are the record.

Show all 40 in Part I, Item 2 (35 more, in filing order)

What the company reported as changed this quarter

We have not parsed the annual report this quarter's risk factors refers to, so we cannot tell whether it restates the section or reports changes to it. Nothing is compared until we can.

Part II, Item 1A · Risk Factors

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