Operating
Reversal Of Income Tax Valuation Allowance
ON Semiconductor Reversal Of Income Tax Valuation Allowance decreased by 103.3% to -$2.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 119.7%, from $13.70M to -$2.70M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ3 2023
Last reportedQ1 2026May 4, 2026
How to read this metric
A reversal indicates improved future profitability expectations and a stronger tax position for the company.
Detailed definition
This reflects the non-cash benefit recognized when a company determines that it is more likely than not that its deferre...
Peer comparison
Occurs periodically as companies return to profitability or reorganize their tax structures.
Metric ID:
operating_reversal_of_income_tax_valuation_allowanceHistorical Data
11 periods
| Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $79.40M | $18.70M | $48.60M | $27.90M | $45.60M | $7.50M | $13.70M | $18.50M | $80.90M | $80.60M | -$2.70M |
| QoQ Change | — | -76.4% | +159.9% | -42.6% | +63.4% | -83.6% | +82.7% | +35.0% | +337.3% | -0.4% | -103.3% |
| YoY Change | — | — | — | — | -42.6% | -59.9% | -71.8% | -33.7% | +77.4% | +974.7% | -119.7% |
Range-$2.70M – $80.90M
CAGR-74.1%
Avg YoY Growth+103.5%
Median YoY Growth-42.6%
Current Streak2 quarters decline
Reversal Of Income Tax Valuation Allowance at Other Companies
Frequently Asked Questions
- What is ON Semiconductor's reversal of income tax valuation allowance?
- ON Semiconductor (ON) reported reversal of income tax valuation allowance of -$2.70M in Q1 2026.
- How has ON Semiconductor's reversal of income tax valuation allowance changed year-over-year?
- ON Semiconductor's reversal of income tax valuation allowance decreased by 119.7% year-over-year, from $13.70M to -$2.70M.
- What does reversal of income tax valuation allowance mean?
- The accounting recognition of tax benefits previously deemed unlikely to be used.