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ON Semiconductor ON Impairment of long-lived assets

Impairment of long-lived assets at other companies

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Gemini Space StationGEMI
$1.33M
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UpexiUPXI
$0-100%
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Jazz PharmaceuticalsJAZZ
$0
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ImmunityBio, Inc.IBRX
$3.5M
ON Semiconductor logo
ON SemiconductorON
$16.3M-59.9%
SRT
Strata Critical MedicalSRTA
$418.25K

Other financials

Income statement

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Revenue$1.6B+9.2%
Gross profit$616.3M+11.7%
Operating income$258.6M+33.7%
Net income$226.8M+33.2%
EPS (diluted)$0.79+92.7%

Balance sheet

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Cash & equivalents$3.5B+39.1%
Total debt$3.7B+1.2%
Total equity$7.2B-8.8%
Total assets$13.5B+2.7%

Cash flow

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Operating cash flow$459.7M+149%
CapEx-$34.3M-144%
Free cash flow$425.4M+301%

Valuation

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Market cap$31.6B+64.1%
Enterprise value$31.77B+55.9%
P/E50.1×+8.8×
P/S5.1×+2.1×

Profitability

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Gross margin37.7%-0.2pp
Operating margin10.8%+3.4pp
Net margin10.2%+2.9pp
FCF margin24.2%+4.1pp

Returns & leverage

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Return on equity8.3%+2.6pp
Debt / equity0.5×+0.1×
Current ratio3.5×-1.6×

Where this comes from

Reported directly by ON Semiconductor in its filing.

Tagged under the XBRL concept us-gaap:TangibleAssetImpairmentCharges.

The source filing: ON Semiconductor’s 8-K, filed August 3, 2026. Open the filing →

Filed
Aug 3, 2026, 4:54 PM EDT
Accession
0001140361-26-030989

FAQ

What is ON Semiconductor's impairment of long-lived assets?
ON Semiconductor (ON) reported impairment of long-lived assets of $16.3M in Q2 2026.
How has ON Semiconductor's impairment of long-lived assets changed year-over-year?
ON Semiconductor's impairment of long-lived assets decreased by 59.9% year-over-year, from $40.6M to $16.3M.
What is the long-term trend for ON Semiconductor's impairment of long-lived assets?
Over 2 years (2021 to 2025), ON Semiconductor's impairment of long-lived assets has grown at a 577.7% compound annual growth rate (CAGR), from $10.8M to $496M.
What does impairment of long-lived assets mean?
This represents a non-cash charge taken when the carrying value of a tangible asset exceeds its fair market value. It signals that the asset is no longer expected to generate the previously anticipated economic benefits.

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