Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · ON Semiconductor (ON)

onsemi to take $200 million to $300 million in non-cash impairment and depreciation charges

Negative Impact 4 of 5 restructuring Written later

onsemi said that on November 13, 2025, management approved additional pre-tax non-cash impairment and accelerated depreciation charges of $200 million to $300 million tied to long-lived manufacturing assets at certain facilities. The company expects the charges to cut recurring depreciation by $10 million to $15 million in 2026 and does not expect material future cash expenditures, though the estimates may differ materially from actual results.

Key points

  • Pre-tax non-cash impairment and accelerated depreciation charges of $200 million to $300 million, approved November 13, 2025
  • Estimated reduction in 2026 recurring depreciation expense of $10 million to $15 million
  • Most charges expected to be incurred through the first two quarters of 2026; no material future cash expenditures expected
  • Charges follow restructuring and cost reduction initiatives announced in the first quarter of 2025

The filing

CompanyON Semiconductor (ON)
Form8-K, current report
Filed with the SECNov 17, 2025, 4:47 PM ET
Accession number0001140361-25-042498

Items reported: 2.06 Material Impairment

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 17, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.