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At close: Oct 19, 2026 · 4:00 PM EDT

On Semiconductor (ON) Cost of Revenue (2009 - 2026)

Updated

On Semiconductor (ON) reported Cost of Revenue of $987.2 million for Q2 2026, up 7.7% from $916.8 million a year earlier and up 6.1% from the prior quarter.

Analysis

On Semiconductor (ON) Cost of Revenue (2009 - 2026) Analysis & Trends

Over the twelve months ended Jul 3, 2026, On Semiconductor's Cost of Revenue came in at $3.86 billion, down 2.9% year-over-year; for FY2025, it was $4.01 billion, up 3.8% from FY2024.

  • Cost of Revenue has a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
  • By year, Cost of Revenue came in at $3.87 billion in FY2024 (-11.5%), $4.37 billion in FY2023 (+2.8%), $4.25 billion in FY2022 (+5.6%) and $4.03 billion in FY2021 (+13.7%).
  • The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q1 2025.
  • Year over year, Cost of Revenue gained in four of the last eight quarters, with an average decline of 3.2%.
  • The high point for year-over-year Cost of Revenue in five years was Q3 2021 (growth of 16.6%); the low point was Q1 2026 (a decline of 19.2%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at $930.2 million (Q1 2026), $979.1 million (Q4 2025) and $963.7 million (Q3 2025).
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Peer Comparison

Historic Data

Historic Data

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API Access

On Semiconductor Cost of Revenue API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ON&period=max&api_key=YOUR_API_KEY