On Semiconductor (ON) Operating Expenses (2009 - 2026)
On Semiconductor's quarterly Operating Expenses came in at $636.5 million in Q2 2026, down 26.63% year-on-year from $867.5 million in Q2 2025, and up 81.39% quarter-over-quarter from $350.9 million in Q4 2025.
On Semiconductor has reported Operating Expenses for 18 years, with the latest figure at $636.5 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 26.63% year-over-year to $636.5 million; the trailing twelve-month figure through Apr 2026 stood at $1.7 billion (down 16.04% YoY), and the FY2025 full-year result was $1.9 billion, up 31.16% from the prior year.
- Operating Expenses for Q2 2026 stood at $636.5 million, up from $350.9 million in the prior quarter.
- The five-year high for Operating Expenses was $867.5 million in Q2 2025, with the low at $314.1 million in Q2 2022.
- Average Operating Expenses over 5 years is $414.5 million, with a median of $352.6 million recorded in 2023.
- Year-over-year, Operating Expenses slumped 45.77% in 2023 and surged 164.16% in 2025.
- Tracing ON's Operating Expenses over 5 years: stood at $316.2 million in 2022, then advanced by 4.3% to $329.8 million in 2023, then increased by 12.34% to $370.5 million in 2024, then slipped by 5.29% to $350.9 million in 2025, then jumped by 81.39% to $636.5 million in 2026.
- The last three Operating Expenses figures came in at $636.5 million (Q2 2026), $350.9 million (Q4 2025), and $322.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 4.59 Bn |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 1.59 Bn |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 3.94 Bn |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | 8.48 Bn |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 991.00 Mn |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 8.29 Bn |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 1.06 Bn |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 921.40 Mn |
| 10 | On Semiconductor | 47.65 Bn | 45.27 Bn | 583.10 Mn | 636.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 636.50 Mn |
| Dec 31, 2025 | 350.90 Mn |
| Oct 3, 2025 | 322.80 Mn |
| Jul 4, 2025 | 358.50 Mn |
| Apr 4, 2025 | 867.50 Mn |
| Dec 31, 2024 | 370.50 Mn |
| Sep 27, 2024 | 354.00 Mn |
| Jun 28, 2024 | 395.50 Mn |
| Mar 29, 2024 | 328.40 Mn |
| Dec 31, 2023 | 329.80 Mn |
| Sep 29, 2023 | 343.70 Mn |
| Jun 30, 2023 | 318.70 Mn |
| Mar 31, 2023 | 352.60 Mn |
| Dec 31, 2022 | 316.20 Mn |
| Sep 30, 2022 | 633.80 Mn |
| Jul 1, 2022 | 453.10 Mn |
| Apr 1, 2022 | 314.10 Mn |
| Dec 31, 2021 | 351.90 Mn |
| Oct 1, 2021 | 321.60 Mn |
| Jul 2, 2021 | 357.90 Mn |
| Apr 2, 2021 | 395.30 Mn |
| Dec 31, 2020 | 329.60 Mn |
| Oct 2, 2020 | 322.20 Mn |
| Jul 3, 2020 | 331.20 Mn |
| Apr 3, 2020 | 384.10 Mn |
| Dec 31, 2019 | 346.80 Mn |
| Sep 27, 2019 | 519.10 Mn |
| Jun 28, 2019 | 340.70 Mn |
| Mar 29, 2019 | 334.30 Mn |
| Dec 31, 2018 | 347.00 Mn |
| Sep 28, 2018 | 355.00 Mn |
| Jun 29, 2018 | 357.80 Mn |
| Mar 30, 2018 | 331.70 Mn |
| Dec 31, 2017 | 349.00 Mn |
| Sep 29, 2017 | 347.00 Mn |
| Jun 30, 2017 | 338.00 Mn |
| Mar 31, 2017 | 320.00 Mn |
| Dec 31, 2016 | 321.70 Mn |
| Sep 30, 2016 | 282.30 Mn |
| Jul 1, 2016 | 232.60 Mn |
| Apr 1, 2016 | 217.10 Mn |
| Dec 31, 2015 | 224.40 Mn |
| Oct 2, 2015 | 239.10 Mn |
| Jul 3, 2015 | 236.60 Mn |
| Apr 3, 2015 | 232.00 Mn |
| Dec 31, 2014 | 263.10 Mn |
| Sep 26, 2014 | 224.10 Mn |
| Jun 27, 2014 | 191.30 Mn |
| Mar 28, 2014 | 177.50 Mn |
| Dec 31, 2013 | 190.60 Mn |
| Sep 27, 2013 | 181.90 Mn |
| Jun 28, 2013 | 180.90 Mn |
| Mar 29, 2013 | 166.80 Mn |
| Dec 31, 2012 | 340.20 Mn |
| Sep 28, 2012 | 193.40 Mn |
| Jun 29, 2012 | 231.40 Mn |
| Mar 30, 2012 | 201.60 Mn |
| Dec 31, 2011 | 208.70 Mn |
| Sep 30, 2011 | 267.80 Mn |
| Jul 1, 2011 | 209.20 Mn |
| Apr 1, 2011 | 209.70 Mn |
| Dec 31, 2010 | 156.80 Mn |
| Oct 1, 2010 | 138.80 Mn |
| Jul 2, 2010 | 142.30 Mn |
| Apr 2, 2010 | 143.90 Mn |
| Dec 31, 2009 | 110.80 Mn |
| Oct 2, 2009 | 126.10 Mn |