On Semiconductor ON
NASDAQ ON
$76.14 +5.97 (+8.51%)
At close: Sep 11, 2026 · 4:00 PM EDT

On Semiconductor (ON) Operating Expenses (2009 - 2026)

On Semiconductor (ON) posted Operating Expenses of $357.7 million for Q3 2026, down 43.8% on a QoQ basis from $636.5 million in Q2 2026, and little changed year-over-year from $358.5 million in Q3 2025.

Analysis

On Semiconductor (ON) Operating Expenses (2009 - 2026) Analysis & Trends

On Semiconductor has reported Operating Expenses for 18 years, with the latest figure at $357.7 million in Q3 2026.

  • On a quarterly basis, Operating Expenses changed 0.22% year-over-year to $357.7 million in Q3 2026; TTM through Jul 2026 was $1.7 billion, a 14.49% decrease from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 31.16% from the prior year.
  • Operating Expenses was $357.7 million for Q3 2026 at On Semiconductor, down from $636.5 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 $411.4 million, with a median of $353.3 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses sank 45.77% in 2023, then jumped 164.16% in 2025.
  • Over 5 years, Operating Expenses 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 grew by 1.94% to $357.7 million in 2026.
  • The last three Operating Expenses figures came in at $357.7 million (Q3 2026), $636.5 million (Q2 2026), and $350.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Taiwan Semiconductor Manufacturing 2,246.74 Bn 2,142.69 Bn 27.22 Bn 3.13 Bn
2 Micron Technology 1,101.07 Bn 1,075.05 Bn 35.06 Bn 1.72 Bn
3 Intel 519.13 Bn 505.00 Bn 6.51 Bn 4.71 Bn
4 Texas Instruments 245.39 Bn 238.39 Bn 3.35 Bn 1.04 Bn
5 Analog Devices 183.54 Bn 181.22 Bn 2.71 Bn 1.09 Bn
6 NXP Semiconductors 59.67 Bn 56.81 Bn 2.00 Bn 926.00 Mn
7 United Microelectronics 57.00 Bn 53.04 Bn 706.26 Mn -226.94 Mn
8 STMicroelectronics 45.78 Bn 41.92 Bn 1.22 Bn -1.03 Bn
9 Microchip Technology 40.29 Bn 40.02 Bn 938.90 Mn 602.10 Mn
10 On Semiconductor 29.64 Bn 25.80 Bn 616.30 Mn 357.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 357.70 Mn
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