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

For the trailing twelve months through Jul 3, 2026, Operating Expenses at On Semiconductor was $1.67 billion, down 14.5% year-over-year; for FY2025, it came in at $1.9 billion, up 31.2% from FY2024.

• Annual Operating Expenses shows a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
• In prior years, On Semiconductor's Operating Expenses was $1.45 billion in FY2024 (+7.7%), $1.34 billion in FY2023 (-21.7%), $1.72 billion in FY2022 (+20.4%) and $1.43 billion in FY2021 (+4.4%).
• Quarterly Operating Expenses has run from a low of $314.1 million in Q1 2022 to a high of $867.5 million in Q1 2025 over five years.
• On a year-over-year basis, Operating Expenses has declined in each of the last five quarters, with growth averaging 16.1% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2025, with growth of 164.2%; the weakest was Q3 2023, with a decline of 45.8%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $636.5 million (Q1 2026), $350.9 million (Q4 2025) and $322.8 million (Q3 2025).