On Semiconductor (ON) Research & Development (2009 - 2026)
On Semiconductor (ON) posted quarterly Research & Development of $63.0 million for Q2 2026, down 61.61% year-over-year from $164.1 million in Q2 2025, and up 2.44% quarter-over-quarter from $61.5 million in Q4 2025.
On Semiconductor (ON) Research & Development (2009 - 2026) Analysis & Trends
On Semiconductor (ON) has reported Research & Development for 18 consecutive years, with $63.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development fell 61.61% year-over-year to $63.0 million; the TTM figure through Apr 2026 stood at $410.2 million (down 48.29% YoY), while the FY2025 annual figure was $255.9 million, down 58.23% from the prior year.
- Research & Development advanced to $63.0 million in Q2 2026 per ON's latest filing, from $61.5 million in the prior quarter.
- Across five years, Research & Development topped out at $409.6 million in Q4 2024 and bottomed at $61.5 million in Q4 2025.
- Historically, Research & Development has averaged $126.5 million across 5 years, with a median of $138.4 million in 2023.
- Annual changes were most pronounced in 2024 — Research & Development surged 172.7% — and 2025, when it plunged 84.99%.
- On Semiconductor's Research & Development stood at $74.2 million in 2022, then surged by 102.43% to $150.2 million in 2023, then jumped by 172.7% to $409.6 million in 2024, then slumped by 84.99% to $61.5 million in 2025, then increased by 2.44% to $63.0 million in 2026.
- Business Quant data shows ON's Research & Development at $63.0 million in Q2 2026, $61.5 million in Q4 2025, and $141.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 2.14 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 6.32 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 3.00 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 3.37 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | -838.00 Mn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 535.00 Mn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 652.30 Mn |
| 10 | On Semiconductor | 28.90 Bn | 25.03 Bn | 616.30 Mn | 140.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 140.80 Mn |
| Apr 3, 2026 | 63.00 Mn |
| Dec 31, 2025 | 61.50 Mn |
| Oct 3, 2025 | 141.90 Mn |
| Jul 4, 2025 | 143.80 Mn |
| Apr 4, 2025 | 164.10 Mn |
| Dec 31, 2024 | 409.60 Mn |
| Sep 27, 2024 | 151.00 Mn |
| Jun 28, 2024 | 68.60 Mn |
| Mar 29, 2024 | 69.10 Mn |
| Dec 31, 2023 | 150.20 Mn |
| Sep 29, 2023 | 68.20 Mn |
| Jun 30, 2023 | 145.30 Mn |
| Mar 31, 2023 | 138.40 Mn |
| Dec 31, 2022 | 74.20 Mn |
| Sep 30, 2022 | 69.50 Mn |
| Jul 1, 2022 | 161.60 Mn |
| Apr 1, 2022 | 71.10 Mn |
| Dec 31, 2021 | 70.20 Mn |
| Oct 1, 2021 | 154.50 Mn |