On Semiconductor (ON) Research & Development (2009 - 2026)
On Semiconductor (ON) posted Research & Development of $140.8 million for Q3 2026, down 2.43% on a QoQ basis from $144.3 million in Q2 2026, and down 2.09% year-over-year from $143.8 million in Q3 2025.
Analysis
On Semiconductor (ON) Research & Development (2009 - 2026) Analysis & Trends
On Semiconductor has reported Research & Development for 18 years, with the latest figure at $140.8 million in Q3 2026.
- On a quarterly basis, Research & Development fell 2.09% year-over-year to $140.8 million in Q3 2026; TTM through Jul 2026 was $560.8 million, a 8.68% decrease from a year earlier, with the FY2025 full-year figure at $583.6 million, down 4.75% from the prior year.
- Research & Development was $140.8 million for Q3 2026 at On Semiconductor, down from $144.3 million in the prior quarter.
- The five-year high for Research & Development was $164.1 million in Q2 2025, with the low at $133.8 million in Q4 2025.
- Average Research & Development over 5 years is $147.7 million, with a median of $145.4 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development slipped 15.07% in 2022, then grew 10.12% in 2023.
- Over 5 years, Research & Development stood at $136.4 million in 2022, then increased by 10.12% to $150.2 million in 2023, then grew by 3.33% to $155.2 million in 2024, then retreated by 13.79% to $133.8 million in 2025, then climbed by 5.23% to $140.8 million in 2026.
- The last three Research & Development figures came in at $140.8 million (Q3 2026), $144.3 million (Q2 2026), and $133.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 2.31 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 1.32 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 3.37 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 535.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 533.48 Mn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 604.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -150.19 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -551.00 Mn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 308.90 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 140.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 140.80 Mn |
| Apr 3, 2026 | 144.30 Mn |
| Dec 31, 2025 | 133.80 Mn |
| Oct 3, 2025 | 141.90 Mn |
| Jul 4, 2025 | 143.80 Mn |
| Apr 4, 2025 | 164.10 Mn |
| Dec 31, 2024 | 155.20 Mn |
| Sep 27, 2024 | 151.00 Mn |
| Jun 28, 2024 | 156.50 Mn |
| Mar 29, 2024 | 150.00 Mn |
| Dec 31, 2023 | 150.20 Mn |
| Sep 29, 2023 | 143.40 Mn |
| Jun 30, 2023 | 145.30 Mn |
| Mar 31, 2023 | 138.40 Mn |
| Dec 31, 2022 | 136.40 Mn |
| Sep 30, 2022 | 145.40 Mn |
| Jul 1, 2022 | 161.60 Mn |
| Apr 1, 2022 | 156.80 Mn |
| Dec 31, 2021 | 160.60 Mn |
| Oct 1, 2021 | 154.50 Mn |