On Semiconductor ON
NASDAQ ON
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At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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