Discontinued — last reported Q1 '24
Product development agreements — Revenue
ON Semiconductor Product development agreements — Revenue increased by 76.0% to $4.40M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 76.0%, from $2.50M to $4.40M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests stronger customer engagement and a robust pipeline of future production-ready designs, while a decrease may indicate a slowdown in new product innovation or customer design-in activity.
Detailed definition
This metric represents revenue generated from collaborative engineering and design-in projects where the company partner...
Peer comparison
Comparable to NRE (Non-Recurring Engineering) revenue or custom design service revenue reported by other semiconductor manufacturers focused on automotive and industrial markets.
on_segment_product_development_agreements_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $4.98M | $4.98M | $4.98M | $5.03M | $5.03M | $5.03M | $5.03M | $2.50M | $4.40M |
| QoQ Change | — | +0.0% | +0.0% | +1.0% | +0.0% | +0.0% | +0.0% | -50.2% | +76.0% |
| YoY Change | — | — | — | — | +1.0% | +1.0% | +1.0% | -50.2% | +76.0% |
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Frequently Asked Questions
- What is ON Semiconductor's product development agreements — revenue?
- ON Semiconductor (ON) reported product development agreements — revenue of $4.40M in Q1 2024.
- How has ON Semiconductor's product development agreements — revenue changed year-over-year?
- ON Semiconductor's product development agreements — revenue increased by 76.0% year-over-year, from $2.50M to $4.40M.
- What does product development agreements — revenue mean?
- Revenue earned from collaborative projects to design and develop custom semiconductor products for specific customer needs.