Other

Research and development expense

ON Semiconductor Research and development expense increased by 7.8% to $144.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.1%, from $164.10M to $144.30M. Over 4 years (FY 2021 to FY 2025), Research and development expense shows a downward trend with a -2.8% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026

How to read this metric

Higher spending typically signals a commitment to long-term innovation and future product pipelines, while significant cuts may signal a shift toward short-term profitability.

Detailed definition

This metric captures the investment in creating new products, improving existing technologies, and advancing internal ca...

Peer comparison

Standard metric for technology and hardware firms; highly comparable to R&D spending at peers.

Metric ID: other_research_and_development_expense_excluding_acquire_88a3cd

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$166.30M$154.50M$160.60M$156.80M$161.60M$145.40M$136.40M$138.40M$145.30M$143.40M$150.20M$150.00M$156.50M$151.00M$155.20M$164.10M$143.80M$141.90M$133.80M$144.30M
QoQ Change-7.1%+3.9%-2.4%+3.1%-10.0%-6.2%+1.5%+5.0%-1.3%+4.7%-0.1%+4.3%-3.5%+2.8%+5.7%-12.4%-1.3%-5.7%+7.8%
YoY Change-2.8%-5.9%-15.1%-11.7%-10.1%-1.4%+10.1%+8.4%+7.7%+5.3%+3.3%+9.4%-8.1%-6.0%-13.8%-12.1%
Range$133.80M$166.30M
CAGR-2.9%
Avg YoY Growth-2.7%
Median YoY Growth-4.4%

Research and development expense at Other Companies

Frequently Asked Questions

What is ON Semiconductor's research and development expense?
ON Semiconductor (ON) reported research and development expense of $144.30M in Q1 2026.
How has ON Semiconductor's research and development expense changed year-over-year?
ON Semiconductor's research and development expense decreased by 12.1% year-over-year, from $164.10M to $144.30M.
What is the long-term trend for ON Semiconductor's research and development expense?
Over 4 years (2021 to 2025), ON Semiconductor's research and development expense has grown at a -2.8% compound annual growth rate (CAGR), from $655.00M to $583.60M.
What does research and development expense mean?
Spending on innovation and product development.