Company / R&D Expense
ON Semiconductor R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$583.6M
FY2025
5-year range
$583.6M / $655.0M
FY2021-FY2025
Trend
-4.7%
vs FY2024
Sector context
#63 of 263
Information Technology
What the data says
ON Semiconductor's r&d expense of $584M is higher than 76% of companies in the Information Technology sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $447M in FY2016 to $655M in FY2023.
Based on SEC 10-K filings.
$584M in FY2025 with a 5-year CAGR of -1.9%. Top quartile in the Information Technology sector.
Declined from $655M to $584M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -0.9%
- 5-Year CAGR
- -1.9%
- 10-Year CAGR
- -
Sector benchmark
-37.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -1.9%, indicating a declining trend.
- In FY2025, r&d expense decreased 4.7% year-over-year.
- Ranks #63 out of 263 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $583.6M | -4.7% |
| FY2024 | $612.7M | -6.5% |
| FY2023 | $655.0M | +9.1% |
| FY2022 | $600.2M | -8.4% |
| FY2021 | $655.0M | +1.9% |
| FY2020 | $642.9M | +0.3% |
| FY2019 | $640.9M | -1.5% |
| FY2018 | $650.7M | +9.4% |
| FY2017 | $594.7M | +33.1% |
| FY2016 | $446.8M | +33.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026