ON · 10-Q · 2026Q4 · Full report

Operating Expense Trends

ON SEMICONDUCTOR CORP · 2026-11-02 · Importance 41 · Surprise 40

Nine-month general and administrative expense increased 14% to $299.1 million from $262.9 million, primarily due to third-party costs for the proposed Synaptics acquisition and increased variable compensation. Quarterly G&A rose 23% to $107.8 million from $87.3 million for the same stated drivers. Nine-month R&D declined 4% to $430.1 million from $449.8 million as lower material costs more than offset higher variable compensation.

Key facts

• Quarterly general and administrative expense increased $20.5 million, or approximately 23%, to $107.8 million, primarily due to third-party costs for the proposed Synaptics acquisition and higher variable compensation. source
• Nine-month general and administrative expense increased $36.2 million, or approximately 14%, to $299.1 million, primarily due to proposed Synaptics acquisition costs and higher variable compensation. source
• Quarterly R&D expense increased $3.1 million, or approximately 2%, to $145.0 million, primarily from higher variable compensation partly offset by lower material costs. source
• Quarterly selling and marketing expense increased $4.0 million, or approximately 6%, to $66.8 million, primarily due to higher variable compensation. source
• Nine-month selling and marketing expense decreased $1.3 million, or approximately 1%, to $193.1 million. source
• Nine-month R&D expense decreased $19.7 million, or approximately 4%, to $430.1 million, primarily due to lower material costs partly offset by higher variable compensation. source