According to one embodiment, an electronic component includes an element, a first lead, and a second lead. The element includes a first electrode and a second electrode. The first lead is electrically connected with the first electrode, and has a flattened cross section. The second lead is electrically connected with the second electrode. The first lead includes a first connection portion, a first bonding portion, and a first extension portion. The first connection portion is connected with the first electrode. The first bonding portion is configured to be bonded with a substrate. The first bonding portion extends in an extension direction perpendicular to a first counter direction. The first counter direction connects the first electrode and the second electrode. The first extension portion is located between the first connection portion and the first bonding portion. The first extension portion extends in the extension direction.