What's the difference between disabled="disabled" and readonly="readonly" for HTML form input fields?

A readonly element is just not editable, but gets sent when the according form submits. A disabled element isn't editable and isn't sent on submit. Another difference is that readonly elements can be focused (and getting focused when "tabbing" through a form) while disabled elements can't.

Read more about this in this great article or the definition by w3c. To quote the important part:

Key Differences

The Disabled attribute

• Values for disabled form elements are not passed to the processor method. The W3C calls this a successful element.(This works similar to form check boxes that are not checked.)
• Some browsers may override or provide default styling for disabled form elements. (Gray out or emboss text) Internet Explorer 5.5 is particularly nasty about this.
• Disabled form elements do not receive focus.
• Disabled form elements are skipped in tabbing navigation.

The Read Only Attribute

• Not all form elements have a readonly attribute. Most notable, the <SELECT> , <OPTION> , and <BUTTON> elements do not have readonly attributes (although they both have disabled attributes)
• Browsers provide no default overridden visual feedback that the form element is read only. (This can be a problem… see below.)
• Form elements with the readonly attribute set will get passed to the form processor.
• Read only form elements can receive the focus
• Read only form elements are included in tabbed navigation.

No events get triggered when the element is having disabled attribute.

None of the below will get triggered.

$("[disabled]").click( function(){ console.log("clicked") });//No Impact
$("[disabled]").hover( function(){ console.log("hovered") });//No Impact
$("[disabled]").dblclick( function(){ console.log("double clicked") });//No Impact

While readonly will be triggered.

$("[readonly]").click( function(){ console.log("clicked") });//log - clicked
$("[readonly]").hover( function(){ console.log("hovered") });//log - hovered
$("[readonly]").dblclick( function(){ console.log("double clicked") });//log - double clicked

Disabled means that no data from that form element will be submitted when the form is submitted. Read-only means any data from within the element will be submitted, but it cannot be changed by the user.

For example:

<input type="text" name="yourname" value="Bob" readonly="readonly" />

This will submit the value "Bob" for the element "yourname".

<input type="text" name="yourname" value="Bob" disabled="disabled" />

This will submit nothing for the element "yourname".