ONTO

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Onto Innovation Inc.

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $314.88
52-Week Range: $118.97 – $386.46
Market Cap: $16.09B
P/E (TTM): 123.22
EPS (TTM): 2.66
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 8.36
PEG Ratio: 0.93
Return on Equity: 6.83%
Return on Assets: 4.81%
Gross Margin: 55.49%
Operating Margin: 22.97%
Profit Margin: 11.84%
Current Ratio: 9.73
Debt/Equity: 0.77
Total Debt: $1.47B
Free Cash Flow: $202.95M
Revenue Growth: 35.30%
Earnings Growth: 75.40%
Enterprise Value: $15.67B

ONTO Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$1.01B	$815.87M	$987.32M	$1.01B
Cost of Revenue	$465.96M	$395.61M	$472.01M	$505.49M
Gross Profit	$539.22M	$420.25M	$515.31M	$499.77M
Research & Development	$111.95M	$104.44M	$113.86M	$131.98M
Selling, General & Admin	$135.27M	$141.34M	$155.90M	$177.03M
Operating Expenses	$302.51M	$300.60M	$319.20M	$348.42M
Operating Income	$236.71M	$119.65M	$196.11M	$151.35M
EBITDA	$301.38M	$186.86M	$258.42M	$211.79M
Pretax Income	$241.58M	$132.58M	$220.45M	$162.90M
Income Tax	$18.25M	$11.42M	$18.78M	$26.14M
Net Income	$223.33M	$121.16M	$201.67M	$136.76M
Diluted EPS	4.49	2.46	4.06	2.78
Diluted Shares	49.76M	49.32M	49.66M	49.27M

ONTO Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$175.87M	$233.51M	$212.94M	$346.12M
Receivables	$241.40M	$226.56M	$308.14M	$268.93M
Inventory	$324.28M	$327.77M	$286.98M	$298.26M
Current Assets	$1.13B	$1.28B	$1.48B	$1.27B
Total Assets	$1.79B	$1.91B	$2.12B	$2.37B
Current Liabilities	$160.56M	$147.73M	$170.09M	$218.95M
Total Debt	$22.02M	$19.52M	$15.16M	$17.48M
Total Liabilities	$198.44M	$173.18M	$191.21M	$267.09M
Retained Earnings	$362.76M	$482.36M	$664.55M	$743.78M
Shareholders' Equity	$1.60B	$1.74B	$1.93B	$2.10B
Working Capital	$974.31M	$1.14B	$1.31B	$1.05B

ONTO Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$136.70M	$171.97M	$245.68M	$328.31M
Capital Expenditure	-$18.41M	-$22.57M	-$31.90M	-$28.51M
Free Cash Flow	$118.30M	$149.40M	$213.77M	$299.80M
Depreciation & Amortisation	$64.66M	$67.21M	$62.31M	$60.44M
Stock-Based Compensation	$24.43M	$25.51M	$28.58M	$27.62M
Investing Cash Flow	-$55.69M	-$103.39M	-$226.55M	-$121.57M
Financing Cash Flow	-$68.35M	-$9.47M	-$35.67M	-$75.15M
Share Repurchases	-$65.26M	-$3.20M	-$25.07M	-$75.02M
Net Change in Cash	$12.66M	$59.11M	-$16.54M	$131.60M

ONTO Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$266.61M	$253.60M	$218.19M	$266.87M	$291.95M	$343.13M
Cost of Revenue	$123.37M	$131.47M	$107.57M	$143.07M	$145.56M	$159.88M
Gross Profit	$143.23M	$122.12M	$110.62M	$123.79M	$146.39M	$183.25M
Research & Development	$28.03M	$35.29M	$32.49M	$36.16M	$35.10M	$38.88M
Selling, General & Admin	$42.50M	$39.91M	$41.92M	$52.70M	$52.87M	$57.37M
Operating Expenses	$78.98M	$83.65M	$82.86M	$102.93M	$107.67M	$115.94M
Operating Income	$64.26M	$38.47M	$27.76M	$20.86M	$38.72M	$67.31M
EBITDA	$77.10M	$52.76M	$41.14M	$40.79M	$64.21M	$92.84M
Pretax Income	$71.66M	$39.74M	$31.98M	$19.52M	$38.05M	$68.50M
Income Tax	$7.56M	$5.83M	$3.75M	$9.00M	$4.30M	$8.39M
Net Income	$64.09M	$33.91M	$28.22M	$10.53M	$33.75M	$60.10M
Diluted EPS	1.30	0.69	0.57	0.21	0.67	1.21
Diluted Shares	49.41M	49.02M	49.11M	49.54M	50.00M	49.68M

ONTO Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$203.73M	$217.47M	$603.09M	$346.12M	$252.25M	$1.25B
Receivables	$291.58M	$285.33M	$260.20M	$268.93M	$306.56M	$337.38M
Inventory	$292.66M	$270.22M	$259.37M	$298.26M	$316.03M	$379.24M
Current Assets	$1.47B	$1.49B	$1.54B	$1.27B	$1.32B	$2.64B
Total Assets	$2.12B	$2.14B	$2.19B	$2.37B	$2.40B	$3.70B
Current Liabilities	$174.48M	$155.78M	$162.87M	$218.95M	$214.45M	$271.64M
Long-Term Debt	—	—	—	—	—	$1.47B
Total Debt	$14.61M	$13.41M	$14.07M	$17.48M	—	$1.47B
Total Liabilities	$195.43M	$177.00M	$184.54M	$267.09M	$264.18M	$1.78B
Retained Earnings	$671.12M	$705.03M	$733.26M	$743.78M	$777.53M	$837.64M
Shareholders' Equity	$1.92B	$1.96B	$2.00B	$2.10B	$2.13B	$1.92B
Working Capital	$1.29B	$1.34B	$1.38B	$1.05B	$1.11B	$2.37B
Net Debt	—	—	—	—	—	$218.53M

ONTO Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$91.98M	$57.94M	$83.40M	$95.00M	$26.32M	$61.51M
Capital Expenditure	-$8.23M	-$13.77M	-$1.38M	-$5.13M	-$3.58M	-$3.66M
Free Cash Flow	$83.75M	$44.17M	$82.02M	$89.87M	$22.74M	$57.85M
Depreciation & Amortisation	$12.84M	$14.29M	$13.38M	$19.93M	$25.48M	$25.53M
Stock-Based Compensation	$6.81M	$6.68M	$6.89M	$7.24M	$7.01M	$10.02M
Investing Cash Flow	-$21.80M	-$43.02M	$296.75M	-$353.50M	-$112.61M	-$230.16M
Financing Cash Flow	-$79.52M	-$3.71M	$5.36M	$2.71M	-$6.70M	$1.17B
Share Repurchases	-$75.02M	$0.00	$0.00	$0.00	$0.00	-$204.98M
Net Change in Cash	-$9.34M	$11.22M	$385.51M	-$255.79M	-$92.98M	$1.00B

Market Snapshot

About

Onto Innovation Inc. manufactures process control and metrology equipment for the semiconductor industry. The company provides advanced inspection, measurement, and data analytics systems for chip manufacturing.