Onto Innovation Financial Statements
NYSE: ONTOIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Onto Innovation revenue and earnings
In fiscal 2026, Onto Innovation generated $1.01 billion in revenue, up 1.8% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $136.8 million (-32.2% year over year), for a net margin of 13.6% versus a median of 18.0% in the prior 5 years. Gross margin was 49.7% (down from 52.2%) and operating margin 13.2%.
Diluted earnings per share came in at $2.78, down from $4.06. Over the last 5 fiscal years, ONTO's revenue has grown at a 12.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Onto Innovation income statement (annual)
| Fiscal year (USD) | FY 20262026-01-03 | FY 20242024-12-28 | FY 20222023-12-30 | FY 20222022-12-31 | FY 20212022-01-01 | FY 20202020-12-26 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20182018-12-29 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.01B | 987.32M | 815.87M | 1.01B | 788.90M | 556.50M | 305.90M | 273.78M | 324.52M | 255.10M |
| Revenue growth (YoY) | +1.82% | +21.01% | -18.83% | +27.42% | +41.76% | +81.92% | +11.73% | -15.63% | +27.22% | -1.36% |
| Cost of Revenue | 505.49M | 472.01M | 395.61M | 465.96M | 359.81M | 278.04M | 170.87M | 125.50M | 140.43M | 120.50M |
| Gross Profit | 499.77M | 515.31M | 420.25M | 539.22M | 429.09M | 278.45M | 135.03M | 148.28M | 184.09M | 134.59M |
| Operating Expenses | 366.84M | 328.20M | 304.18M | 302.51M | 272.68M | 251.78M | 140.07M | 97.19M | 117.61M | 75.31M |
| Research & Development | 131.98M | 113.86M | 104.44M | 111.95M | 96.12M | 84.58M | 48.36M | 39.95M | 48.19M | 37.69M |
| Selling, General & Admin | 177.03M | 155.90M | 141.34M | 135.27M | 125.19M | 113.45M | 81.27M | 55.71M | 69.32M | 48.67M |
| Operating Income | 132.93M | 187.10M | 116.08M | 236.71M | -156.41M | -26.68M | -5.04M | 51.08M | 66.49M | 59.29M |
| Interest Expense | — | — | — | — | — | — | — | — | 331.00K | — |
| Other Income (Expense) | -5.00M | -145.00K | -3.85M | -141.00K | -1.89M | -2.71M | 780.00K | 56.00K | 1.04M | -457.00K |
| Pretax Income | 162.90M | 220.45M | 132.58M | 241.58M | -155.68M | -26.87M | -597.00K | 53.35M | 67.52M | 59.80M |
| Income Tax | 26.14M | 18.78M | 11.42M | 18.25M | 13.33M | -4.16M | -18.25M | 8.25M | 9.88M | 26.89M |
| Net Income | 136.76M | 201.67M | 121.16M | 223.33M | 142.35M | 31.02M | 223.33M | 45.10M | 57.65M | 32.91M |
| Net Income growth (YoY) | -32.19% | +66.45% | -45.75% | +56.89% | +358.82% | -86.11% | +395.24% | -21.77% | +75.17% | +8.96% |
| EPS (Basic) | 2.78 | 4.09 | 2.47 | 4.52 | 2.89 | 0.63 | 0.06 | 1.77 | 2.39 | 1.30 |
| EPS (Diluted) | 2.78 | 4.06 | 2.46 | 4.49 | 2.86 | 0.63 | 0.06 | 1.74 | 2.34 | 1.27 |
| Shares Outstanding (Basic) | 49.12M | 49.34M | 48.97M | 49.42M | 49.24M | 49.14M | 29.73M | 25.47M | 24.12M | 25.32M |
| Shares Outstanding (Diluted) | 49.27M | 49.66M | 49.32M | 49.76M | 49.73M | 49.48M | 49.76M | 25.89M | 24.60M | 25.86M |
| EBITDA | 153.96M | 199.97M | 128.47M | 246.09M | -141.97M | -12.85M | 922.00K | 55.93M | 73.33M | 63.28M |
| Gross Margin | 49.72% | 52.19% | 51.51% | 53.64% | 54.39% | 50.04% | 44.14% | 54.16% | 56.73% | 52.76% |
| Operating Margin | 13.22% | 18.95% | 14.23% | 23.55% | -19.83% | -4.79% | -1.65% | 18.66% | 20.49% | 23.24% |
| Net Margin | 13.60% | 20.43% | 14.85% | 22.22% | 18.04% | 5.58% | 73.01% | 16.47% | 17.76% | 12.90% |
This table shows 10 annual periods of Onto Innovation's income statement, from FY 2026 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ONTO's reporting calendar. What is a income statement?