ONTO INNOVATION INC. financials
Source: EDGAR filings · Built 2026-06-03T02:28:09Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2024 | FY 2024 | FY 2022 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 299.80M | 213.77M | 149.40M | 118.30M | 163.24M | 102.16M |
| EBITDA | 193.37M | 249.41M | 183.29M | 301.38M | -141.97M | 40.90M |
| Working Capital | 1.05B | 1.31B | 1.14B | 974.31M | 793.56M | 611.57M |
| Net Debt | -328.64M | -197.79M | -213.99M | -153.53M | -150.90M | -115.80M |
| Gross Margin | 49.72% | 52.19% | 51.51% | 53.64% | 54.39% | 50.04% |
| Operating Margin | 13.22% | 18.95% | 14.23% | 23.55% | -19.83% | -4.79% |
| Net Margin | 13.60% | 20.43% | 14.85% | 22.22% | 18.04% | 5.58% |
| Return on Equity (ROE) | 6.51% | 10.47% | 6.98% | 13.99% | 9.98% | 2.45% |
| Return on Assets (ROA) | 5.78% | 9.53% | 6.34% | 12.44% | 8.63% | 2.11% |
| Current Ratio | 5.79× | 8.69× | 8.69× | 7.07× | 6.14× | 6.09× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.01× | 0.01× | 0.02× |
| Effective Tax Rate | 16.05% | 8.52% | 8.62% | 7.55% | -8.56% | 15.47% |
| Cash Conversion Ratio | 2.40× | 1.22× | 1.42× | 0.61× | 1.23× | 3.42× |
| Accruals Ratio | -0.08× | -0.02× | -0.03× | 0.05× | -0.02× | -0.05× |
| SBC % of Revenue | 2.75% | 2.89% | 3.13% | 2.43% | 2.48% | 3.17% |
| CapEx Coverage | 11.51× | 7.70× | 7.62× | 7.43× | 14.56× | 27.68× |
| Free Cash Flow Per Share | $6.08 | $4.30 | $3.03 | $2.38 | $3.28 | $2.06 |
Valuation Metrics
| Concept | FY 2024 | FY 2024 | FY 2022 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 59.67× | 42.03× | 62.15× | 15.16× | 35.40× | 76.22× |
| P/FCF | 27.26× | 39.65× | 50.47× | 28.64× | 30.84× | 23.26× |
| FCF Yield | 3.67% | 2.52% | 1.98% | 3.49% | 3.24% | 4.30% |
| EV / EBITDA | 40.93× | 32.90× | 39.78× | 10.49× | — | 54.41× |
| P/S | 8.20× | 8.51× | 9.20× | 3.30× | 6.33× | 4.21× |
| P/B | 3.92× | 4.36× | 4.32× | 2.08× | 3.50× | 1.85× |
Income Statement
| Concept | FY 2024 | FY 2024 | FY 2022 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.01B | 987.32M | 815.87M | 1.01B | 788.90M | 556.50M |
| Cost of Revenue | 505.49M | 472.01M | 395.61M | 465.96M | 359.81M | 278.04M |
| Gross Profit | 499.77M | 515.31M | 420.25M | 539.22M | 429.09M | 278.45M |
| Research and Development Expense | 131.98M | 113.86M | 104.44M | 111.95M | 96.12M | 84.58M |
| Operating Expenses | 366.84M | 328.20M | 304.18M | 302.51M | 272.68M | 251.78M |
| Operating Income (Loss) | 132.93M | 187.10M | 116.08M | 236.71M | -156.41M | -26.68M |
| Income Tax Expense (Benefit) | 26.14M | 18.78M | 11.42M | 18.25M | 13.33M | -4.16M |
| Net Income (Loss) Attributable to Parent | 136.76M | 201.67M | 121.16M | 223.33M | 142.35M | 31.02M |
| Earnings Per Share, Basic | $2.78 | $4.09 | $2.47 | $4.52 | $2.89 | $0.63 |
| Weighted Average Number of Shares Outstanding, Basic | 49.12M | 49.34M | 48.97M | 49.42M | 49.24M | 49.14M |
| Earnings Per Share, Diluted | $2.78 | $4.06 | $2.46 | $4.49 | $2.86 | $0.63 |
| Weighted Average Number of Shares Outstanding, Diluted | 49.27M | 49.66M | 49.32M | 49.76M | 49.73M | 49.48M |
Balance Sheet
| Concept | FY 2024 | FY 2024 | FY 2022 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 346.12M | 212.94M | 233.51M | 175.87M | 169.60M | 136.72M |
| Assets, Current | 1.27B | 1.48B | 1.28B | 1.13B | 948.09M | 731.66M |
| Assets | 2.37B | 2.12B | 1.91B | 1.79B | 1.65B | 1.47B |
| Liabilities, Current | 218.95M | 170.09M | 147.73M | 160.56M | 154.53M | 120.09M |
| Liabilities | 267.09M | 191.21M | 173.18M | 198.44M | 223.76M | 203.43M |
| Stockholders' Equity Attributable to Parent | 2.10B | 1.93B | 1.74B | 1.60B | 1.43B | 1.26B |
| Common Stock, Shares, Outstanding | 49.70M | 49.24M | 49.09M | 48.68M | 49.30M | 48.76M |
Cash Flow Statement
| Concept | FY 2024 | FY 2024 | FY 2022 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 328.31M | 245.68M | 171.97M | 136.70M | 175.28M | 105.98M |
| Payments to Acquire Property, Plant, and Equipment | 28.51M | 31.90M | 22.57M | 18.41M | 12.04M | 3.83M |
| Net Cash Provided by (Used in) Investing Activities | -121.57M | -226.55M | -103.39M | -55.69M | -141.79M | 48.60M |
| Payments for Repurchase of Common Stock | 75.02M | 25.07M | 3.20M | 65.26M | 0 | 52.00M |
| Net Cash Provided by (Used in) Financing Activities | -75.15M | -35.67M | -9.47M | -68.35M | 2.67M | -53.70M |
Derived Metrics
| Concept | Q1 2026 | Q4 2024 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 22.74M | 89.87M | — | 209.94M | 127.92M | 83.75M |
| EBITDA | 59.00M | 33.79M | — | 37.13M | — | 75.97M |
| Working Capital | 1.11B | 1.05B | — | 1.38B | 1.34B | 1.29B |
| Net Debt | — | -328.64M | — | -589.02M | -204.06M | -189.11M |
| Gross Margin | 50.14% | 46.39% | — | 50.70% | 48.16% | 53.72% |
| Operating Margin | 11.48% | 5.19% | — | 10.86% | 12.72% | 23.68% |
| Net Margin | 11.56% | 3.95% | — | 12.94% | 13.37% | 24.04% |
| Return on Equity (ROE) | 1.58% | 0.50% | — | 1.41% | 1.73% | 3.34% |
| Return on Assets (ROA) | 1.41% | 0.44% | — | 1.29% | 1.58% | 3.03% |
| Current Ratio | 6.15× | 5.79× | — | 9.49× | 9.59× | 8.42× |
| Debt-to-Equity | — | 0.01× | — | 0.01× | 0.01× | 0.01× |
| Effective Tax Rate | 11.31% | 46.07% | — | 11.74% | 14.67% | 10.55% |
| Cash Conversion Ratio | 0.78× | 9.02× | — | 8.27× | 4.42× | 1.44× |
| Accruals Ratio | 0.00× | -0.04× | — | -0.09× | -0.05× | -0.01× |
| SBC % of Revenue | 2.40% | 2.71% | — | 9.34% | 5.32% | 2.56% |
| CapEx Coverage | 7.34× | 18.52× | — | 9.98× | 6.81× | 11.17× |
| Free Cash Flow Per Share | $0.45 | $1.82 | — | $4.28 | $2.60 | $1.70 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2024 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 36.04× | 24.48× | 27.62× |
| P/S | — | — | — | 6.24× | 4.68× | 5.82× |
| P/B | 4.78× | 3.92× | — | 3.12× | 2.47× | 3.11× |
Income Statement
| Concept | Q1 2026 | Q4 2024 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 291.95M | 266.87M | — | 218.19M | 253.60M | 266.61M |
| Revenues | 291.95M | — | — | 218.19M | 253.60M | 266.61M |
| Cost of Revenue | 145.56M | 143.07M | — | 107.57M | 131.47M | 123.37M |
| Gross Profit | 146.39M | 123.79M | — | 110.62M | 122.12M | 143.23M |
| Research and Development Expense | 35.10M | 36.16M | — | 32.49M | 35.29M | 28.03M |
| Operating Expenses | 112.88M | 109.93M | — | 86.94M | 89.88M | 80.10M |
| Operating Income (Loss) | 33.51M | 13.86M | — | 23.69M | 32.25M | 63.13M |
| Income Tax Expense (Benefit) | 4.30M | 9.00M | — | 3.75M | 5.83M | 7.56M |
| Net Income (Loss) Attributable to Parent | 33.75M | 10.53M | — | 28.22M | 33.91M | 64.09M |
| Earnings Per Share, Basic | $0.68 | $0.21 | — | $0.58 | $0.69 | $1.30 |
| Weighted Average Number of Shares Outstanding, Basic | 49.74M | 49.12M | — | 49.02M | 48.92M | 49.18M |
| Earnings Per Share, Diluted | $0.67 | $0.21 | — | $0.57 | $0.69 | $1.30 |
| Weighted Average Number of Shares Outstanding, Diluted | 50.00M | 49.27M | — | 49.11M | 49.11M | 49.41M |
Balance Sheet
| Concept | Q1 2026 | Q4 2024 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 252.25M | 346.12M | — | 603.09M | 217.47M | 203.73M |
| Assets, Current | 1.32B | 1.27B | — | 1.54B | 1.49B | 1.47B |
| Assets | 2.40B | 2.37B | — | 2.19B | 2.14B | 2.12B |
| Liabilities, Current | 214.45M | 218.95M | — | 162.87M | 155.78M | 174.48M |
| Liabilities | 264.18M | 267.09M | — | 184.54M | 177.00M | 195.43M |
| Stockholders' Equity Attributable to Parent | 2.13B | 2.10B | — | 2.00B | 1.96B | 1.92B |
| Common Stock, Shares, Outstanding | 49.74M | 49.70M | — | — | — | — |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2024 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 26.32M | 95.00M | — | 233.32M | 149.92M | 91.98M |
| Payments to Acquire Property, Plant, and Equipment | 3.58M | 5.13M | — | 23.38M | 22.00M | 8.23M |
| Net Cash Provided by (Used in) Investing Activities | -112.61M | -353.50M | — | 231.93M | -64.82M | -21.80M |
| Payments for Repurchase of Common Stock | 0 | 0 | — | 75.02M | 75.02M | 75.02M |
| Net Cash Provided by (Used in) Financing Activities | -6.70M | 2.71M | — | -77.86M | -83.23M | -79.52M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ONTO CIK 0000704532),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.