Onto Innovation Inc. logo

Onto Innovation Inc.

ONTO

NYSETechnologySemiconductors

Previous close

$293.33

−$5.51 · -1.84%

Aug 21, 4:00 PM ET

ONTO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

7

Overpriced

Momentum

58

Neutral

Sentiment

68

Bullish

Risk resilience

48

Elevated Risk

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Company profile

Company website

Onto Innovation Inc. is a global leader in designing, manufacturing, and supporting cutting-edge process control solutions. The company's diverse portfolio encompasses tools for macro defect inspection, 2D/3D optical metrology, and lithography systems, alongside sophisticated analytical software for process control. These offerings are crucial for optimizing manufacturing processes, enhancing yield, and facilitating device packaging and testing in various industries worldwide. Their solutions are delivered both as standalone systems for specialized functions—such as detecting large flaws, performing packaging lithography, evaluating probe cards, and measuring transparent and opaque thin films—and through an extensive suite of process control software. This software scales from individual tool management to enterprise-wide factory integration. Beyond hardware and software, Onto Innovation also provides essential spare parts and software licensing services. Their technology is vital to a broad spectrum of clients, including manufacturers of semiconductors, advanced packaging, silicon wafers, LEDs, VCSELs, MEMS, CMOS image sensors, power devices, RF filters, and data storage products, as well as those in various industrial and scientific fields. Originally established in 1940 as Rudolph Technologies, Inc., Onto Innovation Inc. maintains its headquarters in Wilmington, Massachusetts.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Michael Plisinski
Listed since
Oct 28, 2019
Employees
1,867

Market position

Day range

Current $293.33

52-week range

Current $293.33

Open
$303.77
Previous close
$298.84
Volume
803.29K
0.65× average
Average volume
1.24M
Average daily volume
Market cap
14.59B USD
Beta
1.59
Market reference 1
50-day average
$304.65
-3.71% below average
200-day average
$234.05
+25.33% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.82B USD
P/E (TTM)
109.45×
P/B (TTM)
7.54×
P/S (TTM)
13.03×
EV / EBITDA
35.01×
Earnings yield
1.68%
Free cash flow yield
3.68%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
50.36%
Operating margin
12.48%
Net margin
11.84%
Return on equity
6.51%
Return on assets
5.78%
Return on invested capital
5.18%

Financial health

Debt / equity
0.77×
Current ratio
5.79×
Altman Z-score
6.46
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends59%42%26%9%Gross margin, FY2021: 54.39%Gross margin, FY2022: 53.64%Gross margin, FY2023: 51.51%Gross margin, FY2024: 52.19%Gross margin, FY2025: 49.72%Operating margin, FY2021: 19.83%Operating margin, FY2022: 23.55%Operating margin, FY2023: 14.23%Operating margin, FY2024: 18.95%Operating margin, FY2025: 13.22%Net margin, FY2021: 18.04%Net margin, FY2022: 22.22%Net margin, FY2023: 14.85%Net margin, FY2024: 20.43%Net margin, FY2025: 13.60%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.39%. Gross margin FY2022 53.64%. Gross margin FY2023 51.51%. Gross margin FY2024 52.19%. Gross margin FY2025 49.72%. Operating margin FY2021 19.83%. Operating margin FY2022 23.55%. Operating margin FY2023 14.23%. Operating margin FY2024 18.95%. Operating margin FY2025 13.22%. Net margin FY2021 18.04%. Net margin FY2022 22.22%. Net margin FY2023 14.85%. Net margin FY2024 20.43%. Net margin FY2025 13.60%.

Income trends

Revenue

1.01B USD+1.82%

Operating income

132.93M USD-28.96%

Net income

136.76M USD-32.19%
Income trends across reported periods1.09B USD738.51M USD382.83M USD27.16M USDRevenue, FY2021: 788.9M USDRevenue, FY2022: 1.01B USDRevenue, FY2023: 815.87M USDRevenue, FY2024: 987.32M USDRevenue, FY2025: 1.01B USDOperating income, FY2021: 156.41M USDOperating income, FY2022: 236.71M USDOperating income, FY2023: 116.08M USDOperating income, FY2024: 187.1M USDOperating income, FY2025: 132.93M USDNet income, FY2021: 142.35M USDNet income, FY2022: 223.33M USDNet income, FY2023: 121.16M USDNet income, FY2024: 201.67M USDNet income, FY2025: 136.76M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 788.9M USD. Revenue FY2022 1.01B USD. Revenue FY2023 815.87M USD. Revenue FY2024 987.32M USD. Revenue FY2025 1.01B USD. Operating income FY2021 156.41M USD. Operating income FY2022 236.71M USD. Operating income FY2023 116.08M USD. Operating income FY2024 187.1M USD. Operating income FY2025 132.93M USD. Net income FY2021 142.35M USD. Net income FY2022 223.33M USD. Net income FY2023 121.16M USD. Net income FY2024 201.67M USD. Net income FY2025 136.76M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.01B USD987.32M USD815.87M USD1.01B USD788.9M USD
Cost of goods sold505.49M USD472.01M USD395.61M USD465.96M USD359.81M USD
Gross profit499.77M USD515.31M USD420.25M USD539.22M USD429.09M USD
Research and development131.98M USD116.77M USD104.44M USD111.95M USD96.12M USD
Selling, general, and administrative177.03M USD162M USD144.91M USD135.27M USD125.2M USD
Operating expenses366.84M USD328.21M USD304.18M USD302.51M USD272.68M USD
Interest income34.97M USD33.49M USD20.36M USD5.01M USD1.16M USD
Depreciation and amortization60.44M USD62.31M USD67.21M USD64.66M USD65.8M USD
Operating income132.93M USD187.1M USD116.08M USD236.71M USD156.41M USD
Net income136.76M USD201.67M USD121.16M USD223.33M USD142.35M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+4.69%
11 comparable reports
Latest EPS result
1.93
Estimate 1.69 · Beat by 14.20%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.411.871.330.78Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 1.51, estimate 1.41, surprise +7.09%, Beat. Q2 2025, reported May 8, 2025: actual 1.51, estimate 1.47, surprise +2.72%, Beat. Q3 2025, reported Aug 7, 2025: actual 1.25, estimate 1.27, surprise -1.57%, Miss. Q4 2025, reported Nov 6, 2025: actual 0.92, estimate 0.894, surprise +2.91%, Beat. Q1 2026, reported Feb 19, 2026: actual 1.26, estimate 1.28, surprise -1.56%, Miss. Q2 2026, reported May 5, 2026: actual 1.42, estimate 1.42, surprise 0.00%, Met estimate. Q3 2026, reported Aug 6, 2026: actual 1.93, estimate 1.69, surprise +14.20%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 2.3, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates407.27M339.02M270.78M202.53MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 263.94M USD, estimate 267.41M USD, surprise -1.30%, Miss. Q2 2025, reported May 8, 2025: actual 266.61M USD, estimate 268.5M USD, surprise -0.71%, Miss. Q3 2025, reported Aug 7, 2025: actual 253.6M USD, estimate 221.54M USD, surprise +14.47%, Beat. Q4 2025, reported Nov 6, 2025: actual 218.19M USD, estimate 220.23M USD, surprise -0.92%, Miss. Q1 2026, reported Feb 19, 2026: actual 266.87M USD, estimate 267.31M USD, surprise -0.17%, Miss. Q2 2026, reported May 5, 2026: actual 291.95M USD, estimate 292M USD, surprise -0.02%, Miss. Q3 2026, reported Aug 6, 2026: actual 343.13M USD, estimate 325.29M USD, surprise +5.48%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 391.6M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$388.11

32.31% upside
Past 12 months12-month forecastHigh $450Average $388.11Low $350

Rating distribution

11 ratings
Strong buy00%
Buy11100%
Hold00%
Sell00%
Strong sell00%

Recent analyst actions

8 institutions

ONTO news

ONTO peers

ETFs holding ONTO

Funds reporting this stock among their holdings, ordered by reported position size.

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