Onto Innovation Inc.
NYSE•ONTO
CEO: Mr. Michael P. Plisinski
Sector: Technology
Industry: Semiconductors
Listing Date: 2019-10-28
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements. In addition, the company provides process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. Further, it engages in systems software, spare parts, and other services, as well as offers software licensing services. The company's products are used in semiconductor and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; analog device; RF filter; data storage; and various industrial and scientific applications. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.
Contact Information
Market Cap
$10.52B
P/E (TTM)
59.9
31.6
Dividend Yield
--
52W High
$227.07
52W Low
$85.88
52W Range
Rank31Top 21.6%
5.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$218.19M-13.49%
4-Quarter Trend
EPS
$0.58-45.79%
4-Quarter Trend
FCF
$82.02M+38.55%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Nine-Month Revenue Growth Nine-month revenue reached $738.4M USD, increasing 2% versus prior period due to higher parts and services sales.
Strong Liquidity Position Cash and marketable securities grew to $983.9M USD, driven by $233.3M USD in operating cash flow.
Gross Margin Pressure Three-month gross margin dropped to 50.7% from 54.1%, primarily due to excess and obsolete inventory write-downs.
Net Income Decline Nine-month net income decreased to $126.2M USD compared to $152.9M USD reported in the prior year.
Risk Factors
Quarterly Revenue Slowdown Quarterly revenue decreased 14% to $218.2M USD, primarily attributable to lower sales to DRAM and NAND customers.
Margin Erosion Factors Gross profit margin fell to 50.7% for the quarter, impacted by significant restructuring and inventory write-down charges.
Acquisition Regulatory Review Semilab acquisition faces DOJ Second Request; final transaction value reduced to approximately $495.0M USD.
Trade Policy Uncertainty Continued assessment required for adverse impacts from U.S. tariffs and evolving global trade policy restrictions.
Outlook
Semilab Acquisition Closing Expecting Semilab USA Transaction completion in 2025, leveraging resources to improve core market position effectively.
Sufficient Capital Resources Existing cash and credit availability expected to meet working capital and capital expenditure needs for next twelve months.
R&D Investment Commitment Commitment maintained to substantial investments in research and development for innovative technology and new product offerings.
Share Repurchase Availability $99.9M USD remains available under the existing authorization for future common stock repurchases as needed.
Peer Comparison
Revenue (TTM)
KD$15.07B
AMKR$6.45B
$2.03B
Gross Margin (Latest Quarter)
87.1%
OLED71.2%
CRUS52.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TSEM | $14.37B | 74.5 | 7.1% | 5.0% |
| AMKR | $12.29B | 39.9 | 7.3% | 24.0% |
| ONTO | $10.52B | 59.9 | 9.0% | 0.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-6.1%
Growth Under Pressure
4Q Net Income CAGR
-16.7%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 5, 2026
EPS:$1.27
|Revenue:$265.78M
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 27, 2025|Filed: Nov 6, 2025|Revenue: $218.19M-13.5%|EPS: $0.58-45.8%MissForm 10-Q - Q2 2025
Period End: Jun 28, 2025|Filed: Aug 7, 2025|Revenue: $253.60M+4.7%|EPS: $0.69-35.5%MissForm 10-Q - Q1 2025
Period End: Mar 29, 2025|Filed: May 8, 2025|Revenue: $266.61M+16.5%|EPS: $1.30+36.8%MissForm 10-K - FY 2024
Period End: Dec 28, 2024|Filed: Feb 25, 2025|Revenue: $987.32M+21.0%|EPS: $4.09+65.6%BeatForm 10-Q - Q3 2024
Period End: Sep 28, 2024|Filed: Oct 31, 2024|Revenue: $252.21M+21.7%|EPS: $1.07+46.6%MissForm 10-Q - Q2 2024
Period End: Jun 29, 2024|Filed: Aug 8, 2024|Revenue: $242.33M+27.1%|EPS: $1.07+101.9%MissForm 10-Q - Q1 2024
Period End: Mar 30, 2024|Filed: May 9, 2024|Revenue: $228.85M+14.9%|EPS: $0.95+58.3%MissForm 10-K - FY 2023
Period End: Dec 30, 2023|Filed: Feb 26, 2024|Revenue: $815.87M-18.8%|EPS: $2.47-45.4%Beat