ONTO (Onto Innovation Inc.) Stock Financials & Earnings | Market Cap Arena

ONTO (Onto Innovation Inc.) Stock Financials & Earnings | Market Cap Arena

ONTOOnto Innovation Inc.

Mkt Cap$10B

Technology·Semiconductors·🇺🇸 United States·NYSE

Revenue (TTM)$1.0B

Net Income (TTM)$137M

EPS (TTM)$2.77

Free Cash Flow (TTM)$300M

Gross Margin49.7%

Op. Margin13.2%

Net Margin13.6%

FCF Margin29.8%

P/S Ratio (TTM)9.9x

P/E Ratio (TTM)72.7x

YoY Rev Growth+1.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$199M	$105M	$29M
Q2 23	$191M	$100M	$25M
Q3 23	$207M	$107M	$34M
Q4 23	$219M	$108M	$28M
Q1 24	$229M	$118M	$43M
Q2 24	$242M	$128M	$49M
Q3 24	$252M	$136M	$53M
Q4 24	$264M	$132M	$42M
Q1 25	$267M	$143M	$63M
Q2 25	$254M	$122M	$32M
Q3 25	$218M	$111M	$24M
Q4 25	$267M	$124M	$14M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	10.3x	49.9x
Q2 23	11.1x	57.3x
Q3 23	11.7x	63.3x
Q4 23	12.2x	82.0x
Q1 24	11.8x	71.5x
Q2 24	11.1x	59.9x
Q3 24	10.5x	54.3x
Q4 24	10.1x	49.3x
Q1 25	9.7x	45.4x
Q2 25	9.6x	49.7x
Q3 25	9.9x	56.8x
Q4 25	9.9x	72.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$50M	$42M
Q2 23	$32M	$27M
Q3 23	$29M	$21M
Q4 23	$62M	$59M
Q1 24	$57M	$50M
Q2 24	$65M	$53M
Q3 24	$67M	$59M
Q4 24	$56M	$51M
Q1 25	$92M	$84M
Q2 25	$58M	$44M
Q3 25	$83M	$82M
Q4 25	$95M	$90M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$8M
Q2 23	$5M
Q3 23	$8M
Q4 23	$2M
Q1 24	$7M
Q2 24	$12M
Q3 24	$8M
Q4 24	$5M
Q1 25	$8M
Q2 25	$14M
Q3 25	$1M
Q4 25	$5M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-17.5%	-6.8%
Q2 23	-25.6%	-16.6%
Q3 23	-18.5%	-11.2%
Q4 23	-13.6%	-0.7%
Q1 24	+14.9%	+9.4%
Q2 24	+27.1%	+16.7%
Q3 24	+21.7%	+15.0%
Q4 24	+20.6%	+16.2%
Q1 25	+16.5%	+9.3%
Q2 25	+4.7%	+14.4%
Q3 25	-13.5%	-2.3%
Q4 25	+1.1%	+14.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$6M	3.1%
Q2 23	$8M	4.1%
Q3 23	$6M	2.9%
Q4 23	$6M	2.6%
Q1 24	$6M	2.8%
Q2 24	$8M	3.4%
Q3 24	$7M	2.8%
Q4 24	$7M	2.6%
Q1 25	$7M	2.6%
Q2 25	$7M	2.6%
Q3 25	$7M	3.2%
Q4 25	$7M	2.7%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$27M	$19M	$16M
Q2 23	$27M	$19M	$16M
Q3 23	$26M	$18M	$15M
Q4 23	$24M	$27M	$15M
Q1 24	$27M	$18M	$18M
Q2 24	$27M	$20M	$19M
Q3 24	$28M	$22M	$19M
Q4 24	$35M	$26M	$19M
Q1 25	$28M	$24M	$20M
Q2 25	$35M	$25M	$15M
Q3 25	$32M	$25M	$17M
Q4 25	$36M	$33M	$18M

Revenue Segments

Quarter	Parts Revenue	Service Revenue	Systems And Software Revenue
Q1 23	$20M	$12M	$167M
Q2 23	$18M	$13M	$159M
Q3 23	$20M	$18M	$169M
Q1 24	$20M	$14M	$195M
Q2 24	$17M	$15M	$210M
Q3 24	$20M	$15M	$217M
Q1 25	$18M	$17M	$231M
Q2 25	$20M	$19M	$215M
Q3 25	$24M	$20M	$174M
Q4 25	$22M	$16M	$228M

Revenue by Geography

Quarter	China	Europe	Japan	Korea, Republic Of	Southeast Asia	Taiwan	United States
Q1 23	$37M	$18M	$15M	$45M	$17M	$27M	$41M
Q2 23	$42M	$7M	$14M	$38M	$26M	$31M	$33M
Q3 23	$30M	$23M	$33M	$39M	$25M	$28M	$30M
Q1 24	$21M	$6M	$13M	$80M	$16M	$71M	$21M
Q2 24	$33M	$17M	$19M	$71M	$24M	$60M	$19M
Q3 24	$32M	$15M	$13M	$77M	$16M	$78M	$22M
Q1 25	$12M	$17M	$8M	$93M	$8M	$103M	$26M
Q2 25	$17M	$13M	$34M	$83M	$14M	$66M	$28M
Q3 25	$27M	$11M	$16M	$45M	$22M	$59M	$38M
Q4 25	$14M	$16M	$37M	$59M	$20M	$91M	$30M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$230M	$353M	$584M
Q2 23	$224M	$385M	$610M
Q3 23	$207M	$423M	$630M
Q4 23	$234M	$464M	$698M
Q1 24	$191M	$550M	$741M
Q2 24	$173M	$613M	$786M
Q3 24	$189M	$667M	$855M
Q4 24	$213M	$639M	$852M
Q1 25	$204M	$647M	$851M
Q2 25	$217M	$677M	$895M
Q3 25	$603M	$381M	$984M
Q4 25	$0	$640M	$640M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	49M	-0.6%
Q2 23	49M	+0.3%
Q3 23	49M	+0.3%
Q4 23	50M	+0.3%
Q1 24	50M	+0.2%
Q2 24	50M	+0.1%
Q3 24	50M	+0.0%
Q4 24	50M	-0.1%
Q1 25	49M	-0.4%
Q2 25	49M	-0.8%
Q3 25	49M	+0.2%
Q4 25	50M	+0.9%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$345K	525
FY 15	$428K	518
FY 16	$438K	532
FY 17	$431K	592
FY 18	$391K	701
FY 19	$473K	647
FY 20	$446K	1K
FY 21	$633K	1K
FY 22	$614K	2K
FY 23	$545K	1K
FY 24	$637K	2K
FY 25	$622K	2K