ONTO Q2 2024 Earnings — Onto Innovation Inc. Revenue & Financial Results | Market Cap Arena

ONTOOnto Innovation Inc.

$10B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$242M+27.1% YoY

Gross Profit

$128M52.9% margin

Operating Income

$49M20.2% margin

Net Income

$53M21.9% margin

EPS (Diluted)

$1.07

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$53M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$174M

Stockholders' Equity

$1.8B

Cash & Equivalents

$173M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$242M	$191M	+27.1%
Gross Profit	$128M	$100M	+27.6%
Operating Income	$49M	$25M	+96.9%
Net Income	$53M	$26M	+104.5%

Revenue Segments

Systems And Software Revenue

$210M87%

Parts Revenue

$17M7%

Service Revenue

$15M6%

Geographic Segments

KOREA, REPUBLIC OF

$71M29%

TAIWAN

$60M25%

CHINA

$33M14%

Southeast Asia

$24M10%

JAPAN

$19M8%

UNITED STATES

$19M8%

Europe

$17M7%