In fiscal 2024, which ended Jan 3, 2026, Onto Innovation Inc. reported revenue of $1.0 billion. Net income was $136.8 million, a profit margin of 13.6%. Operating income came to $132.9 million, an operating margin of 13.2%. Diluted earnings per share were $2.78. Across the 10 fiscal years shown, revenue grew from $221.1 million in fiscal 2016 to $1.0 billion in fiscal 2024, about 18.3% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2024
Jan 3, 2026
|
FY 2024
Dec 28, 2024
|
FY 2022
Dec 30, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Jan 1, 2022
|
FY 2020
Dec 26, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 29, 2018
|
FY 2017
Dec 30, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
|
1,005
|
987
|
816
+3.4%
|
1,005
+27.4%
|
789
+41.8%
|
556
+81.9%
|
306
-5.7%
|
325
+25.5%
|
259
+17.0%
|
221
+18.0%
|
| Cost of revenue |
—
|
505
|
472
|
396
+9.9%
|
466
+29.5%
|
360
+29.4%
|
278
+62.7%
|
171
+21.7%
|
140
+15.2%
|
122
+13.9%
|
107
+9.5%
|
| Gross profit |
—
|
500
|
515
|
420
-2.1%
|
539
+25.7%
|
429
+54.1%
|
278
+106.2%
|
135
-26.7%
|
184
+34.7%
|
137
+19.8%
|
114
+27.3%
|
| Research and development |
—
|
132
|
114
|
104
+8.7%
|
112
+16.5%
|
96
+13.6%
|
85
+74.9%
|
48
+0.4%
|
48
+31.2%
|
37
+16.8%
|
31
-3.8%
|
| Selling, general and administrative |
—
|
177
|
156
|
141
+12.9%
|
135
+8.0%
|
125
+10.4%
|
113
+39.6%
|
81
+17.2%
|
69
+21.2%
|
57
+6.8%
|
54
+6.1%
|
| Operating income |
—
|
133
|
187
|
116
+174.2%
|
237
+251.3%
|
-156
-486.3%
|
-27
-429.0%
|
-5
-107.6%
|
66
+55.3%
|
43
+47.1%
|
29
+485.1%
|
| Pretax income |
—
|
163
|
220
|
133
+185.2%
|
242
+255.2%
|
-156
-479.4%
|
-27
-4400.5%
|
-1
-100.9%
|
68
+56.0%
|
43
+48.6%
|
29
+423.3%
|
| Income tax |
—
|
26
|
19
|
11
-14.3%
|
18
+36.9%
|
13
+420.7%
|
-4
+77.2%
|
-18
-284.8%
|
10
-24.6%
|
13
+187.9%
|
-15
-659.5%
|
| Net income |
—
|
137
|
202
|
121
-14.9%
|
223
+56.9%
|
142
+358.8%
|
31
-86.1%
|
223
+287.4%
|
58
+90.9%
|
30
-31.4%
|
44
+1415.8%
|
| Basic EPS |
—
|
2.78
|
4.09
|
2.47
-14.5%
|
4.52
+56.4%
|
2.89
+358.7%
|
0.63
+950.0%
|
0.06
-97.5%
|
2.39
+100.8%
|
1.19
-33.5%
|
1.79
+1391.7%
|
| Diluted EPS |
—
|
2.78
|
4.06
|
2.46
-14.0%
|
4.49
+57.0%
|
2.86
+354.0%
|
0.63
+950.0%
|
0.06
-97.4%
|
2.34
+100.0%
|
1.17
-33.1%
|
1.75
+1358.3%
|
| Weighted average shares, basic |
—
|
49
|
49
|
49
-0.6%
|
49
+0.4%
|
49
+0.2%
|
49
+65.3%
|
30
+23.3%
|
24
-4.8%
|
25
+2.8%
|
25
+2.5%
|
| Weighted average shares, diluted |
—
|
49
|
50
|
49
-0.8%
|
50
+0.1%
|
50
+0.5%
|
49
-0.6%
|
50
+102.3%
|
25
-5.1%
|
26
+3.0%
|
25
+3.2%
|
| Other measures | |||||||||||
| Depreciation and amortization |
—
|
13
|
13
|
9
-35.0%
|
9
-35.0%
|
14
+4.4%
|
14
+131.9%
|
6
-8.2%
|
6
-3.0%
|
7
-1.5%
|
7
-1.4%
|
| EBITDA |
—
|
146
|
200
|
125
+188.4%
|
246
+273.3%
|
-142
-1005.3%
|
-13
-1493.2%
|
1
-98.7%
|
73
+47.4%
|
50
+37.9%
|
36
+202.3%
|
| Interest coverage |
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
200.87x
|
465.28x
|
102.09x
|
| Margins | |||||||||||
| Gross margin |
—
|
49.72%
|
52.19%
|
51.51%
|
53.64%
|
54.39%
|
50.04%
|
44.14%
|
56.73%
|
52.86%
|
51.61%
|
| Operating margin |
—
|
13.22%
|
18.95%
|
14.23%
|
23.55%
|
-19.83%
|
-4.79%
|
-1.65%
|
20.49%
|
16.55%
|
13.16%
|
| Pretax margin |
—
|
16.20%
|
22.33%
|
16.25%
|
24.03%
|
-19.73%
|
-4.83%
|
-0.20%
|
20.81%
|
16.74%
|
13.18%
|
| Profit margin |
—
|
13.60%
|
20.43%
|
14.85%
|
22.22%
|
18.04%
|
5.58%
|
73.01%
|
17.76%
|
11.68%
|
19.91%
|
| EBITDA margin |
—
|
14.50%
|
20.25%
|
15.38%
|
24.48%
|
-18.00%
|
-2.31%
|
0.30%
|
22.49%
|
19.14%
|
16.23%
|
| Effective tax rate |
—
|
16.05%
|
8.52%
|
8.62%
|
7.55%
|
—
|
—
|
—
|
14.63%
|
30.25%
|
-51.14%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Measuring & Controlling Devices, NEC (SIC 3829)
- Listed as
- ONTO (NYSE)
- Fiscal year ends
- December 26
- Incorporated in
- DE
- Headquarters
- Wilmington, MA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 704532
- Former names
- NANOMETRICS INC (until Oct 25, 2019)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.