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ONTO INNOVATION INC.

ONTO Clue Score62
United States Fiscal year ends December CIK 0000704532
$294.53 +0.64% Close, 9 Oct 2026
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Price $294.53 +307.26% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue255.1Operating income59.3Net income32.9EPS, diluted1.27Fiscal year 2018Revenue324.5 +27.2%Operating income66.5Net income57.6 +75.2%EPS, diluted2.34Fiscal year 2018Revenue273.8 −15.6%Operating income51.1Net income45.1 −21.8%EPS, diluted1.74Fiscal year 2019Revenue305.9 +11.7%Operating income−5.0Net income223.3 +395.2%EPS, diluted0.06Fiscal year 2020Revenue556.5 +81.9%Operating income−26.7Net income31.0 −86.1%EPS, diluted0.63Fiscal year 2022Revenue788.9 +41.8%Operating income−156.4Net income142.3 +358.8%EPS, diluted2.86Fiscal year 2022Revenue1,005.2 +27.4%Operating income236.7Net income223.3 +56.9%EPS, diluted4.49Fiscal year 2023Revenue815.9 −18.8%Operating income116.1Net income121.2 −45.7%EPS, diluted2.46Fiscal year 2024Revenue987.3 +21.0%Operating income187.1Net income201.7 +66.5%EPS, diluted4.06Fiscal year 2026Revenue1,005.3 +1.8%Operating income132.9Net income136.8 −32.2%EPS, diluted2.78
FY2017FY2018FY2018FY2019FY2020FY2022FY2022FY2023FY2024FY2026
Revenue 255.1 324.5 273.8 305.9 556.5 788.9 1,005.2 815.9 987.3 1,005.3
Growth +27.2% −15.6% +11.7% +81.9% +41.8% +27.4% −18.8% +21.0% +1.8%
Operating income 59.3 66.5 51.1 −5.0 −26.7 −156.4 236.7 116.1 187.1 132.9
Net income 32.9 57.6 45.1 223.3 31.0 142.3 223.3 121.2 201.7 136.8
Growth +75.2% −21.8% +395.2% −86.1% +358.8% +56.9% −45.7% +66.5% −32.2%
EPS, diluted 1.27 2.34 1.74 0.06 0.63 2.86 4.49 2.46 4.06 2.78

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin52.8%Operating margin23.2%Net margin12.9%Free cash flow margin21.2%Fiscal year 2018Gross margin56.7%Operating margin20.5%Net margin17.8%Free cash flow margin29.5%Fiscal year 2018Gross margin54.2%Operating margin18.7%Net margin16.5%Free cash flow margin10.1%Fiscal year 2019Gross margin44.1%Operating margin−1.6%Net margin73.0%Free cash flow margin3.7%Fiscal year 2020Gross margin50.0%Operating margin−4.8%Net margin5.6%Free cash flow margin18.4%Fiscal year 2022Gross margin54.4%Operating margin−19.8%Net margin18.0%Free cash flow margin20.7%Fiscal year 2022Gross margin53.6%Operating margin23.5%Net margin22.2%Free cash flow margin11.8%Fiscal year 2023Gross margin51.5%Operating margin14.2%Net margin14.9%Free cash flow margin18.3%Fiscal year 2024Gross margin52.2%Operating margin19.0%Net margin20.4%Free cash flow margin21.7%Fiscal year 2026Gross margin49.7%Operating margin13.2%Net margin13.6%Free cash flow margin29.8%
FY2017FY2018FY2018FY2019FY2020FY2022FY2022FY2023FY2024FY2026
Gross margin 52.8% 56.7% 54.2% 44.1% 50.0% 54.4% 53.6% 51.5% 52.2% 49.7%
Operating margin 23.2% 20.5% 18.7% −1.6% −4.8% −19.8% 23.5% 14.2% 19.0% 13.2%
Net margin 12.9% 17.8% 16.5% 73.0% 5.6% 18.0% 22.2% 14.9% 20.4% 13.6%
Free cash flow margin 21.2% 29.5% 10.1% 3.7% 18.4% 20.7% 11.8% 18.3% 21.7% 29.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow64.2Capital expenditure−10.2Free cash flow54.0Fiscal year 2018Operating cash flow103.3Capital expenditure−7.5Free cash flow95.9 +77.6%Buybacks−23.0Fiscal year 2018Operating cash flow35.1Capital expenditure−7.5Free cash flow27.6 −71.3%Buybacks−21.1Fiscal year 2019Operating cash flow18.1Capital expenditure−6.8Free cash flow11.3 −58.8%Buybacks−0.7Fiscal year 2020Operating cash flow106.0Capital expenditure−3.8Free cash flow102.2 +800.5%Buybacks−52.0Fiscal year 2022Operating cash flow175.3Capital expenditure−12.0Free cash flow163.2 +59.8%Buybacks0.0Fiscal year 2022Operating cash flow136.7Capital expenditure−18.4Free cash flow118.3 −27.5%Buybacks−65.3Fiscal year 2023Operating cash flow172.0Capital expenditure−22.6Free cash flow149.4 +26.3%Buybacks−3.2Fiscal year 2024Operating cash flow245.7Capital expenditure−31.9Free cash flow213.8 +43.1%Buybacks−25.1Fiscal year 2026Operating cash flow328.3Capital expenditure−28.5Free cash flow299.8 +40.2%Buybacks−75.0
FY2017FY2018FY2018FY2019FY2020FY2022FY2022FY2023FY2024FY2026
Operating cash flow 64.2 103.3 35.1 18.1 106.0 175.3 136.7 172.0 245.7 328.3
Capital expenditure −10.2 −7.5 −7.5 −6.8 −3.8 −12.0 −18.4 −22.6 −31.9 −28.5
Free cash flow 54.0 95.9 27.6 11.3 102.2 163.2 118.3 149.4 213.8 299.8
Growth +77.6% −71.3% −58.8% +800.5% +59.8% −27.5% +26.3% +43.1% +40.2%
Buybacks n/a −23.0 −21.1 −0.7 −52.0 0.0 −65.3 −3.2 −25.1 −75.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash67.8Shareholders’ equity333.2Fiscal year 2018Cash111.0Shareholders’ equity312.9Fiscal year 2018Cash112.4Shareholders’ equity361.9Fiscal year 2019Cash130.7Shareholders’ equity1,264.0Fiscal year 2020Cash136.7Shareholders’ equity1,264.7Fiscal year 2022Cash169.6Shareholders’ equity1,426.1Fiscal year 2022Cash175.9Shareholders’ equity1,596.4Fiscal year 2023Cash233.5Shareholders’ equity1,736.5Fiscal year 2024Cash212.9Shareholders’ equity1,925.9Fiscal year 2026Cash346.1Shareholders’ equity2,100.6
FY2017FY2018FY2018FY2019FY2020FY2022FY2022FY2023FY2024FY2026
Cash 67.8 111.0 112.4 130.7 136.7 169.6 175.9 233.5 212.9 346.1
Shareholders’ equity 333.2 312.9 361.9 1,264.0 1,264.7 1,426.1 1,596.4 1,736.5 1,925.9 2,100.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 30 Dec 2017 FY2017 31 Dec 2017 FY2018 29 Dec 2018 FY2018 31 Dec 2018 FY2019† 31 Dec 2019 FY2020 26 Dec 2020 FY2022 1 Jan 2022 FY2022 31 Dec 2022 FY2023 30 Dec 2023 FY2024 28 Dec 2024 FY2026 3 Jan 2026
Revenue and profit
221.1 258.6 255.1 324.5 273.8 305.9 556.5 788.9 1,005.2 815.9 987.3 1,005.3
Growth +17.0% −1.4% +27.2% −15.6% +11.7% +81.9% +41.8% +27.4% −18.8% +21.0% +1.8%
107.0 121.9 120.5 140.4 125.5 170.9 278.0 359.8 466.0 395.6 472.0 505.5
114.1 136.7 134.6 184.1 148.3 135.0 278.5 429.1 539.2 420.3 515.3 499.8
Growth +19.8% −1.5% +36.8% −19.5% −8.9% +106.2% +54.1% +25.7% −22.1% +22.6% −3.0%
31.4 36.7 37.7 48.2 40.0 48.4 84.6 96.1 112.0 104.4 113.9 132.0
23.4 26.3 27.9 31.8 33.7 53.0 65.3 68.0 69.6 79.6 79.9 107.1
29.1 42.8 59.3 66.5 51.1 −5.0 −26.7 −156.4 236.7 116.1 187.1 132.9
Growth +47.1% +38.5% +12.1% −23.2% −109.9% −51.0% +61.2% −29.0%
29.1 43.3 59.8 67.5 53.3 −0.6 −26.9 −155.7 241.6 132.6 220.4 162.9
−14.9 13.1 26.9 9.9 8.3 −18.3 −4.2 13.3 18.3 11.4 18.8 26.1
44.0 30.2 32.9 57.6 45.1 223.3 31.0 142.3 223.3 121.2 201.7 136.8
Growth −31.4% +9.0% +75.2% −21.8% +395.2% −86.1% +358.8% +56.9% −45.7% +66.5% −32.2%
Per share
1.79 1.19 1.30 2.39 1.77 0.06 0.63 2.89 4.52 2.47 4.09 2.78
1.75 1.17 1.27 2.34 1.74 0.06 0.63 2.86 4.49 2.46 4.06 2.78
Growth −33.1% +8.5% +84.3% −25.6% −96.6% +950.0% +354.0% +57.0% −45.2% +65.0% −31.5%
24.7 25.3 25.3 24.1 25.5 29.7 49.1 49.2 49.4 49.0 49.3 49.1
25.2 25.9 25.9 24.6 25.9 49.8 49.5 49.7 49.8 49.3 49.7 49.3
Growth +3.0% −0.2% −4.9% +5.3% +92.2% −0.6% +0.5% +0.1% −0.9% +0.7% −0.8%

† The diluted share count jumps at 2019, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 12.6% a year over five years.
  • Operating margin is up 18.0 points on five years ago, at 13.2%.
  • Profitable in every one of the 12 years on file.