Company research
ONTO INNOVATION INC.
CIK 704532Updated Sep 24, 2026
SecurityONTO · NYSE · equity
Name history
NANOMETRICS INC · through Oct 25, 2019
ONTO price & chart
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NYSE:ONTO on TradingView ↗About the company
Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging.
In the news
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Recent filings
144 filing
Completion of Acquisition or Disposition of Assets · Regulation FD Disclosure
Items 2.01, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
SD filing
Show 5 more recent filings
4 filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Other Events
Items 1.01, 2.03, 3.02, 8.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07, 9.01
4 filing
4 filing
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,117,091,000Source | 1,909,712,000Source | 1,794,863,000Source | 1,468,172,000Source |
| Property, Plant and Equipment, NetUSD | 123,868,000Source | 103,611,000Source | 91,980,000Source | 87,950,000Source |
| GoodwillUSD | 329,980,000Source | 315,811,000Source | 315,811,000Source | 306,632,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 127,457,000Source | 167,375,000Source | 222,197,000Source | 318,357,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 212,945,000Source | 233,508,000Source | 175,872,000Source | 136,720,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 308,142,000Source | 226,556,000Source | 241,395,000Source | 149,251,000Source |
| Inventory, NetUSD | 286,979,000Source | 327,773,000Source | 324,282,000Source | 191,217,000Source |
| Assets, CurrentUSD | 1,477,522,000Source | 1,283,267,000Source | 1,134,872,000Source | 731,661,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 30,073,000Source | 31,127,000Source | 21,411,000Source | 17,471,000Source |
| Operating Lease, Right-of-Use AssetUSD | 13,939,000Source | 18,360,000Source | 20,746,000Source | 19,669,000Source |
| Other Assets, NoncurrentUSD | 15,453,000Source | 20,812,000Source | 25,225,000Source | 21,337,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 191,209,000Source | 173,177,000Source | 198,437,000Source | 203,426,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 49,000Source | 49,000Source | 49,000Source | 49,000Source |
| Retained Earnings (Accumulated Deficit)USD | 664,550,000Source | 482,356,000Source | 362,756,000Source | 26,162,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -13,863,000Source | -7,899,000Source | -10,010,000Source | 4,568,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,925,882,000Source | 1,736,535,000Source | 1,596,426,000Source | 1,264,746,000Source |
| Additional Paid in Capital, Common StockUSD | 1,275,146,000Source | 1,262,029,000Source | 1,243,631,000Source | 1,233,967,000Source |
| Liabilities and EquityUSD | 2,117,091,000Source | 1,909,712,000Source | 1,794,863,000Source | 1,468,172,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 170,089,000Source | 147,726,000Source | 160,558,000Source | 120,091,000Source |
| Operating Lease, Liability, CurrentUSD | 5,416,000Source | 5,494,000Source | 5,678,000Source | 4,470,000Source |
| Accounts Payable, CurrentUSD | 56,261,000Source | 49,869,000Source | 54,526,000Source | 40,183,000Source |
| Operating Lease, Liability, NoncurrentUSD | 9,743,000Source | 14,027,000Source | 16,345,000Source | 16,455,000Source |
| Deferred Income Tax Liabilities, NetUSD | 4,000Source | 0Source | 7,366,000Source | 55,623,000Source |
| Other Liabilities, NoncurrentUSD | 21,116,000Source | 25,451,000Source | 30,513,000Source | 27,712,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 49,974,000Source | 42,062,000Source | 48,836,000Source | 37,075,000Source |
| Deferred Tax Liabilities, NetUSD | 42,807,000Source | 18,836,000Source | 2,588,000Source | 53,388,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 201,670,000Source | 121,159,000Source | 223,334,000Source | 31,025,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 28,577,000Source | 25,513,000Source | 24,426,000Source | 17,662,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 83,685,000Source | -12,151,000Source | 65,140,000Source | 25,816,000Source |
| Increase (Decrease) in InventoriesUSD | -19,943,000Source | 16,462,000Source | 93,905,000Source | 42,409,000Source |
| Increase (Decrease) in Accounts PayableUSD | 6,225,000Source | -4,681,000Source | 1,181,000Source | 11,403,000Source |
| Deferred Income Tax Expense (Benefit)USD | -26,476,000Source | -22,429,000Source | -33,601,000Source | -11,631,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 245,676,000Source | 171,973,000Source | 136,703,000Source | 105,984,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 26,761,000Source | 0Source | 4,644,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -226,547,000Source | -103,387,000Source | -55,691,000Source | -48,599,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 31,903,000Source | 22,573,000Source | 18,405,000Source | 3,829,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 19,045,000Source | 10,762,000Source | 8,874,000Source | 4,052,000Source |
| Payments for Repurchase of Common StockUSD | 25,069,000Source | 3,197,000Source | 65,257,000Source | 52,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -35,673,000Source | -9,475,000Source | -68,350,000Source | -53,702,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -20,563,000Source | 57,635,000Source | 6,270,000Source | 6,047,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 212,945,000Source | 233,508,000Source | 175,872,000Source | 136,720,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 35,505,000Source | 34,104,000Source | 58,687,000Source | 6,415,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 28,577,000Source | 25,513,000Source | 24,426,000Source | 17,662,000Source |
| Amortization of Intangible AssetsUSD | 49,437,000Source | 54,822,000Source | 55,284,000Source | 53,746,000Source |
| DepreciationUSD | 12,872,000Source | 12,390,000Source | 9,378,000Source | 13,832,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -1,100,000Source | 300,000Source | 3,487,000Source | 510,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -276,000Source | -4,091,000Source | 73,000Source | -3,070,000Source |
| General and Administrative ExpenseUSD | 79,855,000Source | 79,575,000Source | 69,582,000Source | 65,310,000Source |
| GoodwillUSD | 329,980,000Source | 315,811,000Source | 315,811,000Source | 306,632,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 18,777,000Source | 11,423,000Source | 18,250,000Source | -4,157,000Source |
| Insured Event, Gain (Loss)USD | — | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | 201,670,000Source | 121,159,000Source | 223,334,000Source | 31,025,000Source |
| Operating ExpensesUSD | 328,205,000Source | 304,176,000Source | 302,507,000Source | 251,776,000Source |
| Other Nonoperating Income (Expense)USD | -145,000Source | -3,852,000Source | -141,000Source | -2,708,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 987,321,000Source | 815,868,000Source | 1,005,183,000Source | 556,496,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 187,103,000Source | 116,078,000Source | 236,714,000Source | 26,677,000Source |
| Other Nonoperating Income (Expense)USD | -145,000Source | -3,852,000Source | -141,000Source | -2,708,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 220,447,000Source | 132,582,000Source | 241,584,000Source | 26,868,000Source |
| Income Tax Expense (Benefit)USD | 18,777,000Source | 11,423,000Source | 18,250,000Source | -4,157,000Source |
| Net Income (Loss) Attributable to ParentUSD | 201,670,000Source | 121,159,000Source | 223,334,000Source | 31,025,000Source |
| Earnings Per Share, BasicUSD per share | 4.09Source | 2.47Source | 4.52Source | 0.63Source |
| Earnings Per Share, DilutedUSD per share | 4.06Source | 2.46Source | 4.49Source | 0.63Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 49,343,000Source | 48,971,000Source | 49,424,000Source | 49,136,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 49,660,000Source | 49,318,000Source | 49,764,000Source | 49,475,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 49,437,000Source | 54,822,000Source | 55,284,000Source | 53,746,000Source |
| Current Income Tax Expense (Benefit)USD | 45,253,000Source | 33,852,000Source | 51,851,000Source | 7,474,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -276,000Source | -4,091,000Source | 73,000Source | -3,070,000Source |
| General and Administrative ExpenseUSD | 79,855,000Source | 79,575,000Source | 69,582,000Source | 65,310,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 515,308,000Source | 420,254,000Source | 539,221,000Source | 278,453,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 207,747,000Source | 107,640,000Source | 239,527,000Source | -120,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 33,489,000Source | 20,356,000Source | 5,011,000Source | 2,899,000Source |
| Operating ExpensesUSD | 328,205,000Source | 304,176,000Source | 302,507,000Source | 251,776,000Source |
| Research and Development ExpenseUSD | 113,860,000Source | 104,442,000Source | 111,953,000Source | 84,584,000Source |
| Selling and Marketing ExpenseUSD | 76,044,000Source | 61,765,000Source | 65,688,000Source | 48,136,000Source |
Filing attachments
d125405dex991.htm · 8-K · 2026-08-10
EX-99.1 2 d125405dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Onto Innovation Completes Strategic Investment in Rigaku Holdings Corporation Investment deepens strategic collaboration to advance next-generation X-ray-based process control solutions for semiconductor manufacturing Wilmington, Mass., August 10, 2026 - Onto Innovation Inc. (NYSE: ONTO) today announced the successful closing of its previously announced acquisition of a 27% minority equity stake in Rigaku Holdings Corporation (“R…
Read attachment ↗onto-ex99_1.htm · 8-K · 2026-08-06
EX-99.1 2 onto-ex99_1.htm EX-99.1 EX-99.1 Onto Innovation Reports 2026 Second Quarter Results Wilmington, Mass., August 6, 2026 - Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the second quarter of 2026. Second Quarter Business and Financial Highlights: • Record quarterly revenue of $343 million, up nearly 18% sequentially, with revenue, gross margin, operating margin and earnings per share all exceeding the high end…
Read attachment ↗d17904dex41.htm · 8-K · 2026-05-21
EX-4.1 2 d17904dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Execution Version ONTO INNOVATION INC. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee INDENTURE Dated as of May 21, 2026 0.00% Convertible Senior Notes due 2031 TABLE OF CONTENTS Page Article 1. Definitions; Rules o…
Read attachment ↗d17904dex991.htm · 8-K · 2026-05-21
EX-99.1 4 d17904dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Onto Innovation Announces Pricing of Upsized Private Offering of $1.3 Billion of 0.00% Convertible Senior Notes Due 2031 Wilmington, Mass., May 18, 2026 - Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation” or the “Company”) today announced the pricing of its private offering of $1,300,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “Notes”) to persons reasonably believed to be qualified instituti…
Read attachment ↗d147805dex991.htm · 8-K · 2026-05-18
EX-99.1 2 d147805dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Onto Innovation Announces Proposed Private Offering of $1.1 Billion of Convertible Senior Notes Due 2031 Wilmington, Mass., May 18, 2026 - Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation” or the “Company”) today announced that it intends to offer, subject to market and other conditions, $1,100,000,000 aggregate principal amount of Convertible Senior Notes due 2031 (the “Notes”), to be sold only to persons reasonably believed to…
Read attachment ↗onto-ex99_1.htm · 8-K · 2026-05-05
EX-99.1 2 onto-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Onto Innovation Reports 2026 First Quarter Results Wilmington, Mass., May 5, 2026 - Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the first quarter of 2026. First Quarter Business and Financial Highlights: • Record quarterly revenue of $292 million, representing nearly 10% sequential growth from the fourth quarter of 2025. • Dragonfly® G5 system qualified at a …
Read attachment ↗