The financials
Onto Innovation Inc. by the numbers
Onto Innovation Inc. (ONTO) reported revenue of $292M in Q1 2026 (quarter ended March 31, 2026), up 9.5% from the same quarter a year earlier. That came with a gross margin of 50% and net income of $34M (12% of revenue). For the full year FY2025, revenue was $1.01B (+1.8% year on year) and net income $137M. Its largest region in 2026-Q1 was TW at $85M, 29% of the disclosed total, just ahead of KR at 24%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $292M | $267M | +9.5% |
| Gross profit | $146M | $143M | +2.2% |
| Operating income | $34M | $63M | −47% |
| Net income | $34M | $64M | −47% |
| Diluted EPS | $0.67 | $1.30 | −48% |
| Geographic | Revenue | Share |
|---|---|---|
| TW | $85M | 29% |
| KR | $70M | 24% |
| US | $59M | 20% |
| CN | $28M | 9.5% |
| JP | $17M | 5.8% |
| Southeast Asia | $17M | 5.7% |
| Europe | $17M | 5.7% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $291.9M (+34%)
US grew +131% year on yearKR -25% year on year
Segment Latestquarter on quarteryear on year
- TW$85.0M$85.0MQoQ +43%year on year -17%+43%-17%
- KR$69.8M$69.8MQoQ +56%year on year -25%+56%-25%
- US$59.2M$59.2MQoQ +57%year on year +131%+57%+131%
- CN$27.8M$27.8MQoQ +1.5%year on year +128%+1.5%+128%
- JP$16.9M$16.9MQoQ +5.4%year on year +102%+5.4%+102%
- Southeast Asia$16.7M$16.7MQoQ -25%year on year +108%-25%+108%
- Europe$16.6M$16.6MQoQ +56%year on year +0.04%+56%+0.04%
Semiconductor Equipment & Materials
Ranks #14 of 22 by Smart Score