The financials
Onto Innovation Inc. by the numbers
Onto Innovation Inc. (ONTO) reported revenue of $292M in Q1 2026 (quarter ended Mar 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 Jun 2026 was Taiwan at $106M, 31% of the disclosed total, just ahead of South Korea at 29%.
| 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 |
|---|---|---|
| Taiwan | $106M | 31% |
| South Korea | $101M | 29% |
| United States | $84M | 25% |
| Europe | $16M | 4.8% |
| China | $15M | 4.3% |
| Southeast Asia | $11M | 3.3% |
| Japan | $9.5M | 2.8% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Jun 2026Total $343.1M (+18%)
United States grew +206% year on yearJapan -72% year on year
Segment Latestquarter on quarteryear on year
- Taiwan$106.4M$106.4MQoQ +25%year on year +62%+25%+62%
- South Korea$100.6M$100.6MQoQ +44%year on year +22%+44%+22%
- United States$84.4M$84.4MQoQ +42%year on year +206%+42%+206%
- Europe$16.3M$16.3MQoQ -1.5%year on year +27%-1.5%+27%
- China$14.7M$14.7MQoQ -47%year on year -15%-47%-15%
- Southeast Asia$11.3M$11.3MQoQ -33%year on year -19%-33%-19%
- Japan$9.5M$9.5MQoQ -44%year on year -72%-44%-72%
Semiconductor Equipment & Materials
Ranks #13 of 18 by Smart Score