Onto Innovation Inc. (ONTO)

Onto Innovation Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 28, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Dec 26, 2020
Revenue	1,036	987.32	815.87	1,005	788.9	556.5
Revenue Growth (YoY)	15.51%	21.02%	-18.83%	27.42%	41.76%	81.92%
Cost of Revenue	483.88	472.01	395.61	465.96	359.42	267.37
Gross Profit	552.48	515.31	420.25	539.22	429.48	289.13
Selling, General & Admin	170.17	162	144.91	135.27	125.2	113.45
Research & Development	126.49	116.77	104.44	111.95	96.12	84.58
Operating Expenses	343.23	328.21	304.18	302.51	272.68	251.78
Operating Income	209.25	187.1	116.08	236.71	156.8	37.36
Interest & Investment Income	35.53	33.49	20.36	5.01	1.16	2.9
Currency Exchange Gain (Loss)	-2.78	-0.28	-4.09	-0.07	-2.02	-3.07
Other Non Operating Income (Expenses)	0.02	0.13	0.24	-0.07	0.13	0.36
EBT Excluding Unusual Items	242.02	220.45	132.58	241.58	156.08	37.55
Merger & Restructuring Charges	-18.34	-	-	-	-0.39	-10.68
Pretax Income	223.68	220.45	132.58	241.58	155.68	26.87
Income Tax Expense	23.81	18.78	11.42	18.25	13.33	-4.16
Net Income	199.87	201.67	121.16	223.33	142.35	31.03
Net Income to Common	199.87	201.67	121.16	223.33	142.35	31.03
Net Income Growth	20.41%	66.45%	-45.75%	56.89%	358.82%	1524.35%
Shares Outstanding (Basic)	49	49	49	49	49	49
Shares Outstanding (Diluted)	49	50	49	50	50	49
Shares Change (YoY)	-0.24%	0.69%	-0.90%	0.07%	0.51%	64.88%
EPS (Basic)	4.06	4.09	2.47	4.52	2.89	0.63
EPS (Diluted)	4.04	4.06	2.46	4.49	2.86	0.63
EPS Growth	20.58%	65.04%	-45.21%	56.99%	353.97%	950.00%
Free Cash Flow	238.49	213.77	149.4	118.3	163.24	102.16
Free Cash Flow Per Share	4.82	4.30	3.03	2.38	3.28	2.06
Gross Margin	53.31%	52.19%	51.51%	53.64%	54.44%	51.96%
Operating Margin	20.19%	18.95%	14.23%	23.55%	19.88%	6.71%
Profit Margin	19.29%	20.43%	14.85%	22.22%	18.04%	5.58%
Free Cash Flow Margin	23.01%	21.65%	18.31%	11.77%	20.69%	18.36%
EBITDA	265.54	249.41	183.29	301.38	222.6	104.93
EBITDA Margin	25.62%	25.26%	22.47%	29.98%	28.22%	18.86%
D&A For EBITDA	56.29	62.31	67.21	64.66	65.8	67.58
EBIT	209.25	187.1	116.08	236.71	156.8	37.36
EBIT Margin	20.19%	18.95%	14.23%	23.55%	19.88%	6.71%
Effective Tax Rate	10.64%	8.52%	8.62%	7.55%	8.56%	-

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q