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	Sep 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Dec 26, 2020
Revenue	1,002	987.32	815.87	1,005	788.9	556.5
Revenue Growth (YoY)	6.38%	21.02%	-18.83%	27.42%	41.76%	81.92%
Cost of Revenue	469.4	472.01	395.61	465.96	359.42	267.37
Gross Profit	532.94	515.31	420.25	539.22	429.48	289.13
Selling, General & Admin	172.34	162	144.91	135.27	125.2	113.45
Research & Development	130.71	116.77	104.44	111.95	96.12	84.58
Amortization of Goodwill & Intangibles	35.44	49.44	54.82	55.28	51.37	53.75
Operating Expenses	338.96	328.21	304.18	302.51	272.68	251.78
Operating Income	193.98	187.1	116.08	236.71	156.8	37.36
Interest & Investment Income	36.15	33.49	20.36	5.01	1.16	2.9
Currency Exchange Gain (Loss)	-2.47	-0.28	-4.09	-0.07	-2.02	-3.07
Other Non Operating Income (Expenses)	-0.57	0.13	0.24	-0.07	0.13	0.36
EBT Excluding Unusual Items	227.1	220.45	132.58	241.58	156.08	37.55
Merger & Restructuring Charges	-32.45	-	-	-	-0.39	-10.68
Pretax Income	194.65	220.45	132.58	241.58	155.68	26.87
Income Tax Expense	19.6	18.78	11.42	18.25	13.33	-4.16
Net Income	175.05	201.67	121.16	223.33	142.35	31.03
Net Income to Common	175.05	201.67	121.16	223.33	142.35	31.03
Net Income Growth	-4.43%	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)	-0.67%	0.69%	-0.90%	0.07%	0.51%	64.88%
EPS (Basic)	3.56	4.09	2.47	4.52	2.89	0.63
EPS (Diluted)	3.55	4.06	2.46	4.49	2.86	0.63
EPS Growth	-4.06%	65.04%	-45.21%	56.99%	353.97%	950.00%
Free Cash Flow	261.31	213.77	149.4	118.3	163.24	102.16
Free Cash Flow Per Share	5.30	4.30	3.03	2.38	3.28	2.06
Gross Margin	53.17%	52.19%	51.51%	53.64%	54.44%	51.96%
Operating Margin	19.35%	18.95%	14.23%	23.55%	19.88%	6.71%
Profit Margin	17.46%	20.43%	14.85%	22.22%	18.04%	5.58%
Free Cash Flow Margin	26.07%	21.65%	18.31%	11.77%	20.69%	18.36%
EBITDA	246.64	249.41	183.29	301.38	222.6	104.93
EBITDA Margin	24.61%	25.26%	22.47%	29.98%	28.22%	18.86%
D&A For EBITDA	52.66	62.31	67.21	64.66	65.8	67.58
EBIT	193.98	187.1	116.08	236.71	156.8	37.36
EBIT Margin	19.35%	18.95%	14.23%	23.55%	19.88%	6.71%
Effective Tax Rate	10.07%	8.52%	8.62%	7.55%	8.56%	-

Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q