Company Analysis

Onto Innovation Inc. (ONTO)

NYSE: ONTO · Measuring & Controlling Devices, NEC · Wilmington, MA · filing with the SEC since 1995
Grade5.5
◀ Past 5.9● Present 5.5▶ Future 5.0

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2024FY 2024FY 2022FY 2022FY 2021FY 2020FY 2019FY 2018FY 2018FY 2017
Period endingJan 3, 2026Dec 28, 2024Dec 30, 2023Dec 31, 2022Jan 1, 2022Dec 26, 2020Dec 31, 2019Dec 31, 2018Dec 29, 2018Dec 31, 2017
Report filedFeb 24, 2026Feb 25, 2025Feb 26, 2024Feb 24, 2023Feb 25, 2022Feb 19, 2021Feb 25, 2020·Feb 25, 2019·
Revenue1,005,263987,321815,8681,005,183788,899556,496305,896273,784324,523255,098
Cost of revenue505,493472,013395,614465,962359,813278,043170,868125,505140,429120,503
Gross profit499,770515,308420,254539,221429,086278,453135,028148,279184,094134,595
Research and development131,978113,860r104,442111,95396,11884,58448,35839,95348,18837,694
Sales and marketing69,95576,044r61,76565,68857,23548,13628,25122,01037,52820,795
General and administrative107,07779,855r79,575r69,58267,96065,31053,01733,69831,79527,878
Total operating expenses366,843328,205304,176302,507272,679251,776140,07197,195117,60775,307
Operating income132,927187,103116,078236,714-156,407r-26,677r-5,04351,08466,48759,288
Interest expense········331·
Interest and investment income········10·
Interest income (expense), net34,97133,48920,3565,0111,1632,8993,6662,206·971
Other income (expense), net-4,996-145-3,852-141-1,888-2,708780561,358-457
Total non-operating income (expense)········1,037·
Income before income taxes162,902220,447132,582241,584-155,682r-26,868r-59753,34667,52459,802
Income tax expense26,14318,77711,42318,25013,333-4,157-18,250r8,2509,87626,893
Net income including non-controlling interests136,759201,670121,159223,334142,35031,0251,91045,09657,64832,909
Net income136,759201,670121,159223,334142,34931,025223,334r45,09657,64832,909
Earnings per share, basic2.784.092.474.522.890.630.061.772.391.30
Earnings per share, diluted2.784.062.464.492.860.630.061.742.341.27
Weighted average shares, basic49,12349,34348,971r49,42449,24249,13629,72925,47024,12025,325
Weighted average shares, diluted49,27349,66049,31849,76449,72849,47549,764r25,89524,60025,865
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ONTO · research, not advice