Onto Innovation Inc. (ONTO)

From the record

Onto Innovation Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2019-10-28); an auditor change (8-K item 4.01, 2 times, the latest 2020-01-22) (its current reports).

From the record

Onto Innovation Inc.'s 10 filed years say what it did: revenue went from $255 million in fiscal 2017 to $1.0 billion in fiscal 2026, up 18.7% a year; it rose in 7 of 9 years; the deepest fall was 19% from fiscal 2022 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-01-03, Onto Innovation Inc.'s diluted share count shrank about 0.3% a year, and dividends and buybacks returned about 14% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales (2 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-01 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-01-03, Onto Innovation Inc. earned about 7 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 21 cents per dollar of everything the company owns. Leverage: it owed about 11 cents per dollar of assets, and net share issuance: its share count shrank 0.8% over the year (the filed statements).

From the record

Onto Innovation Inc.'s standing among 11 graded names in its industry family: revenue of $1.0 billion in fiscal 2026 ranks in the top 32% by size; a net margin of 13.6% ranks in the top 32%; revenue growth of 0% a year over the last 3 filed years ranks in the top 45% (its annual reports).

From the record

Onto Innovation Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Plisinski, Michael P (Chief Executive Officer, as filed), filing under that title since 2019-10-29, 7 years (top 35% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 3.7 years (bottom 15%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Onto Innovation Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $346 million against no long-term debt tagged leaves 14.6% of its assets as net cash, top 50% of its family; cash from operations less capital spending is 29.8% of revenue (top 5%); a gross margin of 49.7% (top 50%); research spending of 13.1% of revenue (bottom 45%) (its annual report).

From the record

Onto Innovation Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 0% a year over the last three filed years against 18.7% over all 10, slowing (bottom 5% of its family); the newest year grew 1.8% (top 50%); research spending grew 5.6% a year (top 23%); capital spending grew 15.7% a year (top 32%) (its annual reports). Onto Innovation Inc. reported 3 product lines in fiscal 2025: Systems and Software Revenue at $848 million (84%), Parts Revenue at $84 million (8%), Service Revenue at $73 million (7%); 2 of 3 grew against the year before (its annual report).

From the record

Onto Innovation Inc.'s newest year against its own record: revenue of $1.0 billion in fiscal 2026 came in 2.7% above the $978 million its prior three years' pace pointed to (bottom 39% of its family); net income of $137 million against a prior three-year average of $182 million (bottom 35%); a net margin of 13.6% against 19.2% before (bottom 15%) (its annual reports).