Onto Innovation is experiencing a significant growth inflection driven by AI-driven advanced packaging demand, with revenue surging 35.3% YoY to $343.1M in 2026Q2 and gross margin expanding to 53.4%. The company's asset-light model (CapEx/Revenue averaging 2.7...
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Revenue reaccelerated to $343.1M in 2026Q2, up 35.3% YoY, with gross margin expanding to 53.4% and operating margin reaching 18.5%, though net margin of 17.5% exceeded operating margin, suggesting non-recurring tax benefits.
Onto Innovation has potential to regain market share with TSMC, a key player in the semiconductor industry.
The company stands to benefit from back-end advanced packaging trends in the semiconductor sector.
The acquisition of Semilab is expected to be accretive and drive significant upside for Onto Innovation.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | $1.93+14.2% vs $1.69 | $343M+5.5% vs $325M |
Q2 2026 May 5, 2026 | $1.42+0.0% vs $1.42 | $292M-0.0% vs $292M |
Q1 2026 Feb 19, 2026 | $1.26-1.6% vs $1.28 | $267M-0.2% vs $267M |
Q4 2025 Nov 6, 2025 | $0.92+2.9% vs $0.89 | $218M-0.9% vs $220M |
Onto Innovation Inc. (NYSE: ONTO - Get Free Report) has been assigned a consensus recommendation of "Buy" from the thirteen analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have given a strong buy recommendation to
Onto Innovation is a high-conviction Strong Buy, benefiting from robust recurring revenues and deep integration with major semiconductor manufacturers. The recurring revenue base is expanding as wafer demand outpaces supply, with ONTO's installed base and backlog growing alongside industry capacity. The Dragonfly G5 launch is driving unprecedented demand, positioning ONTO for 30% annual revenue growth and significant gross margin expansion through 2030.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
On September 14, 2026, Onto Innovation Inc (ONTO) shares experienced a significant decline, falling 11.1% to a current price of $250.13. This drop comes amidst
Benchmark ONTO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Onto Innovation Inc. (ONTO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $283.81 | $14.12B | 102.09 | 1.82% | 13.6% | 6.79% | — | |
| $89.54 | $4.69B | 9999.00 | -7.38% | 12.18% | 13.55% | — | |
| $64.54 | $3.04B | -40.59 | 12.74% | -7.43% | -4.91% | — | |
| $126.01 | $9.82B | 182.62 | 2.8% | 12.8% | 10.96% | — | |
| $75.80 | $4.86B | 55.33 | 15.24% | 14.48% | 7.24% | — | |
| $151.36 | $7.06B | 145.54 | 15.57% | 7.4% | 5.82% | — |
Onto Innovation Inc. (ONTO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Onto Innovation Inc. (ONTO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 10, 2026·SEC
Aug 6, 2026·SEC
May 21, 2026·SEC
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Onto Innovation Inc. (ONTO) stock FAQ — growth, dividends, profitability & financials explained
Onto Innovation Inc. (ONTO) reported $1.12B in revenue for fiscal year 2025. This represents a 3597% increase from $30.3M in 1996.
Onto Innovation Inc. (ONTO) grew revenue by 1.8% over the past year. Growth has been modest.
Yes, Onto Innovation Inc. (ONTO) is profitable, generating $132.6M in net income for fiscal year 2025 (13.6% net margin).
Onto Innovation Inc. (ONTO) has a return on equity (ROE) of 6.8%. This is below average, suggesting room for improvement.
Onto Innovation Inc. (ONTO) generated $252.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
