Onto Innovation Inc.
Income Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | $987.3M | $815.9M | $1.01B | $556.5M | $305.9M | $273.8M | $255.1M |
| Cost of Revenue | $505.5M | $472.0M | $395.6M | $466.0M | $278.0M | $170.9M | $125.5M | $120.5M |
| Gross Profit | $499.8M | $515.3M | $420.3M | $539.2M | $278.5M | $135.0M | $148.3M | $134.6M |
| Gross Margin | 49.7% | 52.2% | 51.5% | 53.6% | 50.0% | 44.1% | 54.2% | 52.8% |
| Operating Expenses | ||||||||
| Research & Development | $132.0M | $113.9M | $104.4M | $112.0M | $84.6M | $48.4M | $40.0M | $37.7M |
| SG&A Expense | $107.1M | $79.9M | $79.6M | $69.6M | $65.3M | $53.0M | $33.7M | $27.9M |
| Operating Income | $132.9M | $187.1M | $116.1M | $236.7M | $-26.7M | $-5.0M | $51.1M | $59.3M |
| Operating Margin | 13.2% | 19.0% | 14.2% | 23.5% | -4.8% | -1.6% | 18.7% | 23.2% |
| Interest Expense | — | — | — | — | — | — | $331.0K | $92.0K |
| Pretax Income | $162.9M | $220.4M | $132.6M | $241.6M | $-26.9M | $-597.0K | $53.3M | $59.8M |
| Income Tax Expense | $26.1M | $18.8M | $11.4M | $18.3M | $-4.2M | $-18.3M | $8.3M | $26.9M |
| Net Income | $136.8M | $201.7M | $121.2M | $223.3M | $31.0M | $223.3M | $45.1M | $32.9M |
| Net Margin | 13.6% | 20.4% | 14.9% | 22.2% | 5.6% | 73.0% | 16.5% | 12.9% |
| EPS (Basic) | $2.78 | $4.09 | $2.47 | $4.52 | $0.63 | $0.06 | $1.77 | $1.30 |
| EPS (Diluted) | $2.78 | $4.06 | $2.46 | $4.49 | $0.63 | $0.06 | $1.74 | $1.27 |
| Shares Outstanding (Basic) | 49.1M | 49.3M | 49.0M | 49.4M | 49.1M | 29.7M | 25.5M | 25.3M |
| Shares Outstanding (Diluted) | 49.3M | 49.7M | 49.3M | 49.8M | 49.5M | 49.8M | 25.9M | 25.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |