Onto Innovation Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | — | $987.3M | $815.9M | $1.01B | — | $556.5M | $305.9M |
| Cost of Revenue | $505.5M | — | $472.0M | $395.6M | $466.0M | — | $278.0M | $170.9M |
| Gross Profit | $499.8M | — | $515.3M | $420.3M | $539.2M | — | $278.5M | $135.0M |
| Gross Margin | 49.7% | — | 52.2% | 51.5% | 53.6% | — | 50.0% | 44.1% |
| Operating Expenses | ||||||||
| Research & Development | $132.0M | — | $113.9M | $104.4M | $112.0M | — | $84.6M | $48.4M |
| SG&A Expense | $107.1M | — | $79.9M | $79.6M | $69.6M | — | $65.3M | $53.0M |
| Operating Income | $132.9M | — | $187.1M | $116.1M | $236.7M | — | $-26.7M | $-5.0M |
| Operating Margin | 13.2% | — | 19.0% | 14.2% | 23.5% | — | -4.8% | -1.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $162.9M | — | $220.4M | $132.6M | $241.6M | — | $-26.9M | $-597.0K |
| Income Tax Expense | $26.1M | — | $18.8M | $11.4M | $18.3M | — | $-4.2M | $-18.3M |
| Net Income | $136.8M | — | $201.7M | $121.2M | $223.3M | — | $31.0M | $223.3M |
| Net Margin | 13.6% | — | 20.4% | 14.9% | 22.2% | — | 5.6% | 73.0% |
| EPS (Basic) | $2.78 | — | $4.09 | $2.47 | $4.52 | — | $0.63 | $0.06 |
| EPS (Diluted) | $2.78 | — | $4.06 | $2.46 | $4.49 | — | $0.63 | $0.06 |
| Shares Outstanding (Basic) | 49.1M | 49.3M | 49.3M | 49.0M | 49.4M | 48.9M | 49.1M | 29.7M |
| Shares Outstanding (Diluted) | 49.3M | 49.3M | 49.7M | 49.3M | 49.8M | 48.9M | 49.5M | 49.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |