Growth & profitability
- Revenue has grown 6.2% per year over the past 5 years.
- Net income has grown faster than revenue (294.9% vs 6.2% per year).
- Free cash flow has grown 16.4% per year over the past 5 years.
ONTO Financials Onto Innovation Inc.
15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $1.0B | $137M | 49.7% | 13.2% | $300M | — | $346M |
| 2025 | — | $136759 | — | — | — | — | — |
| 2024 | — | $201670 | — | — | — | — | — |
| 2024 | $987M | $202M | 52.2% | 19.0% | $214M | — | $213M |
| 2023 | — | $121159 | — | — | — | — | — |
| 2023 | $816M | $121M | 51.5% | 14.2% | $149M | — | $234M |
| 2022 | $1.0B | $223M | 53.6% | 23.5% | $118M | — | $176M |
| 2022 | $789M | $142M | 54.4% | -19.8% | $163M | — | $170M |
| 2021 | — | $142349 | — | — | — | — | — |
| 2020 | $556M | $31M | 50.0% | -4.8% | $102M | — | $137M |
| 2019 | $306M | $223M | 44.1% | -1.6% | $11M | — | $131M |
| 2018 | $274M | $45M | 54.2% | 18.7% | $28M | — | $112M |
| 2018 | $325M | $58M | 56.7% | 20.5% | $96M | — | $111M |
| 2017 | $255M | $33M | 52.8% | 23.2% | $54M | — | — |
| 2017 | $259M | $30M | 52.9% | 16.6% | $15M | — | $35M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $292M | $34M | 50.1% | 11.5% | $23M | — | $252M |
| Dec '25 | — | -$126M | — | — | — | — | — |
| Sep '25 | $218M | $28M | 50.7% | 10.9% | $82M | — | $603M |
| Jun '25 | $254M | $34M | 48.2% | 12.7% | $44M | — | $217M |
| Mar '25 | $267M | $64M | 53.7% | 23.7% | $84M | — | $204M |
| Dec '24 | $264M | — | 50.2% | 16.1% | $51M | — | $213M |
| Sep '24 | $252M | $53M | 54.1% | 21.0% | $59M | — | $189M |
| Jun '24 | $242M | $53M | 52.9% | 20.2% | $53M | — | $173M |
| Mar '24 | $229M | $47M | 51.7% | 18.7% | $50M | — | $191M |
| Dec '23 | — | -$91M | — | — | — | — | — |
| Dec '23 | $219M | — | 49.3% | 12.9% | $59M | — | $234M |
| Sep '23 | $207M | $36M | 51.6% | 16.4% | $21M | — | $207M |
| Jul '23 | $191M | $26M | 52.7% | 13.0% | $27M | — | $224M |
| Apr '23 | $199M | $29M | 52.7% | 14.6% | $42M | — | $230M |
| Dec '22 | $253M | -$157M | 54.2% | 24.2% | $41M | — | $176M |
| Oct '22 | $254M | $52M | 54.6% | 23.3% | $29M | — | $200M |
| Jul '22 | $256M | $52M | 51.5% | 22.4% | $6M | — | $180M |
| Apr '22 | $241M | $53M | 54.3% | 24.3% | $43M | — | $172M |
| Jan '22 | $226M | $47M | 54.9% | 22.1% | $48M | — | $170M |
| Dec '21 | — | -$95M | — | — | — | — | — |
Valuation over time
How the market has priced ONTO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 19.8× (Mar '23) to 125.1× (Jun '26).
- The price-to-sales ratio has risen from 4.4× (Mar '23) to 17.0× (Jun '26).
P/E
P/S
Frequently asked questions
Is ONTO growing its revenue and profit?
Over the past 5 years, Onto Innovation Inc.'s revenue has grown 6.2% per year, and net income grown 294.9% per year. These are computed facts, not advice.
How much debt does ONTO have?
As of FY2026, Onto Innovation Inc. reported — of total debt against $346M of cash.
What is ONTO's profit margin?
In FY2026, gross margin was 49.7%, operating margin 13.2%, and net margin 13.6%.
What is ONTO's P/E ratio?
As of Jun '26, Onto Innovation Inc. traded at a price-to-earnings ratio of about 125.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.