Onto Innovation Inc.
ONTO
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Onto Innovation operates in the semiconductor equipment industry, which is experiencing a robust demand surge due to advancements in technology and increased chip production.
- In Q2 2026, Onto Innovation reported a revenue of $343.129 million, representing an 18% increase compared to the previous quarter.
- The company's gross margin improved to 53.4% in Q2 2026, up from 50.1% in Q1 2026.
- The company's high trailing P/E ratio of 117.94 suggests that the stock may be overvalued compared to its earnings.
- Onto Innovation's debt-to-equity ratio stands at 76.55, indicating a significant reliance on debt financing.
- The operating margin decreased to 19.6% in Q2 2026 from 13.3% in Q1 2026, which may raise concerns about operational efficiency.
Fundamentals
| Market cap | $14.36B | Enterprise value | $13.95B | Trailing P/E | 110.03 | Forward P/E | 25.02 |
| PEG | 0.86 | Price / book | 7.46 | Beta | 1.58 | Dividend yield | 0.00% |
| Revenue growth | 35.3% | Earnings growth | 75.4% | Gross margin | 55.5% | Operating margin | 23.0% |
| Profit margin | 11.8% | ROE | 6.8% | ROA | 4.8% | Debt / equity | 0.77 |
| Current ratio | 9.73 | Free cash flow | $202.95M | Analyst recommendation | strong_buy | Mean target | $387.50 |
| 52w high | $386.46 | 52w low | $118.97 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $343M | $292M | $267M | $218M | $254M |
| Op margin | 19.6% | 13.3% | 7.8% | 12.7% | 15.2% |
| Net income | $60.1M | $33.8M | $10.5M | $28.2M | $33.9M |
| Gross margin | 53.4% | 50.1% | 46.4% | 50.7% | 48.2% |
| Gross profit | $183M | $146M | $124M | $111M | $122M |
| Operating income | $67.3M | $38.7M | $20.9M | $27.8M | $38.5M |
- Revenue +18% vs prior quarter ($343M vs $292M).
- Gross margin 53.4% (was 50.1% prior quarter).
- Operating margin expanded to 19.6%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $1.0B | $987M | $816M | $1.0B |
| Op margin | 15.1% | 19.9% | 14.7% | 23.5% |
| Net income | $137M | $202M | $121M | $223M |
| Gross margin | 49.7% | 52.2% | 51.5% | 53.6% |
| Gross profit | $500M | $515M | $420M | $539M |
| Operating income | $151M | $196M | $120M | $237M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-08 · What Was KLA Telling You Before Its Stock Ran?
2026-10-08 · Onto Innovation (ONTO) Declines More Than Market: Some Information for Investors
2026-10-07 · Should You Invest in Lam Research Stock Despite Its Premium Valuation?
2026-10-07 · Onto Innovation Opens Registration for December 2026 Analyst Event
2026-10-05 · Management Guided Higher For KLA Stock; Does The Chart Agree?
2026-10-05 · ONTO Stock Up 126% in a Year: Is More Upside on the Horizon?
2026-10-02 · Onto Innovation Well-Positioned to Benefit From Strong Wafer Fab Equipment Spending, RBC Says
2026-10-02 · Nike downgraded, Airbnb upgraded: Wall Street's top analyst calls
2026-10-02 · RBC Initiates Onto Innovation at Outperform With $400 Price Target
2026-10-02 · Bull of the Day: Onto Innovation (ONTO)
2026-09-30 · Onto Innovation (ONTO) Gets A Zacks Boost Following Rising Estimates And Fair Value Debate
2026-09-30 · Is KLA Stock Really Expensive?
Price (daily)
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