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Onto Innovation ONTO Current ratio

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Other financials

Income statement

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Revenue$343.1M+35.3%
Gross profit$183.3M+50.1%
Operating income$63.6M+97.1%
Net income$60.1M+75.8%
EPS (diluted)$1.21+75.4%

Balance sheet

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Cash & equivalents$1.3B+476%
Total debt$17.5M+15.3%
Total equity$1.9B-2.1%
Total assets$3.7B+72.8%

Cash flow

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Operating cash flow$61.5M+6.2%
CapEx$3.7M-73.4%
Free cash flow$57.9M+31.0%

Valuation

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Market cap$13.73B+212%
P/E84.6×+58.6×
P/S12.3×+8.0×

Profitability

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Gross margin50.4%-1.2pp
Operating margin12%-6.4pp
Net margin14.5%-1.8pp
FCF margin22.5%-0.5pp

Returns & leverage

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Return on equity8.3%-0.6pp
Debt / equity0.0×

Where this comes from

Calculated from Onto Innovation’s reported figures.

Based on the most recent quarter.

The source filing: Onto Innovation’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 5:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338401

FAQ

What is Onto Innovation's current ratio?
Onto Innovation (ONTO) reported current ratio of 9.7× in Q2 2026.
How has Onto Innovation's current ratio changed year-over-year?
Onto Innovation's current ratio increased by 1.4% year-over-year, from 9.6× to 9.7×.
What is the long-term trend for Onto Innovation's current ratio?
Over 5 years (2020 to 2025), Onto Innovation's current ratio has grown at a -1.0% compound annual growth rate (CAGR), from 6.1× to 5.8×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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