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Discontinued — last reported Q1 '26

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Segments

By segment

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Single Reportable$39.41M-20.3%

Other financials

Income statement

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Revenue$291.9M+9.5%
Gross profit$146.4M+2.2%
Operating income$33.5M-46.9%
Net income$33.8M-1.3%
EPS (diluted)$0.67-48.5%

Balance sheet

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Cash & equivalents$252.2M+23.8%
Total debt$17.5M+15.3%
Total equity$2.1B+11.1%
Total assets$2.4B+13.3%

Cash flow

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Operating cash flow$26.3M-71.4%
CapEx$3.6M-56.5%
Free cash flow$22.7M-72.9%

Valuation

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Market cap$16.6B+70.5%
P/E121.8×+69.3×
P/S16.1×+6.6×

Profitability

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Gross margin48.8%-3.9pp
Operating margin10%-10.2pp
Net margin13.2%-4.9pp

Returns & leverage

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Return on equity6.7%-3.3pp
Debt / equity0.0×
Current ratio6.2×-2.3×

Where this comes from

Reported directly by Onto Innovation in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The official record: Onto Innovation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Onto Innovation's D&A?
Onto Innovation (ONTO) reported D&A of $19.7M in Q1 2026.
How has Onto Innovation's D&A changed year-over-year?
Onto Innovation's D&A increased by 133.3% year-over-year, from $8.45M to $19.7M.
What is the long-term trend for Onto Innovation's D&A?
Over 4 years (2021 to 2025), Onto Innovation's D&A has grown at a -6.4% compound annual growth rate (CAGR), from $51.37M to $39.41M.
What does D&A mean?
The non-cash expense of spreading the cost of assets over their useful life.
How do you interpret D&A?
High levels of amortization often follow significant acquisitions, while depreciation levels reflect the intensity of the company's capital asset base.
How does D&A compare across companies?
Highly dependent on the company's history of M&A and capital intensity.