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Onto Innovation ONTO D&A

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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 / equity0×0.0×
Current ratio9.7×+0.1×

Where this comes from

Reported directly by Onto Innovation in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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

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

For the three and six months ended June 30, 2026, depreciation expense was $5.2 million and $11.6 million, respectively. For the three and six months ended June 28, 2025, depreciation expense was $5.8 million and $10.2 million, respectively.

Item 1. Financial Statements

FAQ

What is Onto Innovation's D&A?
Onto Innovation (ONTO) reported D&A of $5.2M in Q2 2026.
How has Onto Innovation's D&A changed year-over-year?
Onto Innovation's D&A decreased by 10.3% year-over-year, from $5.8M to $5.2M.
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 9.9% compound annual growth rate (CAGR), from $14.44M to $21.05M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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