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Segments

By geography

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Federal$29.74M
Foreign$5.3M
State$997K

By segment

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Single Reportable$26.14M+39.2%

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×
Current ratio9.7×+0.1×

Where this comes from

Reported directly by Onto Innovation in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 28, 2025Six Months Ended / June 30, 2026Six Months Ended / June 28, 2025
Other (expense) income, net(160)12(263)31
Total other income, net4,9467,4949,48416,017
Income before provision for income taxes68,49639,741106,548111,398
Provision for income taxes8,3945,83012,69613,392
Net income$60,102$33,911$93,852$98,006
Earnings per share:
Basic$1.22$0.69$1.89$2.00
Diluted$1.21$0.69$1.88$1.99

Item 1. Financial Statements

FAQ

What is Onto Innovation's income tax?
Onto Innovation (ONTO) reported income tax of $8.39M in Q2 2026.
How has Onto Innovation's income tax changed year-over-year?
Onto Innovation's income tax increased by 44.0% year-over-year, from $5.83M to $8.39M.
What is the long-term trend for Onto Innovation's income tax?
Over 4 years (2021 to 2025), Onto Innovation's income tax has grown at a 18.3% compound annual growth rate (CAGR), from $13.33M to $26.14M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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