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Onto Innovation ONTO Operating margin

Operating margin at other companies

Applied Materials logo
Applied MaterialsAMAT
28.6%-1.1pp
Amkor Technology logo
Amkor TechnologyAMKR
7.6%+1.3pp
Teradyne, Inc. logo
Teradyne, Inc.TER
26.5%+4.6pp
Fortive logo
FortiveFTV
17.6%-0.3pp
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
16%+4.2pp
Nordson logo
NordsonNDSN
26.4%+2.1pp

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
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

Calculated from Onto Innovation’s reported figures.

Based on trailing twelve months.

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 operating margin?
Onto Innovation (ONTO) reported operating margin of 10% in Q1 2026.
How has Onto Innovation's operating margin changed year-over-year?
Onto Innovation's operating margin decreased by 50.5% year-over-year, from 20.2% to 10%.
What is the long-term trend for Onto Innovation's operating margin?
Over 4 years (2021 to 2025), Onto Innovation's operating margin has grown at a 102.4% compound annual growth rate (CAGR), from -4.1% to 68%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.