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R&D at other companies

Applied Materials logo
Applied MaterialsAMAT
$1.03B+15.0%
KLA Corporation logo
KLA CorporationKLAC
$388.76M+15.0%
Amkor Technology logo
Amkor TechnologyAMKR
$41.76M-8.5%
Fortive logo
FortiveFTV
$66.5M+3.9%
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
$68.98M+19.3%
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
$51.28M+10.6%

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:ResearchAndDevelopmentExpense.

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 R&D?
Onto Innovation (ONTO) reported R&D of $35.1M in Q1 2026.
How has Onto Innovation's R&D changed year-over-year?
Onto Innovation's R&D increased by 25.2% year-over-year, from $28.03M to $35.1M.
What is the long-term trend for Onto Innovation's R&D?
Over 4 years (2021 to 2025), Onto Innovation's R&D has grown at a 8.2% compound annual growth rate (CAGR), from $96.12M to $131.98M.
What does R&D mean?
Spending on innovation, new product development, and technological improvements.
How do you interpret R&D?
Consistent investment is necessary for long-term growth, though excessive spending without corresponding revenue growth may indicate inefficient innovation cycles.
How does R&D compare across companies?
Semiconductor equipment peers typically invest 10-20% of revenue into R&D to stay competitive.