Onto Innovation Inc. (ONTO) financial statements: income statement, balance sheet and cash flow
Onto Innovation Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 3, 2026 · FY), Onto Innovation Inc. reported revenue of $1.0B (+1.8% year on year) and net income of $136.8M (-32.2% year on year).
Income statement
Onto Innovation Inc. income statement, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Revenue
$1.0B
$987.3M
$815.9M
$1.0B
Cost of revenue
$505.5M
$472.0M
$395.6M
$466.0M
Gross profit
$499.8M
$515.3M
$420.3M
$539.2M
Research and development
$132.0M
$116.8M
$104.4M
$112.0M
Sales and marketing
$70.0M
$76.2M
$61.8M
$65.7M
General and administrative
$107.1M
$85.8M
$83.1M
$69.6M
Amortization
$39.4M
$49.4M
$54.8M
$55.3M
Restructuring cost in operating expenses
($18.4M)
—
—
—
Total operating expenses
$366.8M
$328.2M
$304.2M
$302.5M
Operating income (loss)
$132.9M
$187.1M
$116.1M
$236.7M
Interest income, net
$35.0M
$33.5M
$20.4M
$5.0M
Other income (expense), net
($5.0M)
($145.0K)
($3.9M)
($141.0K)
Income (loss) before provision (benefit) for income taxes
$162.9M
$220.4M
$132.6M
$241.6M
Provision (benefit) for income taxes
$26.1M
$18.8M
$11.4M
$18.3M
Net income
$136.8M
$201.7M
$121.2M
$223.3M
Basic
$2.78
$4.09
$2.47
$4.52
Diluted
$2.78
$4.06
$2.46
$4.49
Basic
49.1M
49.3M
49.0K
49.4M
Diluted
49.3M
49.7M
49.3M
49.8M
Onto Innovation Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Revenue
$343.1M
$291.9M
$218.2M
$253.6M
Cost of revenue
$159.9M
$145.6M
$107.6M
$131.5M
Gross profit
$183.3M
$146.4M
$110.6M
$122.1M
Research and development
$38.9M
$35.1M
$32.5M
$35.3M
Sales and marketing
$23.1M
$21.5M
$17.1M
$14.9M
General and administrative
$34.3M
$31.4M
$24.8M
$25.0M
Amortization
$19.7M
$19.7M
$8.4M
$8.4M
Restructuring cost in operating expenses
($3.8M)
($5.2M)
($4.1M)
($6.2M)
Total operating expenses
$119.7M
$112.9M
$86.9M
$89.9M
Operating income
$63.5M
$33.5M
$23.7M
$32.2M
Interest income, net
$5.2M
$5.1M
$9.3M
$8.6M
Gain (Loss), Foreign Currency Transaction, before Tax
($139.0K)
($461.0K)
—
—
Other Expense Income
($160.0K)
($103.0K)
—
—
Total other expense, net
$4.9M
$4.5M
($999.0K)
($1.1M)
Income before provision for income taxes
$68.5M
$38.1M
$32.0M
$39.7M
Provision for income taxes
$8.4M
$4.3M
$3.8M
$5.8M
Net Income, Total
$60.1M
$33.8M
$28.2M
$33.9M
Basic
$1.22
$0.68
$0.58
$0.69
Diluted
$1.21
$0.67
$0.57
$0.69
Basic
49.4M
49.7M
49.0M
48.9M
Diluted
49.7M
50.0M
49.1M
49.0M
Balance sheet
Onto Innovation Inc. balance sheet, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$346.1M
$212.9M
$233.5M
$175.9M
Marketable securities
$293.5M
$639.4M
$464.3M
$371.9M
Accounts receivable, less allowance of $2,585 at December 28, 2024 and $2,659 at December 30, 2023
$268.9M
$308.1M
$226.6M
$241.4M
Inventories
$298.3M
$287.0M
$327.8M
$324.3M
Prepaid expenses and other current assets
$61.2M
$30.1M
$31.1M
$21.4M
Total current assets
$1.3B
$1.5B
$1.3B
$1.1B
Property, plant and equipment, net
$127.2M
$123.9M
$103.6M
$92.0M
Goodwill
$644.0M
$330.0M
$315.8M
$315.8M
Identifiable intangible assets, net
$298.1M
$127.5M
$167.4M
$222.2M
Deferred income taxes
$3.9M
$42.8M
$18.8M
$4.8M
Other assets
$26.5M
$15.5M
$20.8M
$25.2M
Total assets
$2.4B
$2.1B
$1.9B
$1.8B
Accounts payable
$107.7M
$56.3M
$49.9M
$54.5M
Accrued liabilities
$48.5M
$50.0M
$42.1M
$48.8M
Deferred revenue
$31.8M
$33.8M
$24.8M
$30.2M
Other current liabilities
$30.9M
$30.0M
$31.0M
$27.0M
Total current liabilities
$218.9M
$170.1M
$147.7M
$160.6M
Deferred and other tax liabilities
$20.4M
$4.0K
$0
$7.4M
Other non-current liabilities
$27.7M
$21.1M
$25.5M
$30.5M
Total liabilities
$267.1M
$191.2M
$173.2M
$198.4M
Preferred stock, $0.001 par value, 3,000 shares authorized, no shares issued and outstanding
0
0
—
0
Common stock, $0.001 par value, 97,000 shares authorized, 49,238 and 49,086 issued and outstanding at December 28, 2024 and December 30, 2023, respectively.
50.0K
49.0K
49.0K
49.0K
Additional paid-in capital
$1.4B
$1.3B
$1.3B
$1.2B
Accumulated other comprehensive income
($10.0M)
($13.9M)
($7.9M)
($10.0M)
Accumulated earnings
$743.8M
$664.5M
$482.4M
$362.8M
Total stockholders’ equity
$2.1B
$1.9B
$1.7B
$1.6B
Total liabilities and stockholders’ equity
$2.4B
$2.1B
$1.9B
$1.8B
Onto Innovation Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$1.3B
$252.2M
$603.1M
$217.5M
Marketable securities
$628.9M
$401.9M
$380.8M
$677.5M
Accounts receivable, less allowance of $2,613 and $2,659
$337.4M
$306.6M
$260.2M
$285.3M
Inventories, net
$379.2M
$316.0M
$259.4M
$270.2M
Prepaid expenses and other current assets
$43.2M
$43.0M
$41.4M
$43.9M
Total current assets
$2.6B
$1.3B
$1.5B
$1.5B
Property, plant and equipment, net
$123.7M
$123.8M
$129.1M
$133.0M
Goodwill
$643.5M
$643.5M
$330.0M
$330.0M
Identifiable intangible assets, net
$258.7M
$278.4M
$102.1M
$110.6M
Deferred income taxes
$4.4M
$4.4M
$57.2M
$50.2M
Other assets
$26.8M
$26.5M
$23.2M
$22.0M
Total assets
$3.7B
$2.4B
$2.2B
$2.1B
Accounts payable
$139.4M
$105.5M
$52.9M
$37.9M
Accrued liabilities
$55.3M
$46.4M
$48.9M
$49.8M
Deferred revenue
$35.9M
$31.4M
$30.8M
$39.0M
Other current liabilities
$41.0M
$31.1M
$30.3M
$29.1M
Total current liabilities
$271.6M
$214.4M
$162.9M
$155.8M
Convertible Notes Payable, Noncurrent
$1.5B
—
—
—
Deferred income taxes
$2.1M
$20.3M
$4.0K
$4.0K
Other non-current liabilities
$30.9M
$29.5M
$21.7M
$21.2M
Total liabilities
$1.8B
$264.2M
$184.5M
$177.0M
Common stock
$50.0K
$50.0K
$49.0K
$49.0K
Additional paid-in capital
$1.1B
$1.4B
$1.3B
$1.3B
Accumulated other comprehensive loss
($13.0M)
($12.5M)
($6.4M)
($4.8M)
Retained earnings
$837.6M
$777.5M
$733.3M
$705.0M
Total stockholders’ equity
$1.9B
$2.1B
$2.0B
$2.0B
Total liabilities and stockholders’ equity
$3.7B
$2.4B
$2.2B
$2.1B
Cash flow statement
Onto Innovation Inc. cash flow statement, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net income
$136.8M
$201.7M
$121.2M
$223.3M
Depreciation
$21.0M
$12.9M
$12.4M
$9.4M
Accretion (Amortization) of Discounts and Premiums, Investments
$4.7M
—
—
—
Amortization of intangibles
$39.4M
$49.4M
$54.8M
$55.3M
Share-based compensation
$27.6M
$28.6M
$25.5M
$24.4M
Research and Development Asset Acquired in Transaction Other than Business Combination or Joint Venture Formation, Writeoff
$0
$4.2M
$0
$5.7M
Provision for inventory valuation
$26.5M
$19.2M
$10.0M
$9.3M
Deferred income taxes
$12.9M
($26.5M)
($22.4M)
($33.6M)
Other, net
$8.8M
$722.0K
$3.0M
($563.0K)
Accounts receivable
$53.8M
($83.7M)
$12.2M
($65.1M)
Income taxes
($20.2M)
$3.1M
$1.8M
($5.0M)
Inventories
($3.0M)
$19.9M
($16.5M)
($93.9M)
Prepaid expenses and other assets
($2.4M)
$2.1M
($14.0M)
($5.0M)
Accounts payable
$50.9M
$6.2M
($4.7M)
$1.2M
Accrued and other liabilities
($19.1M)
$7.8M
$11.3M
$11.3M
Net cash and cash equivalents provided by operating activities
$328.3M
$245.7M
$172.0M
$136.7M
Purchases of marketable securities
($475.8M)
($708.7M)
($480.5M)
($371.3M)
Proceeds from maturities and sales of marketable securities
$826.9M
$540.8M
$396.8M
$338.6M
Purchases of property, plant and equipment
($28.5M)
($31.9M)
($22.6M)
($18.4M)
PaymentsToAquireNonMarketableSecurities
$8.0M
—
—
—
Proceeds from sale of property, plant and equipment
$0
$0
$2.8M
—
Purchase of business, net of cash acquired
($436.1M)
($26.8M)
$0
($4.6M)
Net cash and cash equivalents provided by (used in) investing activities
($121.6M)
($226.5M)
($103.4M)
($55.7M)
Purchases of common stock
($75.0M)
($25.1M)
($3.2M)
($65.3M)
Tax payments related to shares withheld for share-based compensation plans
-13.5M
-19.0M
-10.8M
-8.9M
Payment of contingent consideration for acquired business
$0
($737.0K)
($801.0K)
($2.3M)
Issuance of shares through share-based compensation plans
13.4M
9.2M
5.3M
8.1M
Net cash and cash equivalents provided by (used in) financing activities
($75.2M)
($35.7M)
($9.5M)
($68.3M)
Effect of exchange rate changes on cash and cash equivalents
$1.6M
($4.0M)
($1.5M)
($6.4M)
Net increase in cash and cash equivalents
$133.2M
($20.6M)
$57.6M
$6.3M
Cash and cash equivalents at beginning of year
$212.9M
$233.5M
$175.9M
$169.6M
Cash and cash equivalents at end of year
$346.1M
$212.9M
$233.5M
$175.9M
Income taxes paid (received), net
$36.0M
$35.5M
$34.1M
$58.7M
IssuanceOfSharesForAquisition
81.7M
—
—
—
Onto Innovation Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Net income
$93.9M
$33.8M
$126.2M
$98.0M
Amortization of intangibles
$39.4M
$19.7M
$25.3M
$16.9M
Accretion (Amortization) of Discounts and Premiums, Investments
($1.2M)
$234.0K
$4.3M
$3.0M
Depreciation
$11.6M
$5.8M
$15.2M
$10.2M
Share-based compensation
$17.0M
$7.0M
$20.4M
$13.5M
Provision for inventory valuation
$2.7M
$1.2M
$20.4M
$18.1M
Deferred income taxes
$1.3M
$14.0K
($14.5M)
($7.3M)
Other, net
$382.0K
$679.0K
$4.6M
$4.7M
Changes in operating assets and liabilities, net of effects of business acquired
$76.4M
($41.6M)
$40.0M
($1.2M)
Net cash and cash equivalents provided by operating activities
$87.8M
$26.3M
$233.3M
$149.9M
Purchases of marketable securities
($652.1M)
($179.5M)
($421.2M)
($419.3M)
Proceeds from maturities and sales of marketable securities
$316.6M
$70.5M
$684.5M
$384.6M
Purchases of property, plant and equipment
($7.2M)
($3.6M)
($23.4M)
($22.0M)
Net cash and cash equivalents used in investing activities
($342.8M)
($112.6M)
$231.9M
($64.8M)
Purchases and retirement of common stock
($205.0M)
$0
($75.0M)
($75.0M)
Tax payments related to shares withheld for share-based compensation plans
-15.1M
-6.7M
-12.6M
-12.4M
Payment for Contingent Consideration Liability, Financing Activities
$3.8M
—
$0
—
Proceeds from Convertible Debt
$1.5B
—
—
—
Payments for Derivative Instrument, Financing Activities
($89.0M)
—
—
—
Issuance of shares through share-based compensation plans
5.9M
0
9.7M
4.2M
Net cash and cash equivalents used in financing activities
$1.2B
($6.7M)
($77.9M)
($83.2M)
Effect of exchange rate changes on cash and cash equivalents
($944.0K)
($887.0K)
$2.8M
$2.6M
Net increase (decrease) in cash and cash equivalents
$907.1M
($93.9M)
$390.1M
$4.5M
Cash and cash equivalents at beginning of period
$346.1M
$346.1M
$212.9M
$212.9M
Cash and cash equivalents at end of period
$1.3B
$252.2M
$603.1M
$217.5M
Income taxes paid (net of refunds)
$5.1M
$1.6M
$35.5M
$32.6M
Unpaid excise tax on repurchases of common stock
$2.0M
—
—
—
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction