Every 10-Q that Onto Innovation Inc. (ONTO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ONTO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ONTO filings page.
Onto Innovation Inc. delivered strong Q2 2026 performance, with revenue of $343.1 million, up 35.3% year over year, and gross margin of 53.4%. Net income was $60.1 million, or $1.21 diluted EPS. For the first half of 2026, revenue reached $635.1 million, a 22.1% increase from the prior year period, while net income was $93.9 million.
Liquidity strengthened sharply: combined cash, cash equivalents and marketable securities rose to about $1.9 billion, driven largely by issuing $1.5 billion of 0.00% convertible senior notes due 2031 and related capped call transactions, alongside $204.9 million of concurrent share repurchases. The planned $710 million purchase of a 27% stake in Rigaku Holdings represents a sizable strategic minority investment expected to close in the second half of 2026. The November 2025 acquisition of Semilab USA contributed $46.1 million of revenue and a $9.0 million operating loss in the first half of 2026.
Onto Innovation Inc. reported solid first‑quarter 2026 growth while ramping recent M&A and planning a major strategic investment. Revenue rose to $291.9 million from $266.6 million, driven by stronger systems and software sales and an added $27.1 million contribution from the Semilab USA acquisition. Gross margin was 50.1%, down from 53.7% a year earlier, reflecting higher restructuring costs and $6.1 million of Semilab inventory step‑up amortization.
Net income declined to $33.8 million from $64.1 million, with diluted EPS of $0.67 versus $1.30, as operating expenses increased on higher R&D, integration costs and intangible amortization. Cash, cash equivalents and marketable securities totaled $654.2 million, and operations generated $26.3 million of cash in the quarter.
Onto closed the $526.6 million Semilab USA deal in late 2025 and now plans to buy 27% of Rigaku Holdings for about $710 million, supported by a committed $500 million 364‑day bridge loan facility. Management expects to account for Rigaku under the fair value option without consolidation while pursuing technology and market synergies.
Onto Innovation (ONTO) reported Q3 results with revenue of $218.2 million, down from $252.2 million a year ago, as sales to DRAM, NAND and certain specialty/advanced packaging customers softened. Gross profit was $110.6 million and operating income was $23.7 million. Net income came in at $28.2 million, or $0.57 diluted EPS.
Year to date, revenue reached $738.4 million versus $723.4 million last year, while net income was $126.2 million, or $2.57 diluted EPS. The company ended the quarter with $603.1 million in cash and equivalents and $380.8 million in marketable securities, reflecting strong liquidity. Operating cash flow was $233.3 million for the nine-month period.
Onto amended its agreement to acquire Semilab USA: consideration is now $432.3 million in cash and 641,771 shares (total value about $495 million based on June 27, 2025 pricing) after excluding Semilab’s FTIR reflectometry systems business; both parties received a DOJ Second Request on September 25, 2025. The company repurchased $75.0 million of stock year to date and recorded $38.6 million in restructuring and other charges for the nine months. Revenue mix in Q3 was 80% systems and software, 11% parts, and 9% services; Taiwan, South Korea and the U.S. were the largest regions.