ONTO Q4 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Onto Innovation delivered a mixed but milestone-laden Q4 2025, posting record quarterly revenue of $266.87 million, up 1.1% year over year, while matching the consensus EPS estimate of $1.26 on a non-GAAP basis, even as revenue came in fractionally b… Read more Onto Innovation delivered a mixed but milestone-laden Q4 2025, posting record quarterly revenue of $266.87 million, up 1.1% year over year, while matching the consensus EPS estimate of $1.26 on a non-GAAP basis, even as revenue came in fractionally below the $267.06 million Wall Street expected. The headline records, however, masked significant pressure beneath the surface, with GAAP operating income collapsing to $13.86 million from $42.46 million a year earlier, driven largely by $28.79 million in restructuring charges and $10.44 million in merger-related expenses tied to the company's acquisition of select product lines from Semilab's materials analysis business. Non-GAAP operating margin compressed to 25.2% from 28.6% in the prior-year period, a trend management aims to reverse as sequential momentum builds. Institutional ownership remains broadly supportive at 98.35%, reflecting confidence in the company's AI-driven growth thesis, and Q1 2026 guidance of $275 million to $285 million in revenue with non-GAAP EPS of $1.26 to $1.36 signals management expects that trajectory to hold.