ONTO Q4 2025 Earnings
Reported Feb 19, 2026 at 4:11 PM ET · SEC Source
Q4 25 EPS
$1.26
BEAT +0.00%
Est. $1.26
Q4 25 Revenue
$266.9M
MISS 0.07%
Est. $267.1M
vs S&P Since Q4 25
+25.1%
BEATING MARKET
ONTO +29.6% vs S&P +4.5%
Full Year 2025 Results
FY 25 EPS
$4.94
MISS 0.03%
Est. $4.94
FY 25 Revenue
$1.01B
MISS 0.02%
Est. $1.01B
Market Reaction
Did ONTO Beat Earnings? Q4 2025 Results
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.
Key Takeaways
- • Record quarterly and full-year revenue driven by semiconductor capital equipment spending upcycle
- • Global AI investment fueling demand across advanced packaging, advanced nodes, and specialty devices
- • Strong customer engagement across new products for metrology and inspection challenges
ONTO Forward Guidance & Outlook
For Q1 2026 (fiscal quarter ending March 31, 2026), Onto Innovation expects revenue of $275 million to $285 million, gross margin of 54.6% to 55.6%, GAAP operating margin of 14.2% to 15.6%, non-GAAP operating margin of 25.5% to 26.5%, GAAP diluted EPS of $0.74 to $0.84, and non-GAAP diluted EPS of $1.26 to $1.36. Management expressed confidence in the company's ability to outgrow the semiconductor equipment market in 2026 and beyond, driven by global AI investment fueling a robust upcycle in semiconductor capital equipment spending.
ONTO YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
“2025 concluded on a strong note for Onto Innovation, highlighted by record revenue for both the fourth quarter and the full year, the successful acquisition of select product lines from Semilab International, and the shipment of multiple next-generation Dragonfly systems for high resolution 2D applications to customers beginning their evaluation periods.”
— Mike Plisinski, Q4 2025 Earnings Press Release
ONTO Earnings Trends
ONTO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ONTO EPS Trend
Earnings per share: estimate vs actual
ONTO Revenue Trend
Quarterly revenue: estimate vs actual
ONTO Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 BEAT FY | $1.26 | $1.26 | +0.00% | $266.9M | -0.07% |
| FY Full Year | $4.94 | $4.94 | -0.03% | $1.01B | -0.02% |
| Q3 25 BEAT | $0.90 | $0.92 | +2.51% | $218.2M | -1.06% |
| Q2 25 MISS | $1.28 | $1.25 | -2.15% | $253.6M | +1.14% |
| Q1 25 BEAT | $1.47 | $1.51 | +2.90% | $266.6M | +0.15% |