Onto Innovation (ONTO) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Onto Innovation Revenue Highlights

Latest Revenue (Y)

$815.87M

Latest Revenue (Q)

$252.21M

Main Segment (Y)

Systems And Software Revenue

Main Geography (Y)

KOREA, REPUBLIC OF

Onto Innovation Revenue by Period

Onto Innovation Revenue by Year

Date	Revenue	Change
2023-12-30	$815.87M	-18.83%
2022-12-31	$1.01B	27.42%
2022-01-01	$788.90M	41.76%
2020-12-26	$556.50M	81.92%
2019-12-31	$305.90M	11.73%
2018-12-29	$273.78M	7.33%
2017-12-30	$255.10M	9.59%
2016-12-31	$232.78M	5.00%
2015-12-26	$221.69M	22.33%
2014-12-27	$181.22M	2.83%
2013-12-28	$176.24M	-19.34%
2012-12-29	$218.49M	16.72%
2011-12-31	$187.20M	-4.15%
2011-01-01	$195.31M	148.30%
2010-01-02	$78.66M	-39.97%
2008-12-27	$131.04M	-18.17%
2007-12-29	$160.13M	-20.40%
2006-12-30	$201.17M	142.61%
2005-12-31	$82.92M	-1.58%
2005-01-01	$84.25M	44.01%
2004-01-03	$58.50M	1.84%
2002-12-31	$57.45M	-27.65%
2001-12-31	$79.40M	-9.88%
2000-12-31	$88.11M	131.25%
1999-12-31	$38.10M	89.55%
1998-12-31	$20.10M	-45.23%
1997-12-31	$36.70M	21.12%
1996-12-31	$30.30M	32.89%
1995-12-31	$22.80M	-

Onto Innovation generated $815.87M in revenue during NA 2023, up -18.83% compared to the previous quarter, and up 298.00% compared to the same period a year ago.

Onto Innovation Revenue by Quarter

Date	Revenue	Change
2024-09-28	$252.21M	4.08%
2024-06-29	$242.33M	5.89%
2024-03-30	$228.85M	4.56%
2023-12-30	$218.86M	5.63%
2023-09-30	$207.19M	8.67%
2023-07-01	$190.66M	-4.27%
2023-04-01	$199.16M	-21.36%
2022-12-31	$253.27M	-0.39%
2022-10-01	$254.25M	-0.80%
2022-07-02	$256.31M	6.20%
2022-04-02	$241.35M	6.96%
2022-01-01	$225.64M	12.49%
2021-09-25	$200.59M	3.72%
2021-06-26	$193.39M	14.24%
2021-03-27	$169.28M	9.12%
2020-12-26	$155.13M	22.64%
2020-09-26	$126.49M	-6.27%
2020-06-27	$134.95M	-3.56%
2020-03-28	$139.93M	16.07%
2019-12-31	$120.56M	91.56%
2019-09-28	$62.94M	2.32%
2019-06-29	$61.51M	1.02%
2019-03-30	$60.89M	-3.01%
2018-12-29	$62.78M	3.89%
2018-09-29	$60.43M	-22.00%
2018-06-30	$77.48M	5.99%
2018-03-31	$73.10M	21.66%
2017-12-30	$60.08M	-10.22%
2017-09-30	$66.92M	-0.74%
2017-07-01	$67.42M	11.11%
2017-04-01	$60.68M	12.21%
2016-12-31	$54.08M	-12.27%
2016-09-24	$61.64M	-1.69%
2016-06-25	$62.70M	15.34%
2016-03-26	$54.36M	6.47%
2015-12-26	$51.06M	-12.87%
2015-09-26	$58.60M	-1.46%
2015-06-27	$59.47M	13.12%
2015-03-28	$52.57M	6.01%
2014-12-27	$49.59M	5.60%
2014-09-27	$46.96M	9.16%
2014-06-28	$43.02M	3.29%
2014-03-29	$41.65M	-6.38%
2013-12-28	$44.48M	1.00%
2013-09-28	$44.04M	-4.37%
2013-06-29	$46.06M	10.59%
2013-03-30	$41.65M	-23.30%
2012-12-29	$54.30M	-12.64%
2012-09-29	$62.15M	10.34%
2012-06-30	$56.33M	23.23%
2012-03-31	$45.71M	4.79%
2011-12-31	$43.62M	5.28%
2011-10-01	$41.43M	-19.61%
2011-07-02	$51.54M	1.87%
2011-04-02	$50.60M	-6.32%
2011-01-01	$54.01M	3.23%
2010-10-02	$52.32M	8.22%
2010-07-03	$48.35M	19.02%
2010-04-03	$40.62M	40.44%
2010-01-02	$28.93M	23.98%
2009-09-26	$23.33M	52.08%
2009-06-27	$15.34M	38.69%
2009-03-28	$11.06M	-32.67%
2008-12-27	$16.43M	-57.86%
2008-09-27	$38.99M	1.48%
2008-06-28	$38.42M	3.24%
2008-03-29	$37.21M	14.20%
2007-12-29	$32.58M	-

Onto Innovation generated $252.21M in revenue during Q3 2024, up 4.08% compared to the previous quarter, and up 132.28% compared to the same period a year ago.

Onto Innovation Revenue Breakdown

Onto Innovation Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Jan 22	Dec 20	Dec 19
Parts Revenue	$74.60M	$84.27M	$72.75M	$65.44M	$34.89M
Service Revenue	$57.95M	$55.21M	$47.03M	$40.59M	$15.28M
Systems And Software Revenue	$683.32M	$865.71M	$669.11M	$450.46M	$255.72M

Onto Innovation's latest annual revenue breakdown by segment (product or service), as of Dec 23: Systems And Software Revenue (83.75%), Parts Revenue (9.14%), and Service Revenue (7.10%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jul 23	Apr 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
Systems And Software Revenue	$217.13M	$194.84M	$187.79M	$169.35M	$159.35M	$166.82M	$219.46M	$216.08M	$220.79M	$209.38M	$193.77M	$170.94M	$162.90M	$141.51M	$97.77M	$108.25M	$114.33M	-	-	-
Parts Revenue	$20.00M	$20.11M	$15.94M	$20.10M	$18.14M	$20.42M	$20.05M	$21.60M	$22.76M	$19.86M	$18.83M	$17.80M	$18.70M	$17.42M	$18.82M	$16.33M	$13.57M	-	-	-
Service Revenue	$15.08M	$13.90M	$15.12M	$17.74M	$13.17M	$11.92M	$13.76M	$16.57M	$12.77M	$12.11M	$13.04M	$11.85M	$11.79M	$10.35M	$9.90M	$10.37M	$12.02M	-	-	-
Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$13.02M	$15.08M	$13.24M
Product	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$60.10M	$52.54M	$53.85M

Onto Innovation's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Systems And Software Revenue (86.09%), Parts Revenue (7.93%), and Service Revenue (5.98%).

Onto Innovation Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Jan 22	Dec 20	Dec 19
JAPAN	$93.83M	$58.13M	$61.19M	$59.30M	$29.82M
CHINA	$136.94M	$250.97M	$151.03M	$125.02M	$80.02M
Europe	$55.98M	$80.26M	$64.94M	$49.70M	-
UNITED STATES	$130.29M	$121.49M	$123.86M	$81.71M	$46.72M
TAIWAN	$141.91M	$199.10M	-	-	-
Southeast Asia	$87.58M	$71.06M	$33.05M	$29.62M	-
KOREA, REPUBLIC OF	$169.32M	$224.17M	$160.37M	$90.19M	$44.00M
TAIWAN, PROVINCE OF CHINA	-	-	$194.46M	$120.96M	$66.60M
SINGAPORE	-	-	-	-	$10.70M
Country Other Asia	-	-	-	-	$5.03M
Country Other Europe	-	-	-	-	$18.12M
GERMANY	-	-	-	-	$4.90M

Onto Innovation's latest annual revenue breakdown by geography, as of Dec 23: KOREA, REPUBLIC OF (20.75%), TAIWAN (17.39%), CHINA (16.78%), UNITED STATES (15.97%), JAPAN (11.50%), Southeast Asia (10.74%), and Europe (6.86%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jul 23	Apr 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
UNITED STATES	$21.98M	$20.87M	$26.54M	$29.80M	$33.24M	$40.71M	$42.32M	$27.44M	$31.07M	$26.80M	$32.20M	$25.70M	$25.48M	$16.04M	$22.38M	$19.65M	$14.09M	$9.17M	$16.87M	-
TAIWAN	$78.27M	$71.10M	$56.11M	$28.08M	$31.01M	$26.70M	$47.64M	$49.61M	$48.46M	-	-	-	-	-	-	-	-	-	-	-
Southeast Asia	$15.59M	$16.08M	$19.54M	$25.06M	$25.68M	$17.30M	$25.43M	$25.86M	$10.44M	$9.22M	$13.79M	$9.54M	$3.78M	$5.95M	-	-	-	-	-	-
KOREA, REPUBLIC OF	$77.01M	$80.24M	$47.12M	$38.89M	$37.84M	$45.47M	$53.12M	$41.04M	$68.88M	$61.13M	$38.67M	$41.30M	$50.53M	$10.52M	$13.07M	$13.97M	-	-	-	-
JAPAN	$12.56M	$13.34M	$33.00M	$32.60M	$13.73M	$14.50M	$24.71M	$13.76M	$10.79M	$8.97M	$21.63M	$17.39M	$7.87M	$13.70M	$13.91M	$15.03M	$11.19M	$4.21M	$4.32M	-
Europe	$14.68M	$6.23M	$7.90M	$22.96M	$7.20M	$17.92M	$24.65M	$18.13M	$19.05M	$18.43M	$16.43M	$16.68M	$14.45M	$17.39M	-	-	-	-	-	-
CHINA	$32.11M	$20.99M	$28.65M	$29.79M	$41.96M	$36.55M	$35.39M	$78.41M	$67.62M	$63.39M	$52.53M	$42.27M	$25.78M	$31.91M	$27.00M	$31.38M	$20.36M	$25.87M	$14.36M	-
TAIWAN, PROVINCE OF CHINA	-	-	-	-	-	-	-	-	-	$53.39M	$50.41M	$48.50M	$36.29M	$30.03M	$32.00M	$35.18M	$8.59M	$3.65M	$11.29M	-
C N	-	-	-	-	-	-	-	-	-	-	-	$30.44M	-	-	-	-	-	-	-	-
T W	-	-	-	-	-	-	-	-	-	-	-	$59.26M	-	-	-	-	-	-	-	-
U S	-	-	-	-	-	-	-	-	-	-	-	$40.48M	-	-	-	-	-	-	-	-
K R	-	-	-	-	-	-	-	-	-	-	-	$29.88M	-	-	-	-	-	-	-	-
J P	-	-	-	-	-	-	-	-	-	-	-	$14.31M	-	-	-	-	-	-	-	-
SINGAPORE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.69M	$6.34M	$2.59M	$2.77M	$8.72M	$1.55M
K R W	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$13.25M	$22.96M	$20.76M	-	-	-
Country Other Asia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.71M	$273.00K	$273.00K	-	-	-
Country Other Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.41M	$7.58M	$8.99M	-	-	-
GERMANY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.76M	$2.51M	$6.08M	-	-	-
Other Countries	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.60M	$2.92M	$4.74M

Onto Innovation's latest quarterly revenue breakdown by geography, as of Sep 24: TAIWAN (31.03%), KOREA, REPUBLIC OF (30.54%), CHINA (12.73%), UNITED STATES (8.71%), Southeast Asia (6.18%), Europe (5.82%), and JAPAN (4.98%).

Onto Innovation Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LRCX	Lam Research	$14.91B	$4.17B
KLAC	KLA	$9.81B	$2.84B
TER	Teradyne	$2.68B	$737.30M
UCTT	Ultra Clean	$1.73B	$540.50M
IPGP	IPG Photonics	$1.29B	$233.14M
ACLS	Axcelis	$1.13B	$256.56M
PLAB	Photronics	$892.08M	$210.98M
ONTO	Onto Innovation	$815.87M	$252.21M
ICHR	Ichor	$811.12M	$211.14M
KLIC	Kulicke and Soffa Industries	$742.49M	$181.65M
VECO	Veeco Instruments	$666.43M	$184.81M
COHU	Cohu	$636.32M	$95.34M
CAMT	Camtek	$315.38M	$97.01M
ASYS	Amtech Systems	$113.31M	$25.43M
AEHR	Aehr Test Systems	$66.22M	$13.12M

ONTO Revenue FAQ

What is Onto Innovation’s yearly revenue?

Onto Innovation's yearly revenue for 2023 was $815.87M, representing a decrease of -18.83% compared to 2022. The company's yearly revenue for 2022 was $1.01B, representing an increase of 27.42% compared to 2021. ONTO's yearly revenue for 2021 was $788.9M, representing an increase of 41.76% compared to 2020.

What is Onto Innovation’s quarterly revenue?

Onto Innovation's quarterly revenue for Q3 2024 was $252.21M, a 4.08% increase from the previous quarter (Q2 2024), and a 21.73% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $242.33M, a 5.89% increase from the previous quarter (Q1 2024), and a 27.10% increase year-over-year (Q2 2023). ONTO's quarterly revenue for Q1 2024 was $228.85M, a 4.56% increase from the previous quarter (Q4 2023), and a 14.90% increase year-over-year (Q1 2023).

What is Onto Innovation’s revenue growth rate?

Onto Innovation's revenue growth rate for the last 3 years (2021-2023) was 3.42%, and for the last 5 years (2019-2023) was 166.71%.

What are Onto Innovation’s revenue streams?

Onto Innovation's revenue streams in c 23 are Parts Revenue, Service Revenue, and Systems And Software Revenue. Parts Revenue generated $74.6M in revenue, accounting 9.14% of the company's total revenue, down -11.47% year-over-year. Service Revenue generated $57.95M in revenue, accounting 7.10% of the company's total revenue, up 4.96% year-over-year. Systems And Software Revenue generated $683.32M in revenue, accounting 83.75% of the company's total revenue, down -21.07% year-over-year.

What is Onto Innovation’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Onto Innovation was Systems And Software Revenue. This segment made a revenue of $683.32M, representing 83.75% of the company's total revenue.