ONTO INNOVATION INC.
For the period ended Mar 31, 2026. Filed May 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
ONTO$173.28+11.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Item No. · Page | ||
|---|---|---|
| PART I FINANCIAL INFORMATION | ||
| Item 1. | Financial Statements (unaudited) | 1 |
| Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and March 29, 2025 | 1 | |
| Condensed Consolidated Statements of Comprehensive Income for the three months ended March 31, 2026 and March 29, 2025 | 2 | |
| Condensed Consolidated Balance Sheets at March 31, 2026 and January 3, 2026 | 3 | |
| Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and March 29, 2025 | 4 | |
| Condensed Consolidated Statements of Stockholders’ Equity for the three months ended March 31, 2026 and March 29, 2025 | 5 | |
| Notes to Condensed Consolidated Financial Statements | 6 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 17 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 23 |
| Item 4. | Controls and Procedures | 23 |
| PART II OTHER INFORMATION | ||
| Item 1. | Legal Proceedings | 24 |
| Item 1A. | Risk Factors | 24 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 24 |
| Item 3. | Defaults Upon Senior Securities | 25 |
| Item 4. | Mine Safety Disclosures | 25 |
| Item 5. | Other Information | 25 |
| Item 6. | Exhibits | 26 |
Signatures
PART I FINANCIAL INFORMATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| March 31, | March 29, | |
| 2026 | 2025 | |
| Revenue | $291,949 | $266,607 |
| Cost of revenue | 145,560 | 123,374 |
| Gross profit | 146,389 | 143,233 |
| Operating expenses: | ||
| Research and development | 35,098 | 28,030 |
| Sales and marketing | 21,459 | 19,716 |
| General and administrative | 31,409 | 22,785 |
| Amortization | 19,700 | 8,445 |
| Restructuring and other | 5,209 | 1,123 |
| Total operating expenses | 112,875 | 80,099 |
| Operating income | 33,514 | 63,134 |
| Other income, net | ||
| Interest income, net | 5,102 | 9,266 |
| Foreign currency exchange losses | (461) | (762) |
| Other (expense) income, net | (103) | 19 |
| Total other income, net | 4,538 | 8,523 |
| Income before provision for income taxes | 38,052 | 71,657 |
| Provision for income taxes | 4,302 | 7,562 |
| Net income | $33,750 | $64,095 |
| Earnings per share: | ||
| Basic | $0.68 | $1.30 |
| Diluted | $0.67 | $1.30 |
| Weighted average number of shares outstanding: | ||
| Basic | 49,742 | 49,180 |
| Diluted | 50,004 | 49,408 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.