Onto Innovation Reports 2026 Third Quarter Results
Business Wire•09/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $409.7 million, up 87.8% year over year
- ➤Q3 non-GAAP diluted EPS $2.44, exceeding high-end guidance
- ➤Q4 revenue outlook $430 million to $450 million
- ➤2026 revenue growth expected to exceed 45% year over year
- ➤Backlog increased to more than $1.3 billion
Expert Statements
Mike Plisinski, Chief executive officer of Onto Innovation
“Our outstanding results this quarter reflect excellent execution by our team and continued strength in the markets we serve.”
Mike Plisinski, Chief executive officer of Onto Innovation
“Demand remains robust as increasingly complex device architectures for next-generation AI and high-performance computing drive greater process control requirements.”
Mike Plisinski, Chief executive officer of Onto Innovation
“The momentum across our business, combined with the strength of our backlog, which increased in the quarter to more than $1.3 billion, and visibility into our customer investment plans extending out multiple years, gives us increased confidence in the durability of these demand trends.”
Mike Plisinski, Chief executive officer of Onto Innovation
“We expect to finish 2026 with revenue growth exceeding 45% year over year and believe we are well-positioned for a strong 2027.”
Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the third quarter of 2026.
* Record quarterly revenue of $410 million, an increase of 88% as compared to third quarter of 2025, and an increase of 19% sequentially, with revenue, operating margin and earnings per share all exceeding the high end of previously announced non-GAAP guidance ranges.
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