Below are the financial statements of Onto Innovation, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 987.32a | 815.87a | 1,005.18a |
| Cost of revenue | -472.01a | -395.61a | -465.96a |
| Gross profit | 515.31a | 420.25a | 539.22a |
| Operating expenses | — | — | — |
| Research and development | -116.77a | -104.44a | -111.95a |
| Sales and marketing | -76.16a | -61.77a | -65.69a |
| General and administrative | -85.85a | -83.15a | -69.58a |
| Amortization | -49.44a | -54.82a | -55.28a |
| Total operating expenses | -328.21a | -304.18a | -302.51a |
| Operating income | 187.1a | 116.08a | 236.71a |
| Interest income, net | 33.49a | 20.36a | 5.01a |
| Other expense, net | -0.15a | -3.85a | -0.14a |
| Income before provision for income taxes | 220.45a | 132.58a | 241.58a |
| Provision for income taxes | -18.78a | -11.42a | -18.25a |
| Net income | 201.67a | 121.16a | 223.33a |
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