ONTONYSEMeasuring & Controlling Devices, NECUS GAAP · USD

Onto Innovation Inc

Onto Innovation Inc. designs and sells process control systems used in semiconductor device manufacturing. Its portfolio includes metrology, inspection, lithography, software, and related services sold to chipmakers and semiconductor equipment customers, primarily from the United States with global operations and customer support.

Liikevaihto1 005milj. USD
Liikevoitto (EBIT)133milj. USD
EBIT-marginaali13,2%
Nettotulos137milj. USD
+99 900,0 %v/v
Vapaa kassavirta300milj. USD

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−25002505007501 0001 250milj. USD2021: 789 milj. USD2021: EBIT 156 milj. USD20212022: 789 milj. USD2022: EBIT −156 milj. USD20222023: 816 milj. USD2023: EBIT 116 milj. USD20232024: 987 milj. USD2024: EBIT 187 milj. USD202420252026: 1 005 milj. USD2026: EBIT 133 milj. USD20261 005133
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Metrology systems40 %

Measurement tools used to monitor semiconductor process dimensions and film properties.

Inspection systems25 %

Defect inspection tools used to identify yield-limiting issues in wafer fabrication.

Lithography and patterning tools15 %

Systems and related products used in advanced packaging and pattern transfer applications.

Software and licensing8 %

Software products and licenses that support process control and data analysis.

Parts, services, and upgrades12 %

Spare parts, maintenance contracts, system upgrades, and billable service work.

Tuotteet

Raportoitu · osuus liikevaihdosta
84,3%8,4%FY2026100 %
  • Systems and Software Revenue84,3 %
  • Parts Revenue8,4 %
  • Service Revenue7,3 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Onto Innovation sells primarily to semiconductor device manufacturers, including customers in DRAM, NAND, specialty devices, and advanced packaging. It also serves semiconductor capital equipment customers that integrate its metrology systems into broader fabrication workflows. Revenue is typically concentrated among a small number of large customers because chip manufacturing is capital-intensive and highly concentrated.

Semiconductor device manufacturers

Buy metrology, inspection, and lithography-related systems to improve yield and process control.

Memory chip makers

DRAM and NAND producers purchase metrology systems for high-volume process monitoring.

Specialty and advanced packaging customers

Buy inspection and lithography-related products for niche process steps and packaging flows.

Installed base customers

Purchase spare parts, maintenance, service contracts, and system upgrades to support existing tools.

Strategia

The company focuses on strengthening its position in core semiconductor process-control markets through new and enhanced products. It also emphasizes serving high-value end markets such as DRAM, NAND, and advanced packaging, where precision measurement and inspection are critical. Maintaining customer relationships, expanding product capability, and supporting global service needs are central to its competitive approach.

Product developmentKeskipitkä aikaväli

New metrology and inspection tools are needed to keep pace with semiconductor technology nodes.

Core market penetrationLyhyt aikaväli

Winning share in existing semiconductor process-control markets supports customer concentration and scale.

Installed base monetizationKeskipitkä aikaväli

Parts, service, and upgrades extend customer relationships and support recurring revenue streams.

Maantiede

Q1/2026

Onto Innovation is headquartered in the United States and sells into a global semiconductor manufacturing base. Its business is exposed to export controls and tariffs, especially in China, because semiconductor equipment is subject to trade restrictions and licensing requirements. Global support and service capabilities matter because customers operate multinational fabs and expect rapid field support.

Taiwan31 %
Etelä-Korea25 %
USA22 %
Kina10 %
Japan6,1 %
Europe6,0 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Onto Innovation is exposed to customer concentration, cyclical semiconductor capital spending, and intense competition from larger process-control vendors. Its business also faces trade restrictions, tariffs, supply-chain disruptions, and execution risk in product development and manufacturing. Because its systems are technically complex and embedded in customer fabs, product defects, delayed shipments, or weak new-product adoption can quickly affect sales and market share.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Export controls and trade restrictions2Product development execution3Competitive pressure4Supply chain and manufacturing disruption5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of large semiconductor customers account for a substantial portion of revenue.

    KohdistuuLarge ordersDelaysOr cancellations can materially reduce revenueCash flow
  2. Export controls and trade restrictionsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    U.S. semiconductor technology rules limit sales and service in China and other markets.

    Kohdistuu: China-related shipments and support are constrained by licensing requirements.

  3. Product development executionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company must continuously launch new and enhanced tools to stay relevant.

    Kohdistuu: Weak adoption or delayed launches can reduce sales and market share.

  4. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The market includes larger and well-capitalized competitors with broad installed bases.

    KohdistuuPricingDiscountsWin rates can be affected by KLANovaCamtekOthers
  5. Supply chain and manufacturing disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company relies on third-party manufacturing and a complex component supply chain.

    KohdistuuDelaysShortagesOr quality issues can affect shipmentsMargins

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

System sales, software licenses, services, and spare parts may recognize revenue at different points.

Vaikutus: Can shift revenue between quarters depending on shipment and acceptance timing.

Inventory valuation

Demand forecasting and product obsolescence are important in semiconductor equipment.

Vaikutus: Excess or obsolete inventory reserves can affect gross profit.

Contingent liabilities and litigation

Management cites litigation and other uncertainties as judgmental areas.

Vaikutus: Provision changes can affect operating expenses and earnings.

Goodwill and intangible assets

Acquisitions and technology assets require ongoing impairment assessment.

Vaikutus: Impairment charges could materially reduce reported earnings.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Onto Innovation Inc (NYSE) – Measuring & Controlling Devices, NEC | Analyysi – Clarifo