NYSE$ONTO
Onto Innovation Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Onto Innovation reported record Q4 revenue of $264 million, marking its sixth consecutive quarter of growth. The company achieved a GAAP gross margin of 50% and a non-GAAP gross margin of 55%. GAAP net income was $49 million, while non-GAAP net income reached $75 million. GAAP diluted EPS was $0.98, and non-GAAP diluted EPS was $1.51, exceeding guidance expectations.
Headline financials
Revenue & EPS history
Onto Innovation · Revenue · Quarterly
$264M
Forward guidance
For Q1 2025, Onto Innovation expects revenue between $260 million and $274 million, with GAAP EPS in the range of $1.14 to $1.28 and non-GAAP EPS between $1.40 and $1.54.
Tailwinds
- Continued momentum in AI packaging and advanced nodes
- New products targeting 3D interconnect and wafer inspection
- Expanding demand for power semiconductors
- Operational efficiencies improving gross margins
- Strong backlog supporting Q1 2025 revenue growth
Headwinds
- Uncertainty in semiconductor capital spending
- Potential supply chain disruptions
- Increasing competition in semiconductor inspection tools
- Macroeconomic risks impacting customer investments
- Ongoing restructuring costs affecting short-term profitability
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.5%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.8%
Avg return
30 days after
55%
35 / 64 earnings
Positive
+17.6%
Q2 2024
Best reaction
-30.2%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.0% | -5.7% | -17.0% | |
| Q4 2025 | -4.1% | -0.0% | -11.2% | |
| Q3 2025 | +5.8% | +2.9% | +19.5% | |
| Q1 2025 | -30.2% | -17.9% | -24.2% | |
| Q4 2024 | -11.2% | -19.9% | -36.9% | |
| Q3 2024 | -15.1% | -16.2% | -20.8% | |
| Q2 2024 | +17.6% | +21.8% | +8.1% | |
| Q1 2024 | +8.8% | +10.7% | +5.4% | |
| Q4 2023 | +13.6% | +6.2% | +16.8% | |
| Q3 2023 | +9.6% | +10.3% | +12.5% | |
| Q2 2023 | -7.2% | -5.5% | +8.5% | |
| Q1 2023 | +3.8% | +2.8% | +29.0% | |
| Q4 2022 | -1.7% | -0.1% | -2.0% | |
| Q3 2022 | +0.3% | +5.0% | +19.9% | |
| Q2 2022 | -7.0% | -3.4% | -17.8% | |
| Q1 2022 | +7.0% | -0.9% | +14.8% | |
| Q4 2021 | +2.9% | -3.2% | -11.6% | |
| Q3 2021 | +10.1% | +6.7% | +10.2% | |
| Q2 2021 | +8.8% | +8.4% | +9.6% | |
| Q1 2021 | -0.3% | -6.8% | +4.4% | |
| Q4 2020 | +2.5% | +1.1% | -4.2% | |
| Q3 2020 | +8.6% | +17.2% | +38.9% | |
| Q2 2020 | -1.7% | -10.6% | -18.1% | |
| Q1 2020 | +0.9% | +9.3% | +13.0% | |
| Q4 2019 | -6.4% | -5.8% | -23.2% | |
| Q3 2019 | +3.3% | +2.9% | -2.0% | |
| Q2 2019 | -13.7% | — | — | |
| Q1 2019 | -1.3% | — | — | |
| Q4 2018 | -0.9% | — | — | |
| Q3 2018 | +3.9% | — | — | |
| Q2 2018 | +5.9% | — | — | |
| Q1 2018 | -3.8% | — | — | |
| Q4 2017 | -0.5% | — | — | |
| Q3 2017 | -0.9% | — | — | |
| Q2 2017 | -0.4% | — | — | |
| Q1 2017 | -2.2% | — | — | |
| Q4 2016 | +3.5% | — | — | |
| Q3 2016 | +1.1% | — | — | |
| Q2 2016 | +0.6% | — | — | |
| Q1 2016 | -2.2% | — | — | |
| Q4 2015 | +2.0% | — | — | |
| Q3 2015 | +13.3% | — | — | |
| Q2 2015 | -13.0% | — | — | |
| Q1 2015 | -0.6% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +4.1% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | +3.0% | — | — | |
| Q1 2013 | -2.0% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | -3.7% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q1 2012 | +2.1% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2011 | -3.6% | — | — | |
| Q2 2011 | +7.7% | — | — | |
| Q1 2011 | +7.7% | — | — | |
| Q3 2010 | -3.7% | — | — | |
| Q2 2010 | +1.8% | — | — | |
| Q1 2010 | -1.2% | — | — |
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