Onto Innovation (ONTO) Operating Expenses (2010 - 2026)
Onto Innovation's (ONTO) quarterly Operating Expenses came in at $119.7 million in Q2 2026, up 33.19% year-over-year from $89.9 million in Q2 2025, and up 6.05% quarter-over-quarter from $112.9 million in Q1 2026.
Analysis
Onto Innovation (ONTO) Operating Expenses (2010 - 2026) Analysis & Trends
Onto Innovation (ONTO) has reported Operating Expenses for 17 consecutive years, with $119.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 33.19% year-over-year to $119.7 million in Q2 2026; TTM through Jun 2026 was $429.4 million, a 25.12% increase from a year earlier, with the FY2026 full-year figure at $366.8 million, up 11.77% from the prior year.
- Operating Expenses was $119.7 million for Q2 2026 at Onto Innovation, up from $112.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $119.7 million in Q2 2026 and troughed at $72.3 million in Q2 2022.
- A 5-year average of $85.2 million and a median of $79.6 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses decreased 8.42% in 2023 and surged 40.92% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $76.0 million in 2022, then rose by 4.9% to $79.7 million in 2023, then advanced by 12.81% to $89.9 million in 2024, then retreated by 3.35% to $86.9 million in 2025, then soared by 37.69% to $119.7 million in 2026.
- The last three Operating Expenses figures came in at $119.7 million (Q2 2026), $112.9 million (Q1 2026), and $109.9 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 965.25 Mn |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 1.51 Bn |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 690.50 Mn |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 282.00 Mn |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 119.70 Mn |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 67.98 Mn |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 39.48 Mn |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 84.88 Mn |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 89.68 Mn |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 70.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 119.70 Mn |
| Mar 31, 2026 | 112.88 Mn |
| Jan 3, 2026 | 109.93 Mn |
| Sep 27, 2025 | 86.94 Mn |
| Jun 28, 2025 | 89.88 Mn |
| Mar 29, 2025 | 80.10 Mn |
| Dec 28, 2024 | 89.95 Mn |
| Sep 28, 2024 | 83.31 Mn |
| Jun 29, 2024 | 79.40 Mn |
| Mar 30, 2024 | 75.55 Mn |
| Dec 30, 2023 | 79.74 Mn |
| Sep 30, 2023 | 72.85 Mn |
| Jul 1, 2023 | 75.65 Mn |
| Apr 1, 2023 | 75.94 Mn |
| Dec 31, 2022 | 76.01 Mn |
| Oct 1, 2022 | 79.54 Mn |
| Jul 2, 2022 | 74.68 Mn |
| Apr 2, 2022 | 72.28 Mn |
| Sep 25, 2021 | 66.23 Mn |
| Jun 26, 2021 | 69.52 Mn |