Onto Innovation (ONTO) Work In Process (2013 - 2026)
Onto Innovation's (ONTO) quarterly Work In Process came in at $73.1 million in Q2 2026, up 28.76% year-over-year from $56.8 million in Q2 2025, and up 17.02% quarter-over-quarter from $62.5 million in Q1 2026.
Analysis
Onto Innovation (ONTO) Work In Process (2013 - 2026) Analysis & Trends
Onto Innovation (ONTO) has reported Work In Process for 14 consecutive years, with $73.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Work In Process rose 28.76% year-over-year to $73.1 million in Q2 2026; TTM through Jun 2026 was $73.1 million, a 28.76% increase from a year earlier, with the FY2026 full-year figure at $59.8 million, down 34.81% from the prior year.
- Work In Process was $73.1 million for Q2 2026 at Onto Innovation, up from $62.5 million in the prior quarter.
- Over five years, Work In Process peaked at $91.7 million in Q4 2024 and troughed at $54.3 million in Q3 2025.
- A 5-year average of $71.7 million and a median of $70.4 million in 2023 frame the typical range for Work In Process.
- Across the five-year window, Work In Process jumped 35.18% in 2024 and plunged 34.81% in 2026, its largest moves.
- Over 5 years, Work In Process stood at $69.1 million in 2022, then dropped by 1.82% to $67.8 million in 2023, then soared by 35.18% to $91.7 million in 2024, then tumbled by 40.79% to $54.3 million in 2025, then soared by 34.71% to $73.1 million in 2026.
- The last three Work In Process figures came in at $73.1 million (Q2 2026), $62.5 million (Q1 2026), and $59.8 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.13 Mn |
| Mar 31, 2026 | 62.49 Mn |
| Jan 3, 2026 | 59.76 Mn |
| Sep 27, 2025 | 54.28 Mn |
| Jun 28, 2025 | 56.79 Mn |
| Mar 29, 2025 | 85.95 Mn |
| Dec 28, 2024 | 91.67 Mn |
| Sep 28, 2024 | 81.85 Mn |
| Jun 29, 2024 | 80.73 Mn |
| Mar 30, 2024 | 80.37 Mn |
| Dec 30, 2023 | 67.82 Mn |
| Sep 30, 2023 | 74.06 Mn |
| Jul 1, 2023 | 70.41 Mn |
| Apr 1, 2023 | 81.00 Mn |
| Dec 31, 2022 | 69.07 Mn |
| Oct 1, 2022 | 73.27 Mn |
| Jul 2, 2022 | 70.33 Mn |
| Apr 2, 2022 | 68.91 Mn |
| Jan 1, 2022 | 60.42 Mn |
| Sep 25, 2021 | 54.82 Mn |