Onto Innovation (ONTO) Work In Process (2013 - 2026)
Onto Innovation (ONTO) posted quarterly Work In Process of $62.5 million for Q1 2026, down 27.29% YoY from $86.0 million in Q1 2025, and up 4.57% sequentially from $59.8 million in Q1 2026.
Onto Innovation (ONTO) Work In Process (2013 - 2026) Analysis & Trends
Onto Innovation has disclosed Work In Process across 14 years of filings, most recently posting $62.5 million for Q1 2026.
- In Q1 2026, Work In Process fell 27.29% year-over-year to $62.5 million; the TTM figure through Mar 2026 stood at $62.5 million (down 27.29% YoY), while the FY2026 annual figure was $59.8 million, down 34.81% from the prior year.
- Work In Process climbed to $62.5 million in Q1 2026, from $59.8 million in the prior quarter.
- Over the last five years, Work In Process for ONTO reached as high as $91.7 million in Q4 2024 and fell as low as $54.3 million in Q3 2025.
- The 5-year median for Work In Process is $70.4 million (2022), against an average of $71.6 million.
- Annual changes were most pronounced in 2024 — Work In Process surged 35.18% — and 2026, when it sank 34.81%.
- A 5-year view of Work In Process shows it stood at $69.1 million in 2022, then declined by 1.82% to $67.8 million in 2023, then jumped by 35.18% to $91.7 million in 2024, then plunged by 40.79% to $54.3 million in 2025, then rose by 15.12% to $62.5 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $62.5 million, $59.8 million, and $54.3 million for Q1 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn |
| 10 | Onto Innovation | 17.59 Mn | -636.57 Mn | 146.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 26, 2021 | 54.71 Mn |