Onto Innovation (ONTO) Work In Process (2013 - 2026)
Onto Innovation (ONTO) recorded quarterly Work In Process of $62.5 million in Q1 2026, up 4.57% quarter-over-quarter from $59.8 million in Q1 2026, and down 27.29% on a YoY basis from $86.0 million in Q1 2025.
Onto Innovation (ONTO) Work In Process (2013 - 2026) Analysis & Trends
Onto Innovation's Work In Process history runs 14 years deep, the most recent figure standing at $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 was $62.5 million for Q1 2026 at Onto Innovation, up from $59.8 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $91.7 million in Q4 2024 to a low of $54.3 million in Q3 2025.
- Historically, Work In Process has averaged $71.6 million across 5 years, with a median of $70.4 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Work In Process soared 35.18% in 2024, then plunged 34.81% in 2026.
- A 5-year view of Work In Process shows it stood at $69.1 million in 2022, then retreated by 1.82% to $67.8 million in 2023, then soared by 35.18% to $91.7 million in 2024, then plunged by 40.79% to $54.3 million in 2025, then advanced by 15.12% to $62.5 million in 2026.
- The last three Work In Process figures came in at $62.5 million (Q1 2026), $59.8 million (Q1 2026), and $54.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 14,996,080.76 Bn | 14,996,065.25 Bn | 5.90 Bn |
| 2 | Lam Research | 409.52 Bn | 404.77 Bn | 2.91 Bn |
| 3 | Applied Materials | 389.06 Bn | 382.32 Bn | 3.95 Bn |
| 4 | Kla | 280.01 Bn | 275.05 Bn | 2.09 Bn |
| 5 | Teradyne | 57.58 Bn | 57.34 Bn | 780.95 Mn |
| 6 | Qnity Electronics | 30.30 Bn | 30.47 Bn | 618.00 Mn |
| 7 | Entegris | 20.39 Bn | 19.94 Bn | 380.80 Mn |
| 8 | Amkor Technology | 17.53 Bn | 15.72 Bn | 239.03 Mn |
| 9 | Onto Innovation | 13.62 Bn | 12.97 Bn | 146.39 Mn |
| 10 | Formfactor | 9.34 Bn | 9.04 Bn | 86.79 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 |