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
DateValue
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