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
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