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% on a QoQ basis from $59.8 million in Q1 2026, and down 27.29% YoY from $86.0 million in Q1 2025.

Onto Innovation (ONTO) Work In Process (2013 - 2026) Analysis & Trends

Onto Innovation (ONTO) has reported Work In Process for 14 consecutive years, with $62.5 million the latest figure, recorded in Q1 2026.

  • Work In Process for Q1 2026 came in at $62.5 million, down 27.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $62.5 million (down 27.29% YoY), and the FY2026 annual result was $59.8 million, down 34.81% from the prior year.
  • Work In Process for Q1 2026 stood at $62.5 million, up from $59.8 million in the prior quarter.
  • The five-year high for Work In Process was $91.7 million in Q4 2024, with the low at $54.3 million in Q3 2025.
  • A 5-year average of $71.6 million and a median of $70.4 million in 2022 frame the typical range for Work In Process.
  • Across the five-year window, Work In Process surged 35.18% in 2024 and tumbled 34.81% in 2026, its largest moves.
  • Onto Innovation's Work In Process 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 slumped by 40.79% to $54.3 million in 2025, then rose 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 636.08 Bn 620.57 Bn 5.90 Bn
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn
10 Formfactor 8.32 Bn 8.14 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