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% year-over-year from $86.0 million in Q1 2025, and up 4.57% quarter-over-quarter from $59.8 million in Q1 2026.
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.
- 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 improved to $62.5 million in Q1 2026 per ONTO's latest filing, from $59.8 million in the prior quarter.
- Across five years, Work In Process topped out at $91.7 million in Q4 2024 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Work In Process surged 35.18% — and 2026, when it tumbled 34.81%.
- Onto Innovation's Work In Process stood at $69.1 million in 2022, then fell by 1.82% to $67.8 million in 2023, then surged by 35.18% to $91.7 million in 2024, then tumbled by 40.79% to $54.3 million in 2025, then gained by 15.12% to $62.5 million in 2026.
- Business Quant data shows ONTO's Work In Process at $62.5 million in Q1 2026, $59.8 million in Q1 2026, and $54.3 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 73.13 Mn |
| 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 |