Onto Innovation’s Revenue Breakdown Worldwide (2016-2022)

This chart shows Onto Innovation’s Revenue Breakdown Worldwide, across China, Europe, Japan, South Korea, Southeast Asia, Taiwan and the US.

Onto Innovation’s Revenue Breakdown Worldwide

(All figures in millions, except percentages)

The company’s total revenue increased from $126.49 million in Q3 2020 to $200.59 million in Q3 2021, indicating a 58.57% growth on a year-on-year basis. The revenue in Q3 2021 increased by 3.72% on quarterly basis i.e. from $193.39 million in Q2 2021 to $200.59 million in Q3 2021.

The company generates revenue from the following regions:

China

In Q3 2021, Onto Innovation earned $30.44 million from this region, comprising 15.18% of their quarterly revenue. In Q2 2021, this region’s revenue was $42.27 million with their proportion of the quarterly total revenue standing at 21.86%. There is a 4.61% yearly decrease in revenue as compared to $31.91 million in Q3 2020. On a quarterly basis, the revenue decreased by 27.98%, as compared to $42.27 million in Q2 2021.

Europe

In Q3 2021, Onto Innovation earned $16.69 million from this region comprising 8.32% of their quarterly total. In Q2 2021, this region’s revenue was $14.45 million with their proportion of the quarterly total revenue standing at 7.47%. There is a 37.14% increase in revenue as compared to $12.17 million in Q3 2020. On a quarterly basis, the revenue increased by 15.5%, as compared to $14.45 million in Q2 2021.

Japan

In Q3 2021, Onto Innovation earned $14.31 million from this region, comprising 7.13% of their quarterly total. In Q2 2021, this region’s revenue was $17.39 million, with their proportion of the quarterly total revenue standing at 8.99%. There is a 4.45% increase in revenue on a yearly basis, as compared to $13.70 million in Q3 2020. On a quarterly basis, the revenue declined by 17.71%, as compared to $17.39 million in Q2 2021.

South Korea

On breaking down the revenue based on geographic locations, South Korea is Onto Innovation’s largest consumer market. In the latest quarter, South Korea contributed a massive $59.26 million i.e. 29.54% of their total quarterly revenue. On a quarterly basis, the revenue increased by 43.48%, as compared to $41.30 million in Q2 2021. On a year-on-year basis, the the revenue inclined by a massive 97.33%, as compared to $30.03 million in Q3 2020.

Southeast Asia

In Q3 2021, Onto Innovation earned $9.54 million from this region, comprising 4.75% of their quarterly total. In Q2 2021, this region’s revenue was $3.78 million, with their proportion of the quarterly total revenue standing at 1.96%. Quarterly, the revenue increased by 152.3%. There is a 1.49% increase in revenue on a yearly basis, as compared to $9.40 million in Q3 2020.

Taiwan

In Q3 2021, Onto Innovation earned $29.88 million from this region comprising 14.89% of their quarterly total. In Q2 2021, this region’s revenue was $48.50 million, with their proportion of the quarterly total revenue standing at 25.08%. There is a 125.51% yearly increase in revenue as compared to $13.25 million in Q3 2020. Quarterly, the revenue decreased by 38.39%, as compared to $48.50 million in Q2 2021.

United States

The second-largest consumer market of Onto Innovation is the United States. Though the scale of revenue contributed is lower in comparison to that of South Korea, this region’s revenue contribution in the latest quarter was $40.48 million, which is 20.18% of that quarter’s total revenue. In Q3 2020, States’ revenue was $16.04 million being 12.68% of the quarterly total which implies that there was an increase in Q3 2021 in States’ contributing ratio which stood at 20.18%. Compared to Q2 2021, there has been a 57.51% increase in revenue earned from this region, amounting to $25.70 million.

About Onto Innovation

Onto Innovation (ONTO) is a global leader in the design, development, production, and support of process control tools, lithography systems, and process control analytical software used by bare silicon wafer makers, semiconductor wafer fabricators, and advanced packaging manufacturers. The products are also used in the manufacturing of light-emitting diodes (“LEDs”), vertical-cavity surface-emitting lasers (“VCSELs”), micro-electromechanical systems (“MEMS”), CMOS image sensors (“CIS”), compound semiconductor (SiC and GaN) power devices, data storage, and certain industrial and scientific applications, RF filters and modules.

A portfolio of independent systems covers optical metrology, macro-defect inspection, package lithography, probe card test and analysis, as well as transparent and opaque thin film measurements. Onto Innovation provides process and yields management solutions used in bare silicon wafer production and wafer processing facilities, also known as “front-end” manufacturing, and advanced packaging of chips and test facilities, also known as “back-end” manufacturing. Critical dimensions, device structures, topography, shape, and diverse thin film compositions, including three-dimensional features and film thickness, as well as optical, electrical, and material properties, are all measured by automated and integrated metrology systems.

Did you like Onto Innovation’s Revenue Breakdown Worldwide statistic?

Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.

You can get started here.