Onto Innovation Q1 2025 Earnings Report
Key Takeaways
Onto Innovation achieved record quarterly revenue of $267 million in Q1 2025, driven by significant growth in advanced nodes. The company also reported strong GAAP and non-GAAP financial results, including record cash from operations.
Record quarterly revenue of $267 million, marking the seventh consecutive quarter of growth.
Advanced nodes revenue doubled quarter-over-quarter, showing strength in leading-edge DRAM, NAND, and gate-all-around devices.
Non-GAAP diluted earnings per share of $1.51 exceeded GAAP diluted earnings per share of $1.30.
Record cash from operations of $92 million, representing 35% of revenue.
Onto Innovation
Onto Innovation
Forward Guidance
For the second fiscal quarter ending June 28, 2025, the company expects revenue between $240 million and $260 million, GAAP diluted EPS between $0.99 and $1.13, and non-GAAP diluted EPS between $1.21 and $1.35.