For the quarter ended June 2026, Onto Innovation (ONTO) reported revenue of $343.13 million, up 35.3% over the same period last year. EPS came in at $1.93, compared to $1.25 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $325.6 million, representing a surprise of +5.38%. The company delivered an EPS surprise of +14.88%, with the consensus EPS estimate being $1.68.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Onto Innovation performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenue- South Korea: $100.61 million versus $81.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +21.7% change.
  • Geographic Revenue- China: $14.71 million compared to the $26.93 million average estimate based on two analysts. The reported number represents a change of -15.2% year over year.
  • Geographic Revenue- Japan: $9.48 million versus the two-analyst average estimate of $32.78 million. The reported number represents a year-over-year change of -71.9%.
  • Geographic Revenue- Taiwan: $106.41 million compared to the $101.27 million average estimate based on two analysts. The reported number represents a change of +62.2% year over year.
  • Geographic Revenue- United States: $84.37 million versus $43.92 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +206.2% change.
  • Revenue- Systems and software: $294.04 million versus $272.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +37.1% change.
  • Revenue- Service: $20.38 million versus $24 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.9% change.
  • Revenue- Parts: $28.71 million versus $30.13 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +44.7% change.

View all Key Company Metrics for Onto Innovation here>>>

Shares of Onto Innovation have returned -5.3% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

Onto Innovation Inc. (ONTO): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research