---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002339"
form_type: "8-K"
ticker: "ONTO"
cik: "0000704532"
company_name: "ONTO INNOVATION INC."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T21:07:15.454964+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Onto Innovation reports record annual revenue $1.005B, Q4 EPS beats, guides Q1 below Q4

## Summary
- Record annual revenue of $1.005B, up 27% YoY; Q4 revenue $253M, up 12% YoY.
- Q4 GAAP EPS $1.34 (+43% YoY); non-GAAP EPS $1.57 (+28% YoY); both records.
- Full year GAAP EPS $4.49 (+57% YoY); non-GAAP EPS $5.52 (+43% YoY).
- Repurchased 846k shares for $53.7M in Q4; capital return to shareholders.
- Q1 2023 guidance: revenue ~$200M; GAAP EPS $0.54-$0.69; non-GAAP EPS $0.80-$0.95.

## SEC filing metadata
- accession: 0000950170-23-002339
- form_type: 8-K
- ticker: ONTO
- cik: 0000704532
- company_name: ONTO INNOVATION INC.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/704532/000095017023002339/0000950170-23-002339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704532/000095017023002339/onto-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002339
- JSON: https://secwatch.observer/filing/0000950170-23-002339.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002339.txt

## Key facts
- Earnings Releases
  ONTO INNOVATION INC. updated its fiscal fourth quarter and full year ended December 31, 2022 guidance (initiated).
  - Period: fiscal fourth quarter and full year ended December 31, 2022
  - Guidance: initiated
  - Result: reported results
  source text: On February 9, 2023, Onto Innovation Inc. announced in a news release its results for its fiscal fourth quarter and full year ended December 31, 2022 and other related material information (the "Earnings Release").
  evidence_url: https://www.sec.gov/Archives/edgar/data/704532/000095017023002339/0000950170-23-002339-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.