---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017434"
form_type: "8-K"
ticker: "ONTO"
cik: "0000704532"
company_name: "ONTO INNOVATION INC."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:42:38.856509+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Onto Innovation Q1: Record revenue $241M (+43% YoY), EPS $1.07 beats guidance

## Summary
- Record revenue $241M (+43% YoY); GAAP EPS $1.07, non-GAAP EPS $1.31, both above guidance.
- Net income $53.3M (+121% YoY); gross margin 54%, operating margin 24% GAAP / 31% non-GAAP.
- Advanced Nodes rev $100M (+42%); Specialty & Advanced Packaging $100M (+58%); Software & Services $41M (+17%).
- Cash $542M (+$30.6M QoQ); working capital $847.6M; AR $206.7M, inventory $263M.
- Q2 guidance: rev $234-248M, GAAP EPS $0.90-1.09, non-GAAP EPS $1.16-1.35; supply chain headwinds persist.

## SEC filing metadata
- accession: 0001564590-22-017434
- form_type: 8-K
- ticker: ONTO
- cik: 0000704532
- company_name: ONTO INNOVATION INC.
- filed_at: 2022-05-03T23:59:59+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/704532/000156459022017434/0001564590-22-017434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704532/000156459022017434/onto-8k_20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017434
- JSON: https://secwatch.observer/filing/0001564590-22-017434.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017434.txt

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