---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-035448"
form_type: "8-K"
ticker: "ONTO"
cik: "0000704532"
company_name: "ONTO INNOVATION INC."
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:23:19.791382+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Onto Innovation Q3 revenue $254M (+27% YoY); GAAP EPS $1.05, non-GAAP $1.35; guides Q4 revenue $244-256M

## Summary
- Revenue $254M (+27% YoY); gross margin 55%; GAAP operating income $59M; non-GAAP operating income $78M.
- GAAP diluted EPS $1.05 (+44% YoY); Non-GAAP diluted EPS $1.35 (+38% YoY).
- Q4 guidance: revenue $244-256M; GAAP EPS $0.97-1.12; non-GAAP EPS $1.25-1.40.
- Repurchased 171,900 shares for $11.5M in September; returned capital to shareholders.
- Process control revenue from compound semiconductor +25% QoQ; advanced node revenue record +17% QoQ.

## SEC filing metadata
- accession: 0001564590-22-035448
- form_type: 8-K
- ticker: ONTO
- cik: 0000704532
- company_name: ONTO INNOVATION INC.
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/704532/000156459022035448/0001564590-22-035448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704532/000156459022035448/onto-8k_20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-035448
- JSON: https://secwatch.observer/filing/0001564590-22-035448.json
- Plain text: https://secwatch.observer/filing/0001564590-22-035448.txt

## Key facts
- Earnings Releases
  ONTO INNOVATION INC. reported the third quarter of 2022 results: revenue Revenue of $254 million, net income Net income of $52 million, EPS GAAP diluted earnings per share of $1.05.
  - Period: the third quarter of 2022
  - Revenue: Revenue of $254 million
  - Net income: Net income of $52 million
  - EPS: GAAP diluted earnings per share of $1.05
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- onto-ex991_7.htm Exhibit 99.1 Onto Innovation Announces Third Quarter 2022 Results Revenue of $254 million, resulting in 27% growth over the same period last year Net income of $52 million, resulting in 43% growth over the same period last year Wilmington, Mass ., October 27, 2022 –
  evidence_url: https://www.sec.gov/Archives/edgar/data/704532/000156459022035448/0001564590-22-035448-index.htm

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