Onto Innovation

Onto Innovation

Semiconductor process-control metrology and inspection equipment

Overview

Company Does Not Provide H1B Sponsorship

Onto Innovation provides semiconductor capital equipment and software for process control, metrology, and inspection. Its tools include 3D metrology, macro defect inspection, unpatterned wafer quality assessment, and factory analytics software for front-end fabs, advanced packaging, and specialty manufacturers. It differentiates itself by delivering end-to-end process control across front-end and back-end with integrated hardware and analytics, built from the Nanometrics and Rudolph merger and focused on complex architectures like chiplets and heterogeneous integration. Its goal is to help chipmakers increase device yield, boost productivity, and lower total production costs, aligning with AI infrastructure spending and advanced-node development.

Funded Recently

About Onto Innovation

Simplify's Rating
Why Onto Innovation is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Hardware

Industrial & Manufacturing

Enterprise Software

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Wilmington, Massachusetts

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue reached $291.9 million, and management guides above 30% growth.
  • A $240 million HBM supply agreement provides visibility through 2027.
  • $1.3 billion zero-coupon notes fund Rigaku, buybacks, and strategic flexibility.

What critics are saying

  • AI packaging demand now drives results; any HBM slowdown hits growth immediately.
  • Dragonfly G5 remains a fresh qualification win, risking delays or weak production ramps.
  • Minority ownership in Rigaku leaves Onto dependent on another company's execution.

What makes Onto Innovation unique

  • Onto unifies inspection, metrology, lithography, and software across semiconductor process control.
  • Dragonfly G5 targets 2.5D advanced packaging and AI-chip workflows specifically.
  • Rigaku partnership adds X-ray capabilities to Onto's optical metrology and analytics stack.

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Funding

Total Funding

$1.4B

Above

Industry Average

Funded Over

2 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Wellness Program

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Yahoo Finance
Apr 10th, 2026
2 overlooked AI chip equipment stocks: Onto Innovation secures $240M HBM order, AIXTRON eyes optical comms growth

Onto Innovation, a $10 billion semiconductor inspection equipment company, reported full-year 2025 revenue of $1.005 billion with 1.8% year-on-year growth and secured a $240 million purchase agreement for its Dragonfly G3 inspection system from a high-bandwidth memory manufacturer. First-quarter 2026 guidance projects revenue of $275-285 million with gross margin expansion to 54.6-55.6%. AIXTRON experienced a 12% year-on-year revenue decline in 2025 due to power electronics overcapacity, but management expects growth from optoelectronics products for AI optical communications and gallium nitride power semiconductors. Both companies are positioned to benefit from global AI capital expenditure driving semiconductor equipment demand, particularly for advanced packaging, high-bandwidth memory production and optical communications infrastructure for data centres.

EDGAR Online
Mar 6th, 2026
RUDOLPH TECHNOLOGIES INC (Form: S-1, Received: 09/09/1999 17:15:42)

Rudolph Technologies, Inc. One Rudolph Road Flanders, NJ 07836 (973) 691-1300 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices)

Onto Innovation
Mar 6th, 2026
Combination of Nanometrics and Rudolph Technologies to Create Onto Innovation

MILPITAS, Calif. and WILMINGTON, Mass. – October 15, 2019 – Nanometrics Incorporated (NASDAQ: NANO) and Rudolph Technologies, Inc. (NYSE: RTEC), today announced that their combined company will be named Onto Innovation Inc., following the close of their previously announced merger of equals. The name Onto Innovation reflects the combined company’s anticipated focus on the future and exciting challenges ahead, highlighting the increasing importance of innovation in enabling that future for the co

Yahoo Finance
Mar 2nd, 2026
Onto Innovation sees 100% revenue surprise in Japan, international sales drive Q4 growth

Onto Innovation, a semiconductor manufacturing equipment maker, reported total revenue of $266.87 million for the quarter ending December 2025, up 1.1% year over year. International markets played a significant role in the company's performance. Taiwan generated $91.33 million, representing 34.2% of total revenue and exceeding analyst expectations by 7.52%. Japan contributed $37.28 million (14% of revenue), nearly doubling Wall Street projections with a 99.98% surprise. Southeast Asia accounted for $20.17 million (7.6% of revenue), surpassing analyst estimates by 38.12%. The company's extensive international presence demonstrates its reliance on overseas markets, with these three regions alone contributing over half of total quarterly revenue. International operations provide diversification benefits whilst exposing the company to currency fluctuations and geopolitical risks.

Business Wire
Jan 6th, 2026
Onto Innovation to Participate in 28th Annual Needham Growth Conference

Onto Innovation to participate in 28th Annual Needham Growth Conference. WILMINGTON, Mass.-(BUSINESS WIRE)-Onto Innovation Inc. (NYSE: ONTO) ("Onto Innovation," "Onto," or the "Company") today announced that Michael Plisinski, chief executive officer, and Brian Roberts, chief financial officer, will participate in the upcoming 28th Annual Needham Growth Conference, taking place at the Lotte New York Palace Hotel on January 13-14, 2026. Michael Plisinski will participate in a "fireside chat" at 11:45 a.m. ET on Tuesday, January 13. Investors are invited to join the live webcast of the presentation, which can be accessed on the Company's website at investors.ontoinnovation.com. Onto Innovation will be accessible for one-on-one meetings on January 13 and 14. Any material utilized for the conference, as well as the archived webcast of the presentation, will be made available for one year on the investor relations page of Onto's website at investors.ontoinnovation.com. To schedule a meeting, please contact your Needham salesperson. Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: Un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain combined with our connected thinking approach results in a unique perspective to help solve our customers' most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers' critical path of progress by making them smarter, faster and more efficient. With headquarters and manufacturing in the U.S., Onto Innovation supports customers with a worldwide sales and service organization. Additional information can be found at www.ontoinnovation.com.

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