Onto Innovation Q4 revenue slightly misses analyst expectations

Onto Innovation

19/02/2026 21:37

Overview

Semiconductor equipment firm's Q4 revenue slightly missed analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Outlook

Onto Innovation expects Q1 2026 revenue of $275 mln to $285 mln

Company forecasts Q1 2026 GAAP EPS of $0.74 to $0.84

Onto Innovation anticipates Q1 2026 non-GAAP EPS of $1.26 to $1.36

Result Drivers

ACQUISITION IMPACT - Completed acquisition of Semilab International's product lines contributed to revenue growth

DRAGONFLY SHIPMENTS - Shipped next-generation Dragonfly systems to multiple customers for evaluation, supporting revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$266.87 mln
$267.03 mln (7 Analysts)
Q4 Adjusted EPS
Miss
$1.26
$1.28 (7 Analysts)
Q4 EPS
$0.21
Q4 Net Income
$10.53 mln
Q4 Gross Margin
46.40%
Q4 Operating Income
$13.86 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for Onto Innovation Inc is $227.50, about 3.4% above its February 18 closing price of $220.00

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nBw1F7P7pa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)