Onto Innovation Inc.
Onto Innovation Announces Strategic Collaboration with Rigaku
Summary
Onto Innovation Inc. reported its first quarter 2026 financial results, highlighting a record quarterly revenue of $292 million, a 9.5% year-over-year increase. The company also announced a strategic collaboration with Rigaku, where Onto Innovation will purchase a 27% ownership stake in Rigaku for approximately $710 million, expected to close in the second half of 2026. This partnership aims to combine their strengths to deliver new capabilities and address customers' challenges. The company expects second quarter 2026 revenue between $320 million and $330 million, with non-GAAP diluted earnings per share between $1.65 and $1.73.
Profitelligence Alerts
Get alerts for ONTO
Be first to know when Onto Innovation Inc. files with the SEC.
Filing Categories
Advertisement
About Onto Innovation Inc.
Onto Innovation Inc. is a leading company specializing in the development and provision of comprehensive metrology and inspection solutions for the semiconductor industry. Its primary function is to provide advanced analysis tools that ensure semiconductor manufacturers maintain high levels of quality and performance in their products. Onto Innovation's technology enables precise measurements and inspections, critical in the production of various electronic components including memory devices, logic chips, and power management systems. Notable for its cutting-edge technology, Onto Innovation’s systems are pivotal in the fabrication of nanoscale devices. The company serves a wide market including foundries, integrated device manufacturers (IDMs), and research institutions, impacting sectors such as consumer electronics, automotive, and telecommunications. With an ongoing evolution in electronics and the push for miniaturization, Onto Innovation plays a crucial role. In the financial market, Onto Innovation Inc. stands out as a key player in the semiconductor supply chain, known for its innovation and contributions to the emerging trends in semiconductor technology. Its market significance is underscored by its ability to adapt to the fast-paced advancements in the semiconductor industry, making it a critical enabler of future technological advancements.
Official SEC Documents
Advertisement