Onto Innovation Q2 FY26 net income rises 77.3% to $60.1 million; revenue increases 35.3% to $343.1 million
ONTO•ONTO•ONTO•ONTO•Onto Innovation posted Q2 2026 net income of $60.1 million, up 77.29% year over year, with diluted EPS rising to $1.21.
Revenue climbed 35.3% from a year earlier to $343.1 million, while gross margin widened 5.2 percentage points to 53.4%.
Non-GAAP diluted EPS increased to $1.93 from $1.25, with non-GAAP operating margin expanding 4.1 percentage points to 30%.
Advanced Nodes revenue grew 50% sequentially, while Specialty Devices and Advanced Packaging revenue hit an all-time high.
Backlog topped $1 billion for the first time; Q3 revenue forecast at $380 million-$400 million, with GAAP EPS of $1.54-$1.70.
