Onto Innovation Sets Quarterly Revenue Record at $409.7 Million

Onto Innovation posted $409.7 million in third-quarter 2026 revenue, its highest quarterly total, as demand tied to AI-related semiconductor applications supported a sharp increase in sales. Revenue rose 88% from a year earlier. The company forecast fourth-quarter revenue of $430 million to $450 million, with the lower end of that range above the third-quarter result. Second-quarter revenue was $343 million, up 18% from the first quarter and 35% from a year earlier. Onto's backlog topped $1.1 billion, a record that provides revenue visibility into 2027. The company serves the advanced-packaging and next-generation-node markets, which are part of the AI hardware buildout. Advanced packaging brings multiple chips together in a tightly integrated assembly.

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