Onto Innovation Inc.
ONTOQ3 2025(ONTO Q2 FY2025)Estimated13% AI
AI Revenue %
13%
AI Fair Value
$645.5M
AI Revenue (Q)
$61.3M
Total Revenue (Q)
$471.2M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2025 revenue was $253.6M. Korea ($82.7M) + Taiwan ($65.6M) = $148.3M (58% of revenue, down from 73% in Q1). Systems and software dropped to 84%. Significant restructuring charges of $22.4M in Q2 (vs. $1.3M in Q2 FY2024) and inventory write-downs ($18M H1 provision vs. $3.9M in H1 FY2024) suggest the company is exiting lithography product lines and refocusing. H1 FY2025 Customer A 22%, Customer B 18%, Customer C 17%. The geographic mix shift away from Korea/Taiwan suggests slightly lower AI inspection concentration. Revenue was flat YoY (+5%). Estimate 13% — slightly below Q1 as geographic mix moderated.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $253,597K for three months ended June 28, 2025
10-Q filed for period ending June 28, 2025
Korea $82,650K, Taiwan $65,616K for Q2 (58% combined)
10-Q filed for period ending June 28, 2025, Note 15
H1 Customer A 22%, Customer B 18%, Customer C 17%
10-Q filed for period ending June 28, 2025, Note 15
Restructuring and other $22,415K in Q2 FY2025 (vs. $1,324K Q2 FY2024); Inventory provision $18,060K H1 (vs. $3,941K H1 FY2024)
10-Q filed for period ending June 28, 2025
AI Products Identified (Ring 1)
Dragonfly inspection systemsAdvanced packaging inspection/metrology
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Optical metrology for advanced nodesPanel-level packaging lithography
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix