# ONTO INNOVATION INC. (ONTO) FY2022 Annual P&L / Income Statement

- Company: ONTO INNOVATION INC. (ONTO)
- Period: 2023-01-01 to 2023-12-30
- Filing: FY2022 10-K, filed 2024-02-26, accession number 0000950170-24-020150
- Page: https://plicit.ai/financials/onto/fy2022-annual-income-statement
- Chart image: https://plicit.ai/charts/onto-fy2022-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-01-01 through 2023-12-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 815,868,000 US dollars
- **Cost of revenue**: 395,614,000 US dollars
- **Gross profit**: 420,254,000 US dollars
- **Total operating expenses**: 304,176,000 US dollars
- **Operating income (loss)**: 116,078,000 US dollars
- **Other income (expense), net (calculated)**: 16,504,000 US dollars
- **Income (loss) before provision (benefit) for income taxes**: 132,582,000 US dollars
- **Provision (benefit) for income taxes**: 11,423,000 US dollars
- **Net income**: 121,159,000 US dollars
- **Systems and Software**: 683,316,000 US dollars
- **Parts Revenue**: 74,604,000 US dollars
- **Service Revenue**: 57,948,000 US dollars
- **Research and development**: 104,442,000 US dollars
- **Sales and marketing**: 61,765,000 US dollars
- **General and administrative**: 83,147,000 US dollars
- **Amortization**: 54,822,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Timing of Transfer

- Page: https://plicit.ai/financials/onto/fy2022-annual-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/onto-fy2022-annual-revenue-by-timing-of-transfer-sankey.png

Income statement for 2023-01-01 through 2023-12-30. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 815,868,000 US dollars
- **Cost of revenue**: 395,614,000 US dollars
- **Gross profit**: 420,254,000 US dollars
- **Total operating expenses**: 304,176,000 US dollars
- **Operating income (loss)**: 116,078,000 US dollars
- **Other income (expense), net (calculated)**: 16,504,000 US dollars
- **Income (loss) before provision (benefit) for income taxes**: 132,582,000 US dollars
- **Provision (benefit) for income taxes**: 11,423,000 US dollars
- **Net income**: 121,159,000 US dollars
- **Transferred at Point in Time**: 761,797,000 US dollars
- **Transferred over Time**: 54,071,000 US dollars
- **Research and development**: 104,442,000 US dollars
- **Sales and marketing**: 61,765,000 US dollars
- **General and administrative**: 83,147,000 US dollars
- **Amortization**: 54,822,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/onto/fy2022-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/onto-fy2022-annual-revenue-by-geography-sankey.png

Income statement for 2023-01-01 through 2023-12-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 815,868,000 US dollars
- **Cost of revenue**: 395,614,000 US dollars
- **Gross profit**: 420,254,000 US dollars
- **Total operating expenses**: 304,176,000 US dollars
- **Operating income (loss)**: 116,078,000 US dollars
- **Other income (expense), net (calculated)**: 16,504,000 US dollars
- **Income (loss) before provision (benefit) for income taxes**: 132,582,000 US dollars
- **Provision (benefit) for income taxes**: 11,423,000 US dollars
- **Net income**: 121,159,000 US dollars
- **TAIWAN**: 141,915,000 US dollars
- **KOREA, REPUBLIC OF**: 169,323,000 US dollars
- **CHINA**: 136,940,000 US dollars
- **UNITED STATES**: 130,292,000 US dollars
- **Europe**: 55,982,000 US dollars
- **JAPAN**: 93,831,000 US dollars
- **Southeast Asia**: 87,585,000 US dollars
- **Research and development**: 104,442,000 US dollars
- **Sales and marketing**: 61,765,000 US dollars
- **General and administrative**: 83,147,000 US dollars
- **Amortization**: 54,822,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.