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

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

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.