# ONTO INNOVATION INC. (ONTO) FY2024 Q1 P&L / Income Statement

- Company: ONTO INNOVATION INC. (ONTO)
- Period: 2023-12-31 to 2024-03-30
- Filing: Q1 FY2024 10-Q, filed 2024-05-09, accession number 0000950170-24-057270
- Page: https://plicit.ai/financials/onto/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/onto-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-12-31 through 2024-03-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 228,846,000 US dollars
- **Cost of revenue**: 110,561,000 US dollars
- **Gross profit**: 118,285,000 US dollars
- **Total operating expenses**: 75,547,000 US dollars
- **Operating income**: 42,738,000 US dollars
- **Other income (expense), net (calculated)**: 8,154,000 US dollars
- **Income before provision for income taxes**: 50,892,000 US dollars
- **Provision for income taxes**: 4,039,000 US dollars
- **Net Income**: 46,853,000 US dollars
- **Systems and Software**: 194,836,000 US dollars
- **Parts Revenue**: 20,108,000 US dollars
- **Service Revenue**: 13,902,000 US dollars
- **Research and development**: 26,554,000 US dollars
- **Sales and marketing**: 18,318,000 US dollars
- **General and administrative**: 17,563,000 US dollars
- **Amortization**: 13,112,000 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/fy2024-q1-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/onto-fy2024-q1-revenue-by-timing-of-transfer-sankey.png

Income statement for 2023-12-31 through 2024-03-30. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 228,846,000 US dollars
- **Cost of revenue**: 110,561,000 US dollars
- **Gross profit**: 118,285,000 US dollars
- **Total operating expenses**: 75,547,000 US dollars
- **Operating income**: 42,738,000 US dollars
- **Other income (expense), net (calculated)**: 8,154,000 US dollars
- **Income before provision for income taxes**: 50,892,000 US dollars
- **Provision for income taxes**: 4,039,000 US dollars
- **Net Income**: 46,853,000 US dollars
- **Transferred at Point in Time**: 213,850,000 US dollars
- **Transferred Over Time**: 14,996,000 US dollars
- **Research and development**: 26,554,000 US dollars
- **Sales and marketing**: 18,318,000 US dollars
- **General and administrative**: 17,563,000 US dollars
- **Amortization**: 13,112,000 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/fy2024-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/onto-fy2024-q1-revenue-by-geography-sankey.png

Income statement for 2023-12-31 through 2024-03-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 228,846,000 US dollars
- **Cost of revenue**: 110,561,000 US dollars
- **Gross profit**: 118,285,000 US dollars
- **Total operating expenses**: 75,547,000 US dollars
- **Operating income**: 42,738,000 US dollars
- **Other income (expense), net (calculated)**: 8,154,000 US dollars
- **Income before provision for income taxes**: 50,892,000 US dollars
- **Provision for income taxes**: 4,039,000 US dollars
- **Net Income**: 46,853,000 US dollars
- **KOREA, REPUBLIC OF**: 80,239,000 US dollars
- **CHINA**: 20,994,000 US dollars
- **UNITED STATES**: 20,868,000 US dollars
- **TAIWAN**: 71,103,000 US dollars
- **Southeast Asia**: 16,078,000 US dollars
- **JAPAN**: 13,335,000 US dollars
- **Europe**: 6,229,000 US dollars
- **Research and development**: 26,554,000 US dollars
- **Sales and marketing**: 18,318,000 US dollars
- **General and administrative**: 17,563,000 US dollars
- **Amortization**: 13,112,000 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.