vs

Side-by-side financial comparison of IDACORP INC (IDA) and ONTO INNOVATION INC. (ONTO). Click either name above to swap in a different company.

IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $218.2M, roughly 1.7× ONTO INNOVATION INC.). ONTO INNOVATION INC. runs the higher net margin — 12.9% vs 12.1%, a 0.8% gap on every dollar of revenue. On growth, IDACORP INC posted the faster year-over-year revenue change (-4.2% vs -13.5%). ONTO INNOVATION INC. produced more free cash flow last quarter ($82.0M vs $-216.2M). Over the past eight quarters, ONTO INNOVATION INC.'s revenue compounded faster (2.6% CAGR vs -7.2%).

IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.

Onto Innovation Inc. is an American semiconductor company formed in 2019 from the merger of Rudolph Technologies, Inc. and Nanometrics Incorporated. It is a provider of process and process control equipment and software for microelectronic manufacturing industries.

IDA vs ONTO — Head-to-Head

Bigger by revenue
IDA
IDA
1.7× larger
IDA
$360.1M
$218.2M
ONTO
Growing faster (revenue YoY)
IDA
IDA
+9.3% gap
IDA
-4.2%
-13.5%
ONTO
Higher net margin
ONTO
ONTO
0.8% more per $
ONTO
12.9%
12.1%
IDA
More free cash flow
ONTO
ONTO
$298.2M more FCF
ONTO
$82.0M
$-216.2M
IDA
Faster 2-yr revenue CAGR
ONTO
ONTO
Annualised
ONTO
2.6%
-7.2%
IDA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IDA
IDA
ONTO
ONTO
Revenue
$360.1M
$218.2M
Net Profit
$43.6M
$28.2M
Gross Margin
50.7%
Operating Margin
14.9%
10.9%
Net Margin
12.1%
12.9%
Revenue YoY
-4.2%
-13.5%
Net Profit YoY
15.1%
-46.8%
EPS (diluted)
$0.78
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IDA
IDA
ONTO
ONTO
Q4 25
$360.1M
Q3 25
$526.4M
$218.2M
Q2 25
$449.3M
$253.6M
Q1 25
$411.1M
$266.6M
Q4 24
$375.9M
$263.9M
Q3 24
$532.5M
$252.2M
Q2 24
$442.6M
$242.3M
Q1 24
$417.9M
$228.8M
Net Profit
IDA
IDA
ONTO
ONTO
Q4 25
$43.6M
Q3 25
$124.4M
$28.2M
Q2 25
$95.8M
$33.9M
Q1 25
$59.6M
$64.1M
Q4 24
$37.9M
$48.8M
Q3 24
$113.6M
$53.1M
Q2 24
$89.5M
$52.9M
Q1 24
$48.2M
$46.9M
Gross Margin
IDA
IDA
ONTO
ONTO
Q4 25
Q3 25
50.7%
Q2 25
48.2%
Q1 25
53.7%
Q4 24
50.2%
Q3 24
54.1%
Q2 24
52.9%
Q1 24
51.7%
Operating Margin
IDA
IDA
ONTO
ONTO
Q4 25
14.9%
Q3 25
27.5%
10.9%
Q2 25
22.4%
12.7%
Q1 25
13.4%
23.7%
Q4 24
11.0%
16.1%
Q3 24
25.1%
21.0%
Q2 24
23.3%
20.2%
Q1 24
11.9%
18.7%
Net Margin
IDA
IDA
ONTO
ONTO
Q4 25
12.1%
Q3 25
23.6%
12.9%
Q2 25
21.3%
13.4%
Q1 25
14.5%
24.0%
Q4 24
10.1%
18.5%
Q3 24
21.3%
21.0%
Q2 24
20.2%
21.9%
Q1 24
11.5%
20.5%
EPS (diluted)
IDA
IDA
ONTO
ONTO
Q4 25
$0.78
Q3 25
$2.26
$0.57
Q2 25
$1.76
$0.69
Q1 25
$1.10
$1.30
Q4 24
$0.72
$0.98
Q3 24
$2.12
$1.07
Q2 24
$1.71
$1.07
Q1 24
$0.95
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IDA
IDA
ONTO
ONTO
Cash + ST InvestmentsLiquidity on hand
$215.7M
$603.1M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$3.6B
$2.0B
Total Assets
$10.2B
$2.2B
Debt / EquityLower = less leverage
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDA
IDA
ONTO
ONTO
Q4 25
$215.7M
Q3 25
$333.2M
$603.1M
Q2 25
$474.5M
$217.5M
Q1 25
$634.5M
$203.7M
Q4 24
$368.9M
$212.9M
Q3 24
$427.9M
$188.7M
Q2 24
$169.6M
$172.6M
Q1 24
$157.6M
$190.9M
Total Debt
IDA
IDA
ONTO
ONTO
Q4 25
$3.3B
Q3 25
Q2 25
Q1 25
Q4 24
$3.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IDA
IDA
ONTO
ONTO
Q4 25
$3.6B
Q3 25
$3.5B
$2.0B
Q2 25
$3.4B
$2.0B
Q1 25
$3.3B
$1.9B
Q4 24
$3.3B
$1.9B
Q3 24
$3.3B
$1.9B
Q2 24
$3.2B
$1.8B
Q1 24
$2.9B
$1.8B
Total Assets
IDA
IDA
ONTO
ONTO
Q4 25
$10.2B
Q3 25
$10.1B
$2.2B
Q2 25
$9.9B
$2.1B
Q1 25
$9.6B
$2.1B
Q4 24
$9.2B
$2.1B
Q3 24
$9.1B
$2.1B
Q2 24
$8.7B
$2.0B
Q1 24
$8.3B
$2.0B
Debt / Equity
IDA
IDA
ONTO
ONTO
Q4 25
0.93×
Q3 25
Q2 25
Q1 25
Q4 24
0.92×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IDA
IDA
ONTO
ONTO
Operating Cash FlowLast quarter
$137.8M
$83.4M
Free Cash FlowOCF − Capex
$-216.2M
$82.0M
FCF MarginFCF / Revenue
-60.0%
37.6%
Capex IntensityCapex / Revenue
98.3%
0.6%
Cash ConversionOCF / Net Profit
3.16×
2.95×
TTM Free Cash FlowTrailing 4 quarters
$-577.5M
$261.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDA
IDA
ONTO
ONTO
Q4 25
$137.8M
Q3 25
$162.8M
$83.4M
Q2 25
$176.9M
$57.9M
Q1 25
$124.3M
$92.0M
Q4 24
$136.4M
$56.0M
Q3 24
$201.9M
$67.2M
Q2 24
$146.4M
$65.3M
Q1 24
$109.7M
$57.1M
Free Cash Flow
IDA
IDA
ONTO
ONTO
Q4 25
$-216.2M
Q3 25
$-127.9M
$82.0M
Q2 25
$-156.4M
$44.2M
Q1 25
$-77.0M
$83.7M
Q4 24
$-48.9M
$51.4M
Q3 24
$-16.1M
$59.2M
Q2 24
$-199.6M
$53.0M
Q1 24
$-150.3M
$50.2M
FCF Margin
IDA
IDA
ONTO
ONTO
Q4 25
-60.0%
Q3 25
-24.3%
37.6%
Q2 25
-34.8%
17.4%
Q1 25
-18.7%
31.4%
Q4 24
-13.0%
19.5%
Q3 24
-3.0%
23.5%
Q2 24
-45.1%
21.9%
Q1 24
-36.0%
21.9%
Capex Intensity
IDA
IDA
ONTO
ONTO
Q4 25
98.3%
Q3 25
55.2%
0.6%
Q2 25
74.2%
5.4%
Q1 25
49.0%
3.1%
Q4 24
49.3%
1.8%
Q3 24
41.0%
3.2%
Q2 24
78.2%
5.1%
Q1 24
62.2%
3.0%
Cash Conversion
IDA
IDA
ONTO
ONTO
Q4 25
3.16×
Q3 25
1.31×
2.95×
Q2 25
1.85×
1.71×
Q1 25
2.08×
1.44×
Q4 24
3.60×
1.15×
Q3 24
1.78×
1.27×
Q2 24
1.63×
1.23×
Q1 24
2.28×
1.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IDA
IDA

Retailrevenues$323.0M90%
Transmissionserviceswheeling$18.6M5%
Energyefficiencyprogramrevenues$11.7M3%
Wholesaleenergysales$10.5M3%
Otherrevenues$9.5M3%

ONTO
ONTO

Systems And Software Revenue$173.8M80%
Parts Revenue$23.9M11%
Service Revenue$20.5M9%

Related Comparisons