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Side-by-side financial comparison of ONTO INNOVATION INC. (ONTO) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $218.2M, roughly 1.6× ONTO INNOVATION INC.). ONTO INNOVATION INC. runs the higher net margin — 12.9% vs -10.8%, a 23.7% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs -13.5%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $82.0M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% CAGR vs 2.6%).
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.
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
ONTO vs PCOR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $218.2M | $349.1M |
| Net Profit | $28.2M | $-37.6M |
| Gross Margin | 50.7% | 80.1% |
| Operating Margin | 10.9% | -12.3% |
| Net Margin | 12.9% | -10.8% |
| Revenue YoY | -13.5% | 15.6% |
| Net Profit YoY | -46.8% | 39.6% |
| EPS (diluted) | $0.57 | $-0.25 |
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.
| Q4 25 | — | $349.1M | ||
| Q3 25 | $218.2M | $338.9M | ||
| Q2 25 | $253.6M | $323.9M | ||
| Q1 25 | $266.6M | $310.6M | ||
| Q4 24 | $263.9M | $302.0M | ||
| Q3 24 | $252.2M | $295.9M | ||
| Q2 24 | $242.3M | $284.3M | ||
| Q1 24 | $228.8M | $269.4M |
| Q4 25 | — | $-37.6M | ||
| Q3 25 | $28.2M | $-9.1M | ||
| Q2 25 | $33.9M | $-21.1M | ||
| Q1 25 | $64.1M | $-33.0M | ||
| Q4 24 | $48.8M | $-62.3M | ||
| Q3 24 | $53.1M | $-26.4M | ||
| Q2 24 | $52.9M | $-6.3M | ||
| Q1 24 | $46.9M | $-11.0M |
| Q4 25 | — | 80.1% | ||
| Q3 25 | 50.7% | 79.7% | ||
| Q2 25 | 48.2% | 79.1% | ||
| Q1 25 | 53.7% | 79.1% | ||
| Q4 24 | 50.2% | 81.2% | ||
| Q3 24 | 54.1% | 81.4% | ||
| Q2 24 | 52.9% | 83.1% | ||
| Q1 24 | 51.7% | 83.0% |
| Q4 25 | — | -12.3% | ||
| Q3 25 | 10.9% | -4.4% | ||
| Q2 25 | 12.7% | -9.3% | ||
| Q1 25 | 23.7% | -11.7% | ||
| Q4 24 | 16.1% | -21.9% | ||
| Q3 24 | 21.0% | -12.3% | ||
| Q2 24 | 20.2% | -5.2% | ||
| Q1 24 | 18.7% | -7.0% |
| Q4 25 | — | -10.8% | ||
| Q3 25 | 12.9% | -2.7% | ||
| Q2 25 | 13.4% | -6.5% | ||
| Q1 25 | 24.0% | -10.6% | ||
| Q4 24 | 18.5% | -20.6% | ||
| Q3 24 | 21.0% | -8.9% | ||
| Q2 24 | 21.9% | -2.2% | ||
| Q1 24 | 20.5% | -4.1% |
| Q4 25 | — | $-0.25 | ||
| Q3 25 | $0.57 | $-0.06 | ||
| Q2 25 | $0.69 | $-0.14 | ||
| Q1 25 | $1.30 | $-0.22 | ||
| Q4 24 | $0.98 | $-0.42 | ||
| Q3 24 | $1.07 | $-0.18 | ||
| Q2 24 | $1.07 | $-0.04 | ||
| Q1 24 | $0.94 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $603.1M | $768.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.0B | $1.3B |
| Total Assets | $2.2B | $2.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $768.5M | ||
| Q3 25 | $603.1M | $684.0M | ||
| Q2 25 | $217.5M | $620.9M | ||
| Q1 25 | $203.7M | $566.7M | ||
| Q4 24 | $212.9M | $775.4M | ||
| Q3 24 | $188.7M | $756.9M | ||
| Q2 24 | $172.6M | $735.4M | ||
| Q1 24 | $190.9M | $744.6M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $1.9B | $1.3B | ||
| Q2 24 | $1.8B | $1.3B | ||
| Q1 24 | $1.8B | $1.2B |
| Q4 25 | — | $2.2B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $2.1B | $2.1B | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $2.0B | $2.0B | ||
| Q1 24 | $2.0B | $1.9B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $83.4M | $114.9M |
| Free Cash FlowOCF − Capex | $82.0M | $109.2M |
| FCF MarginFCF / Revenue | 37.6% | 31.3% |
| Capex IntensityCapex / Revenue | 0.6% | 1.6% |
| Cash ConversionOCF / Net Profit | 2.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $261.3M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $114.9M | ||
| Q3 25 | $83.4M | $88.5M | ||
| Q2 25 | $57.9M | $30.8M | ||
| Q1 25 | $92.0M | $66.0M | ||
| Q4 24 | $56.0M | $29.1M | ||
| Q3 24 | $67.2M | $39.3M | ||
| Q2 24 | $65.3M | $58.7M | ||
| Q1 24 | $57.1M | $69.1M |
| Q4 25 | — | $109.2M | ||
| Q3 25 | $82.0M | $83.1M | ||
| Q2 25 | $44.2M | $27.9M | ||
| Q1 25 | $83.7M | $62.0M | ||
| Q4 24 | $51.4M | $17.4M | ||
| Q3 24 | $59.2M | $35.7M | ||
| Q2 24 | $53.0M | $56.8M | ||
| Q1 24 | $50.2M | $67.1M |
| Q4 25 | — | 31.3% | ||
| Q3 25 | 37.6% | 24.5% | ||
| Q2 25 | 17.4% | 8.6% | ||
| Q1 25 | 31.4% | 20.0% | ||
| Q4 24 | 19.5% | 5.8% | ||
| Q3 24 | 23.5% | 12.1% | ||
| Q2 24 | 21.9% | 20.0% | ||
| Q1 24 | 21.9% | 24.9% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | 0.6% | 1.6% | ||
| Q2 25 | 5.4% | 0.9% | ||
| Q1 25 | 3.1% | 1.3% | ||
| Q4 24 | 1.8% | 3.9% | ||
| Q3 24 | 3.2% | 1.2% | ||
| Q2 24 | 5.1% | 0.7% | ||
| Q1 24 | 3.0% | 0.8% |
| Q4 25 | — | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.23× | — | ||
| Q1 24 | 1.22× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ONTO
| Systems And Software Revenue | $173.8M | 80% |
| Parts Revenue | $23.9M | 11% |
| Service Revenue | $20.5M | 9% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
