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Side-by-side financial comparison of ONTO INNOVATION INC. (ONTO) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.
ONTO INNOVATION INC. is the larger business by last-quarter revenue ($218.2M vs $212.2M, roughly 1.0× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 12.9%, a 5.9% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -13.5%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.
LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.
ONTO vs RAMP — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $218.2M | $212.2M |
| Net Profit | $28.2M | $39.9M |
| Gross Margin | 50.7% | 71.9% |
| Operating Margin | 10.9% | 18.6% |
| Net Margin | 12.9% | 18.8% |
| Revenue YoY | -13.5% | 8.6% |
| Net Profit YoY | -46.8% | 255.7% |
| EPS (diluted) | $0.57 | $0.62 |
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 | — | $212.2M | ||
| Q3 25 | $218.2M | $199.8M | ||
| Q2 25 | $253.6M | $194.8M | ||
| Q1 25 | $266.6M | $188.7M | ||
| Q4 24 | $263.9M | $195.4M | ||
| Q3 24 | $252.2M | $185.5M | ||
| Q2 24 | $242.3M | $176.0M | ||
| Q1 24 | $228.8M | $171.9M |
| Q4 25 | — | $39.9M | ||
| Q3 25 | $28.2M | $27.4M | ||
| Q2 25 | $33.9M | $7.7M | ||
| Q1 25 | $64.1M | $-6.3M | ||
| Q4 24 | $48.8M | $11.2M | ||
| Q3 24 | $53.1M | $1.7M | ||
| Q2 24 | $52.9M | $-7.5M | ||
| Q1 24 | $46.9M | $-5.4M |
| Q4 25 | — | 71.9% | ||
| Q3 25 | 50.7% | 70.2% | ||
| Q2 25 | 48.2% | 70.1% | ||
| Q1 25 | 53.7% | 69.3% | ||
| Q4 24 | 50.2% | 71.9% | ||
| Q3 24 | 54.1% | 72.4% | ||
| Q2 24 | 52.9% | 70.6% | ||
| Q1 24 | 51.7% | 72.2% |
| Q4 25 | — | 18.6% | ||
| Q3 25 | 10.9% | 10.7% | ||
| Q2 25 | 12.7% | 3.7% | ||
| Q1 25 | 23.7% | -6.1% | ||
| Q4 24 | 16.1% | 7.5% | ||
| Q3 24 | 21.0% | 4.0% | ||
| Q2 24 | 20.2% | -3.0% | ||
| Q1 24 | 18.7% | -8.3% |
| Q4 25 | — | 18.8% | ||
| Q3 25 | 12.9% | 13.7% | ||
| Q2 25 | 13.4% | 4.0% | ||
| Q1 25 | 24.0% | -3.3% | ||
| Q4 24 | 18.5% | 5.7% | ||
| Q3 24 | 21.0% | 0.9% | ||
| Q2 24 | 21.9% | -4.3% | ||
| Q1 24 | 20.5% | -3.1% |
| Q4 25 | — | $0.62 | ||
| Q3 25 | $0.57 | $0.42 | ||
| Q2 25 | $0.69 | $0.12 | ||
| Q1 25 | $1.30 | $-0.10 | ||
| Q4 24 | $0.98 | $0.17 | ||
| Q3 24 | $1.07 | $0.03 | ||
| Q2 24 | $1.07 | $-0.11 | ||
| Q1 24 | $0.94 | $-0.09 |
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 | $403.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.0B | $962.3M |
| Total Assets | $2.2B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $403.4M | ||
| Q3 25 | $603.1M | $376.9M | ||
| Q2 25 | $217.5M | $371.1M | ||
| Q1 25 | $203.7M | $420.8M | ||
| Q4 24 | $212.9M | $384.3M | ||
| Q3 24 | $188.7M | $348.4M | ||
| Q2 24 | $172.6M | $342.7M | ||
| Q1 24 | $190.9M | $368.9M |
| Q4 25 | — | $962.3M | ||
| Q3 25 | $2.0B | $943.8M | ||
| Q2 25 | $2.0B | $947.8M | ||
| Q1 25 | $1.9B | $948.9M | ||
| Q4 24 | $1.9B | $957.7M | ||
| Q3 24 | $1.9B | $932.1M | ||
| Q2 24 | $1.8B | $951.9M | ||
| Q1 24 | $1.8B | $949.1M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
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 | — |
| Free Cash FlowOCF − Capex | $82.0M | — |
| FCF MarginFCF / Revenue | 37.6% | — |
| Capex IntensityCapex / Revenue | 0.6% | 0.1% |
| Cash ConversionOCF / Net Profit | 2.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $261.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $83.4M | $57.4M | ||
| Q2 25 | $57.9M | $-15.8M | ||
| Q1 25 | $92.0M | — | ||
| Q4 24 | $56.0M | $45.1M | ||
| Q3 24 | $67.2M | $55.6M | ||
| Q2 24 | $65.3M | $-9.3M | ||
| Q1 24 | $57.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | $82.0M | $56.8M | ||
| Q2 25 | $44.2M | $-16.2M | ||
| Q1 25 | $83.7M | — | ||
| Q4 24 | $51.4M | $44.8M | ||
| Q3 24 | $59.2M | $55.4M | ||
| Q2 24 | $53.0M | $-9.6M | ||
| Q1 24 | $50.2M | — |
| Q4 25 | — | — | ||
| Q3 25 | 37.6% | 28.4% | ||
| Q2 25 | 17.4% | -8.3% | ||
| Q1 25 | 31.4% | — | ||
| Q4 24 | 19.5% | 22.9% | ||
| Q3 24 | 23.5% | 29.8% | ||
| Q2 24 | 21.9% | -5.4% | ||
| Q1 24 | 21.9% | — |
| Q4 25 | — | 0.1% | ||
| Q3 25 | 0.6% | 0.3% | ||
| Q2 25 | 5.4% | 0.2% | ||
| Q1 25 | 3.1% | 0.2% | ||
| Q4 24 | 1.8% | 0.1% | ||
| Q3 24 | 3.2% | 0.1% | ||
| Q2 24 | 5.1% | 0.1% | ||
| Q1 24 | 3.0% | 1.0% |
| Q4 25 | — | — | ||
| Q3 25 | 2.95× | 2.09× | ||
| Q2 25 | 1.71× | -2.04× | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.15× | 4.02× | ||
| Q3 24 | 1.27× | 32.10× | ||
| 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% |
RAMP
Segment breakdown not available.
