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

RENASANT CORP is the larger business by last-quarter revenue ($273.8M vs $218.2M, roughly 1.3× ONTO INNOVATION INC.). RENASANT CORP runs the higher net margin — 32.2% vs 12.9%, a 19.3% gap on every dollar of revenue. Over the past eight quarters, RENASANT CORP's revenue compounded faster (29.3% 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.

Renasant Bank is an American regional commercial financial institution based in Tupelo, Mississippi. The bank has more than 280 branches in Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina. Renasant Bank operates under the parent company Renasant Corporation and is affiliated with Renasant Nation, a platform through which they publish blogs and shows.

ONTO vs RNST — Head-to-Head

Bigger by revenue
RNST
RNST
1.3× larger
RNST
$273.8M
$218.2M
ONTO
Higher net margin
RNST
RNST
19.3% more per $
RNST
32.2%
12.9%
ONTO
Faster 2-yr revenue CAGR
RNST
RNST
Annualised
RNST
29.3%
2.6%
ONTO

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ONTO
ONTO
RNST
RNST
Revenue
$218.2M
$273.8M
Net Profit
$28.2M
$88.2M
Gross Margin
50.7%
Operating Margin
10.9%
Net Margin
12.9%
32.2%
Revenue YoY
-13.5%
Net Profit YoY
-46.8%
112.5%
EPS (diluted)
$0.57
$0.94

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
ONTO
ONTO
RNST
RNST
Q1 26
$273.8M
Q4 25
$278.4M
Q3 25
$218.2M
$269.5M
Q2 25
$253.6M
$267.2M
Q1 25
$266.6M
$170.7M
Q4 24
$263.9M
$167.1M
Q3 24
$252.2M
$220.3M
Q2 24
$242.3M
$163.8M
Net Profit
ONTO
ONTO
RNST
RNST
Q1 26
$88.2M
Q4 25
$78.9M
Q3 25
$28.2M
$59.8M
Q2 25
$33.9M
$1.0M
Q1 25
$64.1M
$41.5M
Q4 24
$48.8M
$44.7M
Q3 24
$53.1M
$72.5M
Q2 24
$52.9M
$38.8M
Gross Margin
ONTO
ONTO
RNST
RNST
Q1 26
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%
Operating Margin
ONTO
ONTO
RNST
RNST
Q1 26
Q4 25
34.8%
Q3 25
10.9%
27.9%
Q2 25
12.7%
1.0%
Q1 25
23.7%
30.4%
Q4 24
16.1%
29.8%
Q3 24
21.0%
44.2%
Q2 24
20.2%
29.6%
Net Margin
ONTO
ONTO
RNST
RNST
Q1 26
32.2%
Q4 25
28.4%
Q3 25
12.9%
22.2%
Q2 25
13.4%
0.4%
Q1 25
24.0%
24.3%
Q4 24
18.5%
26.8%
Q3 24
21.0%
32.9%
Q2 24
21.9%
23.7%
EPS (diluted)
ONTO
ONTO
RNST
RNST
Q1 26
$0.94
Q4 25
$0.78
Q3 25
$0.57
$0.63
Q2 25
$0.69
$0.01
Q1 25
$1.30
$0.65
Q4 24
$0.98
$0.70
Q3 24
$1.07
$1.18
Q2 24
$1.07
$0.69

Balance Sheet & Financial Strength

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

Metric
ONTO
ONTO
RNST
RNST
Cash + ST InvestmentsLiquidity on hand
$603.1M
$1.2B
Total DebtLower is stronger
$806.2M
Stockholders' EquityBook value
$2.0B
$3.9B
Total Assets
$2.2B
$27.1B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONTO
ONTO
RNST
RNST
Q1 26
$1.2B
Q4 25
$1.1B
Q3 25
$603.1M
$1.1B
Q2 25
$217.5M
$1.4B
Q1 25
$203.7M
$1.1B
Q4 24
$212.9M
$1.1B
Q3 24
$188.7M
$1.3B
Q2 24
$172.6M
$851.9M
Total Debt
ONTO
ONTO
RNST
RNST
Q1 26
$806.2M
Q4 25
$499.8M
Q3 25
$558.9M
Q2 25
$557.0M
Q1 25
$433.3M
Q4 24
$430.6M
Q3 24
$433.2M
Q2 24
$428.7M
Stockholders' Equity
ONTO
ONTO
RNST
RNST
Q1 26
$3.9B
Q4 25
$3.9B
Q3 25
$2.0B
$3.8B
Q2 25
$2.0B
$3.8B
Q1 25
$1.9B
$2.7B
Q4 24
$1.9B
$2.7B
Q3 24
$1.9B
$2.7B
Q2 24
$1.8B
$2.4B
Total Assets
ONTO
ONTO
RNST
RNST
Q1 26
$27.1B
Q4 25
$26.8B
Q3 25
$2.2B
$26.7B
Q2 25
$2.1B
$26.6B
Q1 25
$2.1B
$18.3B
Q4 24
$2.1B
$18.0B
Q3 24
$2.1B
$18.0B
Q2 24
$2.0B
$17.5B
Debt / Equity
ONTO
ONTO
RNST
RNST
Q1 26
0.21×
Q4 25
0.13×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.16×
Q3 24
0.16×
Q2 24
0.18×

Cash Flow & Capital Efficiency

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

Metric
ONTO
ONTO
RNST
RNST
Operating Cash FlowLast quarter
$83.4M
Free Cash FlowOCF − Capex
$82.0M
FCF MarginFCF / Revenue
37.6%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
2.95×
TTM Free Cash FlowTrailing 4 quarters
$261.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONTO
ONTO
RNST
RNST
Q1 26
Q4 25
$271.5M
Q3 25
$83.4M
$135.5M
Q2 25
$57.9M
$-77.3M
Q1 25
$92.0M
$106.2M
Q4 24
$56.0M
$106.4M
Q3 24
$67.2M
$-1.7M
Q2 24
$65.3M
$-49.1M
Free Cash Flow
ONTO
ONTO
RNST
RNST
Q1 26
Q4 25
$237.8M
Q3 25
$82.0M
$120.1M
Q2 25
$44.2M
$-87.5M
Q1 25
$83.7M
$101.3M
Q4 24
$51.4M
$92.8M
Q3 24
$59.2M
$-5.3M
Q2 24
$53.0M
$-52.6M
FCF Margin
ONTO
ONTO
RNST
RNST
Q1 26
Q4 25
85.4%
Q3 25
37.6%
44.6%
Q2 25
17.4%
-32.7%
Q1 25
31.4%
59.4%
Q4 24
19.5%
55.5%
Q3 24
23.5%
-2.4%
Q2 24
21.9%
-32.1%
Capex Intensity
ONTO
ONTO
RNST
RNST
Q1 26
Q4 25
12.1%
Q3 25
0.6%
5.7%
Q2 25
5.4%
3.8%
Q1 25
3.1%
2.8%
Q4 24
1.8%
8.2%
Q3 24
3.2%
1.6%
Q2 24
5.1%
2.1%
Cash Conversion
ONTO
ONTO
RNST
RNST
Q1 26
Q4 25
3.44×
Q3 25
2.95×
2.27×
Q2 25
1.71×
-75.92×
Q1 25
1.44×
2.56×
Q4 24
1.15×
2.38×
Q3 24
1.27×
-0.02×
Q2 24
1.23×
-1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ONTO
ONTO

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

RNST
RNST

Net Interest Income$223.6M82%
Noninterest Income$50.3M18%

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