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Side-by-side financial comparison of ONTO INNOVATION INC. (ONTO) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

ONTO INNOVATION INC. is the larger business by last-quarter revenue ($218.2M vs $113.1M, roughly 1.9× 1ST SOURCE CORP). 1ST SOURCE CORP runs the higher net margin — 35.3% vs 12.9%, a 22.4% gap on every dollar of revenue. On growth, 1ST SOURCE CORP posted the faster year-over-year revenue change (8.7% vs -13.5%). ONTO INNOVATION INC. produced more free cash flow last quarter ($82.0M vs $58.1M). Over the past eight quarters, 1ST SOURCE CORP's revenue compounded faster (7.8% 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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

ONTO vs SRCE — Head-to-Head

Bigger by revenue
ONTO
ONTO
1.9× larger
ONTO
$218.2M
$113.1M
SRCE
Growing faster (revenue YoY)
SRCE
SRCE
+22.2% gap
SRCE
8.7%
-13.5%
ONTO
Higher net margin
SRCE
SRCE
22.4% more per $
SRCE
35.3%
12.9%
ONTO
More free cash flow
ONTO
ONTO
$23.9M more FCF
ONTO
$82.0M
$58.1M
SRCE
Faster 2-yr revenue CAGR
SRCE
SRCE
Annualised
SRCE
7.8%
2.6%
ONTO

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ONTO
ONTO
SRCE
SRCE
Revenue
$218.2M
$113.1M
Net Profit
$28.2M
$40.0M
Gross Margin
50.7%
Operating Margin
10.9%
45.4%
Net Margin
12.9%
35.3%
Revenue YoY
-13.5%
8.7%
Net Profit YoY
-46.8%
6.5%
EPS (diluted)
$0.57
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$110.8M
Q3 25
$218.2M
$110.7M
Q2 25
$253.6M
$108.2M
Q1 25
$266.6M
$104.0M
Q4 24
$263.9M
$97.8M
Q3 24
$252.2M
$97.9M
Q2 24
$242.3M
$97.3M
Net Profit
ONTO
ONTO
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$41.1M
Q3 25
$28.2M
$42.3M
Q2 25
$33.9M
$37.3M
Q1 25
$64.1M
$37.5M
Q4 24
$48.8M
$31.4M
Q3 24
$53.1M
$34.9M
Q2 24
$52.9M
$36.8M
Gross Margin
ONTO
ONTO
SRCE
SRCE
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
SRCE
SRCE
Q1 26
45.4%
Q4 25
Q3 25
10.9%
49.7%
Q2 25
12.7%
44.5%
Q1 25
23.7%
45.8%
Q4 24
16.1%
Q3 24
21.0%
46.3%
Q2 24
20.2%
49.1%
Net Margin
ONTO
ONTO
SRCE
SRCE
Q1 26
35.3%
Q4 25
37.1%
Q3 25
12.9%
38.2%
Q2 25
13.4%
34.5%
Q1 25
24.0%
36.1%
Q4 24
18.5%
32.1%
Q3 24
21.0%
35.7%
Q2 24
21.9%
37.8%
EPS (diluted)
ONTO
ONTO
SRCE
SRCE
Q1 26
$1.63
Q4 25
$1.67
Q3 25
$0.57
$1.71
Q2 25
$0.69
$1.51
Q1 25
$1.30
$1.52
Q4 24
$0.98
$1.27
Q3 24
$1.07
$1.41
Q2 24
$1.07
$1.49

Balance Sheet & Financial Strength

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

Metric
ONTO
ONTO
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$603.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$1.3B
Total Assets
$2.2B
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONTO
ONTO
SRCE
SRCE
Q1 26
Q4 25
Q3 25
$603.1M
Q2 25
$217.5M
Q1 25
$203.7M
Q4 24
$212.9M
Q3 24
$188.7M
Q2 24
$172.6M
Stockholders' Equity
ONTO
ONTO
SRCE
SRCE
Q1 26
$1.3B
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
$1.1B
Q3 24
$1.9B
$1.1B
Q2 24
$1.8B
$1.0B
Total Assets
ONTO
ONTO
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$9.1B
Q3 25
$2.2B
$9.1B
Q2 25
$2.1B
$9.1B
Q1 25
$2.1B
$9.0B
Q4 24
$2.1B
$8.9B
Q3 24
$2.1B
$8.8B
Q2 24
$2.0B
$8.9B

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
SRCE
SRCE
Operating Cash FlowLast quarter
$83.4M
$59.1M
Free Cash FlowOCF − Capex
$82.0M
$58.1M
FCF MarginFCF / Revenue
37.6%
51.4%
Capex IntensityCapex / Revenue
0.6%
0.9%
Cash ConversionOCF / Net Profit
2.95×
1.48×
TTM Free Cash FlowTrailing 4 quarters
$261.3M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONTO
ONTO
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$223.1M
Q3 25
$83.4M
$51.0M
Q2 25
$57.9M
$44.9M
Q1 25
$92.0M
$71.8M
Q4 24
$56.0M
$193.9M
Q3 24
$67.2M
$68.4M
Q2 24
$65.3M
$50.0M
Free Cash Flow
ONTO
ONTO
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$213.0M
Q3 25
$82.0M
$47.3M
Q2 25
$44.2M
$43.0M
Q1 25
$83.7M
$69.3M
Q4 24
$51.4M
$181.5M
Q3 24
$59.2M
$66.7M
Q2 24
$53.0M
$46.4M
FCF Margin
ONTO
ONTO
SRCE
SRCE
Q1 26
51.4%
Q4 25
192.2%
Q3 25
37.6%
42.7%
Q2 25
17.4%
39.8%
Q1 25
31.4%
66.6%
Q4 24
19.5%
185.5%
Q3 24
23.5%
68.1%
Q2 24
21.9%
47.7%
Capex Intensity
ONTO
ONTO
SRCE
SRCE
Q1 26
0.9%
Q4 25
9.1%
Q3 25
0.6%
3.4%
Q2 25
5.4%
1.7%
Q1 25
3.1%
2.4%
Q4 24
1.8%
12.6%
Q3 24
3.2%
1.7%
Q2 24
5.1%
3.7%
Cash Conversion
ONTO
ONTO
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
2.95×
1.21×
Q2 25
1.71×
1.20×
Q1 25
1.44×
1.91×
Q4 24
1.15×
6.17×
Q3 24
1.27×
1.96×
Q2 24
1.23×
1.36×

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%

SRCE
SRCE

Segment breakdown not available.

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