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Side-by-side financial comparison of ONTO INNOVATION INC. (ONTO) and TEXAS CAPITAL BANCSHARES INC (TCBI). Click either name above to swap in a different company.
TEXAS CAPITAL BANCSHARES INC is the larger business by last-quarter revenue ($324.0M vs $218.2M, roughly 1.5× ONTO INNOVATION INC.). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs 12.9%, a 9.8% gap on every dollar of revenue. On growth, TEXAS CAPITAL BANCSHARES INC posted the faster year-over-year revenue change (15.5% vs -13.5%). Over the past eight quarters, TEXAS CAPITAL BANCSHARES INC's revenue compounded faster (10.2% 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.
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
ONTO vs TCBI — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $218.2M | $324.0M |
| Net Profit | $28.2M | $73.8M |
| Gross Margin | 50.7% | — |
| Operating Margin | 10.9% | — |
| Net Margin | 12.9% | 22.8% |
| Revenue YoY | -13.5% | 15.5% |
| Net Profit YoY | -46.8% | 56.8% |
| EPS (diluted) | $0.57 | $1.56 |
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.
| Q1 26 | — | $324.0M | ||
| Q4 25 | — | $327.5M | ||
| Q3 25 | $218.2M | $340.4M | ||
| Q2 25 | $253.6M | $307.5M | ||
| Q1 25 | $266.6M | $280.5M | ||
| Q4 24 | $263.9M | $229.6M | ||
| Q3 24 | $252.2M | $125.3M | ||
| Q2 24 | $242.3M | $267.0M |
| Q1 26 | — | $73.8M | ||
| Q4 25 | — | $100.7M | ||
| Q3 25 | $28.2M | $105.2M | ||
| Q2 25 | $33.9M | $77.3M | ||
| Q1 25 | $64.1M | $47.0M | ||
| Q4 24 | $48.8M | $71.0M | ||
| Q3 24 | $53.1M | $-61.3M | ||
| Q2 24 | $52.9M | $41.7M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 40.4% | ||
| Q3 25 | 10.9% | 40.5% | ||
| Q2 25 | 12.7% | 33.2% | ||
| Q1 25 | 23.7% | 21.6% | ||
| Q4 24 | 16.1% | 40.7% | ||
| Q3 24 | 21.0% | -63.8% | ||
| Q2 24 | 20.2% | 21.9% |
| Q1 26 | — | 22.8% | ||
| Q4 25 | — | 30.7% | ||
| Q3 25 | 12.9% | 30.9% | ||
| Q2 25 | 13.4% | 25.2% | ||
| Q1 25 | 24.0% | 16.8% | ||
| Q4 24 | 18.5% | 30.9% | ||
| Q3 24 | 21.0% | -48.9% | ||
| Q2 24 | 21.9% | 15.6% |
| Q1 26 | — | $1.56 | ||
| Q4 25 | — | $2.11 | ||
| Q3 25 | $0.57 | $2.18 | ||
| Q2 25 | $0.69 | $1.58 | ||
| Q1 25 | $1.30 | $0.92 | ||
| Q4 24 | $0.98 | $1.43 | ||
| Q3 24 | $1.07 | $-1.41 | ||
| Q2 24 | $1.07 | $0.80 |
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 | — |
| Total DebtLower is stronger | — | $878.3M |
| Stockholders' EquityBook value | $2.0B | $3.6B |
| Total Assets | $2.2B | $33.5B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q1 26 | — | $878.3M | ||
| Q4 25 | — | $620.6M | ||
| Q3 25 | — | $620.4M | ||
| Q2 25 | — | $620.3M | ||
| Q1 25 | — | $660.5M | ||
| Q4 24 | — | $660.3M | ||
| Q3 24 | — | $660.2M | ||
| Q2 24 | — | $660.0M |
| Q1 26 | — | $3.6B | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | $2.0B | $3.6B | ||
| Q2 25 | $2.0B | $3.5B | ||
| Q1 25 | $1.9B | $3.4B | ||
| Q4 24 | $1.9B | $3.4B | ||
| Q3 24 | $1.9B | $3.4B | ||
| Q2 24 | $1.8B | $3.2B |
| Q1 26 | — | $33.5B | ||
| Q4 25 | — | $31.5B | ||
| Q3 25 | $2.2B | $32.5B | ||
| Q2 25 | $2.1B | $31.9B | ||
| Q1 25 | $2.1B | $31.4B | ||
| Q4 24 | $2.1B | $30.7B | ||
| Q3 24 | $2.1B | $31.6B | ||
| Q2 24 | $2.0B | $29.9B |
| Q1 26 | — | 0.24× | ||
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.21× |
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% | — |
| Cash ConversionOCF / Net Profit | 2.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $261.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $360.2M | ||
| Q3 25 | $83.4M | $166.3M | ||
| Q2 25 | $57.9M | $63.0M | ||
| Q1 25 | $92.0M | $368.0K | ||
| Q4 24 | $56.0M | $480.1M | ||
| Q3 24 | $67.2M | $332.8M | ||
| Q2 24 | $65.3M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $347.6M | ||
| Q3 25 | $82.0M | $161.3M | ||
| Q2 25 | $44.2M | $57.5M | ||
| Q1 25 | $83.7M | $-2.0M | ||
| Q4 24 | $51.4M | $415.2M | ||
| Q3 24 | $59.2M | $317.6M | ||
| Q2 24 | $53.0M | $11.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 106.1% | ||
| Q3 25 | 37.6% | 47.4% | ||
| Q2 25 | 17.4% | 18.7% | ||
| Q1 25 | 31.4% | -0.7% | ||
| Q4 24 | 19.5% | 180.9% | ||
| Q3 24 | 23.5% | 253.4% | ||
| Q2 24 | 21.9% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | 0.6% | 1.5% | ||
| Q2 25 | 5.4% | 1.8% | ||
| Q1 25 | 3.1% | 0.9% | ||
| Q4 24 | 1.8% | 28.2% | ||
| Q3 24 | 3.2% | 12.1% | ||
| Q2 24 | 5.1% | 8.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.58× | ||
| Q3 25 | 2.95× | 1.58× | ||
| Q2 25 | 1.71× | 0.81× | ||
| Q1 25 | 1.44× | 0.01× | ||
| Q4 24 | 1.15× | 6.76× | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.23× | 0.80× |
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% |
TCBI
Segment breakdown not available.
