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Side-by-side financial comparison of ONTO INNOVATION INC. (ONTO) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $218.2M, roughly 1.8× ONTO INNOVATION INC.). ONTO INNOVATION INC. runs the higher net margin — 12.9% vs 1.5%, a 11.4% gap on every dollar of revenue. On growth, EXPRO GROUP HOLDINGS N.V. posted the faster year-over-year revenue change (-12.5% vs -13.5%). ONTO INNOVATION INC. produced more free cash flow last quarter ($82.0M vs $23.2M). Over the past eight quarters, ONTO INNOVATION INC.'s revenue compounded faster (2.6% CAGR vs -0.2%).

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.

Expro is an energy services provider headquartered in Houston, Texas, United States.

ONTO vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.8× larger
XPRO
$382.1M
$218.2M
ONTO
Growing faster (revenue YoY)
XPRO
XPRO
+1.0% gap
XPRO
-12.5%
-13.5%
ONTO
Higher net margin
ONTO
ONTO
11.4% more per $
ONTO
12.9%
1.5%
XPRO
More free cash flow
ONTO
ONTO
$58.8M more FCF
ONTO
$82.0M
$23.2M
XPRO
Faster 2-yr revenue CAGR
ONTO
ONTO
Annualised
ONTO
2.6%
-0.2%
XPRO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ONTO
ONTO
XPRO
XPRO
Revenue
$218.2M
$382.1M
Net Profit
$28.2M
$5.8M
Gross Margin
50.7%
Operating Margin
10.9%
3.1%
Net Margin
12.9%
1.5%
Revenue YoY
-13.5%
-12.5%
Net Profit YoY
-46.8%
-74.9%
EPS (diluted)
$0.57
$0.05

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
XPRO
XPRO
Q4 25
$382.1M
Q3 25
$218.2M
$411.4M
Q2 25
$253.6M
$422.7M
Q1 25
$266.6M
$390.9M
Q4 24
$263.9M
$436.8M
Q3 24
$252.2M
$422.8M
Q2 24
$242.3M
$469.6M
Q1 24
$228.8M
$383.5M
Net Profit
ONTO
ONTO
XPRO
XPRO
Q4 25
$5.8M
Q3 25
$28.2M
$14.0M
Q2 25
$33.9M
$18.0M
Q1 25
$64.1M
$13.9M
Q4 24
$48.8M
$23.0M
Q3 24
$53.1M
$16.3M
Q2 24
$52.9M
$15.3M
Q1 24
$46.9M
$-2.7M
Gross Margin
ONTO
ONTO
XPRO
XPRO
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 24
51.7%
Operating Margin
ONTO
ONTO
XPRO
XPRO
Q4 25
3.1%
Q3 25
10.9%
6.4%
Q2 25
12.7%
7.7%
Q1 25
23.7%
2.6%
Q4 24
16.1%
7.3%
Q3 24
21.0%
6.2%
Q2 24
20.2%
5.9%
Q1 24
18.7%
2.2%
Net Margin
ONTO
ONTO
XPRO
XPRO
Q4 25
1.5%
Q3 25
12.9%
3.4%
Q2 25
13.4%
4.3%
Q1 25
24.0%
3.6%
Q4 24
18.5%
5.3%
Q3 24
21.0%
3.8%
Q2 24
21.9%
3.3%
Q1 24
20.5%
-0.7%
EPS (diluted)
ONTO
ONTO
XPRO
XPRO
Q4 25
$0.05
Q3 25
$0.57
$0.12
Q2 25
$0.69
$0.16
Q1 25
$1.30
$0.12
Q4 24
$0.98
$0.20
Q3 24
$1.07
$0.14
Q2 24
$1.07
$0.13
Q1 24
$0.94
$-0.02

Balance Sheet & Financial Strength

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

Metric
ONTO
ONTO
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$603.1M
$196.1M
Total DebtLower is stronger
$79.1M
Stockholders' EquityBook value
$2.0B
$1.5B
Total Assets
$2.2B
$2.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONTO
ONTO
XPRO
XPRO
Q4 25
$196.1M
Q3 25
$603.1M
$197.9M
Q2 25
$217.5M
$206.8M
Q1 25
$203.7M
$179.3M
Q4 24
$212.9M
$183.0M
Q3 24
$188.7M
$165.7M
Q2 24
$172.6M
$133.5M
Q1 24
$190.9M
$163.2M
Total Debt
ONTO
ONTO
XPRO
XPRO
Q4 25
$79.1M
Q3 25
$99.1M
Q2 25
$121.1M
Q1 25
$121.1M
Q4 24
$121.1M
Q3 24
$121.1M
Q2 24
$121.1M
Q1 24
$40.0M
Stockholders' Equity
ONTO
ONTO
XPRO
XPRO
Q4 25
$1.5B
Q3 25
$2.0B
$1.5B
Q2 25
$2.0B
$1.5B
Q1 25
$1.9B
$1.5B
Q4 24
$1.9B
$1.5B
Q3 24
$1.9B
$1.5B
Q2 24
$1.8B
$1.5B
Q1 24
$1.8B
$1.3B
Total Assets
ONTO
ONTO
XPRO
XPRO
Q4 25
$2.3B
Q3 25
$2.2B
$2.3B
Q2 25
$2.1B
$2.3B
Q1 25
$2.1B
$2.3B
Q4 24
$2.1B
$2.3B
Q3 24
$2.1B
$2.3B
Q2 24
$2.0B
$2.3B
Q1 24
$2.0B
$2.0B
Debt / Equity
ONTO
ONTO
XPRO
XPRO
Q4 25
0.05×
Q3 25
0.07×
Q2 25
0.08×
Q1 25
0.08×
Q4 24
0.08×
Q3 24
0.08×
Q2 24
0.08×
Q1 24
0.03×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$83.4M
$57.1M
Free Cash FlowOCF − Capex
$82.0M
$23.2M
FCF MarginFCF / Revenue
37.6%
6.1%
Capex IntensityCapex / Revenue
0.6%
8.9%
Cash ConversionOCF / Net Profit
2.95×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$261.3M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONTO
ONTO
XPRO
XPRO
Q4 25
$57.1M
Q3 25
$83.4M
$63.2M
Q2 25
$57.9M
$48.4M
Q1 25
$92.0M
$41.5M
Q4 24
$56.0M
$97.4M
Q3 24
$67.2M
$55.3M
Q2 24
$65.3M
$-13.2M
Q1 24
$57.1M
$29.9M
Free Cash Flow
ONTO
ONTO
XPRO
XPRO
Q4 25
$23.2M
Q3 25
$82.0M
$39.0M
Q2 25
$44.2M
$27.2M
Q1 25
$83.7M
$8.4M
Q4 24
$51.4M
$53.0M
Q3 24
$59.2M
$23.3M
Q2 24
$53.0M
$-49.5M
Q1 24
$50.2M
$-801.0K
FCF Margin
ONTO
ONTO
XPRO
XPRO
Q4 25
6.1%
Q3 25
37.6%
9.5%
Q2 25
17.4%
6.4%
Q1 25
31.4%
2.1%
Q4 24
19.5%
12.1%
Q3 24
23.5%
5.5%
Q2 24
21.9%
-10.5%
Q1 24
21.9%
-0.2%
Capex Intensity
ONTO
ONTO
XPRO
XPRO
Q4 25
8.9%
Q3 25
0.6%
5.9%
Q2 25
5.4%
5.0%
Q1 25
3.1%
8.5%
Q4 24
1.8%
10.2%
Q3 24
3.2%
7.6%
Q2 24
5.1%
7.7%
Q1 24
3.0%
8.0%
Cash Conversion
ONTO
ONTO
XPRO
XPRO
Q4 25
9.89×
Q3 25
2.95×
4.52×
Q2 25
1.71×
2.69×
Q1 25
1.44×
2.98×
Q4 24
1.15×
4.23×
Q3 24
1.27×
3.40×
Q2 24
1.23×
-0.86×
Q1 24
1.22×

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%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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