# Onto Innovation Q3 2026 Earnings Beat

> Onto Innovation reports 87.8% revenue growth and 57.6% gross margin in Q3 2026.
- Title: Onto Innovation Q3 2026 Earnings Beat · The Motley Fool
- Summary: Onto Innovation reports 87.8% revenue growth and 57.6% gross margin in Q3 2026. Onto Innovation's Q3 2026 results show 87.8% revenue growth, 57.6% gross…
- Keywords: onto innovation, q3 2026, revenue growth, gross margin, backlog, dragonfly g5, atlas g6, advanced packaging, advanced nodes, silicon photonics, The Motley Fool
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/11/10/onto-innovation-onto-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-11-10T06:13:15+00:00
- Read time: 1 min
- Topics: onto innovation, q3 2026, revenue growth, gross margin, backlog, dragonfly g5, atlas g6, advanced packaging, advanced nodes, silicon photonics, finance, money
## Q3 Results
Onto Innovation reported Q3 2026 revenue of $409.7 million, 87.8% growth.
## Gross Margin
Non-GAAP gross margin reached 57.6%, up 60 basis points from previous quarter.
## Operating Margin
Non-GAAP operating margin increased to 32.6%, up 260 basis points sequentially.
## Earnings
Non-GAAP EPS of $2.44, a 26% improvement from Q2.
## Q4 Guidance
Q4 revenue expected between $430 million and $450 million, 7% sequential increase.
## Backlog
Record backlog of $1.3 billion, 20% increase from prior quarter.
## Advanced Packaging
Advanced packaging revenue expected to exceed 80% growth for full year 2026.
## Advanced Nodes
Advanced nodes revenue of $135 million, 60% memory and 40% logic.
## Dragonfly G5
Dragonfly G5 orders doubled 2026 revenue for 2027 with application requests doubling.
## 3Di Metrology
3Di metrology revenue more than doubled prior year full year total.
## Panel Revenue
Panel revenue expected to double in 2026 with 40% growth in 2027.
## Power and Silicon Photonics
Power and silicon photonics revenue doubled in Q3 with significant growth expected through 2027.
## Q4 Margin Guidance
Q4 gross margin guidance of 57.7% to 58.3%, 350 basis points improvement since 2025.
## Rigaku Investment
Rigaku investment closed at $720 million for 27% ownership stake.
## Supply Chain
Operations moved to localized supply chain model within extended factories.
## Q4 EPS Guidance
Q4 non-GAAP EPS guidance of $2.59 to $2.79, midpoint $2.69.
## Key takeaway

Onto Innovation's Q3 2026 results show 87.8% revenue growth, 57.6% gross margin, and $1.3 billion backlog.