Onto Innovation (ONTO) Q2 FY26 earnings call

Onto Innovation delivered a record Q2 FY26, driven by strong demand in advanced packaging and advanced nodes, particularly from AI and HBM applications. The company significantly raised its second-half revenue growth outlook and achieved record backlog, reflecting increased customer visibility and confidence in multi-year capacity plans. Management is focused on innovation, operational efficiency, and leveraging extended factories to sustain growth and margin expansion into 2027.