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Birchtech vs Onto Innovation: revenue, profit, margins and growth compared

Birchtech brought in $17.6M of revenue in fiscal 2025, Onto Innovation $1B in fiscal 2024. Revenue changed by +1.3% at Birchtech and +1.8% at Onto Innovation on the year before, so Onto Innovation grew faster. Birchtech kept -17.2% of its revenue as net profit, Onto Innovation 13.6%. Free cash flow was -$729.4K at Birchtech and $299.8M at Onto Innovation.

Side by side, latest fiscal year

BCHTONTO
Fiscal year endedFY2025 (December 31, 2025)FY2024 (January 3, 2026)
Revenue$17.6M$1B
Revenue growth+1.3%+1.8%
Net income-$3M$136.8M
Net margin-17.2%13.6%
Free cash flow-$729.4K$299.8M
Free cash flow margin-4.1%29.8%
Earnings per share (diluted)-$0.16$2.78
Cash$2.2M$346.1M
Debtn/an/a
Price to earningsn/a103.5
Market value$42.4M$14.1B
Dividend yieldn/an/a
Rank by revenue in sector#460 of 518 · Industrials#272 of 518 · Industrials

Over the years

Revenue
BCHT FY2018: $12.3MBCHT FY2019: $11.4MBCHT FY2020: $8.2MBCHT FY2021: $13MBCHT FY2022: $21.6MBCHT FY2023: $17.6MBCHT FY2024: $17.4MBCHT FY2025: $17.6MONTO FY2019: $273.8MONTO FY2019: $305.9MONTO FY2020: $556.5MONTO FY2021: $788.9MONTO FY2022: $1BONTO FY2022: $815.9MONTO FY2024: $987.3MONTO FY2024: $1BFY18FY19FY20FY21FY22FY23FY24FY25
BCHT $17.6MONTO $1B
Net income
BCHT FY2018: -$4.8MBCHT FY2019: -$6.1MBCHT FY2020: -$5.8MBCHT FY2021: -$3.6MBCHT FY2022: -$1.6MBCHT FY2023: $5.7MBCHT FY2024: -$10.8MBCHT FY2025: -$3MONTO FY2019: $45.1MONTO FY2019: $223.3MONTO FY2020: $31MONTO FY2021: $142.3MONTO FY2022: $223.3MONTO FY2022: $121.2MONTO FY2024: $201.7MONTO FY2024: $136.8MFY18FY19FY20FY21FY22FY23FY24FY25
BCHT -$3MONTO $136.8M
Net margin
BCHT FY2018: -39.2%BCHT FY2019: -53.4%BCHT FY2020: -71.4%BCHT FY2021: -27.9%BCHT FY2022: -7.3%BCHT FY2023: 32.2%BCHT FY2024: -62.1%BCHT FY2025: -17.2%ONTO FY2019: 16.5%ONTO FY2019: 73.0%ONTO FY2020: 5.6%ONTO FY2021: 18.0%ONTO FY2022: 22.2%ONTO FY2022: 14.9%ONTO FY2024: 20.4%ONTO FY2024: 13.6%FY18FY19FY20FY21FY22FY23FY24FY25
BCHT -17.2%ONTO 13.6%
Revenue growth
BCHT FY2019: -7.1%BCHT FY2020: -28.5%BCHT FY2021: +59.5%BCHT FY2022: +66.2%BCHT FY2023: -18.5%BCHT FY2024: -1.2%BCHT FY2025: +1.3%ONTO FY2019: +11.7%ONTO FY2020: +81.9%ONTO FY2021: +41.8%ONTO FY2022: +27.4%ONTO FY2022: -18.8%ONTO FY2024: +21.0%ONTO FY2024: +1.8%FY19FY20FY21FY22FY23FY24FY25
BCHT +1.3%ONTO +1.8%
Free cash flow
BCHT FY2020: -$1.2MBCHT FY2021: -$217KBCHT FY2022: $60.3KBCHT FY2023: $19.2MBCHT FY2024: -$4.9MBCHT FY2025: -$729.4KONTO FY2019: $27.6MONTO FY2019: $11.3MONTO FY2020: $102.2MONTO FY2021: $163.2MONTO FY2022: $118.3MONTO FY2022: $149.4MONTO FY2024: $213.8MONTO FY2024: $299.8MFY19FY20FY21FY22FY23FY24FY25
BCHT -$729.4KONTO $299.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Birchtech and Onto Innovation

Which is bigger by revenue, Birchtech or Onto Innovation?

Onto Innovation is bigger by revenue: $1B in fiscal 2024, against $17.6M for Birchtech in fiscal 2025.

Which keeps more of its revenue as profit, Birchtech or Onto Innovation?

Birchtech had a net margin of -17.2% in fiscal 2025; Onto Innovation had 13.6% in fiscal 2024.

Which grew revenue faster, Birchtech or Onto Innovation?

In their latest fiscal years revenue changed by +1.3% at Birchtech and +1.8% at Onto Innovation.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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