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Geospace Technologies vs Onto Innovation: revenue, profit, margins and growth compared

Geospace Technologies brought in $110.8M of revenue in fiscal 2025, Onto Innovation $1B in fiscal 2024. Revenue changed by -18.3% at Geospace Technologies and +1.8% at Onto Innovation on the year before, so Onto Innovation grew faster. Geospace Technologies kept -8.8% of its revenue as net profit, Onto Innovation 13.6%. Free cash flow was -$30.2M at Geospace Technologies and $299.8M at Onto Innovation.

Side by side, latest fiscal year

GEOSONTO
Fiscal year endedFY2025 (September 30, 2025)FY2024 (January 3, 2026)
Revenue$110.8M$1B
Revenue growth-18.3%+1.8%
Net income-$9.7M$136.8M
Net margin-8.8%13.6%
Free cash flow-$30.2M$299.8M
Free cash flow margin-27.3%29.8%
Earnings per share (diluted)-$0.76$2.78
Cash$26.3M$346.1M
Debt$0n/a
Price to earningsn/a103.5
Market value$64.5M$14.1B
Dividend yieldn/an/a
Rank by revenue in sector#375 of 451 · Industrials#271 of 451 · Industrials

Over the years

Revenue
GEOS FY2018: $75.7MGEOS FY2019: $95.8MGEOS FY2020: $87.8MGEOS FY2021: $94.9MGEOS FY2022: $89.3MGEOS FY2023: $124.5MGEOS FY2024: $135.6MGEOS FY2025: $110.8MONTO FY2019: $273.8MONTO FY2019: $305.9MONTO FY2020: $556.5MONTO FY2021: $788.9MONTO FY2022: $1BONTO FY2022: $815.9MONTO FY2024: $987.3MONTO FY2024: $1BFY18FY19FY20FY21FY22FY23FY24FY25
GEOS $110.8MONTO $1B
Net income
GEOS FY2018: -$19.2MGEOS FY2019: -$146KGEOS FY2020: -$19.2MGEOS FY2021: -$14.1MGEOS FY2022: -$22.9MGEOS FY2023: $12.2MGEOS FY2024: -$6.6MGEOS FY2025: -$9.7MONTO FY2019: $45.1MONTO FY2019: $223.3MONTO FY2020: $31MONTO FY2021: $142.3MONTO FY2022: $223.3MONTO FY2022: $121.2MONTO FY2024: $201.7MONTO FY2024: $136.8MFY18FY19FY20FY21FY22FY23FY24FY25
GEOS -$9.7MONTO $136.8M
Net margin
GEOS FY2018: -25.4%GEOS FY2019: -0.2%GEOS FY2020: -21.9%GEOS FY2021: -14.8%GEOS FY2022: -25.6%GEOS FY2023: 9.8%GEOS FY2024: -4.9%GEOS FY2025: -8.8%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
GEOS -8.8%ONTO 13.6%
Revenue growth
GEOS FY2019: +26.5%GEOS FY2020: -8.3%GEOS FY2021: +8.0%GEOS FY2022: -5.9%GEOS FY2023: +39.5%GEOS FY2024: +8.9%GEOS FY2025: -18.3%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
GEOS -18.3%ONTO +1.8%
Free cash flow
GEOS FY2018: -$12.1MGEOS FY2019: $3.7MGEOS FY2020: $15.2MGEOS FY2021: -$10.4MGEOS FY2022: -$11.2MGEOS FY2023: $11.6MGEOS FY2024: -$12.9MGEOS FY2025: -$30.2MONTO FY2019: $27.6MONTO FY2019: $11.3MONTO FY2020: $102.2MONTO FY2021: $163.2MONTO FY2022: $118.3MONTO FY2022: $149.4MONTO FY2024: $213.8MONTO FY2024: $299.8MFY18FY19FY20FY21FY22FY23FY24FY25
GEOS -$30.2MONTO $299.8M

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

Questions about Geospace Technologies and Onto Innovation

Which is bigger by revenue, Geospace Technologies or Onto Innovation?

Onto Innovation is bigger by revenue: $1B in fiscal 2024, against $110.8M for Geospace Technologies in fiscal 2025.

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

Geospace Technologies had a net margin of -8.8% in fiscal 2025; Onto Innovation had 13.6% in fiscal 2024.

Which grew revenue faster, Geospace Technologies or Onto Innovation?

In their latest fiscal years revenue changed by -18.3% at Geospace Technologies 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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