Stocks Comparison
Onto Innovation vs Owlet: revenue, profit, margins and growth compared
Onto Innovation brought in $1B of revenue in fiscal 2024, Owlet $105.7M in fiscal 2025. Revenue changed by +1.8% at Onto Innovation and +35.4% at Owlet on the year before, so Owlet grew faster. Onto Innovation kept 13.6% of its revenue as net profit, Owlet -37.5%. Free cash flow was $299.8M at Onto Innovation and -$11.1M at Owlet.
Side by side, latest fiscal year
| ONTO | OWLT | |
|---|---|---|
| Fiscal year ended | FY2024 (January 3, 2026) | FY2025 (December 31, 2025) |
| Revenue | $1B | $105.7M |
| Revenue growth | +1.8% | +35.4% |
| Net income | $136.8M | -$39.7M |
| Net margin | 13.6% | -37.5% |
| Free cash flow | $299.8M | -$11.1M |
| Free cash flow margin | 29.8% | -10.5% |
| Earnings per share (diluted) | $2.78 | -$2.31 |
| Cash | $346.1M | $35.5M |
| Debt | n/a | $13M |
| Price to earnings | 103.5 | n/a |
| Market value | $14.1B | $147.3M |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #271 of 451 · Industrials | #378 of 451 · Industrials |
Over the years
Questions about Onto Innovation and Owlet
Which is bigger by revenue, Onto Innovation or Owlet?
Onto Innovation is bigger by revenue: $1B in fiscal 2024, against $105.7M for Owlet in fiscal 2025.
Which keeps more of its revenue as profit, Onto Innovation or Owlet?
Onto Innovation had a net margin of 13.6% in fiscal 2024; Owlet had -37.5% in fiscal 2025.
Which grew revenue faster, Onto Innovation or Owlet?
In their latest fiscal years revenue changed by +1.8% at Onto Innovation and +35.4% at Owlet.
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.