| Stage | CRDO | % of rev | ONTO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $479M | 100.00% | $343M | 100.00% | CRDO ×1.40 |
| Gross profit | $309M | 64.53% | $183M | 53.41% | CRDO +11.1pp |
| Operating income | $121M | 25.20% | $64M | 18.52% | CRDO +6.7pp |
| Pre-tax income | $129M | 26.90% | $68M | 19.96% | CRDO +6.9pp |
| Net income | $129M | 27.02% | $60M | 17.52% | CRDO +9.5pp |
| Stage | CRDO | ONTO | Gap · A − B |
|---|---|---|---|
| Revenue | $479M100.00% | $343M100.00% | CRDO ×1.40 |
| Gross profit | 64.53%$309M | 53.41%$183M | CRDO +11.1pp |
| Operating income | 25.20%$121M | 18.52%$64M | CRDO +6.7pp |
| Pre-tax income | 26.90%$129M | 19.96%$68M | CRDO +6.9pp |
| Net income |
| 27.02%$129M |
| 17.52%$60M |
| CRDO +9.5pp |
CRDO 10-KJul 2 '25
“We currently outsource all of our IC manufacturing to TSMC, with the assembly and testing processes outsourced to other subcontractors primarily in Asia.”
ONTO 10-KFeb 24 '26
“The effect of these types of events on our revenue and cash flows could be material because we derive substantial revenue from sales to semiconductor device foundries in Taiwan such as Taiwan Semiconductor Manufacturing Company Ltd., from memory chip manufacturers in South Korea such as Samsung Electronics Co., Ltd., and from semiconductor device manufacturers in Japan such as Toshiba Corporation.”