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ONTO Current Contract Liabilities

Current Contract Liabilities

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As of the latest data point for Q4'25, ONTO's current contract liabilities have dropped sharply to 0 USD, following a previous value of 30.76M USD in Q3'25. This marks a significant decrease compared to the preceding quarters, where liabilities remained consistently above 26M USD. Analyzing the trend from Q1'23 to Q4'25, ONTO's current contract liabilities exhibited moderate fluctuations, with a notable surge to 46.6M USD in Q1'25 and a sustained high through Q2'25 (45.21M USD). However, after Q2'25, there was a sharp decline, culminating in a complete reduction to zero by Q4'25. This abrupt drop may indicate a major shift in contract activity or a change in revenue recognition practices during the period.