Which has grown faster, IREN or ONTO?

Over the past five years, IREN grew revenue faster — IREN at a 160.68% CAGR versus ONTO at 11.67%.

Is IREN or ONTO more profitable?

ONTO runs the higher net margin — IREN at -99.38% versus ONTO at 11.84%.

IREN Limited (IREN) vs Onto Innovation Inc. (ONTO)

A side-by-side comparison of IREN Limited and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 1, 2026. Differences are shown without an overall score or investment verdict.

IREN

IREN Limited

$13.14B

$36.82TechnologyDelayed quote: Sep 1, 2026, 4:00 PM EDT

ONTO

Onto Innovation Inc.

$12.75B

$256.37TechnologyDelayed quote: Sep 1, 2026, 4:00 PM EDT

Total return — IREN vs ONTO

growth of $100 · dividends reinvested · last 5y

IREN +50.6% (+8.5%/yr)ONTO +190.4% (+23.8%/yr)ONTO compounded faster over this window

IREN ONTO

IREN vs ONTO: by the numbers

•IREN is the larger company ($13.14B vs $12.75B market cap).
•ONTO is profitable (11.84% net margin) while IREN runs a net loss (-99.38%).
•IREN grew revenue faster over the past five years (160.68% vs 11.67% CAGR).

Metrics side by side

Valuation

Metric	IREN	ONTO
P/E ratio	N/A	96.38
Forward P/E	N/A	51.60
P/S ratio	18.85	11.37
P/B ratio	3.18	6.62
EV / EBITDA	N/A	52.57
FCF yield	N/A	1.98%

Profitability

Metric	IREN	ONTO
Gross margin	68.93%	50.36%
Operating margin	-148.05%	12.48%
Net margin	-99.38%	11.84%
ROE	-16.79%	6.90%
ROIC	-7.62%	3.42%

Growth (annualized)

Metric	IREN	ONTO
Revenue CAGR (5Y)	160.68%	11.67%
EPS CAGR (5Y)	N/A	-0.96%
FCF CAGR (5Y)	N/A	15.11%
Total return CAGR (5Y)	N/A	27.83%

Frequently asked

Which has grown faster, IREN or ONTO?: Over the past five years, IREN grew revenue faster — IREN at a 160.68% CAGR versus ONTO at 11.67%.
Is IREN or ONTO more profitable?: ONTO runs the higher net margin — IREN at -99.38% versus ONTO at 11.84%.

Go deeper

Full IREN analysis Full ONTO analysis Interactive comparison tool

Dig into the metrics

Onto Innovation P/E ratio IREN ROE Onto Innovation ROE IREN operating margin Onto Innovation operating margin IREN revenue growth Onto Innovation revenue growth IREN free cash flow Onto Innovation free cash flow

IREN & Onto Innovation appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 1, 2026.