Onto Innovation (ONTO) Gross Margin (2010 - 2026)
Onto Innovation's (ONTO) quarterly Gross Margin came in at 53.41% in Q2 2026, up 525.0% year-over-year from 8.55% in Q2 2025, and up 6.51% quarter-over-quarter from 50.14% in Q1 2026.
Analysis
Onto Innovation (ONTO) Gross Margin (2010 - 2026) Analysis & Trends
Onto Innovation (ONTO) has reported Gross Margin for 17 consecutive years, with 53.41% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 525.0% year-over-year to 53.41% in Q2 2026; TTM through Jun 2026 was 50.36%, a 118.0% decrease from a year earlier, with the FY2026 full-year figure at 49.72%, down 248.0% from the prior year.
- Gross Margin was 53.41% for Q2 2026 at Onto Innovation, up from 50.14% in the prior quarter.
- Over five years, Gross Margin peaked at 54.61% in Q4 2022 and troughed at 46.39% in Q1 2026.
- A 5-year average of 51.79% and a median of 52.19% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 485 bps in 2023 and surged 525 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 54.18% in 2022, then declined by 9 bps to 49.33% in 2023, then gained by 2 bps to 50.17% in 2024, then rose by 1 bps to 50.7% in 2025, then gained by 5 bps to 53.41% in 2026.
- The last three Gross Margin figures came in at 53.41% (Q2 2026), 50.14% (Q1 2026), and 46.39% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 51.75% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 50.31% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 61.36% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 47.68% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 53.41% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 56.54% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 50.06% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 45.96% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 47.80% |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 42.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.41% |
| Mar 31, 2026 | 50.14% |
| Jan 3, 2026 | 46.39% |
| Sep 27, 2025 | 50.70% |
| Jun 28, 2025 | 48.16% |
| Mar 29, 2025 | 53.72% |
| Dec 28, 2024 | 50.17% |
| Sep 28, 2024 | 54.07% |
| Jun 29, 2024 | 52.92% |
| Mar 30, 2024 | 51.69% |
| Dec 30, 2023 | 49.33% |
| Sep 30, 2023 | 51.57% |
| Jul 1, 2023 | 52.69% |
| Apr 1, 2023 | 52.71% |
| Dec 31, 2022 | 54.18% |
| Oct 1, 2022 | 54.61% |
| Jul 2, 2022 | 51.55% |
| Apr 2, 2022 | 54.29% |
| Sep 25, 2021 | 54.52% |
| Jun 26, 2021 | 54.53% |