Onto Innovation (ONTO) Gross Margin (2010 - 2026)

Onto Innovation (ONTO) recorded quarterly Gross Margin of 50.14% in Q1 2026, up 8.09% quarter-over-quarter from 46.39% in Q1 2026, and down 358.0% on a YoY basis from 19.43% in Q1 2025.

Onto Innovation (ONTO) Gross Margin (2010 - 2026) Analysis & Trends

Onto Innovation's Gross Margin history runs 17 years deep, the most recent figure standing at 50.14% for Q1 2026.

  • In Q1 2026, Gross Margin fell 358.0% year-over-year to 50.14%; the TTM figure through Mar 2026 stood at 48.8% (down 390.0% YoY), while the FY2026 annual figure was 49.72%, down 248.0% from the prior year.
  • Gross Margin was 50.14% for Q1 2026 at Onto Innovation, up from 46.39% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 54.61% in Q4 2022 to a low of 46.39% in Q1 2026.
  • Historically, Gross Margin has averaged 51.7% across 5 years, with a median of 51.69% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 485 bps in 2023, then jumped 250 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 54.18% in 2022, then decreased by 9 bps to 49.33% in 2023, then grew by 2 bps to 50.17% in 2024, then climbed by 1 bps to 50.7% in 2025, then declined by 1 bps to 50.14% in 2026.
  • The last three Gross Margin figures came in at 50.14% (Q1 2026), 46.39% (Q1 2026), and 50.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Asml Holding 14,963,355.55 Bn 14,963,340.04 Bn 5.90 Bn 51.98%
2 Lam Research 408.02 Bn 403.27 Bn 2.91 Bn 49.83%
3 Applied Materials 391.00 Bn 384.25 Bn 3.95 Bn 49.90%
4 Kla 277.01 Bn 272.05 Bn 2.09 Bn 61.12%
5 Teradyne 58.18 Bn 57.94 Bn 780.95 Mn 60.89%
6 Qnity Electronics 30.25 Bn 30.41 Bn 618.00 Mn 47.00%
7 Entegris 20.20 Bn 19.76 Bn 380.80 Mn 46.90%
8 Amkor Technology 16.87 Bn 15.05 Bn 239.03 Mn 14.19%
9 Onto Innovation 13.38 Bn 12.72 Bn 146.39 Mn 50.14%
10 Formfactor 9.68 Bn 9.38 Bn 86.79 Mn 38.38%

Historic Data

Download Data
DateValue
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%
Mar 27, 2021 53.44%