Onto Innovation (ONTO) Tax Rate (2010 - 2026)
Onto Innovation (ONTO) recorded quarterly Tax Rate of 11.3% in Q1 2026, up 113.15% on a QoQ basis from 85.95% in Q1 2026, and up 75.0% YoY from 6.46% in Q1 2025.
Onto Innovation (ONTO) Tax Rate (2010 - 2026) Analysis & Trends
Onto Innovation (ONTO) has reported Tax Rate for 17 consecutive years, with 11.3% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 11.3%, up 75.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.24% (down 2289.0% YoY), and the FY2026 annual result was 0.22%, down 2078.0% from the prior year.
- Tax Rate for Q1 2026 stood at 11.3%, up from 85.95% in the prior quarter.
- The five-year high for Tax Rate was 58.46% in Q4 2024, with the low at 85.95% in Q1 2026.
- A 5-year average of 6.76% and a median of 9.92% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 4806 bps in 2024 and slumped 14440 bps in 2026, its largest moves.
- Onto Innovation's Tax Rate stood at 1.01% in 2022, then soared by 1131 bps to 10.4% in 2023, then soared by 462 bps to 58.46% in 2024, then sank by 80 bps to 11.74% in 2025, then dropped by 4 bps to 11.3% in 2026.
- The last three Tax Rate figures came in at 11.3% (Q1 2026), 85.95% (Q1 2026), and 11.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 636.08 Bn | 620.57 Bn | 5.90 Bn | - |
| 2 | Applied Materials | 406.04 Bn | 399.30 Bn | 3.95 Bn | 12.99 |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 9.25 |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 15.23 |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 13.35 |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 25.69 |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 1.07 |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 11.30 |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 13.93 |
| 10 | Formfactor | 8.32 Bn | 8.14 Bn | 86.79 Mn | 2.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.30% |
| Mar 31, 2026 | 11.30% |
| Mar 31, 2026 | 11.30% |
| Jan 3, 2026 | -85.95% |
| Jan 3, 2026 | -85.95% |
| Jan 3, 2026 | -85.95% |
| Sep 27, 2025 | 11.74% |
| Sep 27, 2025 | 11.74% |
| Sep 27, 2025 | 11.74% |
| Jun 28, 2025 | 14.67% |
| Jun 28, 2025 | 14.67% |
| Jun 28, 2025 | 14.67% |
| Mar 29, 2025 | 10.55% |
| Mar 29, 2025 | 10.55% |
| Mar 29, 2025 | 10.55% |
| Dec 28, 2024 | 58.46% |
| Dec 28, 2024 | 58.46% |
| Dec 28, 2024 | 58.46% |
| Sep 28, 2024 | 13.05% |
| Sep 28, 2024 | 13.05% |