Onto Innovation (ONTO) Tax Rate (2010 - 2026)
Onto Innovation (ONTO) recorded quarterly Tax Rate of 11.3% in Q1 2026, down 75.47% quarter-over-quarter from 46.07% in Q1 2026, and up 75.0% on a YoY basis from 6.46% in Q1 2025.
Onto Innovation (ONTO) Tax Rate (2010 - 2026) Analysis & Trends
Onto Innovation's Tax Rate history runs 17 years deep, the most recent figure standing at 11.3% for Q1 2026.
- In Q1 2026, Tax Rate rose 75.0% year-over-year to 11.3%; the TTM figure through Mar 2026 stood at 17.7% (up 845.0% YoY), while the FY2026 annual figure was 16.05%, up 753.0% from the prior year.
- Tax Rate was 11.3% for Q1 2026 at Onto Innovation, down from 46.07% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 50.25% in Q4 2022 to a low of 4.79% in Q4 2024.
- Historically, Tax Rate has averaged 14.38% across 5 years, with a median of 10.4% in 2023.
- The sharpest annual moves came in 2023 and 2026: Tax Rate sank 3985 bps in 2023, then soared 4129 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 50.25% in 2022, then plunged by 79 bps to 10.4% in 2023, then plunged by 54 bps to 4.79% in 2024, then surged by 145 bps to 11.74% in 2025, then fell by 4 bps to 11.3% in 2026.
- The last three Tax Rate figures came in at 11.3% (Q1 2026), 46.07% (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 | 14,996,080.76 Bn | 14,996,065.25 Bn | 5.90 Bn | - |
| 2 | Lam Research | 409.52 Bn | 404.77 Bn | 2.91 Bn | 9.25% |
| 3 | Applied Materials | 389.06 Bn | 382.32 Bn | 3.95 Bn | 12.99% |
| 4 | Kla | 280.01 Bn | 275.05 Bn | 2.09 Bn | 15.23% |
| 5 | Teradyne | 57.58 Bn | 57.34 Bn | 780.95 Mn | 13.35% |
| 6 | Qnity Electronics | 30.30 Bn | 30.47 Bn | 618.00 Mn | 25.69% |
| 7 | Entegris | 20.39 Bn | 19.94 Bn | 380.80 Mn | 1.07% |
| 8 | Amkor Technology | 17.53 Bn | 15.72 Bn | 239.03 Mn | 12.77% |
| 9 | Onto Innovation | 13.62 Bn | 12.97 Bn | 146.39 Mn | 11.30% |
| 10 | Formfactor | 9.34 Bn | 9.04 Bn | 86.79 Mn | 2.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.30% |
| Mar 31, 2026 | 11.30% |
| Jan 3, 2026 | 46.07% |
| Jan 3, 2026 | 46.07% |
| Sep 27, 2025 | 11.74% |
| Sep 27, 2025 | 11.74% |
| Jun 28, 2025 | 14.67% |
| Jun 28, 2025 | 14.67% |
| Mar 29, 2025 | 10.55% |
| Mar 29, 2025 | 10.55% |
| Dec 28, 2024 | 4.79% |
| Dec 28, 2024 | 4.79% |
| Sep 28, 2024 | 13.05% |
| Sep 28, 2024 | 13.05% |
| Jun 29, 2024 | 7.54% |
| Jun 29, 2024 | 7.54% |
| Mar 30, 2024 | 7.94% |
| Mar 30, 2024 | 7.94% |
| Dec 30, 2023 | 10.40% |
| Dec 30, 2023 | 10.40% |