Onto Innovation ONTO
NYSE ONTO
$281.19 +12.27 (+4.56%)
As of: Sep 11, 2026 · 3:59 PM EDT

Onto Innovation (ONTO) Tax Rate (2010 - 2026)

Onto Innovation's (ONTO) quarterly Tax Rate came in at 12.26% in Q2 2026, down 241.0% year-over-year from 8.7% in Q2 2025, and up 8.47% quarter-over-quarter from 11.31% in Q1 2026.

Analysis

Onto Innovation (ONTO) Tax Rate (2010 - 2026) Analysis & Trends

Onto Innovation (ONTO) has reported Tax Rate for 17 consecutive years, with 12.26% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate fell 241.0% year-over-year to 12.26% in Q2 2026; TTM through Jun 2026 was 21.21%, a 176.0% decrease from a year earlier, with the FY2026 full-year figure at 21.0%, changed 0.0% from the prior year.
  • Tax Rate was 12.26% for Q2 2026 at Onto Innovation, up from 11.31% in the prior quarter.
  • Over five years, Tax Rate peaked at 87.39% in Q1 2026 and troughed at 7.03% in Q3 2023.
  • A 5-year average of 23.23% and a median of 11.52% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate slumped 1825 bps in 2024 and surged 2893 bps in 2026, its largest moves.
  • Over 5 years, Tax Rate stood at 50.25% in 2022, then jumped by 53 bps to 76.7% in 2023, then declined by 24 bps to 58.46% in 2024, then slumped by 80 bps to 11.74% in 2025, then increased by 4 bps to 12.26% in 2026.
  • The last three Tax Rate figures came in at 12.26% (Q2 2026), 11.31% (Q1 2026), and 87.39% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Lam Research 374.58 Bn 369.00 Bn 3.48 Bn 10.87%
2 Applied Materials 362.85 Bn 353.62 Bn 4.59 Bn 12.69%
3 Kla 237.04 Bn 235.39 Bn 2.24 Bn 12.03%
4 Mks 18.07 Bn 17.46 Bn 595.00 Mn 17.84%
5 Onto Innovation 13.82 Bn 11.94 Bn 183.25 Mn 12.26%
6 Nova 11.15 Bn 10.53 Bn 144.16 Mn 15.82%
7 Camtek 6.80 Bn 6.49 Bn 66.70 Mn -31.86%
8 ACM Research 4.89 Bn 3.55 Bn 134.62 Mn 9.93%
9 Kulicke & Soffa Industries 4.50 Bn 3.98 Bn 157.95 Mn 21.09%
10 Axcelis Technologies 3.52 Bn 3.12 Bn 91.19 Mn 8.28%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.26%
Mar 31, 2026 11.31%
Jan 3, 2026 87.39%
Sep 27, 2025 11.74%
Jun 28, 2025 14.67%
Mar 29, 2025 10.61%
Dec 28, 2024 58.46%
Sep 28, 2024 13.05%
Jun 29, 2024 7.54%
Mar 30, 2024 7.94%
Dec 30, 2023 76.70%
Sep 30, 2023 7.27%
Jul 1, 2023 7.03%
Apr 1, 2023 9.73%
Dec 31, 2022 50.25%
Oct 1, 2022 12.77%
Jul 2, 2022 9.92%
Apr 2, 2022 9.48%
Sep 25, 2021 15.37%
Jun 26, 2021 2.52%