Onto Innovation (ONTO) Tax Rate (2010 - 2026)
Onto Innovation (ONTO) posted quarterly Tax Rate of 11.3% for Q1 2026, up 75.0% YoY from 6.46% in Q1 2025, and down 75.47% sequentially from 46.07% in Q1 2026.
Onto Innovation (ONTO) Tax Rate (2010 - 2026) Analysis & Trends
Onto Innovation has disclosed Tax Rate across 17 years of filings, most recently posting 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 eased to 11.3% in Q1 2026, from 46.07% in the prior quarter.
- Over the last five years, Tax Rate for ONTO reached as high as 50.25% in Q4 2022 and fell as low as 4.79% in Q4 2024.
- The 5-year median for Tax Rate is 10.4% (2023), against an average of 14.38%.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 3985 bps — and 2026, when it surged 4129 bps.
- 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 soared by 145 bps to 11.74% in 2025, then dropped by 4 bps to 11.3% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 11.3%, 46.07%, and 11.74% for Q1 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 12.99% |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 9.25% |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 15.23% |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 13.35% |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 25.69% |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 1.07% |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 12.77% |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 2.06% |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 12.57% |
| 10 | Onto Innovation | 17.59 Mn | -636.57 Mn | 146.39 Mn | 11.30% |
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% |