Onto Innovation (ONTO) Tax Rate (2010 - 2026)
Onto Innovation (ONTO) posted quarterly Tax Rate of 11.3% for Q1 2026, up 75.0% year-over-year from 6.46% in Q1 2025, and up 113.15% quarter-over-quarter from 85.95% in Q1 2026.
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.
- In Q1 2026, Tax Rate rose 75.0% year-over-year to 11.3%; the TTM figure through Mar 2026 stood at 2.24% (down 2289.0% YoY), while the FY2026 annual figure was 0.22%, down 2078.0% from the prior year.
- Tax Rate advanced to 11.3% in Q1 2026 per ONTO's latest filing, from 85.95% in the prior quarter.
- Across five years, Tax Rate topped out at 58.46% in Q4 2024 and bottomed at 85.95% in Q1 2026.
- Historically, Tax Rate has averaged 6.76% across 5 years, with a median of 9.92% in 2022.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 4806 bps — and 2026, when it slumped 14440 bps.
- Onto Innovation's Tax Rate stood at 1.01% in 2022, then jumped by 1131 bps to 10.4% in 2023, then jumped by 462 bps to 58.46% in 2024, then slumped by 80 bps to 11.74% in 2025, then declined by 4 bps to 11.3% in 2026.
- Business Quant data shows ONTO's Tax Rate at 11.3% in Q1 2026, 85.95% in Q1 2026, and 11.74% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 10.87% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 12.99% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 12.03% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 15.06% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 31.66% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 14.99% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 12.26% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 13.93% |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 15.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.26% |
| Jun 30, 2026 | 12.26% |
| Jun 30, 2026 | 12.26% |
| 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% |