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
DateValue
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%