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

Onto Innovation (ONTO) recorded quarterly Tax Rate of 11.3% in Q1 2026, up 113.15% on a QoQ basis from 85.95% in Q1 2026, and up 75.0% YoY from 6.46% in Q1 2025.

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.

  • Tax Rate for Q1 2026 came in at 11.3%, up 75.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.24% (down 2289.0% YoY), and the FY2026 annual result was 0.22%, down 2078.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 11.3%, up from 85.95% in the prior quarter.
  • The five-year high for Tax Rate was 58.46% in Q4 2024, with the low at 85.95% in Q1 2026.
  • A 5-year average of 6.76% and a median of 9.92% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate jumped 4806 bps in 2024 and slumped 14440 bps in 2026, its largest moves.
  • Onto Innovation's Tax Rate stood at 1.01% in 2022, then soared by 1131 bps to 10.4% in 2023, then soared by 462 bps to 58.46% in 2024, then sank by 80 bps to 11.74% in 2025, then dropped by 4 bps to 11.3% in 2026.
  • The last three Tax Rate figures came in at 11.3% (Q1 2026), 85.95% (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 636.08 Bn 620.57 Bn 5.90 Bn -
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 12.99
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 9.25
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 15.23
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 13.35
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 25.69
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 1.07
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 11.30
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 13.93
10 Formfactor 8.32 Bn 8.14 Bn 86.79 Mn 2.06

Historic Data

Download Data
DateValue
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%
Dec 28, 2024 58.46%
Sep 28, 2024 13.05%
Sep 28, 2024 13.05%