Onto Innovation ONTO
NYSE ONTO
$293.33 -5.51 (-1.84%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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%