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

Onto Innovation (ONTO) recorded quarterly Tax Rate of 11.3% in Q1 2026, down 75.47% quarter-over-quarter from 46.07% in Q1 2026, and up 75.0% on a YoY basis from 6.46% in Q1 2025.

Onto Innovation (ONTO) Tax Rate (2010 - 2026) Analysis & Trends

Onto Innovation's Tax Rate history runs 17 years deep, the most recent figure standing at 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 was 11.3% for Q1 2026 at Onto Innovation, down from 46.07% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 50.25% in Q4 2022 to a low of 4.79% in Q4 2024.
  • Historically, Tax Rate has averaged 14.38% across 5 years, with a median of 10.4% in 2023.
  • The sharpest annual moves came in 2023 and 2026: Tax Rate sank 3985 bps in 2023, then soared 4129 bps in 2026.
  • 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 surged by 145 bps to 11.74% in 2025, then fell by 4 bps to 11.3% in 2026.
  • The last three Tax Rate figures came in at 11.3% (Q1 2026), 46.07% (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 14,996,080.76 Bn 14,996,065.25 Bn 5.90 Bn -
2 Lam Research 409.52 Bn 404.77 Bn 2.91 Bn 9.25%
3 Applied Materials 389.06 Bn 382.32 Bn 3.95 Bn 12.99%
4 Kla 280.01 Bn 275.05 Bn 2.09 Bn 15.23%
5 Teradyne 57.58 Bn 57.34 Bn 780.95 Mn 13.35%
6 Qnity Electronics 30.30 Bn 30.47 Bn 618.00 Mn 25.69%
7 Entegris 20.39 Bn 19.94 Bn 380.80 Mn 1.07%
8 Amkor Technology 17.53 Bn 15.72 Bn 239.03 Mn 12.77%
9 Onto Innovation 13.62 Bn 12.97 Bn 146.39 Mn 11.30%
10 Formfactor 9.34 Bn 9.04 Bn 86.79 Mn 2.06%

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%