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Onto Innovation ONTO Deferred Tax Assets

Deferred Tax Assets at other companies

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Other financials

Income statement

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Revenue$291.9M+9.5%
Gross profit$146.4M+2.2%
Operating income$33.5M-46.9%
Net income$33.8M-1.3%
EPS (diluted)$0.67-48.5%

Balance sheet

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Cash & equivalents$252.2M+23.8%
Total debt$17.5M+15.3%
Total equity$2.1B+11.1%
Total assets$2.4B+13.3%

Cash flow

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Operating cash flow$26.3M-71.4%
CapEx$3.6M-56.5%
Free cash flow$22.7M-72.9%

Valuation

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Market cap$16.6B+70.5%
P/E121.8×+69.3×
P/S16.1×+6.6×

Profitability

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Gross margin48.8%-3.9pp
Operating margin10%-10.2pp
Net margin13.2%-4.9pp

Returns & leverage

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Return on equity6.7%-3.3pp
Debt / equity0.0×
Current ratio6.2×-2.3×

Where this comes from

Reported directly by Onto Innovation in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxLiabilitiesNet.

The official record: Onto Innovation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Onto Innovation's deferred tax assets?
Onto Innovation (ONTO) reported deferred tax assets of $20.27M in Q1 2026.
How has Onto Innovation's deferred tax assets changed year-over-year?
Onto Innovation's deferred tax assets increased by 506700.0% year-over-year, from $4K to $20.27M.
What is the long-term trend for Onto Innovation's deferred tax assets?
Over 5 years (2020 to 2025), Onto Innovation's deferred tax assets has grown at a -18.2% compound annual growth rate (CAGR), from $55.62M to $20.4M.
What does deferred tax assets mean?
Future tax savings the company expects to realize.
How do you interpret deferred tax assets?
An increase often reflects past operating losses or specific accounting timing differences that can offset future tax liabilities.
How does deferred tax assets compare across companies?
Highly dependent on the specific tax jurisdiction and historical profitability of the company.