Press release
MKS Inc. Reports Third Quarter 2025 Financial Results
Revenue of $988 million, at the high end of guidance GAAP net income of $74 million and net income per diluted share of $1.10, each in the upper half of
About this update from Mks Inc.
[{"type":"text","content":"Revenue of $988 million, at the high end of guidance GAAP net income of $74 million and net income per diluted share of $1.10, each in the upper half of guidanceAdjusted EBITDA of $240 million and Non-GAAP net earnings per diluted share of $1.93, each in the upper half of guidanceOperating cash flow of $197 million and free cash flow of $147 million, enabling continued focus on the prepayment of debt and reducing net leverage ratio to 3.9x ANDOVER, Mass., Nov. 05, 2025 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported its financial results for the third quarter of 2025. “We executed yet another solid quarter of financial performance, with revenues in each of our end markets as well as non-GAAP EPS in the upper half of our guidance,” said John T.C. Lee, President and Chief Executive Officer. “Our strong results quarter after quarter are a testament to the dedication and discipline of the global MKS team. Our investments to expand our portfolio over the past several years are paying off, with both our Semiconductor and Electronics & Packaging businesses poised to deliver double-digit revenue growth in 2025. Our broad portfolio of enabling technologies for advanced logic and memory nodes as well as advanced packaging position us as a critical supplier for customers addressing the complex challenges of electronic device manufacturing in the AI era.” “Solid revenue growth, combined with continued execution in managing our costs, has put us firmly on pace for another strong year of free cash flow,” said Ram Mayampurath, Executive Vice President and Chief Financial Officer. “In addition to investing in our industry-leading technologies and infrastructure, we are prioritizing debt reduction, exiting the quarter with a net leverage ratio below 4.0x and making another voluntary prepayment of $100 million in October.” Selected GAAP and Non-GAAP Financial Measures(In millions, except per share data) Three Months Ended Nine Months Ended Q3 2025 Q2 2025 Q3 2024 Q3 2025 Q3 2024Net Revenues Semiconductor$415 $432 $378 $1,261 $1,098 Electronics & Packaging 289 266 231 809 669 Specialty Industrial 284 275 287 828 885 Total net revenues$988 $973 $896 $2,898 $2,652 Gross Margin 46.6% 46.6% 48.2% 46.9% 47.8%GAAP Financial Measures Operating margin 14.0% 13.9% 14.3% 13.3% ...