Entegris, Inc. · NASDAQ:ENTG
Entegris — Q1 2026 Earnings Presentation
19 slides from Entegris's earnings presentation, Apr 30, 2026
Slide 1: Entegris Earnings Summary First Quarter 2026
Entegris Earnings Summary First Quarter 2026 April 30, 2026 ENTEGRIS PROPRIETARY AND CONFIDENTIAL – INTERNAL
Slide 2: Safe Harbor
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Safe Harbor This presentation contains “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “may,” “will,” “would” or the negative thereof and similar expressions are intended to
Slide 3: Summary – Consolidated Statement of Operations GAAP
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Summary – Consolidated Statement of Operations GAAP $ in millions, except per share data 1Q26 1Q25 4Q25 1Q26 over 1Q25 1Q26 over 4Q25 Net Sales $811.9 $773.2 $823.9 5.0% (1.5%) Gross Margin 46.9% 46.1% 43.8% Operating Expenses $239.2 $234.2 $255.7 2.1% (6
Slide 4: Summary – Consolidated Statement of Operations Non-GAAP
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Summary – Consolidated Statement of Operations Non-GAAP1 $ in millions, except per share data 1Q26 1Q25 4Q25 1Q26 over 1Q25 1Q26 over 4Q25 Net Sales $811.9 $773.2 $823.9 5.0% (1.5%) Adjusted Gross Margin – as a % of Net Sales2 46.9% 46.1% 44.0% Non-GAAP O
Slide 5: Materials Solutions (MS)
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Materials Solutions (MS) Sales increase (YOY) was 1Q26 Highlights primarily driven by advanced deposition materials, selective etch 1Q26 over 1Q26 over $ in millions 1Q26 1Q25 4Q25 1Q25 4Q25 and CMP consumables Net Sales $351.1 $341.4 $361.8 2.8% (3.0%) S
Slide 6: Advanced Purity Solutions (APS)
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Advanced Purity Solutions (APS) 1Q26 Highlights Sales increase (YOY) was 1Q26 over 1Q26 over primarily driven by strong $ in millions 1Q26 1Q25 4Q25 1Q25 4Q25 growth in liquid filtration Net Sales $463.6 $433.9 $464.5 6.8% (0.2)% and FOUPS. Segment Profit
Slide 7: Summary – Balance Sheet Items
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Summary – Balance Sheet Items $ in millions 1Q26 1Q25 4Q25 $ Amount % Total $ Amount % Total $ Amount % Total Cash and Cash Equivalents $442.7 5.2% $340.9 4.0% $360.4 4.3% Accounts Receivable, Net $529.5 6.2% $500.5 5.9% $458.7 5.5% Inventories, Net $644.
Slide 8: Summary – Cash Flows
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Summary – Cash Flows $ in millions 1Q26 1Q25 4Q25 Beginning Cash Balance $360.4 $329.2 $399.8 Cash provided by operating activities 183.0 140.4 192.0 Capital expenditures (41.5) (108.0) (58.0) Proceeds from government incentives 2.0 — — Other investing ac
Slide 9: Outlook
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Outlook GAAP $ in millions, except share data 2Q26 Guidance 1Q26 Actual 4Q25 Actual Net Sales $815 - $845 $811.9 $823.9 Operating Expenses $238 - $244 $239.2 $255.7 Net Income $82 - $94 $92.0 $49.4 Diluted Earnings per Common Share $0.53 - $0.61 $0.60 $0.
Slide 10: Appendix
CO Entegris Appendix
Slide 11: Consolidated (as reported) Summary Financials Non-GAAP
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Consolidated (as reported) Summary Financials Non-GAAP1 $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 Net Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 Adjusted Gross Margin % 46.1% 44.6% 43.6% 44.0% 44.6% 46.9% Non-GAAP Operating Expenses $185.9 $188
Slide 12: Segment (as reported) Financials Non-GAAP
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Segment (as reported) Financials Non-GAAP1 $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 Net Sales: MS $341.4 $354.9 $348.6 $361.8 $1,406.7 $351.1 APS 433.9 439.9 460.8 464.5 1,799.1 463.6 Inter-segment elimination (2.1) (2.4) (2.3) (2.4) (9.2) (2.8) Tota
Slide 13: Reconciliation of Gross Profit to Adjusted Gross Profit
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of Gross Profit (as reported) to Adjusted Gross Profit $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 Net Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 Gross profit - GAAP $356.5 $351.5 $351.3 $360.6 $1,419.9 $380.8 Adjustments to gross
Slide 14: Reconciliation of GAAP Operating Expenses to Non-GAAP
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Operating Expenses (as reported) to Non-GAAP $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 GAAP Operating Expenses $234.2 $245.4 $228.7 $255.7 $964.0 $239.2 Adjustments to operating expenses: Restructuring costs1 2.2 11.2 1.4 10.6 2
Slide 15: Reconciliation of MS and APS Segment Profit to Adjusted Segment Profit
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of MS Segment Profit to Adjusted MS Segment Profit Non-GAAP $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 MS segment profit $75.0 $72.5 $65.2 $63.9 $276.6 $75.9 Restructuring costs1 0.1 3.0 0.7 0.9 4.7 1.2 Loss from the sale of business — —
Slide 16: GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 Net Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 Net income 62.9 52.8 70.5 49.4 235.6 92.0 Net income - as a % of net sal
Slide 17: GAAP Net Income and EPS to Non-GAAP Net Income and EPS
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Net Income and Diluted Earnings per Common Share to Non-GAAP Net Income and Diluted Non-GAAP Earnings per Common Share $ in millions, except per share data 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 GAAP net income $62.9 $52.8 $70.5 $49.4 $235
Slide 18: GAAP Outlook to Non-GAAP Outlook
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Outlook to Non-GAAP Outlook* $ in millions Second Quarter Outlook Reconciliation GAAP operating expenses to non-GAAP operating expenses: June 27, 2026 GAAP operating expenses $238 - $244 Adjustments to net income: Amortization of in
Slide 19: GAAP Outlook to Non-GAAP Outlook (continued)
ENTEGRIS FIRST QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Outlook to Non-GAAP Outlook* (continued) $ in millions Second Quarter Outlook Reconciliation GAAP operating income to non-GAAP operating income and adjusted EBITDA: June 27, 2026 Net sales $815 - $845 GAAP - Operating income $139 -