Slide 1: Entegris Earnings Summary Fourth Quarter 2025
Entegris Earnings Summary Fourth Quarter 2025 February 10, 2026 ENTEGRIS PROPRIETARY AND CONFIDENTIAL – INTERNAL
Slide 2: Safe Harbor
ENTEGRIS FOURTH QUARTER 2025 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 t
Slide 3: Summary – Consolidated Statement of Operations GAAP
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Summary – Consolidated Statement of Operations GAAP $ in millions, except per share data 4Q25 4Q24 3Q25 4Q25 over 4Q24 4Q25 over 3Q25 Net Sales $823.9 $849.8 $807.1 (3.0%) 2.1% Gross Margin 43.8% 45.6% 43.5% Operating Expenses $255.7 $237.3 $228.7 7.8% 1
Slide 4: Summary – Consolidated Statement of Operations Non-GAAP
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Summary – Consolidated Statement of Operations Non-GAAP1 $ in millions, except per share data 4Q25 4Q24 3Q25 4Q25 over 4Q24 4Q25 over 3Q25 Net Sales $823.9 $849.8 $807.1 (3.0%) 2.1% Adjusted Gross Margin – as a % of Net Sales2 44.0% 45.6% 43.6% Non-GAAP
Slide 5: Materials Solutions (MS)
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Materials Solutions (MS) 4Q25 Highlights 4Q25 over 4Q25 over $ in millions 4Q25 4Q24 3Q25 4Q24 3Q25 Sales increase (SEQ) was Net Sales $361.8 $361.1 $348.6 0.2% 3.8% primarily driven by advanced deposition Segment Profit $63.9 $77.1 $65.2 (17.1%) (2.0%)
Slide 6: Advanced Purity Solutions (APS)
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Advanced Purity Solutions (APS)1 Sales decrease (YOY) was 4Q25 Highlights primarily driven by fluid handling and FOUPS, partially offset by strong 4Q25 over 4Q25 over growth in liquid filtration. $ in millions 4Q25 4Q24 3Q25 4Q24 3Q25 Sales increase (SEQ
Slide 7: Summary – Balance Sheet Items
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Summary – Balance Sheet Items $ in millions 4Q25 4Q24 3Q25 $ Amount % Total $ Amount % Total $ Amount % Total Cash and Cash Equivalents $360.4 4.3% $329.2 3.9% $399.8 4.8% Accounts Receivable, Net $458.7 5.5% $495.3 5.9% $493.2 5.9% Inventories, Net $643
Slide 8: Summary – Cash Flows
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Summary – Cash Flows $ in millions 4Q25 4Q24 3Q25 Beginning Cash Balance $399.8 $432.1 $376.8 Cash provided by operating activities 192.0 176.1 249.5 Capital expenditures (58.0) (107.5) (66.7) Proceeds from government incentives — — 8.2 Other investing a
Slide 9: Outlook
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Outlook GAAP $ in millions, except share data 1Q26 Guidance 1Q25 Actual 4Q25 Actual Net Sales $785 - $825 $773.2 $823.9 Operating Expenses $226 - $233 $234.2 $255.7 Net Income $65 - $77 $62.9 $49.4 Diluted Earnings per Common Share $0.43 - $0.51 $0.41 $0
Slide 10: Appendix
CO Entegris Appendix
Slide 11: Consolidated (as reported) Summary Financials Non-GAAP
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Consolidated (as reported) Summary Financials Non-GAAP1 $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales $771.0 $812.7 $807.7 $849.8 $3,241.2 $773.2 $792.4 $807.1 $823.9 $3,196.6 Adjusted Gross Margin % 45.6% 46.2% 46.0% 45.6
Slide 12: Consolidated (excluding divestiture) Summary Financials Non-GAAP
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Consolidated (excluding divestiture)1 Summary Financials Non-GAAP $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales $737.1 $812.7 $807.7 $849.8 $3,207.3 $773.2 $792.4 $807.1 $823.9 $3,196.6 Adjusted Gross Margin % 46.1% 46.2%
Slide 13: Segment (as reported) Financials Non-GAAP
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Segment (as reported) Financials Non-GAAP1 $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales: MS $350.0 $342.3 $346.7 $361.1 $1,400.1 $341.4 $354.9 $348.6 $361.8 $1,406.7 APS 423.3 472.6 463.1 491.2 1,850.2 433.9 439.9 460.8 4
Slide 14: Segment (excluding divestiture) Financials Non-GAAP
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Segment (excluding divestiture)1,2 Financials Non-GAAP $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales: MS $316.1 $342.3 $346.7 $361.1 $1,366.2 $341.4 $354.9 $348.6 $361.8 $1,406.7 APS 423.3 472.6 463.1 491.2 1,850.2 433.9 4
Slide 15: Reconciliation of Net Sales to Adjusted Net Sales
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of Net Sales (as reported) to Adjusted Net Sales Non-GAAP (excluding divestiture)1 $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales $771.0 $812.7 $807.7 $849.8 $3,241.2 $773.2 $792.4 $807.1 $823.9 $3,196.6 Dive
Slide 16: Reconciliation of GAAP Operating Expenses
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of GAAP Operating Expenses (as reported) to Operating Expenses (excluding divestiture)1 Non-GAAP $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 GAAP Operating Expenses $234.2 $245.7 $235.6 $237.3 $952.8 $234.2 $245.4 $
Slide 17: Reconciliation of GAAP Net Income to Adjusted EBITDA
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales $771.0 $812.7 $807.7 $849.8 $3,241.2 $773.2 $792.4 $807.1 $823.9 $3,196.6 Net income $45.3 67
Slide 18: Reconciliation of Adjusted Operating Income
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of Adjusted Operating Income (as reported) to Adjusted Operating Income (excluding divestiture)1 Non-GAAP $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Adjusted (excluding divestiture)1 Net Sales2 $737.1 $812.7 $807.7
Slide 19: Reconciliation of MS Segment Sales
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of MS Segment Sales (as reported) to MS Segment Sales (excluding divestiture)1 Non-GAAP $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 Net Sales: MS Segment Net Sales $350.0 $342.3 $346.7 $361.1 $1,400.1 $341.4 $354.9
Slide 20: Reconciliation of APS Segment Profit
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of APS Segment Profit to Adjusted APS Segment Profit Non-GAAP1 $ in millions 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 APS segment profit $111.2 $122.6 $127.4 $134.9 $496.1 $108.1 $95.9 $118.2 $104.2 $426.4 Restructuring costs2
Slide 21: Reconciliation of GAAP Net Income and EPS
ENTEGRIS FOURTH QUARTER 2025 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 1Q24 2Q24 3Q24 4Q24 FY2024 1Q25 2Q25 3Q25 4Q25 FY2025 GAAP net income $45.3
Slide 22: Reconciliation of GAAP Outlook to Non-GAAP Outlook
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of GAAP Outlook to Non-GAAP Outlook* $ in millions First Quarter Outlook Reconciliation GAAP operating expenses to non-GAAP operating expenses: March 28, 2026 GAAP operating expenses $226 - $233 Adjustments to net income: Restructuring cos
Slide 23: Reconciliation of GAAP Outlook to Non-GAAP Outlook (continued)
ENTEGRIS FOURTH QUARTER 2025 EARNINGS SUMMARY Reconciliation of GAAP Outlook to Non-GAAP Outlook* (continued) $ in millions First Quarter Outlook Reconciliation GAAP operating income to non-GAAP operating income and adjusted EBITDA: March 28, 2026 Net sales $785 - $825 GAAP - Operating income $124 -