MKS Inc (MKSI) stock

MKSINasdaqIndustrial Instruments For Measurement, Display, and ControlFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 14/307% below fair value

$202.04−14.13 (-6.54%)

Close on Oct 30, 2026Market cap $13.66BP/E 32.3Yield 0.44%

Earnings

MKS's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Nov 4, 2026

Q3 FY2026 · estimated, during market hours

Revenue, Q2 FY2026

$1.25B

+28.3% on a year earlier

Non-GAAP net earnings per diluted share, Q2 FY2026

$3.30

$1.77 a year earlier

Latest guidance

Lowered

Aug 5, 2026 · 9 items

Quarterly results

Revenue and earnings per share from each of MKS's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q3 FY2026ended Sep 30, 2026	Nov 4, 2026Expected	–	–	–	–	–
Q2 FY2026ended Jun 30, 2026	Aug 5, 2026during market hours	$1.25B	+28.3%	$2.41	$3.30	Release
Q1 FY2026ended Mar 31, 2026	May 6, 2026during market hours	$1.08B	+15.2%	$1.18	$2.30	Release
Q4 FY2025ended Dec 31, 2025	Feb 17, 2026during market hours	$1.03B	+10.5%	$1.58	$2.47	Release
Q3 FY2025ended Sep 30, 2025	Nov 5, 2025during market hours	$988.00M	+10.3%	$1.10	$1.93	Release
Q2 FY2025ended Jun 30, 2025	Aug 6, 2025during market hours	$973.00M	+9.7%	$0.92	$1.77	Release
Q1 FY2025ended Mar 31, 2025	May 7, 2025during market hours	$936.00M	+7.8%	$0.77	$1.71	Release
Q4 FY2024ended Dec 31, 2024	Feb 12, 2025during market hours	$935.00M	+4.7%	$1.33	$2.15	Release
Q3 FY2024ended Sep 30, 2024	Nov 6, 2024during market hours	$896.00M	-3.9%	$0.92	$1.72	Release
Q2 FY2024ended Jun 30, 2024	Aug 7, 2024during market hours	$887.00M	-11.3%	$0.33	$1.53	Release
Q1 FY2024ended Mar 31, 2024	May 8, 2024during market hours	$868.00M	+9.3%	$0.22	$1.18	Release
Q4 FY2023ended Dec 31, 2023	Feb 7, 2024during market hours	$893.00M	-18.1%	-$1.02	$1.17	Release
Q3 FY2023ended Sep 30, 2023	Nov 1, 2023during market hours	$932.00M	-2.3%	$0.58	$1.46	Release
Q2 FY2023ended Jun 30, 2023	Aug 2, 2023during market hours	$1.00B	+30.7%	-$26.47	$1.32	Release
Q1 FY2023ended Mar 31, 2023	May 3, 2023during market hours	$794.00M	+7.0%	-$0.64	$0.48	Release
Q4 FY2022ended Dec 31, 2022	Feb 27, 2023during market hours	$1.09B	+42.7%	$0.81	$2.00	Release
Q3 FY2022ended Sep 30, 2022	Nov 2, 2022during market hours	$954.00M	+27.2%	$0.09	$2.74	Release
Q2 FY2022ended Jun 30, 2022	Jul 27, 2022during market hours	$765.00M	–	$2.32	$2.59	Release
Q1 FY2022ended Mar 31, 2022	Apr 26, 2022during market hours	$742.00M	–	$2.57	$2.71	Release
Q4 FY2021ended Dec 31, 2021	Jan 26, 2022during market hours	$764.00M	–	$2.69	$3.02	Release
Q3 FY2021ended Sep 30, 2021	Oct 4, 2021before the open	$750.00M	–	–	$3.02	Release
Q2 FY2021ended Jun 30, 2021	Jul 28, 2021during market hours	–	–	–	–	Release
Q1 FY2021ended Mar 31, 2021	Apr 26, 2021during market hours	–	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Jan 27, 2021during market hours	–	–	–	–	Filing
Q3 FY2020ended Sep 30, 2020	Oct 27, 2020during market hours	–	–	–	–	Release
Q2 FY2020ended Jun 30, 2020	Jul 29, 2020during market hours	–	–	–	–	Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

MKS's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Revenue	Q3 FY2026	$1.35B	–	New	Aug 5, 2026
Gross margin	Q3 FY2026	47%	–	New	Aug 5, 2026
Adjusted EBITDAnon-GAAP	Q3 FY2026	$395.00M	–	New	Aug 5, 2026
GAAP net income per diluted shareGAAP	Q3 FY2026	$2.73	–	New	Aug 5, 2026
Non-GAAP net earnings per diluted sharenon-GAAP	Q3 FY2026	$3.58	–	New	Aug 5, 2026
GAAP net incomeGAAP	Q3 FY2026	$201.00M	–	Lowered	Aug 5, 2026
GAAP operating expensesGAAP	Q3 FY2026	$346.00M	–	New	Aug 5, 2026
Non-GAAP net earningsnon-GAAP	Q3 FY2026	$257.00M	–	Lowered	Aug 5, 2026
Non-GAAP operating expensesnon-GAAP	Q3 FY2026	$280.00M	–	New	Aug 5, 2026

Guidance vs results

The last range MKS gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
Q2 FY2026	EPS (GAAP)	$2.09	$2.41	Above range
Q2 FY2026	Non-GAAP net earnings per diluted share	$2.90	$3.30	Above range
Q2 FY2026	Revenue	$1.20B	$1.25B	Above range
Q1 FY2026	Non-GAAP net earnings per diluted share	$2.00	$2.30	Above range
Q1 FY2026	Revenue	$1.04B	$1.08B	Above range
Q4 FY2025	EPS (GAAP)	$1.42	$1.58	Above range
Q4 FY2025	Non-GAAP net earnings per diluted share	$2.27	$2.47	Above range
Q4 FY2025	Revenue	$1.03B – $1.04B	$1.03B	Within range
Q3 FY2025	EPS (GAAP)	$0.99	$1.10	Above range
Q3 FY2025	Non-GAAP net earnings per diluted share	$1.80	$1.93	Above range
Q3 FY2025	Revenue	$960.00M	$988.00M	Above range
Q2 FY2025	EPS (GAAP)	$0.81	$0.92	Above range
Q2 FY2025	Non-GAAP net earnings per diluted share	$1.56	$1.77	Above range
Q2 FY2025	Revenue	$925.00M	$973.00M	Above range
Q1 FY2025	EPS (GAAP)	$0.35 – $0.91	$0.77	Within range
Q4 FY2024	Non-GAAP net earnings per diluted share	$1.95	$2.15	Above range
Q4 FY2024	Revenue	$910.00M	$935.00M	Above range
Q3 FY2024	Non-GAAP net earnings per diluted share	$1.43	$1.72	Above range
Q3 FY2024	Revenue	$870.00M	$896.00M	Above range
Q2 FY2024	Non-GAAP net earnings per diluted share	$0.93	$1.53	Above range
Q2 FY2024	Revenue	$860.00M	$887.00M	Above range
Q1 FY2024	Non-GAAP net earnings per diluted share	$0.72	$1.18	Above range
Q1 FY2024	Revenue	$840.00M	$868.00M	Above range
Q4 FY2023	Non-GAAP net earnings per diluted share	$0.85	$1.17	Above range
Q4 FY2023	Revenue	$840.00M	$893.00M	Above range
Q3 FY2023	Non-GAAP net earnings per diluted share	$0.98	$1.46	Above range
Q3 FY2023	Revenue	$930.00M	$932.00M	Above range
Q2 FY2023	Non-GAAP net earnings per diluted share	$1.13	$1.32	Above range
Q2 FY2023	Revenue	$980.00M	$1.00B	Above range
Q4 FY2022	Non-GAAP net earnings per diluted share	$1.34	$2.00	Above range
Q4 FY2022	Revenue	$1.00B	$1.09B	Above range
Q3 FY2022	Non-GAAP net earnings per diluted share	$2.66	$2.74	Above range
Q3 FY2022	Revenue	$770.00M	$954.00M	Above range
Q2 FY2022	Non-GAAP net earnings per diluted share	$2.28	$2.59	Above range
Q2 FY2022	Revenue	$730.00M	$765.00M	Above range
Q1 FY2022	Non-GAAP net earnings per diluted share	$2.57	$2.71	Above range
Q1 FY2022	Revenue	$750.00M	$742.00M	Below range

Guidance history

Every forecast MKS put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Aug 5, 2026	Adjusted EBITDA	Q3 FY2026	$395.00M	New
Aug 5, 2026	Non-GAAP net earnings per diluted share	Q3 FY2026	$3.58	New
Aug 5, 2026	GAAP net income per diluted share	Q3 FY2026	$2.73	New
Aug 5, 2026	Gross margin	Q3 FY2026	47%	New
Aug 5, 2026	GAAP operating expenses	Q3 FY2026	$346.00M	New
Aug 5, 2026	GAAP net income	Q3 FY2026	$201.00M	Lowered
Aug 5, 2026	Non-GAAP operating expenses	Q3 FY2026	$280.00M	New
Aug 5, 2026	Non-GAAP net earnings	Q3 FY2026	$257.00M	Lowered
Aug 5, 2026	Revenue	Q3 FY2026	$1.35B	New
May 6, 2026	Adjusted EBITDA	Q2 FY2026	$328.00M	New
May 6, 2026	Non-GAAP net earnings per diluted share	Q2 FY2026	$2.90	New
May 6, 2026	GAAP net income per diluted share	Q2 FY2026	$2.09	New
May 6, 2026	Gross margin	Q2 FY2026	47%	New
May 6, 2026	GAAP operating expenses	Q2 FY2026	$337.00M	New
May 6, 2026	GAAP net income	Q2 FY2026	$151.00M	Lowered
May 6, 2026	Non-GAAP operating expenses	Q2 FY2026	$275.00M	New
May 6, 2026	Non-GAAP net earnings	Q2 FY2026	$202.00M	Lowered
May 6, 2026	Revenue	Q2 FY2026	$1.20B	New
Feb 17, 2026	Adjusted EBITDA	Q1 FY2026	$251.00M	New
Feb 17, 2026	Non-GAAP net earnings per diluted share	Q1 FY2026	$2.00	New
Feb 17, 2026	Gross margin	Q1 FY2026	46%	New
Feb 17, 2026	Non-GAAP operating expenses	Q1 FY2026	$270.00M	New
Feb 17, 2026	Non-GAAP net earnings	Q1 FY2026	$136.00M	Lowered
Feb 17, 2026	Revenue	Q1 FY2026	$1.04B	New
Jan 21, 2026	Adjusted EBITDA	Q4 FY2025	$246.00M – $250.00M	Raised
Jan 21, 2026	GAAP net income	Q4 FY2025	$103.00M – $109.00M	Raised
Jan 21, 2026	Revenue	Q4 FY2025	$1.03B – $1.04B	Raised
Nov 5, 2025	Adjusted EBITDA	Q4 FY2025	$235.00M	New
Nov 5, 2025	Non-GAAP net earnings per diluted share	Q4 FY2025	$2.27	New
Nov 5, 2025	GAAP net income per diluted share	Q4 FY2025	$1.42	New
Nov 5, 2025	Gross margin	Q4 FY2025	46%	New
Nov 5, 2025	GAAP operating expenses	Q4 FY2025	$325.00M	New
Nov 5, 2025	GAAP net income	Q4 FY2025	$96.00M	Lowered
Nov 5, 2025	Non-GAAP operating expenses	Q4 FY2025	$255.00M	New
Nov 5, 2025	Non-GAAP net earnings	Q4 FY2025	$154.00M	Lowered
Nov 5, 2025	Revenue	Q4 FY2025	$990.00M	New
Aug 6, 2025	Adjusted EBITDA	Q3 FY2025	$232.00M	New
Aug 6, 2025	Non-GAAP net earnings per diluted share	Q3 FY2025	$1.80	New
Aug 6, 2025	GAAP net income per diluted share	Q3 FY2025	$0.99	New
Aug 6, 2025	Gross margin	Q3 FY2025	46.5%	New
Aug 6, 2025	GAAP operating expenses	Q3 FY2025	$318.00M	New
Aug 6, 2025	GAAP net income	Q3 FY2025	$67.00M	Lowered
Aug 6, 2025	Non-GAAP operating expenses	Q3 FY2025	$252.00M	New
Aug 6, 2025	Non-GAAP net earnings	Q3 FY2025	$121.00M	Lowered
Aug 6, 2025	Revenue	Q3 FY2025	$960.00M	New
May 7, 2025	Adjusted EBITDA	Q2 FY2025	$216.00M	New
May 7, 2025	Non-GAAP net earnings per diluted share	Q2 FY2025	$1.56	New
May 7, 2025	GAAP net income per diluted share	Q2 FY2025	$0.81	New
May 7, 2025	Gross margin	Q2 FY2025	46.5%	New
May 7, 2025	GAAP operating expenses	Q2 FY2025	$316.00M	New
May 7, 2025	GAAP net income	Q2 FY2025	$55.00M	Lowered
May 7, 2025	Non-GAAP operating expenses	Q2 FY2025	$252.00M	New
May 7, 2025	Non-GAAP net earnings	Q2 FY2025	$106.00M	Lowered
May 7, 2025	Revenue	Q2 FY2025	$925.00M	New
Feb 12, 2025	GAAP net income per diluted share	Q1 FY2025	$0.35 – $0.91	New
Nov 6, 2024	Adjusted EBITDA	Q4 FY2024	$226.00M	New
Nov 6, 2024	Non-GAAP net earnings per diluted share	Q4 FY2024	$1.95	New
Nov 6, 2024	revenue	Q4 FY2024	$910.00M	New
Aug 7, 2024	Adjusted EBITDA	Q3 FY2024	$206.00M	New
Aug 7, 2024	Non-GAAP net earnings per diluted share	Q3 FY2024	$1.43	New
Aug 7, 2024	revenue	Q3 FY2024	$870.00M	New
May 8, 2024	Adjusted EBITDA	Q2 FY2024	$197.00M	New
May 8, 2024	Non-GAAP net earnings per diluted share	Q2 FY2024	$0.93	New
May 8, 2024	revenue	Q2 FY2024	$860.00M	New
Feb 7, 2024	Adjusted EBITDA	Q1 FY2024	$182.00M	New
Feb 7, 2024	Non-GAAP net earnings per diluted share	Q1 FY2024	$0.72	New
Feb 7, 2024	revenue	Q1 FY2024	$840.00M	New
Nov 1, 2023	Adjusted EBITDA	Q4 FY2023	$185.00M	New
Nov 1, 2023	Non-GAAP net earnings per diluted share	Q4 FY2023	$0.85	New
Nov 1, 2023	revenue	Q4 FY2023	$840.00M	New
Aug 2, 2023	Adjusted EBITDA	Q3 FY2023	$210.00M	New
Aug 2, 2023	Non-GAAP net earnings per diluted share	Q3 FY2023	$0.98	New
Aug 2, 2023	revenue	Q3 FY2023	$930.00M	New
May 3, 2023	Adjusted EBITDA	Q2 FY2023	$223.00M	New
May 3, 2023	Non-GAAP net earnings per diluted share	Q2 FY2023	$1.13	New
May 3, 2023	revenue	Q2 FY2023	$980.00M	New
Nov 2, 2022	Non-GAAP net earnings per diluted share	Q4 FY2022	$1.34	New
Nov 2, 2022	revenue	Q4 FY2022	$1.00B	New
Jul 27, 2022	Non-GAAP net earnings per diluted share	Q3 FY2022	$2.66	New
Jul 27, 2022	revenue	Q3 FY2022	$770.00M	New
Apr 26, 2022	Non-GAAP net earnings per diluted share	Q2 FY2022	$2.28	New
Apr 26, 2022	revenue	Q2 FY2022	$730.00M	New
Jan 26, 2022	Non-GAAP net earnings per diluted share	Q1 FY2022	$2.57	New
Jan 26, 2022	revenue	Q1 FY2022	$750.00M	New
Oct 4, 2021	Net Earnings per Diluted Share	Q3 FY2021	$2.74	New
Oct 4, 2021	Gross Margin	Q3 FY2021	47%	New
Oct 4, 2021	Operating Income	Q3 FY2021	$190.00M	New
Oct 4, 2021	Operating Margin	Q3 FY2021	26.4%	New
Oct 4, 2021	Diluted Share Count	Q3 FY2021	55.7	New
Oct 4, 2021	Tax Rate	Q3 FY2021	17%	New
Oct 4, 2021	Operating Expenses	Q3 FY2021	$149.00M	New
Oct 4, 2021	Interest Expense, Net	Q3 FY2021	$6.00M	Lowered
Oct 4, 2021	Net Earnings	Q3 FY2021	$153.00M	Raised
Oct 4, 2021	Revenue	Q3 FY2021	$720.00M	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.