MKS (MKSI)
NASDAQ:MKSI
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.95Last Year’s EPS
1.77Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized broad-based, above-guidance revenue growth across semiconductor and electronics & packaging segments, strong margins (47%), healthy order momentum, and disciplined capital actions (dividend increase, debt paydown, liquidity). Key near-term headwinds include Q1 seasonally low free cash flow and working-capital build, residual tariff/palladium impacts (~30–40 bps), and an elevated net leverage ratio (3.5x). Management conveyed confidence in capacity (Malaysia supercenter) and sustained AI-driven demand, and provided constructive Q2 guidance across revenue, margins and EPS.Company Guidance
Strong Overall Revenue Growth
Q1 revenue of $1.08B, up 4% sequentially and 15% year-over-year; Q2 revenue guidance of $1.2B (±$40M) indicating continued momentum.
Robust Semiconductor Performance
Q1 semiconductor revenue $466M, up 7% sequentially and 13% year-over-year; company expects semiconductor revenue to accelerate in Q2 (management cited 'high teens' sequential growth and >25% year-over-year growth).
Electronics & Packaging (E&P) Outperformance
Q1 E&P revenue $321M, up 6% sequentially and 27% year-over-year; chemistry sales ex-FX and palladium pass-through up 22% year-over-year; Q2 E&P revenue guidance ~$350M (±$15M) with high single-digit sequential and >30% year-over-year expected.
Margin and Profitability Strength
Q1 gross margin 47% (high end of guidance); operating income approx. $235M with operating margin of 21.8%; adjusted EBITDA $277M with a 25.7% margin (also at high end of guidance).
Earnings Per Share Above Expectations and Strong Q2 EPS Guide
Q1 net earnings $157M or $2.30 per diluted share (above high end of guidance); Q2 EPS guidance $2.90 (±$0.30).
Improved Interest Cost and Capital Allocation Actions
Net interest expense reduced to $37M from $45M year-over-year; $100M term loan repayment executed in the quarter; dividend increased 14% to $0.25 per share.
Healthy Liquidity and Balance Sheet Actions
Liquidity of $1.5B (cash $569M + $1B undrawn revolver); free cash flow of $29M in Q1 (seasonally low) and ongoing focus on deleveraging with trailing 12-month adjusted EBITDA >$1B.
Strong Order Momentum and Capacity Readiness
Healthy bookings across end markets (remote plasma, microwave, dissolved gas, lasers, laser drilling, chemistry equipment); new Malaysia supercenter opening in June and stated capacity to support 2026 WFE estimates (~$140B) with plans to expand for 2027.
MKSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MKSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $293.77 | $300.79 | +2.39% |
Feb 17, 2026 | $262.69 | $250.12 | -4.78% |
Nov 05, 2025 | $139.57 | $154.86 | +10.96% |
Aug 06, 2025 | $89.21 | $98.32 | +10.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MKS (MKSI) report earnings?
MKS (MKSI) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is MKS (MKSI) earnings time?
MKS (MKSI) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MKSI EPS forecast?
MKSI EPS forecast for the fiscal quarter 2026 (Q2) is 2.95.