Entegris (ENTG) Q3 2026 Earnings
Non-GAAP excludes $8.3 million IEEPA tariff refunds (out-of-period gain), $1.5 million restructuring costs, $1.7 million loss on extinguishment of debt, and $45.6 million amortization of intangible assets; GAAP diluted EPS was $1.03
How Did ENTG Stock React to Q3 2026 Earnings?
Did ENTG Beat Earnings? Q3 2026 Results
Yes. Entegris reported Q3 2026 earnings of $1.23 a share on Oct 29, 2026, beating the $1.02 consensus estimate by 20.1%. Revenue was $1.0B against a $925.3M estimate.
Entegris delivered a standout third quarter, posting adjusted non-GAAP EPS of $1.23 against a consensus estimate of $1.02, a beat of 20.09%, while revenue of $1.01 billion cleared expectations of $925.35 million by 8.68% and rose 24.6% from a year earlier. The primary engine behind the quarter was the Advanced Purity Solutions segment, where filtration and contamination-control sales surged 31.3% year over year to $604.90 million and segment profit margin expanded sharply to 35.2% from 25.7%, reflecting what CEO Dave Reeder described as rising materials intensity and increasing semiconductor complexity at the leading edge. GAAP gross margin widened to 49.7% from 43.5%, and adjusted EBITDA reached $303.30 million, or 30.2% of sales. The company also generated $223.60 million of free cash flow and reduced long-term debt to $3.26 billion. Looking ahead, Entegris guided fourth-quarter revenue to $1.03 billion to $1.06 billion and non-GAAP EPS of $1.32 to $1.40, with adjusted EBITDA margin expected to reach 30.7% to 31.2%.
- Increasing semiconductor complexity and rising materials intensity
- Expanded plans of record and new design wins across unit and capex businesses
- APS sales up 31.3% YoY with segment profit margin expanding to 35.2% from 25.7%
- MS sales up 15.9% YoY with segment profit up 29.3%
- GAAP gross margin expanded to 49.7% from 43.5%; adjusted gross margin 48.9%
- Lower depreciation ($33.9 million vs $50.4 million a year ago)
- $8.3 million IEEPA tariff refunds recognized in Q3 2026 GAAP results
“Entegris is executing well against an attractive long-term opportunity, driven by increasing semiconductor complexity, rising materials intensity, and investment in leading-edge technologies. Our ability to deliver the performance, quality, and reliability our customers require is helping us expand plans of record and secure new design wins, driving strong revenue growth across our unit and capex businesses.”
Entegris CEO, on the earnings call
What Is Entegris's Outlook?
For Q4 2026 (ending December 31, 2026), Entegris expects: - Sales of $1,025 million to $1,055 million - GAAP net income of $168 million to $181 million - GAAP diluted EPS of $1.09 to $1.17 - Non-GAAP net income of $203 million to $215 million - Non-GAAP diluted EPS of $1.32 to $1.40 - GAAP operating income of $235 million to $250 million (23.0%–23.7% margin) - Adjusted operating income of $281 million to $295 million (27.4%–27.9% margin) - Adjusted EBITDA of $315 million to $329 million (30.7%–31.2% of sales) - GAAP operating expenses of $269 million to $275 million - Non-GAAP operating expenses of $224 million to $230 million The company will host a Capital Markets Day on November 9, 2026, to discuss its long-term strategy.
ENTG YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $1.0B | $807.1M | +24.6% |
| Gross Profit | $500.2M | $351.3M | +42.4% |
| Operating Income | $230.6M | $122.6M | +88.1% |
| Net Income | $157.8M | $70.5M | +123.8% |
ENTG Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.