Entegris (ENTG) Q2 2025 Earnings
How Did ENTG Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +1.67%.
Did ENTG Beat Earnings? Q2 2025 Results
Yes. Entegris reported Q2 2025 earnings of $0.66 a share on Jul 30, 2025, beating the $0.64 consensus estimate by 3.1%. Revenue was $792.4M against a $765.5M estimate.
Entegris posted a solid second-quarter beat on both the top and bottom lines, though a cautious forward outlook sent shares lower in the aftermath. The semiconductor materials supplier reported Q2 2025 revenue of $792.40 million, ahead of the $765.48 million consensus by 3.52%, while adjusted EPS of $0.66 cleared the $0.64 estimate by 3.06%. The results came despite a 2.5% year-over-year revenue decline from $812.70 million, as subdued fab activity outside of AI-related applications continued to weigh on demand, most visibly in the Advanced Purity Solutions segment, where revenue fell 6.9% to $439.90 million on weaker capital spending for facilities-related products. Strength in CMP consumables, selective etch, and deposition materials helped the Materials Solutions segment grow 3.7% year-over-year to $354.90 million, providing a partial offset. Looking ahead, Entegris guided Q3 2025 revenue of $780 million to $820 million and non-GAAP EPS of $0.68 to $0.75, a range that landed slightly below analyst expectations and tempered enthusiasm around the otherwise encouraging quarterly results.
- CMP consumables, selective etch, and deposition materials drove sequential and YoY growth in Materials Solutions
- AI-enabled applications driving significant growth in advanced logic and HBM
- APS revenue decline driven by lower facilities-based CAPEX, particularly impacting FOUPs and Fluid Handling
- APS sequential increase driven by liquid & gas filtration and FOUPs
- Materials Solutions adjusted segment profit margin decrease due to some operational inefficiencies
- APS adjusted segment profit margin decline driven by lower volumes
“Our second quarter revenue grew 2 percent sequentially and was above our guidance range. Growth was driven by demand for our unit-driven solutions, particularly CMP consumables, selective etch and deposition materials. Gross margin, EBITDA margin and non-GAAP EPS were all within guidance.”
Entegris CEO, on the earnings call
What Was Entegris's Outlook in Q2 2025?
For Q3 2025 (ending September 27, 2025), Entegris expects net sales of $780 million to $820 million. GAAP net income is expected between $65 million and $76 million, with GAAP diluted EPS of $0.43 to $0.50. Non-GAAP diluted EPS is expected to range from $0.68 to $0.75, reflecting non-GAAP net income of $104 million to $115 million. Adjusted EBITDA is expected at approximately 27.5% of sales. Management expects stronger performance in the second half of 2025, though uncertainty around trade policies and macroeconomic conditions may continue to impact semiconductor demand in the short term.
ENTG YoY Financials
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $792.4M | $812.7M | −2.5% |
| Gross Profit | $351.5M | $375.8M | −6.5% |
| Operating Income | $106.1M | $130.1M | −18.5% |
| Net Income | $52.8M | $67.7M | −22.0% |
ENTG Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.