Companies /Technology

Entegris Inc

NASDAQ: ENTG Semiconductor Equipment & Materials
$138.74
▲ $8.04 (+6.15%) today
Markets closed · 5:53pm ET

Q3 2025 Earnings

Reported Oct 30, 2025, 7:03am ET · SEC source
$0.72
Miss −0.65%
EPS · est. $0.72
$807.1M
Beat +0.37%
Revenue · est. $804.1M
−9.0%
Trailing market
ENTG vs S&P since report
3 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−9%−6%−3%0Oct 30Oct 31report 7:03am ETearnings−0.9%−0.9%
−9%−6%−3%0Oct 30Oct 31earnings−0.9%−0.9%
ENTG −0.9%S&P 500 −0.9%
−9%−6%−3%0Oct 30Oct 31report 7:03am ETearnings−1.1%−0.9%
−9%−6%−3%0Oct 30Oct 31earnings−1.1%−0.9%
ENTG −0.9%NASDAQ −1.1%
−5%0+5%Oct 29Nov 6report 7:03am ETearnings−2.2%−5.5%
−5%0+5%Oct 29Nov 6earnings−2.2%−5.5%
ENTG −5.5%S&P 500 −2.2%
−5%0+5%Oct 29Nov 6report 7:03am ETearnings−3.5%−5.5%
−5%0+5%Oct 29Nov 6earnings−3.5%−5.5%
ENTG −5.5%NASDAQ −3.5%
−7.45%
Day of report
+4.65%
Next session
−2.06%
One week
−8.78%
30 days

S&P 500 over the same 30 days: +0.25%.

Did ENTG Beat Earnings? Q3 2025 Results

Entegris delivered a mixed third quarter for fiscal 2025, posting revenue of $807.10 million that edged past the $804.12 million consensus by 0.37%, while earnings per share of $0.72 fell just short of the $0.72 analyst estimate by 0.65%, leaving the semiconductor materials supplier with essentially flat revenue year over year, down a marginal 0.1%. The more telling story lay beneath the top line, where GAAP gross margin compressed to 43.5% from 46.0% a year ago, largely driven by underutilization of manufacturing facilities and incremental fixed costs from ramping new operations in Taiwan and Colorado. Incoming CEO Dave Reeder pointed to customer wins in liquid filtration, deposition materials, and CMP consumables as signs of forward momentum, though operating cash flow of $249.50 million, up sharply from $197.20 million in Q3 2024, offered perhaps the quarter's clearest bright spot. For the fourth quarter, Entegris guided revenue of $790 million to $830 million with non-GAAP EPS of $0.62 to $0.69, implying modest sequential softness at the midpoint as margin recovery remains a work in progress.

Key Takeaways
  • CMP consumables and cleaning chemistries drove year-over-year sales growth in Materials Solutions
  • Liquid filtration drove sequential sales increase in Advanced Purity Solutions
  • Record operating cash flow of $249.5 million in Q3 2025
  • Net debt payments of $150 million reduced long-term debt

“As I begin my tenure as CEO of Entegris, I want to say how honored I am to lead this exceptional company through its next phase of growth and value creation. In the third quarter, revenue, EBITDA and non-GAAP EPS all met guidance; and we delivered record operating cash flow. We continue to see key wins and strong momentum in products critical to the most advanced nodes, including liquid filtration & purification, deposition materials and CMP consumables.”

Entegris CEO, on the earnings call

Forward Guidance & Outlook

For Q4 2025 (ending December 31, 2025), Entegris expects net sales of $790 million to $830 million. GAAP diluted EPS is expected to be $0.35 to $0.42, with non-GAAP diluted EPS of $0.62 to $0.69. Non-GAAP net income is expected in the range of $95 million to $105 million. Adjusted EBITDA margin is expected at 26.5% to 27.5% of sales. Looking further ahead, management expects to significantly grow content per wafer, resulting in market outperformance and margin expansion in the years to come.

ENTG YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$300.0M$600.0M$807.7M$807.1MRevenue$371.8M$351.3MGross Profit$136.2M$122.6MOperating Income$77.6M$70.5MNet Income
$0$300.0M$600.0MRevenueGross ProfitOperating IncomeNet Income

ENTG Revenue by Segment

Advanced Purity Solutions$460.8M−0.5%
Materials Solutions$348.6M+0.5%

Figures from SEC filings and company reports. Not investment advice.