MKS Instruments (MKSI)

Nasdaq Information Technology Semiconductor Materials & Equipment S&P MidCap 400

$192.27

+15.45 (+8.74%)

Close of Nov 06, 2026 · end-of-day data

Source: MKS Instruments's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.30B	$1.92B	$2.08B	$1.90B	$2.33B	$2.95B	$3.55B	$3.62B	$3.59B	$3.93B
Cost of revenue	$729.72M	$1.02B	$1.10B	$1.07B	$1.28B	$1.57B	$2.00B	$1.98B	$1.88B	$2.09B
Gross profit	$565.62M	$891.45M	$979.50M	$830.40M	$1.05B	$1.38B	$1.55B	$1.64B	$1.71B	$1.84B
Research & development	$110.58M	$132.56M	$135.70M	$164.10M	$173.00M	$200.00M	$241.00M	$288.00M	$271.00M	$299.00M
Selling, general & admin	$227.93M	$290.06M	$298.10M	$330.30M	$353.00M	$385.00M	$488.00M	$675.00M	$674.00M	$724.00M
Operating income	$157.27M	$406.63M	$494.10M	$219.80M	$454.00M	$699.00M	$617.00M	-$1.55B	$498.00M	$528.00M
Interest expense	$30.61M	$30.99M	$16.90M	$44.10M	$29.00M	$25.00M	$177.00M	$356.00M	$284.00M	$212.00M
Pre-tax income	$127.98M	$447.62M	$481.00M	$177.80M	$423.00M	$665.00M	$433.00M	-$1.93B	$180.00M	$304.00M
Income tax	$23.17M	$108.49M	$88.10M	$37.40M	$73.00M	$114.00M	$100.00M	-$87.00M	-$10.00M	$9.00M
Net income	$104.81M	$339.13M	$392.90M	$140.40M	$350.00M	$551.00M	$333.00M	-$1.84B	$190.00M	$295.00M
EBITDA	$223.19M	$489.19M	$573.90M	$329.80M	$553.00M	$803.00M	$833.00M	-$1.16B	$846.00M	$872.00M
EPS (basic)	$1.96	$6.26	$7.22	$2.57	$6.36	$9.95	$5.57	$-27.54	$2.82	$4.39
EPS (diluted)	$1.94	$6.16	$7.14	$2.55	$6.33	$9.90	$5.56	$-27.54	$2.81	$4.37
Diluted shares	54.05M	55.07M	55.00M	55.10M	55.30M	55.70M	59.90M	66.80M	67.60M	67.70M
Gross margin	43.7%	46.5%	47.2%	43.7%	45.0%	46.8%	43.6%	45.3%	47.6%	46.7%
Operating margin	12.1%	21.2%	23.8%	11.6%	19.5%	23.7%	17.4%	-42.9%	13.9%	13.4%
Net margin	8.1%	17.7%	18.9%	7.4%	15.0%	18.7%	9.4%	-50.8%	5.3%	7.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$228.62M	$333.89M	$644.35M	$414.60M	$608.30M	$966.00M	$909.00M	$507.00M	$420.00M	$418.00M
Short-term investments	$189.46M	$209.43M	$73.83M	$109.40M	$227.70M	$76.00M	$1.00M	$0	—	—
Receivables	$248.76M	$300.31M	$295.45M	$341.10M	$392.70M	$443.00M	$720.00M	$603.00M	$615.00M	$651.00M
Inventory	$275.87M	$339.08M	$384.69M	$462.10M	$501.40M	$577.00M	$977.00M	$991.00M	$893.00M	$921.00M
Total current assets	$998.77M	$1.24B	$1.46B	$1.43B	$1.80B	$2.15B	$2.79B	$2.70B	$2.47B	$2.51B
Goodwill	$588.59M	$591.05M	$587.00M	$1.06B	$1.07B	$1.23B	$4.31B	$2.55B	$2.48B	$2.57B
Total assets	$2.21B	$2.41B	$2.61B	$3.42B	$3.90B	$4.54B	$11.49B	$9.12B	$8.59B	$8.80B
Total current liabilities	$237.30M	$289.82M	$263.29M	$317.70M	$373.90M	$460.00M	$952.00M	$848.00M	$775.00M	$927.00M
Short-term debt	$10.99M	$2.97M	$3.99M	$12.10M	$14.50M	$9.00M	$93.00M	$93.00M	$50.00M	$51.00M
Long-term debt	$601.23M	$389.99M	$343.84M	$871.70M	$815.00M	$825.00M	$5.12B	$4.95B	$4.49B	$4.15B
Total debt	$612.22M	$392.96M	$347.83M	$883.80M	$829.50M	$834.00M	$5.21B	$5.05B	$4.54B	$4.20B
Total liabilities	$970.45M	$825.11M	$741.06M	$1.39B	$1.54B	$1.65B	$7.01B	$6.65B	$6.27B	$6.08B
Shareholders' equity	$1.24B	$1.59B	$1.87B	$2.02B	$2.36B	$2.89B	$4.48B	$2.47B	$2.32B	$2.72B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$180.10M	$355.22M	$413.80M	$244.50M	$513.00M	$640.00M	$529.00M	$319.00M	$528.00M	$645.00M
Capital expenditures	$19.12M	$31.29M	$62.90M	$63.90M	$85.00M	$87.00M	$164.00M	$87.00M	$118.00M	$148.00M
Free cash flow	$160.97M	$323.94M	$350.90M	$180.60M	$428.00M	$553.00M	$365.00M	$232.00M	$410.00M	$497.00M
Investing cash flow	-$726.99M	$22.64M	$72.70M	-$947.20M	-$202.00M	-$205.00M	-$4.55B	-$84.00M	-$117.00M	-$145.00M
Financing cash flow	$560.12M	-$279.69M	-$178.00M	$476.20M	-$122.00M	-$65.00M	$3.97B	-$259.00M	-$549.00M	-$562.00M
Dividends paid	$36.36M	$38.18M	$42.40M	$43.50M	$44.00M	$47.00M	$52.00M	$59.00M	$59.00M	$59.00M
Share buybacks	$1.54M	—	$75.00M	—	—	—	—	$0	$0	$45.00M
Stock-based compensation	$25.23M	$24.38M	$27.30M	$49.20M	$30.00M	$37.00M	$45.00M	$54.00M	$48.00M	$55.00M
Depreciation & amortization	$65.93M	$82.56M	$79.80M	$110.00M	$99.00M	$104.00M	$216.00M	$397.00M	$348.00M	$344.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$892.00M	$868.00M	$887.00M	$896.00M	$934.00M	$936.00M	$973.00M	$988.00M	$1.03B	$1.08B	$1.25B	$1.41B
Cost of revenue	$481.00M	$453.00M	$468.00M	$464.00M	$493.00M	$492.00M	$520.00M	$527.00M	$554.00M	$571.00M	$653.00M	$739.00M
Gross profit	$411.00M	$415.00M	$419.00M	$432.00M	$441.00M	$444.00M	$453.00M	$461.00M	$479.00M	$507.00M	$595.00M	$674.00M
Research & development	$70.00M	$70.00M	$66.00M	$70.00M	$65.00M	$70.00M	$76.00M	$76.00M	$77.00M	$81.00M	$76.00M	$80.00M
Selling, general & admin	$161.00M	$170.00M	$161.00M	$167.00M	$176.00M	$185.00M	$175.00M	$180.00M	$185.00M	$190.00M	$200.00M	$201.00M
Operating income	$24.00M	$106.00M	$127.00M	$128.00M	$136.00M	$111.00M	$135.00M	$138.00M	$143.00M	$149.00M	$251.00M	$326.00M
Interest expense	$90.00M	$87.00M	$79.00M	$64.00M	$54.00M	$53.00M	$55.00M	$53.00M	$50.00M	$45.00M	$38.00M	$38.00M
Pre-tax income	-$80.00M	$19.00M	$22.00M	$60.00M	$80.00M	$59.00M	$72.00M	$84.00M	$89.00M	$102.00M	$213.00M	$287.00M
Income tax	-$11.00M	$4.00M	-$1.00M	-$2.00M	-$11.00M	$7.00M	$10.00M	$10.00M	-$18.00M	$18.00M	$38.00M	$51.00M
Net income	-$69.00M	$15.00M	$23.00M	$62.00M	$91.00M	$52.00M	$62.00M	$74.00M	$107.00M	$84.00M	$175.00M	$236.00M
EBITDA	$120.00M	$194.00M	$213.00M	$215.00M	$222.00M	$196.00M	$222.00M	$223.00M	$229.00M	$234.00M	$336.00M	$414.00M
EPS (basic)	$-1.01	$0.22	$0.34	$0.92	$1.34	$0.77	$0.92	$1.10	$1.60	$1.24	$2.59	$3.49
EPS (diluted)	$-1.01	$0.22	$0.33	$0.92	$1.34	$0.77	$0.92	$1.10	$1.59	$1.18	$2.41	$3.26
Diluted shares	0	67.40M	67.50M	67.60M	100.00K	67.70M	67.40M	67.60M	100.00K	71.10M	72.70M	72.50M
Gross margin	46.1%	47.8%	47.2%	48.2%	47.2%	47.4%	46.6%	46.7%	46.4%	47.0%	47.7%	47.7%
Operating margin	2.7%	12.2%	14.3%	14.3%	14.6%	11.9%	13.9%	14.0%	13.8%	13.8%	20.1%	23.1%
Net margin	-7.7%	1.7%	2.6%	6.9%	9.7%	5.6%	6.4%	7.5%	10.4%	7.8%	14.0%	16.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$507.00M	$845.00M	$505.00M	$439.00M	$420.00M	$407.00M	$498.00M	$413.00M	$418.00M	$463.00M	$454.00M	$511.00M
Short-term investments	$0	$1.00M	$1.00M	—	—	—	—	—	—	—	—	—
Receivables	$603.00M	$576.00M	$597.00M	$609.00M	$615.00M	$639.00M	$649.00M	$611.00M	$651.00M	$775.00M	$830.00M	$902.00M
Inventory	$991.00M	$971.00M	$938.00M	$940.00M	$893.00M	$894.00M	$918.00M	$934.00M	$921.00M	$949.00M	$1.03B	$1.16B
Total current assets	$2.70B	$2.66B	$2.65B	$2.67B	$2.47B	$2.43B	$2.48B	$2.54B	$2.51B	$2.54B	$2.77B	$3.06B
Goodwill	$2.55B	$2.51B	$2.50B	$2.57B	$2.48B	$2.50B	$2.57B	$2.56B	$2.57B	$2.56B	$2.58B	$2.60B
Total assets	$9.12B	$8.93B	$8.86B	$9.02B	$8.59B	$8.56B	$8.83B	$8.78B	$8.80B	$8.73B	$8.94B	$9.23B
Total current liabilities	$848.00M	$721.00M	$740.00M	$781.00M	$775.00M	$781.00M	$832.00M	$886.00M	$927.00M	$2.29B	$2.42B	$2.58B
Short-term debt	$93.00M	$50.00M	$50.00M	$50.00M	$50.00M	$50.00M	$51.00M	$51.00M	$51.00M	$1.40B	$1.40B	$1.40B
Long-term debt	$4.95B	$4.69B	$4.83B	$4.76B	$4.49B	$4.41B	$4.36B	$4.25B	$4.15B	$2.65B	$2.54B	$2.38B
Total debt	$5.05B	$4.74B	$4.88B	$4.81B	$4.54B	$4.46B	$4.41B	$4.30B	$4.20B	$4.05B	$3.94B	$3.78B
Total liabilities	$6.65B	$6.51B	$6.63B	$6.62B	$6.27B	$6.20B	$6.27B	$6.18B	$6.08B	$5.92B	$5.95B	$5.95B
Shareholders' equity	$2.47B	$2.42B	$2.23B	$2.40B	$2.32B	$2.35B	$2.55B	$2.60B	$2.72B	$2.81B	$2.99B	$3.29B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$181.00M	$67.00M	$122.00M	$163.00M	$176.00M	$141.00M	$165.00M	$197.00M	$142.00M	$53.00M	$243.00M	$292.00M
Capital expenditures	$34.00M	$18.00M	$27.00M	$22.00M	$51.00M	$18.00M	$29.00M	$51.00M	$50.00M	$25.00M	$54.00M	$49.00M
Free cash flow	$147.00M	$49.00M	$95.00M	$141.00M	$125.00M	$123.00M	$136.00M	$146.00M	$92.00M	$28.00M	$189.00M	$243.00M
Investing cash flow	-$34.00M	-$18.00M	-$26.00M	-$22.00M	-$51.00M	-$18.00M	-$27.00M	-$51.00M	-$49.00M	-$25.00M	-$55.00M	-$49.00M
Financing cash flow	-$143.00M	-$72.00M	-$87.00M	-$144.00M	-$246.00M	-$180.00M	-$129.00M	-$128.00M	-$125.00M	-$137.00M	-$148.00M	-$181.00M
Dividends paid	$15.00M	$15.00M	$15.00M	$14.00M	$15.00M	$15.00M	$15.00M	$14.00M	$15.00M	$17.00M	$17.00M	$17.00M
Share buybacks	—	$0	$0	$0	$0	$45.00M	$0	$0	$0	$0	$0	$0
Stock-based compensation	$11.00M	$15.00M	$11.00M	$11.00M	$11.00M	$22.00M	$12.00M	$12.00M	$9.00M	$19.00M	$15.00M	$15.00M
Depreciation & amortization	$96.00M	$88.00M	$86.00M	$87.00M	$86.00M	$85.00M	$87.00M	$85.00M	$86.00M	$85.00M	$85.00M	$88.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.