Loading...
•
Mar 31
MKS Q1 2025 Earnings Report
MKS Instruments reported Q1 2025 results with revenue of $936 million and growth in semiconductor and electronics end markets.
Key Takeaways
MKS Instruments delivered solid Q1 2025 results, hitting the high end of revenue guidance with $936 million in sales, while net income reached $52 million and free cash flow totaled $123 million.
Q1 revenue reached $936 million, led by growth in semiconductor and electronics markets.
GAAP net income was $52 million, or $0.77 per diluted share.
Non-GAAP EPS was $1.71, exceeding the high end of guidance.
Free cash flow was strong at $123 million, reflecting disciplined capital and operational management.
MKS
MKS
MKS Revenue by Segment
Revenue by Segment
Semiconductor Revenue
CapyFin.comSpecialty Industrial Revenue
CapyFin.com Forward Guidance
MKS expects Q2 2025 revenue of $925 million ± $40 million, and GAAP net income of $55 million ± $21 million, reflecting stable demand and caution on trade policy impacts.
Positive Outlook
- Revenue guidance for Q2 2025 set at $925 million with upside of $40 million.
- Strong GAAP and non-GAAP gross margin projections around 46.5%.
- Adjusted EBITDA forecasted at $216 million ± $23 million.
- Stable business fundamentals cited despite trade policy uncertainties.
- Operational focus remains on profitability and deleveraging.
Challenges Ahead
- Continued exposure to volatile trade policy environments.
- Sequential decline in specialty industrial revenue.
- Ongoing restructuring costs impacting operating expenses.
- Rising debt service costs with $3.2B term loan and $1.4B convertible notes outstanding.
- Potential headwinds from macroeconomic and geopolitical factors in global markets.
Revenue & Expenses
Visualization of income flow from segment revenue to net income