Loading...
•
Jun 30
MKS Q2 2025 Earnings Report
MKS Inc. reported strong second-quarter 2025 financial results, exceeding revenue and adjusted EBITDA guidance, driven by growth in Semiconductor and Electronics & Packaging markets.
Key Takeaways
MKS Inc. delivered a strong second quarter in 2025, with total net revenues reaching $973 million, surpassing the high end of their guidance. The company reported GAAP net income of $62 million and diluted EPS of $0.92, both above the midpoint of guidance. Non-GAAP diluted EPS was $1.77, at the high end of guidance, and adjusted EBITDA was $240 million, also above the high end of guidance. The strong performance was attributed to growing demand in Semiconductor and Electronics & Packaging end markets, particularly for advanced packaging and AI-related applications.
Revenue for Q2 2025 was $973 million, exceeding the high end of guidance.
GAAP net income was $62 million, with diluted EPS of $0.92, both above guidance midpoints.
Non-GAAP diluted EPS reached $1.77, at the high end of guidance, and Adjusted EBITDA was $240 million, above the high end of guidance.
Strong performance was driven by significant year-over-year growth in Semiconductor and Electronics & Packaging end markets, fueled by demand for advanced packaging and AI-related applications.
MKS
MKS
MKS Revenue by Segment
Revenue by Segment
Semiconductor Revenue
CapyFin.comElectronics & Packaging Revenue
CapyFin.comSpecialty Industrial Revenue
CapyFin.com Forward Guidance
For the third quarter of 2025, MKS Inc. anticipates revenue between $920 million and $1,000 million, with a midpoint of $960 million. GAAP net income is projected to be $67 million, plus or minus $21 million, and Non-GAAP net earnings are expected to be $121 million, plus or minus $19 million. Diluted EPS is guided at $0.99 (GAAP) and $1.80 (Non-GAAP). Adjusted EBITDA is forecasted at $232 million, plus or minus $24 million.
Positive Outlook
- Midpoint revenue guidance of $960 million for Q3 2025.
- Non-GAAP net earnings per diluted share expected to be $1.80, plus or minus $0.29.
- Adjusted EBITDA guidance of $232 million, plus or minus $24 million.
- Gross margin expected to be 46.5%, plus or minus 1.0%.
- Non-GAAP net earnings projected at $121 million, plus or minus $19 million.
Challenges Ahead
- Revenue guidance range of $960 million, plus or minus $40 million, indicates potential variability.
- GAAP net income per diluted share guidance of $0.99, plus or minus $0.31, shows a wide range of potential outcomes.
- GAAP net income guidance of $67 million, plus or minus $21 million, also presents a significant range.
- Guidance is based on the current business environment, including the impact of U.S. import tariffs and retaliatory actions, which could pose risks.
- The company will continue to monitor and adapt to changes in the business environment, implying potential for unforeseen challenges.
Revenue & Expenses
Visualization of income flow from segment revenue to net income