| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 811.90 | 5.0% |
| Total Income | 811.90 | 5.0% |
| Expenditure | 670.30 | 3.0% |
| PBT | 93.20 | 30.5% |
| Net Profit | 92.00 | 46.3% |
| OPM | 17.44% | 1.62pp |
| NPM | 11.33% | 3.20pp |
| EPS | 0.60 | 42.9% |
Entegris Reports Q1 2026 Net Sales of $811.9 Million, Up 5.0% YoY
30 Apr 2026 · 30 Apr, 4:38 pm
Summary
Entegris, Inc. delivered solid first quarter 2026 results, with net sales reaching $811.9 million, a 5.0% increase year-over-year. GAAP diluted earnings per common share surged by 46.3% to $0.60, while non-GAAP diluted EPS grew 28.4% to $0.86. The company's adjusted gross margin stood at 46.9%, and adjusted operating margin improved to 23.6%, demonstrating disciplined execution. Management highlighted increasing unit-driven volumes from advanced manufacturing processes and strengthening order patterns, particularly from AI-related demand, as key drivers for performance and a positive outlook for the semiconductor market.
Key Highlights
- 1
Entegris reported net sales of $811.9 million for the first quarter of 2026, representing a 5.0% increase year-over-year.
- 2
GAAP diluted earnings per common share significantly rose by 46.3% year-over-year to $0.60 for Q1 2026.
- 3
Non-GAAP diluted earnings per common share reached $0.86, marking a 28.4% increase compared to the first quarter of the previous year.
- 4
The company achieved a GAAP net income of $92.0 million, an increase of 46.3% from $62.9 million in the prior year's first quarter.
- 5
Adjusted gross margin remained strong at 46.9%, while adjusted operating margin improved to 23.6% for the quarter.
- 6
Adjusted EBITDA for Q1 2026 was $226.1 million, reflecting a 2.4% increase year-over-year, with an Adjusted EBITDA margin of 27.8%.
- 7
The Advanced Purity Solutions (APS) segment saw net sales grow by 6.8% year-over-year to $463.6 million, driven by strong growth in liquid filtration and FOUPS.
Management Comments
Dave Reeder
Entegris delivered solid first quarter results, continuing our trend of disciplined execution and focused customer engagement. Revenue grew 5% year-over-year, primarily driven by increasing unit-driven volumes related to the industry’s most advanced manufacturing processes. Adjusted gross margin, adjusted EBITDA margin and non-GAAP EPS all exceeded our guidance range. Strong cash generation allowed us to reduce leverage while continuing to invest in our customers’ technology roadmaps.
Dave Reeder
Despite geopolitical tensions, the semiconductor market continues to improve, driven by accelerating AI-related demand. This momentum is reflected in strengthening order patterns across our portfolio. Entegris’ differentiated product portfolio is well positioned to capture incremental content from industry node migrations and manufacturing capacity expansions.
Informational and educational content only. Not investment advice.