Entegris, Inc. · NASDAQ:ENTG
Entegris — Q3 2026 Earnings Presentation
18 slides from Entegris's earnings presentation, Oct 29, 2026
Slide 1: Entegris Earnings Summary Third Quarter 2026
Entegris Earnings Summary Third Quarter 2026 October 29, 2026 ENTEGRIS PROPRIETARY AND CONFIDENTIAL – INTERNAL
Slide 2: Safe Harbor
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Safe Harbor This presentation contains “forward-looking statements”. The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “may,” “will,” “would” or the negative thereof and similar expressions are intended to
Slide 3: Summary – Consolidated Statement of Operations GAAP
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Summary – Consolidated Statement of Operations GAAP $ in millions, except per share data 3Q26 3Q25 2Q26 3Q26 over 3Q25 3Q26 over 2Q26 Net Sales $1,005.7 $807.1 $883.2 24.6% 13.9% Gross Margin 49.7% 43.5% 47.6% Operating Expenses $269.6 $228.7 $255.4 17.9%
Slide 4: Summary – Consolidated Statement of Operations Non-GAAP
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Summary – Consolidated Statement of Operations Non-GAAP1 $ in millions, except per share data 3Q26 3Q25 2Q26 3Q26 over 3Q25 3Q26 over 2Q26 Net Sales $1,005.7 $807.1 $883.2 24.6% 13.9% Adjusted Gross Margin – as a % of Net Sales1 48.9% 43.6% 47.6% Non-GAAP
Slide 5: 3Q26 Segment Highlights
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 3Q26 Segment Highlights Materials Solutions (MS) $ in millions 3Q26 3Q25 2Q26 3Q26 over 3Q25 3Q26 over 2Q26 Net Sales $404.1 $348.6 $371.3 15.9% 8.8% Segment Profit $84.3 $65.2 $77.7 29.3% 8.5% Segment Profit Margin 20.9% 18.7% 20.9% Adj. Segment Profit1
Slide 6: Summary – Balance Sheet Items
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Summary – Balance Sheet Items $ in millions 3Q26 3Q25 2Q26 Amount % Total Amount % Total Amount % Total Cash and Cash Equivalents $356.5 4.2% $399.8 4.8% $353.6 4.2% Accounts Receivable, Net 625.2 7.3% 493.2 5.9% 559.1 6.6% Inventories, Net 769.0 9.0% 646
Slide 7: Summary – Cash Flows
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Summary – Cash Flows $ in millions 3Q26 3Q25 2Q26 Beginning Cash Balance $353.6 $376.8 $442.7 Cash provided by operating activities 266.8 249.5 156.2 Capital expenditures (43.2) (66.7) (39.3) Proceeds from government incentives — 8.2 3.4 Other investing a
Slide 8: Outlook
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Outlook GAAP $ in millions, except share data 4Q26 Guidance 3Q26 Actual 2Q26 Actual Net Sales $1,025 - $1,055 $1,005.7 $883.2 Operating Expenses $269 - $275 $269.6 $255.4 Net Income $168 - $181 $157.8 $93.6 Diluted Earnings per Common Share $1.09 - $1.17
Slide 9: Appendix
CO Entegris Appendix
Slide 10: Consolidated Summary Financials Non-GAAP
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Consolidated Summary Financials Non-GAAP1 $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 Net Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 $883.2 $1,005.7 Adjusted Gross Margin % 46.1% 44.6% 43.6% 44.0% 44.6% 46.9% 47.6% 48.9% Non-GAAP Operat
Slide 11: Segment Financials Non-GAAP
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Segment Financials Non-GAAP1 $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 Net Sales: MS $341.4 $354.9 $348.6 $361.8 $1,406.7 $351.1 $371.3 $404.1 APS 433.9 439.9 460.8 464.5 1,799.1 463.6 514.6 604.9 Inter-segment elimination (2.1) (2.4) (2.3)
Slide 12: Reconciliation of Gross Profit to Adjusted Gross Profit
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of Gross Profit to Adjusted Gross Profit $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 Net Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 $883.2 $1,005.7 Gross profit - GAAP $356.5 $351.5 $351.3 $360.6 $1,419.9 $380.8 $420.0 $5
Slide 13: Reconciliation of GAAP Operating Expenses to Non-GAAP
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Operating Expenses to Non-GAAP $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 GAAP Operating Expenses $234.2 $245.4 $228.7 $255.7 $964.0 $239.2 $255.4 $269.6 Adjustments to operating expenses: Restructuring costs1 2.2 11.2
Slide 14: Reconciliation of Segment Profit to Adjusted Segment Profit
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of MS Segment Profit to Adjusted MS Segment Profit Non-GAAP $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 MS segment profit $75.0 $72.5 $65.2 $63.9 $276.6 $75.9 $77.7 $84.3 IEEPA Tariff refunds1 — — — — — — — (2.1) Restructuring c
Slide 15: Reconciliation of GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 Net Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 $883.2 $1,005.7 Net income 62.9 52.8 70.5 49.4 235.6 92.0 93.6
Slide 16: Reconciliation of GAAP Net Income and EPS to Non-GAAP
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Net Income and Diluted Earnings per Common Share to Non-GAAP Net Income and Diluted Non-GAAP Earnings per Common Share $ in millions, except per share data 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 GAAP net income $62.9 $52.8 $70.5
Slide 17: Reconciliation of GAAP Outlook to Non-GAAP Outlook
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Outlook to Non-GAAP Outlook* $ in millions Fourth Quarter Outlook Reconciliation GAAP operating expenses to non-GAAP operating expenses: December 31, 2026 GAAP operating expenses $269 - $275 Adjustments to net income: Amortization o
Slide 18: Reconciliation of GAAP Outlook to Non-GAAP Outlook (continued)
ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Reconciliation of GAAP Outlook to Non-GAAP Outlook* (continued) $ in millions Fourth Quarter Outlook Reconciliation GAAP operating income to non-GAAP operating income and adjusted EBITDA: December 31, 2026 Net sales $1,025 - $1,055 GAAP - Operating income