ENTEGRIS (ENTG) Company Report

Entegris reported flat revenue of approximately $807 million and adjusted earnings per share of $0.72 for Q3 2025, slightly surpassing revenue expectations and meeting EPS forecasts.
Despite meeting Q3 expectations, the company experienced declining gross margins year-over-year and projected weaker guidance for Q4 2025, with expected adjusted earnings and revenue falling below analyst estimates.
This weak guidance led to a significant stock price decline, reflecting investor concerns over profitability challenges and competitive industry conditions.
The Advanced Purity Solutions (APS) segment showed stronger sequential sales growth and margin improvement in Q3 2025, and inventory days outstanding improved to 129 days from 144 days in the prior quarter.

Oct 30, 2025, 5:27 PM

Morningstar

Entegris Reports Q3 2025 Results, Outlines Strategic Priorities, and Provides Q4 Outlook

ENTG

Earnings

Guidance Update

CEO Change

Entegris reported Q3 2025 revenue of $807 million, which was flat year-over-year and up 2% sequentially, in line with guidance. Non-GAAP EPS was $0.72 per share, also in line with guidance, while the non-GAAP gross margin of 43.6% was below guidance due to manufacturing asset underutilization.
The company generated $191 million in free cash flow in Q3 2025, its highest in six years, and paid down $150 million of its term loan. The single capital allocation priority remains reducing gross leverage to below 4x.
CEO Dave Reeder, in his first earnings call, outlined three initial priorities: enhancing customer intimacy, accelerating the qualification and ramp of new facilities in Taiwan (volume increase in 2026) and Colorado (qualifications in 2026, ramp late 2026/2027), and improving free cash flow.
For Q4 2025, Entegris expects sales to range from $790 million to $830 million and non-GAAP EPS between $0.62 and $0.69 per share. Capital expenditures are anticipated to materially decrease year-over-year after Q3 2025.
The company noted strong AI-driven growth in advanced logic and memory, with renewed optimism for 3D NAND, but industry facilities-related spending is down approximately 10% year-over-year.

Oct 30, 2025, 12:00 PM

Transcript

Entegris Announces Q3 2025 Earnings and Q4 2025 Guidance

ENTG

Earnings

Guidance Update

Entegris reported Net Sales of $807.1 million for Q3 2025.
GAAP Diluted Earnings Per Common Share was $0.46, while Non-GAAP Diluted Earnings Per Common Share reached $0.72 in Q3 2025.
The company generated $249.5 million in cash from operating activities and $191.0 million in Free Cash Flow during Q3 2025.
For Q4 2025, Entegris projects Net Sales to be between $790 million and $830 million, with Diluted Non-GAAP Earnings Per Common Share expected to range from $0.62 to $0.69.

Oct 30, 2025, 12:00 PM

Presentation

Entegris Reports Q3 2025 Results and Provides Q4 Outlook

ENTG

Earnings

Guidance Update

New Projects/Investments

Entegris reported Q3 2025 revenue of $807 million and non-GAAP EPS of $0.72 per share, both in line with guidance, while non-GAAP gross margin was 43.6%, below expectations primarily due to manufacturing underutilization.
The company generated record operating cash flow and $191 million in free cash flow in Q3, enabling a $150 million debt repayment. Gross debt stands at approximately $3.9 billion, with gross leverage at 4.3 times, and debt reduction remains a top priority.
For Q4 2025, Entegris expects sales between $790 million and $830 million and a non-GAAP gross margin of 43% to 44%.
The new CEO outlined three initial priorities: enhancing customer intimacy, accelerating the qualification and ramp of new facilities in Taiwan and Colorado, and improving free cash flow to accelerate debt reduction.
Market trends show strong growth in advanced logic driven by AI and renewed optimism in 3D NAND, but CapEx-driven revenue declined due to a ~10% decrease in industry facilities-related spending.

Oct 30, 2025, 12:00 PM

Transcript

Entegris, Inc. Reports Third Quarter 2025 Results and Provides Fourth Quarter Outlook

ENTG

Earnings

CEO Change

Guidance Update

Entegris, Inc. reported net sales of $807 million for the third quarter ended September 27, 2025.
The company's GAAP diluted EPS for Q3 2025 was $0.46, and non-GAAP diluted EPS was $0.72.
Dave Reeder began his tenure as CEO of Entegris, Inc. during the third quarter of 2025, noting that revenue, EBITDA, and non-GAAP EPS met guidance, and the company delivered record operating cash flow.
For the fourth quarter ending December 31, 2025, Entegris, Inc. expects sales to be between $790 million and $830 million.
The outlook for Q4 2025 includes GAAP diluted EPS between $0.35 and $0.42, and non-GAAP diluted EPS ranging from $0.62 to $0.69.

Oct 30, 2025, 11:03 AM

8-K

Entegris Reports Third Quarter 2025 Results and New CEO

ENTG

Earnings

CEO Change

Guidance Update

Entegris reported net sales of $807 million for the third quarter ended September 27, 2025, with non-GAAP diluted EPS of $0.72.
Dave Reeder has commenced his role as President and Chief Executive Officer of Entegris.
For the fourth quarter ending December 31, 2025, the company anticipates sales between $790 million and $830 million, and projects non-GAAP diluted EPS to be in the range of $0.62 to $0.69.

Oct 30, 2025, 11:00 AM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for ENTEGRIS.

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