MKS Inc. (MKSI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.08B | 1.03B | 988M | 973M | 936M | 934M | 896M | 887M | 868M | 892M | 932M | 1B | 794M | 1.09B | 954M | 765M | 742M | 763.9M | 742M | 750M |
| Revenue Growth % | 15.17% | 10.6% | 10.27% | 9.7% | 7.83% | 4.71% | -3.86% | -11.57% | 9.32% | -17.86% | -2.31% | 31.11% | 7.01% | 42.17% | 28.57% | 2% | 6.92% | 15.71% | 25.81% | 37.79% |
| Cost of Goods Sold | 571M | 615M | 527M | 520M | 492M | 493M | 464M | 468M | 453M | 481M | 506M | 533M | 459M | 601M | 564M | 427M | 408M | 409.4M | 394M | 395M |
| COGS % of Revenue | 52.97% | 59.54% | 53.34% | 53.44% | 52.56% | 52.78% | 51.79% | 52.76% | 52.19% | 53.92% | 54.29% | 53.14% | 57.81% | 55.34% | 59.12% | 55.82% | 54.99% | 53.59% | 53.1% | 52.67% |
| Gross Profit | 507M | 418M | 461M | 453M | 444M | 441M | 432M | 419M | 415M | 411M | 426M | 470M | 335M | 485M | 390M | 338M | 334M | 354.5M | 348M | 355M |
| Gross Margin % | 47.03% | 40.46% | 46.66% | 46.56% | 47.44% | 47.22% | 48.21% | 47.24% | 47.81% | 46.08% | 45.71% | 46.86% | 42.19% | 44.66% | 40.88% | 44.18% | 45.01% | 46.41% | 46.9% | 47.33% |
| Gross Profit Growth % | 14.19% | -5.22% | 6.71% | 8.11% | 6.99% | 7.3% | 1.41% | -10.85% | 23.88% | -15.26% | 9.23% | 39.05% | 0.3% | 36.81% | 12.07% | -4.79% | 3.73% | 17.54% | 32.82% | 44.13% |
| Operating Expenses | 271M | 263M | 323M | 318M | 333M | 305M | 304M | 292M | 309M | 387M | 308M | 2.17B | 334M | 322M | 272M | 174M | 162M | 172.7M | 173M | 169M |
| OpEx % of Revenue | 25.14% | 25.46% | 32.69% | 32.68% | 35.58% | 32.66% | 33.93% | 32.92% | 35.6% | 43.39% | 33.05% | 215.95% | 42.07% | 29.65% | 28.51% | 22.75% | 21.83% | 22.61% | 23.32% | 22.53% |
| Selling, General & Admin | 190M | 185M | 180M | 175M | 185M | 176M | 167M | 161M | 170M | 161M | 167M | 172M | 174M | 169M | 126M | 101M | 92M | 96.2M | 95M | 97M |
| SG&A % of Revenue | 17.63% | 17.91% | 18.22% | 17.99% | 19.77% | 18.84% | 18.64% | 18.15% | 19.59% | 18.05% | 17.92% | 17.15% | 21.91% | 15.56% | 13.21% | 13.2% | 12.4% | 12.59% | 12.8% | 12.93% |
| Research & Development | 81M | 78M | 76M | 76M | 70M | 65M | 70M | 66M | 70M | 70M | 71M | 75M | 72M | 73M | 63M | 53M | 52M | 51.1M | 52M | 50M |
| R&D % of Revenue | 7.51% | 7.55% | 7.69% | 7.81% | 7.48% | 6.96% | 7.81% | 7.44% | 8.06% | 7.85% | 7.62% | 7.48% | 9.07% | 6.72% | 6.6% | 6.93% | 7.01% | 6.69% | 7.01% | 6.67% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 173M | 155M | 138M | 135M | 111M | 136M | 128M | 127M | 106M | 24M | 118M | -1.7B | 1M | 163M | 118M | 164M | 172M | 181.8M | 175M | 186M |
| Operating Margin % | 16.05% | 15% | 13.97% | 13.87% | 11.86% | 14.56% | 14.29% | 14.32% | 12.21% | 2.69% | 12.66% | -169.09% | 0.13% | 15.01% | 12.37% | 21.44% | 23.18% | 23.8% | 23.58% | 24.8% |
| Operating Income Growth % | 55.86% | 13.97% | 7.81% | 6.3% | 4.72% | 466.67% | 8.47% | 107.49% | 10500% | -85.28% | 0% | -1134.15% | -99.42% | -10.34% | -32.57% | -11.83% | 10.26% | 23.93% | 50.34% | 84.52% |
| EBITDA | 258M | 241M | 224M | 222M | 196M | 222M | 215M | 214M | 194M | 120M | 211M | -1.59B | 108M | 259M | 182M | 192M | 200M | 209.8M | 202M | 211M |
| EBITDA Margin % | 23.93% | 23.33% | 22.67% | 22.82% | 20.94% | 23.77% | 24% | 24.13% | 22.35% | 13.45% | 22.64% | -159.02% | 13.6% | 23.85% | 19.08% | 25.1% | 26.95% | 27.46% | 27.22% | 28.13% |
| EBITDA Growth % | 31.63% | 8.56% | 4.19% | 3.74% | 1.03% | 85% | 1.9% | 113.42% | 79.63% | -53.67% | 15.93% | -930.73% | -46% | 23.45% | -9.9% | -9% | 11.11% | 23.34% | 44.6% | 68.94% |
| D&A (Non-Cash Add-back) | 85M | 86M | 86M | 87M | 85M | 86M | 87M | 87M | 88M | 96M | 93M | 101M | 107M | 96M | 64M | 28M | 28M | 28M | 27M | 25M |
| EBIT | 173M | 140M | 137M | 130M | 118M | 149M | 138M | 114M | 122M | 10M | 120M | -1.69B | 6M | 150M | 120M | 163M | 177M | 184.9M | 172M | 178M |
| Net Interest Income | -43M | -47M | -50M | -51M | -50M | -61M | -58M | -74M | -81M | -83M | -89M | -84M | -82M | -82M | -79M | -6M | -6M | -6.1M | -6M | -6M |
| Interest Income | 2M | 4M | 3M | 4M | 3M | 5M | 6M | 18M | 22M | 7M | 4M | 4M | 3M | 2M | 1M | 1M | 0 | 200K | 0 | 0 |
| Interest Expense | 45M | 51M | 53M | 55M | 53M | 66M | 64M | 92M | 103M | 90M | 93M | 88M | 85M | 84M | 80M | 7M | 6M | 6.3M | 6M | 6M |
| Other Income/Expense | -71M | -66M | -54M | -63M | -52M | -56M | -68M | -105M | -87M | -104M | -96M | -95M | -80M | -97M | -78M | -8M | -1M | -3.2M | -9M | -14M |
| Pretax Income | 102M | 89M | 84M | 72M | 59M | 80M | 60M | 22M | 19M | -80M | 22M | -1.79B | -79M | 66M | 40M | 156M | 171M | 178.6M | 166M | 172M |
| Pretax Margin % | 9.46% | 8.62% | 8.5% | 7.4% | 6.3% | 8.57% | 6.7% | 2.48% | 2.19% | -8.97% | 2.36% | -178.56% | -9.95% | 6.08% | 4.19% | 20.39% | 23.05% | 23.38% | 22.37% | 22.93% |
| Income Tax | 18M | -18M | 10M | 10M | 7M | -11M | -2M | -1M | 4M | -11M | -17M | -22M | -37M | 12M | 34M | 26M | 28M | 28.4M | 34M | 26M |
| Effective Tax Rate % | 17.65% | -20.22% | 11.9% | 13.89% | 11.86% | -13.75% | -3.33% | -4.55% | 21.05% | 13.75% | -77.27% | 1.23% | 46.84% | 18.18% | 85% | 16.67% | 16.37% | 15.9% | 20.48% | 15.12% |
| Net Income | 84M | 107M | 74M | 62M | 52M | 91M | 62M | 23M | 15M | -69M | 39M | -1.77B | -42M | 54M | 6M | 130M | 143M | 150.2M | 132M | 146M |
| Net Margin % | 7.79% | 10.36% | 7.49% | 6.37% | 5.56% | 9.74% | 6.92% | 2.59% | 1.73% | -7.74% | 4.18% | -176.37% | -5.29% | 4.97% | 0.63% | 16.99% | 19.27% | 19.66% | 17.79% | 19.47% |
| Net Income Growth % | 61.54% | 17.58% | 19.35% | 169.57% | 246.67% | 231.88% | 58.97% | 101.3% | 135.71% | -227.78% | 550% | -1460.77% | -129.37% | -64.05% | -95.45% | -10.96% | 17.21% | 29.93% | 43.95% | 98.1% |
| Net Income (Continuing) | 84M | 107M | 74M | 62M | 52M | 91M | 62M | 23M | 15M | -69M | 39M | -1.77B | -42M | 54M | 6M | 130M | 143M | 150.2M | 132M | 146M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.18 | 1.58 | 1.10 | 0.92 | 0.77 | 1.33 | 0.92 | 0.33 | 0.22 | -1.02 | 0.58 | -26.48 | -0.64 | 0.81 | 0.09 | 2.32 | 2.57 | 2.70 | 2.38 | 2.63 |
| EPS Growth % | 53.25% | 18.8% | 19.57% | 178.79% | 250% | 230.39% | 58.62% | 101.25% | 134.38% | -225.93% | 544.44% | -1241.38% | -124.9% | -70% | -96.22% | -11.79% | 16.82% | 29.81% | 43.37% | 97.74% |
| EPS (Basic) | 1.25 | 1.60 | 1.10 | 0.92 | 0.77 | 1.34 | 0.92 | 0.34 | 0.22 | -1.02 | 0.58 | -26.48 | -0.63 | 0.81 | 0.10 | 2.33 | 2.57 | 2.71 | 2.39 | 2.64 |
| Diluted Shares Outstanding | 71.1M | 68M | 67.6M | 67.4M | 67.7M | 67.7M | 67.6M | 67.5M | 67.4M | 67.1M | 67.1M | 66.8M | 66.7M | 66.7M | 61.1M | 55.8M | 55.8M | 55.7M | 55.7M | 55.7M |
| Basic Shares Outstanding | 67.4M | 67.3M | 67.3M | 67.2M | 67.4M | 67.4M | 67.4M | 67.3M | 67M | 66.9M | 66.9M | 66.8M | 66.7M | 66.6M | 61M | 55.7M | 55.6M | 55.5M | 55.5M | 55.4M |
| Dividend Payout Ratio | 20.24% | 14.02% | 18.92% | 24.19% | 28.85% | 16.48% | 22.58% | 65.22% | 100% | - | 38.46% | - | - | 27.78% | 216.67% | 9.23% | 8.39% | 7.32% | 9.24% | 8.36% |