Entegris Q3 2026 net income jumps 123.8% to $158M
Fourth-quarter projections include sales of $1,025 million to $1,055 million and Adjusted EBITDA of approximately 30.7% to 31.2% of sales.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Entegris, Inc. (ENTG) reported third-quarter 2026 net sales of $1,005.7 million, compared with $807.1 million a year earlier. GAAP net income was $157.8 million versus $70.5 million, and diluted GAAP earnings per share were $1.03 versus $0.46. Non-GAAP diluted EPS was $1.23, compared with $0.72. GAAP gross margin was 49.7%, compared with 43.5%.
Materials Solutions sales were $404.1 million, up 15.9% year over year; Advanced Purity Solutions sales were $604.9 million, up 31.3%. Cash provided by operating activities was $266.8 million versus $249.5 million. Entegris made debt payments of $200.0 million during the quarter. Long-term debt was $3,260.6 million at September 26, 2026, compared with $3,697.6 million at December 31, 2025.
For the fourth quarter ending December 31, 2026, Entegris expects sales of $1,025 million to $1,055 million, GAAP net income of $168 million to $181 million, diluted GAAP EPS of $1.09 to $1.17, and diluted non-GAAP EPS of $1.32 to $1.40. It expects Adjusted EBITDA of approximately 30.7% to 31.2% of sales.
2 points · 0 major0 major · 0 points
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointThird-quarter net sales increased 24.6% year over year.
- Moderate pointThird-quarter GAAP net income increased 123.8% year over year.
Negative
- None.
Filing Explained
The
8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Net sales: $1,005.7 million
GAAP net income: $157.8 million
Diluted GAAP earnings per common share: $1.03
+5 more
8 metrics
Net sales
$1,005.7 million
Third quarter ended September 26, 2026; compared with $807.1 million a year earlier
GAAP net income
$157.8 million
Third quarter ended September 26, 2026; compared with $70.5 million a year earlier
Diluted GAAP earnings per common share
$1.03
Third quarter ended September 26, 2026; compared with $0.46 a year earlier
Diluted non-GAAP earnings per common share
$1.23
Third quarter ended September 26, 2026; compared with $0.72 a year earlier
GAAP gross margin
49.7%
Third quarter ended September 26, 2026; compared with 43.5% a year earlier
Cash provided by operating activities
$266.8 million
Third quarter ended September 26, 2026; compared with $249.5 million a year earlier
Long-term debt
$3,260.6 million
As of September 26, 2026
Fourth-quarter net sales outlook
$1,025 million to $1,055 million
Expected for the quarter ending December 31, 2026
Key Terms
Adjusted EBITDA, Non-GAAP financial measures, Free Cash Flow
3 terms
Adjusted EBITDA financial
"Adjusted EBITDA of approximately 30.7% to 31.2% of sales"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
Non-GAAP financial measures financial
"considered “non-GAAP financial measures”"
Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.
Free Cash Flow financial
"Free Cash Flow $223.6"
Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.
Earnings Snapshot
Net sales: $1,005.7 million · Guidance included
Third quarter ended September 26, 2026
Net sales
$1,005.7 million
24.6% year over year
GAAP net income
$157.8 million
123.8% year over year
Diluted GAAP earnings per common share
$1.03
123.9% year over year
Guidance
For the fourth quarter ending December 31, 2026, expected sales are $1,025 million to $1,055 million; GAAP net income is $168 million to $181 million; diluted GAAP EPS is $1.09 to $1.17; diluted non-GAAP EPS is $1.32 to $1.40; and Adjusted EBITDA is approximately 30.7% to 31.2% of sales.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much revenue did ENTG report in Q3 2026?
Entegris reported third-quarter 2026 net sales of $1,005.7 million, compared with $807.1 million in the third quarter of 2025. GAAP net income was $157.8 million, and diluted GAAP earnings per share were $1.03.
What is ENTG's Q4 2026 outlook?
Entegris expects fourth-quarter 2026 sales of $1,025 million to $1,055 million. Its outlook also includes GAAP net income of $168 million to $181 million, diluted GAAP EPS of $1.09 to $1.17, and diluted non-GAAP EPS of $1.32 to $1.40.
What was ENTG's free cash flow in Q3 2026?
Entegris reported Free Cash Flow of $223.6 million for the third quarter of 2026. The company defines this measure as cash provided by operating activities less capital expenditures, net of proceeds from government incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________
FORM 8-K
________________________________________
CURRENT REPORT
PURSUANT TO SECTIONS 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) October 29, 2026
 | ||
_______________________________________
(Exact name of registrant as specified in its charter)
_______________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||||||||
(978 ) 436-6500
(Registrant’s telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
___________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On October 29, 2026 , Entegris, Inc. (the "Company") issued a press release to announce results for the third quarter of 2026 and will hold a conference call to discuss such results. A copy of this press release and the supplemental slides to which management will refer during the conference call are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.
In accordance with General Instructions B.2 of Form 8-K, the information in this Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing. The information set forth herein will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| EXHIBIT INDEX | ||||||||
| Exhibit No. | Description | |||||||
| 99.1 | Press Release, dated October 29, 2026 | |||||||
| 99.2 | Third Quarter Earnings Release Presentation Slides, dated October 29, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ENTEGRIS, INC. | ||||||||
Dated: October 29, 2026 | By: | /s/ Sukhi Nagesh | ||||||
| Name: | Sukhi Nagesh | |||||||
| Title: | Senior Vice President and Chief Financial Officer | |||||||
 | PRESS RELEASE Jeffrey Schnell Vice President, Investor Relations T + 1 201 207 3029 jeffrey.schnell@entegris.com | |||||||||||||
Exhibit 99.1
ENTEGRIS REPORTS RESULTS FOR THIRD QUARTER OF 2026
•Net sales of $1,006 million.
•GAAP diluted EPS of $1.03.
•Non-GAAP diluted EPS of $1.23.
BILLERICA, Mass., October 29, 2026 - Entegris, Inc. (NASDAQ: ENTG), today reported its financial results for the Company’s third quarter ended September 26, 2026.
Dave Reeder, Entegris’ President and Chief Executive Officer, said: “Entegris is executing well against an attractive long-term opportunity, driven by increasing semiconductor complexity, rising materials intensity, and investment in leading-edge technologies. Our ability to deliver the performance, quality, and reliability our customers require is helping us expand plans of record and secure new design wins, driving strong revenue growth across our unit and capex businesses. That growth, combined with disciplined execution, drove another strong quarter, highlighted by record revenue, continued margin expansion and strong earnings growth, all of which exceeded our guidance range. We also delivered record cash flow, enabling us to accelerate debt repayment and further strengthen our balance sheet. We look forward to discussing the significant opportunities ahead for Entegris and our long-term strategy in more detail at our Capital Markets Day on November 9, 2026.”
Quarterly Financial Results Summary
(in millions, except percentages and per share data)
| GAAP Results | Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | ||||||||
| Net sales | $1,005.7 | $807.1 | $883.2 | ||||||||
| Gross margin - as a % of net sales | 49.7 | % | 43.5 | % | 47.6 | % | |||||
| Operating margin - as a % of net sales | 22.9 | % | 15.2 | % | 18.6 | % | |||||
| Net income | $157.8 | $70.5 | $93.6 | ||||||||
| Diluted earnings per common share | $1.03 | $0.46 | $0.61 | ||||||||
| Non-GAAP Results | Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | ||||||||
| Adjusted gross margin - as a % of net sales | 48.9 | % | 43.6 | % | 47.6 | % | |||||
| Adjusted operating margin - as a % of net sales | 26.8 | % | 21.1 | % | 24.5 | % | |||||
| Adjusted EBITDA - as a % of net sales | 30.2 | % | 27.3 | % | 28.4 | % | |||||
| Diluted non-GAAP earnings per common share | $1.23 | $0.72 | $0.93 | ||||||||
Fourth Quarter of 2026 Outlook
For the Company’s guidance for the fourth quarter ending December 31, 2026, the Company expects sales of $1,025 million to $1,055 million. The Company expects GAAP net income to be between $168 million and $181 million and diluted earnings per common share is expected to be between $1.09 and $1.17. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $1.32 to $1.40, reflecting net income on a non-GAAP basis in the range of $203 million to $215 million. The Company also expects Adjusted EBITDA of approximately 30.7% to 31.2% of sales.
Segment Results
The Company currently operates in two segments:
Materials Solutions (MS): MS provides materials-based solutions, such as chemical vapor and atomic layer deposition materials, chemical mechanical planarization slurries and pads, ion implantation specialty gases, formulated etch and clean materials, and other specialty materials that enable our customers to achieve better device performance and faster time to yield, while providing for lower total cost of ownership.
Advanced Purity Solutions (APS): APS offers filtration, purification and contamination-control solutions that improve customers’ yield, device reliability and cost by ensuring the purity of critical liquid chemistries and gases and the cleanliness of wafers and other substrates used throughout semiconductor manufacturing processes, the semiconductor ecosystem and other high-technology industries.
Third Quarter Results Conference Call
Entegris will hold a conference call to discuss its results for the third quarter on Thursday, October 29 2026, at 8:00 a.m. Eastern Time. Participants should dial 833-316-1983 or +1 785-838-9310, referencing confirmation ID: ENTGQ326. Participants are asked to dial in 10 minutes prior to the start of the call. For the live webcast and replay of the call, please Click Here.
Management’s slide presentation concerning the results for the third quarter will be posted on the Investor Relations section of www.entegris.com.
About Entegris
Entegris is a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries. Entegris has approximately 7,700 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.
Non-GAAP Information
The Company’s condensed consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States (GAAP). Adjusted Net Sales, Adjusted EBITDA, Adjusted Gross Profit, Adjusted Segment Profit, Adjusted Operating Income, non-GAAP Net Income, non-GAAP Adjusted Operating Margin and diluted non-GAAP Earnings Per Common Share, together with related measures thereof, are considered “non-GAAP financial measures” under the rules and regulations of the Securities and Exchange Commission. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. The Company provides supplemental non-GAAP financial measures to better understand and manage its business and believes these measures provide investors and analysts additional and meaningful information for the assessment of the Company’s ongoing results. Management also uses these non-GAAP measures to assist in the evaluation of the performance of its business segments and to make operating decisions. Management believes that the Company’s non-GAAP measures help indicate the Company’s baseline performance before certain gains, losses or other charges that may not be indicative of the Company’s business or future outlook, and that non-GAAP measures offer a more consistent view of business performance. The Company believes the non-GAAP measures aid investors’ overall understanding of the Company’s results by providing a higher degree of transparency for such items and providing a level of disclosure that will help investors generally understand how management plans, measures and evaluates the Company’s business performance. Management believes that the inclusion of non-GAAP measures provides greater consistency in its financial reporting and facilitates investors’ understanding of the Company’s historical operating trends by providing an additional basis for comparisons to prior periods. The reconciliations of GAAP net sales to Adjusted Net Sales (excluding divestiture), GAAP gross profit to Adjusted Gross Profit, GAAP segment profit to Adjusted Operating Income, GAAP net income to Adjusted Operating Income and Adjusted EBITDA, GAAP net income and diluted earnings per common share to non-GAAP Net Income and diluted non-GAAP Earnings Per Common Share and GAAP outlook to non-GAAP outlook are included elsewhere in this release.
Entegris, Inc. - page 2 of 13
Cautionary Note on Forward-Looking Statements
This news release 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 identify such forward-looking statements. These forward-looking statements are based on current management expectations and assumptions only as of the date of this news release. They are not guarantees of future performance and they involve substantial risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to, fluctuations in demand for semiconductors and volume of semiconductor manufacturing; global economic uncertainty, including volatile financial markets, inflation and increased costs, trade wars, fluctuations in interest rates, economic recessions, and national debt and bank failures; supply chain risks, including partial reliance on sole, single or limited source suppliers; challenges inherent in operating a global business, including managing complex political, legal, regulatory, and operational environments across the jurisdictions in which the Company operates; the impact of export controls, economic sanctions and other similar restrictions; customer concentration; the need for continuing innovation and introduction of new products; manufacturing interruptions or delays and other operational disruptions; information technology system failures, network disruptions, data breaches, and other cybersecurity threats; the impact of tariffs and a volatile trade environment; the use of hazardous materials in the Company’s operations; goodwill impairment; loss of key employees; the Company’s ability to obtain, protect, and enforce intellectual property rights; the Company’s use, and its competitors’ use, of AI; environmental, social, and governance commitments; the impact of being subject to numerous rapidly evolving environmental laws and regulations across many jurisdictions; risks related to the regulatory environment, including compliance costs and being subject to potentially inconsistent or conflicting regulations; changes in taxation or adverse tax rulings; the impact of government incentives, including added operational complexity and competition; the impact of the Company’s indebtedness, including its ability to obtain future financing; risks related to the Company’s ability to generate sufficient cash to service its indebtedness; restrictions on the Company’s operations as a result of the terms of the Amended Credit Agreement and the Indentures; the volatility of the price of the Company’s common stock; changes in capital allocation strategy; provisions in the Company’s charter documents and Delaware law may delay or prevent the Company from being acquired; significant competition; the Company’s ability to successfully acquire or integrate other businesses, form joint ventures, or divest businesses; the impact of climate change, including changes in market dynamics and stakeholder expectations, and unexpected operational disruptions; and the other factors and additional information described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 11, 2026, including under the heading “Risk Factors” in Part I, Item 1A, and in the Company’s other periodic filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company undertakes no obligation to update any forward-looking statements or information contained herein, which speak as of their respective dates.
Entegris, Inc. - page 3 of 13
Entegris, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
(In millions, except per share data)
(Unaudited)
| Three months ended | ||||||||||||||
| Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | ||||||||||||
| Net sales | $1,005.7 | $807.1 | $883.2 | |||||||||||
| Cost of sales | 505.5 | 455.8 | 463.2 | |||||||||||
| Gross profit | 500.2 | 351.3 | 420.0 | |||||||||||
| Selling, general and administrative expenses | 136.5 | 101.8 | 126.5 | |||||||||||
| Engineering, research and development expenses | 87.5 | 80.9 | 82.8 | |||||||||||
| Amortization of intangible assets | 45.6 | 46.0 | 46.1 | |||||||||||
| Operating income | 230.6 | 122.6 | 164.6 | |||||||||||
| Interest expense, net | 43.9 | 46.1 | 46.7 | |||||||||||
| Other expense (income), net | 0.2 | 4.2 | 7.8 | |||||||||||
| Income before income tax expense | 186.5 | 72.3 | 110.1 | |||||||||||
| Income tax expense | 28.7 | 1.5 | 16.5 | |||||||||||
| Equity in net loss of affiliates | — | 0.3 | — | |||||||||||
| Net income | $157.8 | $70.5 | $93.6 | |||||||||||
| Basic earnings per common share | $1.03 | $0.46 | $0.61 | |||||||||||
| Diluted earnings per common share | $1.03 | $0.46 | $0.61 | |||||||||||
| Weighted average shares outstanding: | ||||||||||||||
| Basic | 153.1 | 151.8 | 152.8 | |||||||||||
| Diluted | 153.9 | 152.3 | 153.6 | |||||||||||
Entegris, Inc. - page 4 of 13
Entegris, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
(In millions, except per share data)
(Unaudited)
| Nine months ended | |||||||||||
| Sep 26, 2026 | Sep 27, 2025 | ||||||||||
| Net sales | $2,700.8 | $2,372.7 | |||||||||
| Cost of sales | 1,399.8 | 1,313.4 | |||||||||
| Gross profit | 1,301.0 | 1,059.3 | |||||||||
| Selling, general and administrative expenses | 380.6 | 320.2 | |||||||||
| Engineering, research and development expenses | 245.6 | 250.0 | |||||||||
| Amortization of intangible assets | 138.0 | 138.1 | |||||||||
| Operating income | 536.8 | 351.0 | |||||||||
| Interest expense, net | 137.6 | 146.2 | |||||||||
| Other expense, net | 9.4 | 5.3 | |||||||||
| Income before income tax expense | 389.8 | 199.5 | |||||||||
| Income tax expense | 46.2 | 12.5 | |||||||||
| Equity in net loss of affiliates | 0.2 | 0.8 | |||||||||
| Net income | $343.4 | $186.2 | |||||||||
| Basic earnings per common share: | $2.25 | $1.23 | |||||||||
| Diluted earnings per common share: | $2.24 | $1.22 | |||||||||
| Weighted average shares outstanding: | |||||||||||
| Basic | 152.7 | 151.6 | |||||||||
| Diluted | 153.6 | 152.1 | |||||||||
Entegris, Inc. - page 5 of 13
Entegris, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
| Sep 26, 2026 | Dec 31, 2025 | ||||||||||||||||
| ASSETS | |||||||||||||||||
| Current assets: | |||||||||||||||||
| Cash and cash equivalents | $356.5 | $360.4 | |||||||||||||||
| Trade accounts and notes receivable, net | 625.2 | 458.7 | |||||||||||||||
| Inventories, net | 769.0 | 643.2 | |||||||||||||||
| Deferred tax charges and refundable income taxes | 35.1 | 35.1 | |||||||||||||||
| Other current assets | 134.9 | 140.8 | |||||||||||||||
| Total current assets | 1,920.7 | 1,638.2 | |||||||||||||||
| Property, plant and equipment, net | 1,621.8 | 1,636.1 | |||||||||||||||
| Right-of-use assets | 111.5 | 108.7 | |||||||||||||||
| Goodwill | 3,950.0 | 3,946.7 | |||||||||||||||
| Intangible assets, net | 769.1 | 906.9 | |||||||||||||||
| Deferred tax assets and other noncurrent tax assets | 126.8 | 91.6 | |||||||||||||||
| Other noncurrent assets | 40.7 | 22.3 | |||||||||||||||
| Total assets | $8,540.6 | $8,350.5 | |||||||||||||||
| LIABILITIES AND EQUITY | |||||||||||||||||
| Current liabilities | |||||||||||||||||
| Accounts payable | $262.4 | $171.5 | |||||||||||||||
| Accrued liabilities | 404.2 | 234.7 | |||||||||||||||
| Income taxes payable | 55.5 | 82.4 | |||||||||||||||
| Total current liabilities | 722.1 | 488.6 | |||||||||||||||
| Long-term debt | 3,260.6 | 3,697.6 | |||||||||||||||
| Long-term lease liabilities | 100.4 | 98.6 | |||||||||||||||
| Other liabilities | 124.6 | 112.3 | |||||||||||||||
| Shareholders’ equity | 4,332.9 | 3,953.4 | |||||||||||||||
| Total liabilities and equity | $8,540.6 | $8,350.5 | |||||||||||||||
Entegris, Inc. - page 6 of 13
Entegris, Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows
(In millions)
(unaudited)
| Three months ended | Nine months ended | |||||||||||||
| Sep 26, 2026 | Sep 27, 2025 | Sep 26, 2026 | Sep 27, 2025 | |||||||||||
| Operating activities: | ||||||||||||||
| Net income | $157.8 | $70.5 | $343.4 | $186.2 | ||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||
| Depreciation | 33.9 | 50.4 | 102.4 | 151.6 | ||||||||||
| Amortization | 45.6 | 46.0 | 138.0 | 138.1 | ||||||||||
| Share-based compensation expense | 19.7 | 18.4 | 54.8 | 50.4 | ||||||||||
| Provision for deferred income taxes | 0.4 | (19.4) | (23.2) | (54.8) | ||||||||||
| Other | 14.4 | 14.8 | 56.4 | 56.8 | ||||||||||
| Changes in operating assets and liabilities: | ||||||||||||||
| Trade accounts and notes receivable | (66.3) | (1.3) | (167.5) | 7.5 | ||||||||||
| Inventories | (69.9) | 41.7 | (153.2) | (34.4) | ||||||||||
| Accounts payable and accrued liabilities | 152.2 | 60.2 | 266.7 | 34.5 | ||||||||||
| Income taxes payable and refundable income taxes | (15.7) | (28.9) | (24.0) | (41.5) | ||||||||||
| Other | (5.3) | (2.9) | 12.2 | 9.0 | ||||||||||
| Net cash provided by operating activities | 266.8 | 249.5 | 606.0 | 503.4 | ||||||||||
| Investing activities: | ||||||||||||||
| Acquisition of property, plant and equipment | (43.2) | (66.7) | (124.0) | (241.2) | ||||||||||
Proceeds from government incentives | — | 8.2 | 5.4 | 8.2 | ||||||||||
| Other | (6.1) | (1.2) | (5.3) | (1.5) | ||||||||||
| Net cash used in investing activities | (49.3) | (59.7) | (123.9) | (234.5) | ||||||||||
| Financing activities: | ||||||||||||||
| Proceeds from debt | — | 25.0 | 65.0 | 532.0 | ||||||||||
| Payments of debt | (200.0) | (175.0) | (515.0) | (682.0) | ||||||||||
| Payments for debt issuance costs | — | — | (2.0) | — | ||||||||||
| Payments for dividends | (15.4) | (15.1) | (46.2) | (45.7) | ||||||||||
| Issuance of common stock | 1.1 | 2.1 | 33.6 | 3.6 | ||||||||||
| Taxes paid related to net share settlement of equity awards | (2.0) | (0.5) | (20.8) | (10.6) | ||||||||||
| Other | (0.4) | (0.4) | (1.4) | (1.4) | ||||||||||
| Net cash used in financing activities | (216.7) | (163.9) | (486.8) | (204.1) | ||||||||||
| Effect of exchange rate changes on cash and cash equivalents | 2.1 | (2.9) | 0.8 | 5.8 | ||||||||||
| Increase (decrease) in cash and cash equivalents | 2.9 | 23.0 | (3.9) | 70.6 | ||||||||||
| Cash and cash equivalents at beginning of period | 353.6 | 376.8 | 360.4 | 329.2 | ||||||||||
| Cash and cash equivalents at end of period | $356.5 | $399.8 | $356.5 | $399.8 | ||||||||||
Entegris, Inc. - page 7 of 13
Entegris, Inc. and Subsidiaries
Segment Information
(In millions)
(Unaudited)
| Three months ended | Nine months ended | ||||||||||||||||
| Net sales | Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | Sep 26, 2026 | Sep 27, 2025 | ||||||||||||
| Materials Solutions | $404.1 | $348.6 | $371.3 | $1,126.5 | $1,044.9 | ||||||||||||
| Advanced Purity Solutions | 604.9 | 460.8 | 514.6 | 1,583.1 | 1,334.6 | ||||||||||||
| Inter-segment elimination | (3.3) | (2.3) | (2.7) | (8.8) | (6.8) | ||||||||||||
| Total net sales | $1,005.7 | $807.1 | $883.2 | $2,700.8 | $2,372.7 | ||||||||||||
| Three months ended | Nine months ended | ||||||||||||||||
| Segment profit | Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | Sep 26, 2026 | Sep 27, 2025 | ||||||||||||
| Materials Solutions | $84.3 | $65.2 | $77.7 | $237.9 | $212.7 | ||||||||||||
| Advanced Purity Solutions | 212.7 | 118.2 | 150.9 | 497.2 | 322.2 | ||||||||||||
| Total segment profit | 297.0 | 183.4 | 228.6 | 735.1 | 534.9 | ||||||||||||
| Amortization of intangibles | (45.6) | (46.0) | (46.1) | (138.0) | (138.1) | ||||||||||||
| Unallocated expenses | (20.8) | (14.8) | (17.9) | (60.3) | (45.8) | ||||||||||||
| Total operating income | $230.6 | $122.6 | $164.6 | $536.8 | $351.0 | ||||||||||||
Entegris, Inc. - page 8 of 13
Entegris, Inc. and Subsidiaries
Reconciliation of GAAP Gross Profit to Adjusted Gross Profit
(In millions)
(Unaudited)
| Three months ended | Nine months ended | ||||||||||||||||
| Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | Sep 26, 2026 | Sep 27, 2025 | |||||||||||||
| Net sales | $1,005.7 | $807.1 | $883.2 | $2,700.8 | $2,372.7 | ||||||||||||
| Gross profit-GAAP | $500.2 | $351.3 | $420.0 | $1,301.0 | $1,059.3 | ||||||||||||
| Adjustments to gross profit: | |||||||||||||||||
IEEPA Tariff refunds (1) | (8.3) | — | — | (8.3) | — | ||||||||||||
Restructuring costs (2) | 0.2 | 0.3 | 0.2 | 0.7 | 2.6 | ||||||||||||
| Adjusted gross profit | $492.1 | $351.6 | $420.2 | $1,293.4 | $1,061.9 | ||||||||||||
| Gross margin - as a % of net sales | 49.7 | % | 43.5 | % | 47.6 | % | 48.2 | % | 44.6 | % | |||||||
| Adjusted gross margin - as a % of net sales | 48.9 | % | 43.6 | % | 47.6 | % | 47.9 | % | 44.8 | % | |||||||
(1) In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the IEEPA tariff refunds from non-GAAP results because they represent a discrete, non-recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance.
(2) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer-facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business.
Entegris, Inc. - page 9 of 13
Entegris, Inc. and Subsidiaries
Reconciliation of GAAP Segment Profit to Adjusted Operating Income
(In millions)
(Unaudited)
| Three months ended | Nine months ended | ||||||||||||||||
| Adjusted segment profit | Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | Sep 26, 2026 | Sep 27, 2025 | ||||||||||||
| MS segment profit | $84.3 | $65.2 | $77.7 | $237.9 | $212.7 | ||||||||||||
IEEPA tariff refunds (1) | (2.1) | — | — | (2.1) | — | ||||||||||||
Restructuring costs (2) | 0.1 | 0.7 | — | 1.3 | 3.8 | ||||||||||||
| MS adjusted segment profit | $82.3 | $65.9 | $77.7 | $237.1 | $216.5 | ||||||||||||
| APS segment profit | $212.7 | $118.2 | $150.9 | $497.2 | $322.2 | ||||||||||||
IEEPA tariff refunds (1) | (6.2) | — | — | (6.2) | — | ||||||||||||
Restructuring costs (2) | 1.7 | 1.0 | 4.9 | 8.1 | 13.2 | ||||||||||||
| APS adjusted segment profit | $208.2 | $119.2 | $155.8 | $499.1 | $335.4 | ||||||||||||
| Unallocated general and administrative expenses | $20.8 | $14.8 | $17.9 | $60.3 | $45.8 | ||||||||||||
Less: unallocated restructuring costs (2) | 0.3 | — | (0.7) | (1.8) | (0.4) | ||||||||||||
| Adjusted unallocated general and administrative expenses | $21.1 | $14.8 | $17.2 | $58.5 | $45.4 | ||||||||||||
| Total adjusted segment profit | $290.5 | $185.1 | $233.5 | $736.2 | $551.9 | ||||||||||||
| Less: adjusted unallocated general and administrative expenses | (21.1) | (14.8) | (17.2) | (58.5) | (45.4) | ||||||||||||
| Total adjusted operating income | $269.4 | $170.3 | $216.3 | $677.7 | $506.5 | ||||||||||||
(1) In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the IEEPA tariff refunds from non-GAAP results because they represent a discrete, non-recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance.
(2) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer-facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business.
Entegris, Inc. - page 10 of 13
Entegris, Inc. and Subsidiaries
Reconciliation of GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA
(In millions)
(Unaudited)
| Three months ended | Nine months ended | ||||||||||||||||
| Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | Sep 26, 2026 | Sep 27, 2025 | |||||||||||||
| Net sales | $1,005.7 | $807.1 | $883.2 | $2,700.8 | $2,372.7 | ||||||||||||
| Net income | $157.8 | $70.5 | $93.6 | $343.4 | $186.2 | ||||||||||||
| Net income - as a % of net sales | 15.7 | % | 8.7 | % | 10.6 | % | 12.7 | % | 7.8 | % | |||||||
| Adjustments to net income: | |||||||||||||||||
| Equity in net loss of affiliates | — | 0.3 | — | 0.2 | 0.8 | ||||||||||||
| Income tax expense | 28.7 | 1.5 | 16.5 | 46.2 | 12.5 | ||||||||||||
| Interest expense, net | 43.9 | 46.1 | 46.7 | 137.6 | 146.2 | ||||||||||||
| Other expense, net | 0.2 | 4.2 | 7.8 | 9.4 | 5.3 | ||||||||||||
| GAAP - Operating income | 230.6 | 122.6 | 164.6 | 536.8 | 351.0 | ||||||||||||
| Operating margin - as a % of net sales | 22.9 | % | 15.2 | % | 18.6 | % | 19.9 | % | 14.8 | % | |||||||
IEEPA tariff refunds (1) | (8.3) | — | — | (8.3) | — | ||||||||||||
Restructuring costs (2) | 1.5 | 1.7 | 5.6 | 11.2 | 17.4 | ||||||||||||
Amortization of intangible assets (3) | 45.6 | 46.0 | 46.1 | 138.0 | 138.1 | ||||||||||||
| Adjusted operating income | 269.4 | 170.3 | 216.3 | 677.7 | 506.5 | ||||||||||||
| Adjusted operating margin - as a % of net sales | 26.8 | % | 21.1 | % | 24.5 | % | 25.1 | % | 21.3 | % | |||||||
| Depreciation | 33.9 | 50.4 | 34.4 | 102.4 | 151.6 | ||||||||||||
| Adjusted EBITDA | $303.3 | $220.7 | $250.7 | $780.1 | $658.1 | ||||||||||||
| Adjusted EBITDA - as a % of net sales | 30.2 | % | 27.3 | % | 28.4 | % | 28.9 | % | 27.7 | % | |||||||
(1) In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the IEEPA tariff refunds from non-GAAP results because they represent a discrete, non-recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance.
(2) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer-facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business.
(3) Non-cash amortization expense associated with intangibles acquired in acquisitions.
Entegris, Inc. - page 11 of 13
Entegris, Inc. and Subsidiaries
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)
(Unaudited)
| Three months ended | Nine months ended | ||||||||||||||||
| Sep 26, 2026 | Sep 27, 2025 | Jun 27, 2026 | Sep 26, 2026 | Sep 27, 2025 | |||||||||||||
| GAAP net income | $157.8 | $70.5 | $93.6 | $343.4 | $186.2 | ||||||||||||
| Adjustments to net income: | |||||||||||||||||
IEEPA tariff refunds (1) | (8.3) | — | — | (8.3) | — | ||||||||||||
Restructuring costs (2) | 1.5 | 1.7 | 5.6 | 11.2 | 17.4 | ||||||||||||
Equity investment impairment (3) | — | — | 6.7 | 6.7 | — | ||||||||||||
Loss on extinguishment of debt (4) | 1.7 | 1.7 | 1.7 | 3.9 | 1.7 | ||||||||||||
Amortization of intangible assets (5) | 45.6 | 46.0 | 46.1 | 138.0 | 138.1 | ||||||||||||
Tax effect of adjustments to net income and discrete tax items (6) | (8.6) | (10.0) | (11.0) | (30.0) | (31.4) | ||||||||||||
| Non-GAAP net income | $189.7 | $109.9 | $142.7 | $464.9 | $312.0 | ||||||||||||
| Diluted earnings per common share | $1.03 | $0.46 | $0.61 | $2.24 | $1.22 | ||||||||||||
| Effect of adjustments to net income | $0.21 | $0.26 | $0.32 | $0.79 | $0.83 | ||||||||||||
Diluted non-GAAP earnings per common share (7) | $1.23 | $0.72 | $0.93 | $3.03 | $2.05 | ||||||||||||
| Diluted weighted averages shares outstanding | 153.9 | 152.3 | 153.6 | 153.6 | 152.1 | ||||||||||||
(1) In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the IEEPA tariff refunds from non-GAAP results because they represent a discrete, non-recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance.
(2) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer-facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business.
(3) Equity investment impairment loss in 2026 that reduced our carrying basis to zero.
(4) Loss on extinguishment of debt of our Term Loan Facility in 2026.
(5) Non-cash amortization expense associated with intangibles acquired in acquisitions.
(6) The tax effect of pre-tax adjustments to net income was calculated using the applicable marginal tax rate for each respective year.
(7) As a result of displaying amounts in millions, the per-share components may not sum due to rounding.
Entegris, Inc. - page 12 of 13
Entegris, Inc. and Subsidiaries
Reconciliation of GAAP Outlook to Non-GAAP Outlook *
(In millions, except per share data)
(Unaudited)
Fourth Quarter Outlook | |||||
| Reconciliation GAAP Operating Margin to non-GAAP Operating Margin and Adjusted EBITDA Margin | December 31, 2026 | ||||
| Net sales | $1,025 - $1,055 | ||||
| GAAP - Operating income | $235 - $250 | ||||
| Operating margin - as a % of net sales | 23.0% - 23.7% | ||||
| Amortization of intangible assets | 45 | ||||
| Adjusted operating income | $281 - $295 | ||||
| Adjusted operating margin - as a % of net sales | 27.4% - 27.9% | ||||
| Depreciation | 34 | ||||
| Adjusted EBITDA | $315- $329 | ||||
| Adjusted EBITDA - as a % of net sales | 30.7% - 31.2% | ||||
| Fourth Quarter Outlook | |||||
| Reconciliation GAAP net income to non-GAAP net income | December 31, 2026 | ||||
| GAAP net income | $168 - $181 | ||||
| Adjustments to net income: | |||||
| Amortization of intangible assets | 45 | ||||
| Income tax effect | (11) | ||||
| Non-GAAP net income | $203- $215 | ||||
| Fourth Quarter Outlook | |||||
| Reconciliation GAAP diluted earnings per share to non-GAAP diluted earnings per share | December 31, 2026 | ||||
| Diluted earnings per common share | $1.09 - $1.17 | ||||
| Adjustments to earnings per share: | |||||
| Amortization of intangible assets | 0.29 | ||||
| Income tax effect | (0.06) | ||||
| Diluted non-GAAP earnings per common share | $1.32 - $1.40 | ||||
| *As a result of displaying amounts in millions, rounding differences may exist in the tables. | |||||
### END ###
Entegris, Inc. - page 13 of 13
ENTEGRIS PROPRIETARY AND CONFIDENTIAL – INTERNAL Third Quarter 2026 October 29, 2026 Entegris Earnings Summary EXHIBIT 99.2
2 Safe Harbor ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 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 identify such forward-looking statements. These forward-looking statements are based on current management expectations and assumptions only as of the date of this presentation. They are not guarantees of future performance and they involve substantial risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to, fluctuations in demand for semiconductors and volume of semiconductor manufacturing; global economic uncertainty, including volatile financial markets, inflation and increased costs, trade wars, fluctuations in interest rates, economic recessions, and national debt and bank failures; supply chain risks, including partial reliance on sole, single or limited source suppliers; challenges inherent in operating a global business, including managing complex political, legal, regulatory, and operational environments across the jurisdictions in which the Company operates; the impact of export controls, economic sanctions and other similar restrictions; customer concentration; the need for continuing innovation and introduction of new products; manufacturing interruptions or delays and other operational disruptions; information technology system failures, network disruptions, data breaches, and other cybersecurity threats; the impact of tariffs and a volatile trade environment; the use of hazardous materials in the Company’s operations; goodwill impairment; loss of key employees; the Company’s ability to obtain, protect, and enforce intellectual property rights; the Company’s use, and its competitors’ use, of AI; environmental, social, and governance commitments; the impact of being subject to numerous rapidly evolving environmental laws and regulations across many jurisdictions; risks related to the regulatory environment, including compliance costs and being subject to potentially inconsistent or conflicting regulations; changes in taxation or adverse tax rulings; the impact of government incentives, including added operational complexity and competition; the impact of the Company’s indebtedness, including its ability to obtain future financing; risks related to the Company’s ability to generate sufficient cash to service its indebtedness; restrictions on the Company’s operations as a result of the terms of the Amended Credit Agreement and the Indentures; the volatility of the price of the Company’s common stock; changes in capital allocation strategy; provisions in the Company’s charter documents and Delaware law may delay or prevent the Company from being acquired; significant competition; the Company’s ability to successfully acquire or integrate other businesses, form joint ventures, or divest businesses; the impact of climate change, including changes in market dynamics and stakeholder expectations, and unexpected operational disruptions; and the other factors and additional information described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 11, 2026, including under the heading “Risk Factors” in Part I, Item 1A, and in the Company’s other periodic filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company undertakes no obligation to update any forward-looking statements or information contained herein, which speak as of their respective dates. This presentation contains references to "Adjusted Net Sales ", “Adjusted EBITDA,” “Adjusted EBITDA – as a % of Net Sales,” “Adjusted Operating Income,” “Adjusted Operating Margin,” “Adjusted Gross Profit,” “Adjusted Gross Margin – as a % of Net Sales,” “Adjusted Segment Profit,” “Adjusted Segment Profit Margin,” “Non-GAAP Operating Expenses,” “Non-GAAP Tax Rate,” “Non-GAAP Net Income,” “Diluted Non-GAAP Earnings per Common Share,” “Free Cash Flow,” and other measures that are not presented in accordance with GAAP. The non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures but should instead be read in conjunction with the GAAP financial measures. Further information with respect to and reconciliations of such measures to the most directly comparable GAAP measure can be found attached to this presentation.
3 Summary – Consolidated Statement of Operations GAAP ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY $ 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% 5.6% Operating Income $230.6 $122.6 $164.6 88.1% 40.1% Operating Margin 22.9% 15.2% 18.6% Tax Rate 15.4% 2.1% 15.0% Net Income $157.8 $70.5 $93.6 123.8% 68.6% Diluted Earnings Per Common Share $1.03 $0.46 $0.61 123.9% 68.9%
4 Summary – Consolidated Statement of Operations Non-GAAP1 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY $ 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 Operating Expenses1 $222.7 $181.3 $203.9 22.8% 9.2% Adjusted Operating Income1 $269.4 $170.3 $216.3 58.2% 24.5% Adjusted Operating Margin1 26.8% 21.1% 24.5% Non-GAAP Tax Rate2 16.4% 9.4% 16.2% Non-GAAP Net Income1 $189.7 $109.9 $142.7 72.6% 32.9% Diluted Non-GAAP Earnings Per Common Share1 $1.23 $0.72 $0.93 70.8% 32.3% Adjusted EBITDA $303.3 $220.7 $250.7 37.4% 21.0% Adjusted EBITDA – as a % of Net Sales 30.2% 27.3% 28.4% 1.See GAAP to non-GAAP reconciliation tables in the appendix of this presentation. 2.Reflects the tax effect of non-GAAP adjustments and discrete tax items to GAAP taxes.
5 $ 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 $82.3 $65.9 $77.7 24.9% 5.9% Adj. Segment Profit Margin1 20.4% 18.9% 20.9% Materials Solutions (MS) ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1.See GAAP to non-GAAP reconciliation tables in the appendix of this presentation. Advanced Purity Solutions (APS) $ in millions 3Q26 3Q25 2Q26 3Q26 over 3Q25 3Q26 over 2Q26 Net Sales $604.9 $460.8 $514.6 31.3% 17.5% Segment Profit $212.7 $118.2 $150.9 79.9% 41.0% Segment Profit Margin 35.2% 25.7% 29.3% Adj. Segment Profit1 $208.2 $119.2 $155.8 74.7% 33.6% Adj. Segment Profit Margin1 34.4% 25.9% 30.3% 3Q26 Segment Highlights
6 Summary – Balance Sheet Items ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY $ 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% 646.8 7.7% 703.9 8.4% Net PP&E 1,621.8 19.0% 1,654.5 19.7% 1,624.5 19.3% Total Assets $8,540.6 $8,401.8 $8,418.5 Accounts Payable 262.4 3.1% 146.5 1.7% 242.8 2.9% Other Current Liabilities 459.7 5.4% 346.2 4.1% 342.6 4.1% Long-Term Debt 3,260.6 38.2% 3,842.8 45.7% 3,456.0 41.1% Total Liabilities $4,207.7 49.3% $4,511.0 53.7% $4,262.3 50.6% Total Shareholders’ Equity $4,332.9 50.7% $3,890.8 46.3% $4,156.2 49.4%
7 Summary – Cash Flows ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY $ 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 activities (6.1) (1.2) (0.3) Net payments on debt (200.0) (150.0) (200.0) Payments for dividends (15.4) (15.1) (15.4) Other financing activities (1.3) 1.2 6.9 Effect of exchange rates 2.1 (2.9) (0.6) Ending Cash Balance $356.5 $399.8 $353.6 Free Cash Flow1 $223.6 $191.0 $120.3 1. Equals cash provided by operating activities less capital expenditures, net of proceeds from government incentives.
8 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1.See GAAP to non-GAAP reconciliation tables in the appendix of this presentation. GAAP $ in millions, except share data 4Q26 Guidance 3Q26 Actual 2Q26 Actual Net Sales $1,025 - $1,055 $1,005.7 $883.2 Non-GAAP Operating Expenses1 $224 - $230 $222.7 $203.9 Non-GAAP Net Income1 $203- $215 $189.7 $142.7 Diluted non-GAAP Earnings per Common Share1 $1.32 - $1.40 $1.23 $0.93 Adjusted EBITDA Margin1 30.7% - 31.2% 30.2% 28.4% Non-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 $1.03 $0.61 Operating Margin 23.0% - 23.7% 22.9% 18.6% Outlook
9 Appendix
10 Consolidated Summary Financials Non-GAAP1 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY $ 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 Operating Expenses $185.9 $188.2 $181.3 $187.9 $743.3 $189.1 $203.9 $222.7 Adjusted Operating Income $170.8 $165.4 $170.3 $174.4 $680.9 $192.0 $216.3 $269.4 Adjusted Operating Margin 22.1% 20.9% 21.1% 21.2% 21.3% 23.6% 24.5% 26.8% Adjusted EBITDA $220.7 $216.7 $220.7 $228.1 $886.2 $226.1 $250.7 $303.3 Adjusted EBITDA % 28.5% 27.3% 27.3% 27.7% 27.7% 27.8% 28.4% 30.2% 1.See GAAP to non-GAAP reconciliation tables in the appendix of this presentation.
11 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY Segment Financials Non-GAAP1 Adjusted Segment Profit: MS $75.1 $75.5 $65.9 $75.7 $292.2 $77.1 $77.7 $82.3 APS 110.4 105.8 119.2 115.0 450.4 135.1 155.8 208.2 Adjusted Segment Profit Margin: MS 22.0% 21.3% 18.9% 20.9% 20.8% 22.0% 20.9% 20.4% APS 25.4% 24.1% 25.9% 24.8% 25.0% 29.1% 30.3% 34.4% $ 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) (2.4) (9.2) (2.8) (2.7) (3.3) Total Sales $773.2 $792.4 $807.1 $823.9 $3,196.6 $811.9 $883.2 $1,005.7 1.See GAAP to non-GAAP reconciliation tables in the appendix of this presentation.
12 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1. In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the refunds from non-GAAP results because they represent a discrete, non- recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance.2. Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit, contract termination costs and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization, (ii) workforce reductions, contract termination costs and the abandonment of certain capital equipment no longer necessary for the Company’s long-term objectives and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business. $ 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 $500.2 Adjustments to gross profit: IEEPA Tariff refunds1 — — — — — — — (8.3) Restructuring costs2 0.2 2.1 0.3 1.7 4.3 0.3 0.2 0.2 Adjusted Gross Profit $356.7 $353.6 $351.6 $362.3 $1,424.2 $381.1 $420.2 $492.1 Gross margin - as a % of net sales 46.1% 44.4% 43.5% 43.8% 44.4% 46.9% 47.6% 49.7% Adjusted gross margin - as a % of net sales 46.1% 44.6% 43.6% 44.0% 44.6% 46.9% 47.6% 48.9% Reconciliation of Gross Profit to Adjusted Gross Profit
13 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1. Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit, contract termination costs and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business. 2.Non-recurring net loss from the sale of a small, industrial specialty chemicals business. 3. Non-cash amortization expense associated with intangibles acquired in acquisitions. 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 1.4 10.6 25.4 3.8 5.4 1.3 Loss from sale of business2 — — — 10.9 10.9 — — — Amortization of intangible assets3 46.1 46.0 46.0 46.3 184.4 46.3 46.1 45.6 Non-GAAP operating expenses $185.9 $188.2 $181.3 $187.9 $743.3 $189.1 $203.9 $222.7
14 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1. In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the refunds from non-GAAP results because they represent a discrete, non-recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance. 2. Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit, contract termination costs and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization, (ii) workforce reductions, contract termination costs and the abandonment of certain capital equipment no longer necessary for the Company’s long-term objectives and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business. $ 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 costs2 0.1 3.0 0.7 0.9 4.7 1.2 — 0.1 Loss from the sale of business — — — 10.9 10.9 — — — MS adjusted segment profit $75.1 $75.5 $65.9 $75.7 $292.2 $77.1 $77.7 $82.3 $ in millions 1Q25 2Q25 3Q25 4Q25 FY2025 1Q26 2Q26 3Q26 APS segment profit $108.1 $95.9 $118.2 $104.2 $426.4 $133.6 $150.9 $212.7 IEEPA Tariff refunds1 — — — — — — — (6.2) Restructuring costs2 2.3 9.9 1.0 10.8 24.0 1.5 4.9 1.7 APS adjusted segment profit $110.4 $105.8 $119.2 $115.0 $450.4 $135.1 $155.8 $208.2 Reconciliation of MS Segment Profit to Adjusted MS Segment Profit Non-GAAP Reconciliation of APS Segment Profit to Adjusted APS Segment Profit Non-GAAP
15 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1.In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the refunds from non-GAAP results because they represent a discrete, non-recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance. 2.Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit, contract termination costs and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business. 3.Non-recurring net loss from the sale of a small, industrial specialty chemicals business. 4. Non-cash amortization expense associated with intangibles acquired in acquisitions. 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 93.6 157.8 Net income - as a % of net sales 8.1% 6.7% 8.7% 6.0% 7.4% 11.3% 10.6% 15.7% Adjustments to net income: Income tax expense 8.2 2.8 1.5 5.5 18.0 1.0 16.5 28.7 Interest expense, net 49.6 50.5 46.1 45.7 191.9 47.0 46.7 43.9 Other expense (income), net 1.3 (0.2) 4.2 4.1 9.4 1.4 7.8 0.2 Equity in net loss of affiliates 0.3 0.2 0.3 0.2 1.0 0.2 0.0 0.0 GAAP - Operating income $122.3 $106.1 $122.6 $104.9 $455.9 $141.6 $164.6 $230.6 Operating margin - as a % of net sales 15.8% 13.4% 15.2% 12.7% 14.3% 17.4% 18.6% 22.9% Restructuring costs2 2.4 13.3 1.7 12.3 29.7 4.1 5.6 1.5 Loss from sale of business3 — — — 10.9 10.9 — — — Amortization of intangible assets4 46.1 46.0 46.0 46.3 184.4 46.3 46.1 45.6 Adjusted operating income $170.8 $165.4 $170.3 $174.4 $680.9 $192.0 $216.3 $269.4 Adjusted operating margin - as a % of net sales 22.1% 20.9% 21.1% 21.2% 21.3% 23.6% 24.5% 26.8% Depreciation 49.9 51.3 50.4 53.7 205.3 34.1 34.4 33.9 Adjusted EBITDA $220.7 $216.7 $220.7 $228.1 $886.2 $226.1 $250.7 $303.3 Adjusted EBITDA - as a % of net sales 28.5% 27.3% 27.3% 27.7% 27.7% 27.8% 28.4% 30.2%
16 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY 1 In the three months ended September 26, 2026, the Company received $8.3 million of refunds of International Emergency Economic Powers Act (IEEPA) tariffs that were recognized in cost of goods sold as incurred from April 2025 through February 2026 and were not excluded from the Company's non-GAAP results in those periods. The Company excluded the refunds from non-GAAP results because they represent a discrete, non- recurring, out-of-period recovery arising from a legal and regulatory development rather than ongoing operating performance. 2. Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit, contract termination costs and asset impairment charges, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization, (ii) workforce reductions and (iii) the planned wind-down of the Company’s Life Sciences Fluid Management business. 3. Equity investment impairment in 2026 that reduced our carrying basis to zero. 4.Non-recurring net loss from the sale of a small, industrial specialty chemicals business. 5.Non-cash amortization expense associated with intangibles acquired in acquisitions. 6. Loss on extinguishment of debt of our Term Loan Facility in 2025 and 2026. 7. The tax effect of pre-tax adjustments to net income was calculated using the applicable marginal tax rate for each respective year. 8 .As a result of displaying amounts in millions, the per-share components may not sum due to rounding. 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 $49.4 $235.6 $92.0 $93.6 $157.8 IEEPA Tariff refunds1 — — — — — — — (8.3) Restructuring costs2 2.4 13.3 1.7 12.3 29.7 4.1 5.6 1.5 Equity investment impairment3 — — — — — — 6.7 — Loss from the sale of business4 — — — 10.9 10.9 — — — Amortization of intangible assets5 46.1 46.0 46.0 46.3 184.4 46.3 46.1 45.6 Loss on extinguishment of debt6 — — 1.7 1.5 3.2 0.5 1.7 1.7 Tax effect of adjustments to net income and discrete items7 (9.9) (11.5) (10.0) (13.9) (45.3) (10.4) (11.0) (8.6) Non-GAAP net income $101.5 $100.6 $109.9 $106.5 $418.5 $132.5 $142.7 $189.7 Diluted earnings per common share $0.41 $0.35 $0.46 $0.32 $1.55 $0.60 $0.61 $1.03 Effect of adjustments to net income $0.25 $0.31 $0.26 $0.37 $1.20 $0.26 $0.32 $0.21 Diluted non-GAAP earnings per common share8 $0.67 $0.66 $0.72 $0.70 $2.75 $0.86 $0.93 $1.23 Diluted weighted average shares outstanding 152.0 151.9 152.3 152.5 152.2 153.2 153.6 153.9
17 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY *As a result of displaying amounts in millions, rounding differences may exist in the tables. 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 of intangible assets 45 Non-GAAP operating expenses $224 - $230 $ in millions Fourth Quarter Outlook Reconciliation GAAP net income to non-GAAP net income: December 31, 2026 GAAP net income $168 - $181 Adjustments to net income: Amortization of intangible assets 45.3 Income tax effect (11) Non-GAAP net income $203- $215 Fourth Quarter Outlook Reconciliation GAAP diluted earnings per share to non-GAAP diluted earnings per share: December 31, 2026 Diluted earnings per common share $1.09 - $1.17 Adjustments to diluted earnings per common share: Amortization of intangible assets 0.29 Income tax effect (0.06) Diluted non-GAAP earnings per common share $1.32 - $1.40
18 ENTEGRIS THIRD QUARTER 2026 EARNINGS SUMMARY *As a result of displaying amounts in millions, rounding differences may exist in the tables. 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 $235 - $250 Operating margin - as a % of net sales 23.0% - 23.7% Restructuring costs — Amortization of intangible assets 45 Adjusted operating income $281 - $295 Adjusted operating margin - as a % of net sales 27.4% - 27.9% Depreciation 34 Adjusted EBITDA $315- $329 Adjusted EBITDA - as a % of net sales 30.7% - 31.2%