ENTEGRIS INC SEC Filings

Entegris reported stronger results for the quarter ended March 28, 2026, with higher sales, margins and earnings. Net sales rose to $811.9 million, up 5% from $773.2 million a year earlier, led by growth in both Materials Solutions and Advanced Purity Solutions.

Gross margin improved to 46.9%, helped by higher factory utilization and a change in useful lives for certain equipment that reduced depreciation. Net income increased to $92.0 million, or $0.60 per diluted share, compared with $62.9 million, or $0.41, helped by lower depreciation and a sharply lower effective tax rate of 1.1%.

Operating cash flow was strong at $183.0 million, enabling Entegris to fund $41.5 million of capital spending, pay $15.4 million in dividends, and repay $50.0 million of term debt. The company ended the quarter with $442.7 million of cash and $3.65 billion of long-term debt, and later extended and upsized its revolving credit facility.

Entegris, Inc. appointed Sukhi Nagesh as Senior Vice President and Chief Financial Officer, effective May 18, 2026. He succeeds Michael Sauer, who has served as Interim CFO since March 1, 2026 and will continue as Vice President, Chief Accounting Officer. The company states Sauer’s transition is not due to any disagreement over operations, policies, or practices.

Nagesh brings nearly 30 years of finance, strategy, and semiconductor industry experience, including leadership roles at Nielsen, GlobalFoundries, and Marvell Technology. Under an offer letter dated April 29, 2026, he will receive a $590,000 annual base salary, an annual target bonus opportunity equal to 70% of base salary (prorated for 2026), and a $200,000 sign‑on bonus subject to repayment if he resigns within 12 months. He will also receive an initial equity award with a target grant date value of $2,100,000, split evenly between time‑based restricted share units and performance share units on terms consistent with other executive officers, along with severance and change‑in‑control protections under standard company agreements.

Entegris reported solid first-quarter 2026 growth with improved profitability and cash flow. Net sales were $811.9 million, up 5.0% year-over-year. GAAP diluted EPS rose to $0.60 from $0.41, while diluted non-GAAP EPS increased to $0.86 from $0.67.

GAAP gross margin was 46.9%, up from 46.1% a year ago and 43.8% in the prior quarter. Adjusted EBITDA was $226.1 million, or 27.8% of net sales. Operating cash flow reached $183.0 million, helping raise cash to $442.7 million and reduce long-term debt to $3,651.2 million.

By segment, Materials Solutions delivered $351.1 million of sales and 22.0% adjusted segment margin, while Advanced Purity Solutions generated $463.6 million of sales and 29.1% adjusted segment margin. For the second quarter of 2026, Entegris guides net sales to $815 million–$845 million, GAAP diluted EPS to $0.53–$0.61, and diluted non-GAAP EPS to $0.76–$0.84, with expected adjusted EBITDA margin of 27.0%–28.0%.

Entegris Inc Schedule 13G: Vanguard Capital Management reports beneficial ownership of 7,949,353 shares of Common Stock, representing 5.22% of the class as of 03/31/2026. The filing shows sole voting power for 1,135,013 shares and sole dispositive power for 7,949,353 shares. The disclosure describes holdings exercised on behalf of Vanguard affiliates and funds; signature dated 04/29/2026.

Entegris, Inc. amended its main credit agreement by entering into a new five-year senior secured revolving credit facility totaling $750.0 million. This amended revolver matures on April 29, 2031, with an earlier “springing” maturity tied to certain other debt.

Borrowings under the facility carry tiered margins of 1.25%, 1.50% or 1.75% for Term Benchmark/RFR loans and 0.25%, 0.50% or 0.75% for base rate loans, plus commitment fees of 0.20%, 0.25% or 0.30% on unused amounts, all based on the first lien net leverage ratio. A maximum first lien net leverage covenant of 5.20 to 1.00 continues to apply in specified circumstances, and the facility remains guaranteed and secured by substantially all assets, with customary events of default.

Before the amendment took effect, Entegris prepaid a portion of its term loans, leaving $400.0 million in term loan principal outstanding under the amended agreement.

Entegris Inc ownership update: Vanguard Portfolio Management reports beneficial ownership of 7,774,250 shares of Common Stock, representing 5.10% of the class as of 03/31/2026. The filing states Vanguard Portfolio Management has sole dispositive power over 7,774,250 shares and sole voting power for 21,595 shares.

ENTEGRIS INC Executive Chair Bertrand Loy exercised stock options and sold the resulting shares in a pre-planned transaction. He exercised options covering 44,138 shares of Common Stock at $98.11 per share and sold 44,138 shares at a weighted average price of $144.41 per share.

The sale was made pursuant to a Rule 10b5-1 Trading Plan established on February 10, 2025, indicating the trades were pre-scheduled. Following these transactions, Loy directly holds 227,527 shares of Entegris Common Stock, and the exercised option grant is now fully used.

ENTG affiliate filed a Form 144 indicating proposed sales of Common stock and reports recent open-market dispositions by Bertrand Loy. The filing lists intended sales tied to options (granted 02/02/2021) for settlement on 04/17/2026 and shows three dispositions totaling listed share counts and proceeds.

Entegris Inc. Executive Chair Bertrand Loy exercised employee stock options for 17,396 shares of common stock at an exercise price of $98.11 per share, then sold the same 17,396 shares at a weighted average price of $140.22 per share. The sale was made under a pre-arranged Rule 10b5-1 Trading Plan established on February 10, 2025. Following these transactions, Loy directly holds 227,527 shares of common stock and 44,138 stock options.