Every 10-Q that MKS Inc. (MKSI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MKSI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MKSI filings page.
MKS Inc. reported significantly stronger results for the quarter ended June 30, 2026. Total net revenues were $1,248 million, up from $973 million a year earlier, producing net income of $175 million versus $62 million and diluted EPS of $2.41 versus $0.92. For the first six months, revenue reached $2,326 million and net income $258 million, up from $1,910 million and $114 million, respectively.
Revenue increased in all three end markets in Q2 2026: Semiconductor $554 million, Electronics and Packaging $381 million, and Specialty Industrial $313 million. Operating cash flow for the first half was $296 million. At June 30, 2026, total assets were $8,941 million, cash and cash equivalents $611 million, and total debt (Term Loan Facility, Convertible Notes and 2034 Notes) carried at $4,023 million, down from $4,278 million at December 31, 2025. The company issued €1,000 million of 4.250% senior notes due 2034 and used the proceeds, with cash on hand, to prepay $1,274 million of its USD Term Loan B, while its $1,400 million 1.25% Convertible Notes due 2030 became convertible and are classified as short-term debt. The Board continued a quarterly cash dividend of $0.25 per share.
MKS Inc. reported stronger results for the quarter ended March 31, 2026, with net revenues of $1,078 million, up from $936 million a year earlier, driven by semiconductor and electronics demand. Net income rose to $84 million, compared to $52 million, and diluted EPS increased to $1.18 from $0.77.
Semiconductor revenue reached $466 million, electronics and packaging $321 million, and specialty industrial $291 million. The company maintained total assets of $8.7 billion, while reducing long-term debt, net, to $2.65 billion from $4.15 billion through refinancing and issuance of new 2034 euro notes.
MKS generated $53 million of operating cash flow, down from $141 million a year earlier, reflecting higher working capital needs. It paid a quarterly cash dividend of $0.25 per share and ended the period with $569 million in cash and cash equivalents and 67.3 million shares outstanding.
MKS Inc. (MKSI) reported Q3 2025 results showing higher sales and improved profitability. Total revenue was $988 million (products $860 million; services $128 million), up from $896 million a year ago. Gross profit reached $461 million. Operating income was $138 million, and net income was $74 million, or $1.10 diluted EPS.
End-market mix was balanced: Semiconductor $415 million, Electronics and Packaging $289 million, and Specialty Industrial $284 million. Year to date, revenue totaled $2.898 billion with net income of $188 million. Operating cash flow was $503 million for the nine months, funding capex of $98 million and debt reduction. Cash and equivalents were $697 million. Long-term debt, net, declined to $4.253 billion from $4.488 billion, aided by multiple voluntary prepayments, while Q3 interest expense fell to $53 million from $64 million.
The company recorded $44 million related to the AMIC within other current assets, reducing depreciation over the life of qualifying assets. Stockholders’ equity increased to $2.600 billion, with accumulated other comprehensive loss improving to $(108) million.
Q2-25 highlights (MKSI 10-Q): Revenue climbed 9.7% YoY to $973 m as product sales grew 10% and service 7%. Net income surged to $62 m ($0.92 EPS) from $23 m, lifting 1H profit to $114 m. Gross margin slipped 60 bps to 46.6% on mix, but operating margin improved 40 bps to 13.9% on disciplined opex. End-market mix: Semiconductor +17%, Electronics & Packaging +16%, Specialty Industrial –5%.
Cash & balance sheet: Operating cash flow jumped 62% to $306 m, funding $47 m capex, $45 m buybacks and $30 m dividends. Cash ended at $674 m (-$40 m YTD). Debt fell $131 m to $4.36 b after two $100 m voluntary prepayments and January repricing; weighted-avg rate 5.9%. Interest expense dropped 30% to $55 m. Equity rose to $2.55 b, OCI loss narrowed to $84 m. Company remains covenant-compliant; no guidance provided.