Entegris Q2 sales beat on increased semiconductor demand

Entegris

04/08/2026 12:21

Overview
Semiconductor materials supplier's Q2 net sales rose, beating analyst expectations
Non-GAAP diluted EPS for Q2 was $0.93
Company cites improved semiconductor demand and capital investments for double-digit growth

Outlook
Entegris expects Q3 net sales of $905 mln to $935 mln
Company sees Q3 GAAP diluted EPS of $0.75 to $0.83
Entegris expects Q3 non-GAAP diluted EPS of $0.96 to $1.04

Result Drivers
SEMICONDUCTOR DEMAND - Co said improving semiconductor demand drove double-digit growth across unit and capex-related businesses
CUSTOMER CAPITAL INVESTMENTS - Accelerating customer capital investments contributed to sales growth, per CEO Dave Reeder
OPERATIONAL INITIATIVES - Co said operational initiatives enhanced profitability and cash generation

Company press release: ID:nBw3s2CK5a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$883.20 mln
$835.18 mln (10 Analysts)
Q2 EPS
 
$0.61
 
Q2 Gross Profit
 
$420 mln
 
Q2 Operating Income
 
$164.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"
Wall Street's median 12-month price target for Entegris Inc is $165.00, about 31.8% above its August 3 closing price of $125.20
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 37 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)