Entegris Q1 sales rise 5%, slightly beat estimates

Entegris

30/04/2026 12:19

Overview

Semiconductor materials supplier's Q1 net sales grew 5% yr/yr, slightly beating analyst expectations

Non-GAAP diluted EPS for Q1 was $0.86; GAAP diluted EPS was $0.60

Company cites growth in advanced manufacturing volumes as main driver for sales increase

Outlook

Entegris expects Q2 net sales of $815 mln to $845 mln

Company sees Q2 GAAP diluted EPS between $0.53 and $0.61; non-GAAP EPS $0.76-$0.84

Entegris says semiconductor market improving, driven by accelerating AI-related demand

Result Drivers

ADVANCED MANUFACTURING VOLUMES - Co said Q1 revenue growth was primarily driven by higher unit-driven volumes in advanced semiconductor manufacturing processes

AI-RELATED DEMAND - Management said semiconductor market improvement and order momentum reflected accelerating AI-related demand

PRODUCT PORTFOLIO POSITIONING - Co said its differentiated product portfolio is well positioned to capture incremental content from industry node migrations and manufacturing capacity expansions

Company press release: ID:nBw6m2bqja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$811.90 mln
$808.72 mln (9 Analysts)
Q1 EPS
$0.60
Q1 Gross Profit
$380.80 mln
Q1 Operating Income
$141.60 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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 $150.00, about 0.4% above its April 29 closing price of $149.37

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 26 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.)