Brief: MKS Instruments Q2 Revenue USD 973 Million Vs. IBES Estimate USD 930.7 Million

MKS INCORPORATED

06/08/2025 21:30

Overview

MKS Q2 revenue of $973 mln beats analyst expectations, per LSEG data

Adjusted EBITDA of $240 mln exceeds high end of co's guidance

Co attributes growth to demand in Semiconductor and Electronics & Packaging markets

Outlook

Company forecasts Q3 revenue of $960 mln, plus or minus $40 mln

MKS sees Q3 GAAP net income of $67 mln, plus or minus $21 mln

Company expects Q3 gross margin of 46.5%, plus or minus 1.0%

MKS anticipates Q3 adjusted EBITDA of $232 mln, plus or minus $24 mln

Company to monitor U.S. import tariffs and retaliatory actions

Result Drivers

SEMICONDUCTOR DEMAND - Strong year-over-year growth in Semiconductor market drove revenue above guidance, per CEO John T.C. Lee

ELECTRONICS & PACKAGING - Increased demand for products addressing advanced packaging and AI applications boosted results

TRADE POLICY AGILITY - Co exercised agility to mitigate trade policy instability, contributing to strong cash flows for debt prepayment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$973 mln
$930.70 mln (12 Analysts)
Q2 Net Income
$62 mln
Q2 Pretax Profit
$72 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for MKS Inc is $119.11, about 22.7% above its August 5 closing price of $92.02

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX42W2YN

(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.)