MKS Instruments logo

MKS Instruments

MKSINASDAQStock Fundamentals

MKS Inc. is a global provider of foundational technology solutions that enable advanced semiconductor manufacturing, electronics packaging, and specialty industrial applications. The company leverages deep expertise in vacuum technologies, photonics, and specialty chemicals to address challenges in miniaturization and process complexity. Its core value proposition centers on improving process performance and optimizing productivity for leading technology and industrial companies.

Market Cap$20.0B
Revenue TTM$4.1B
Net Income TTM$327.0M
P/E Ratio61.08
Net Margin8.03%
EPS TTM$4.79
Free Cash Flow TTM$402.0M
Employees10.2K
CEOJohn T. C. Lee
CountryUnited States of America
Technology
Hardware, Equipment & Parts
SegmentsSemiconductors, Electronic Components, Specialty Chemicals, Industrial Machinery
Business ModelsHardware manufacturing, Specialty chemical production, Aftermarket services and repair
Most Recent EarningsMay 6, 2026 · 14 days agoQ1 2026
View report
Next EarningsAug 5, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin46.66%
Op. Margin13.88%
ROE12.66%
D/E193.74%
Current Ratio1.11
Total Debt$5.4B
Cash$569.0M
CapEx TTM$155.0M

Gross Profit

View metric

Net Income

View metric

Operating Cash Flow

View metric

Free Cash Flow

View metric

EPS (Diluted)

View metric

Business Segments

Vacuum Solutions Division (VSD)

primary

Provides foundational technology solutions derived from core competencies in vacuum technologies, including pressure and flow measurement, gas delivery, and power generation. These products are critical for etching, stripping, and deposition processes in semiconductor and industrial manufacturing.

Products

Pressure and Vacuum Control Solutions Products, Materials Delivery Solutions Products, Power Solutions Products, Plasma and Reactive Gas Products

Customers

Semiconductor capital equipment manufacturers, Semiconductor device manufacturers, Industrial manufacturers

Photonics Solutions Division (PSD)

major

Delivers a broad range of instruments, components, and subsystems based on lasers, photonics, optics, and precision motion control. This segment supports lithography, metrology, and inspection, as well as laser-based PCB manufacturing.

Products

Laser Products, Photonics Products, Laser-based systems for PCB manufacturing

Customers

PCB and package substrate manufacturers, Research and defense laboratories, Life and health sciences companies

Materials Solutions Division (MSD)

major

Develops process and manufacturing technologies for surface modification, plating, and finishing. This segment utilizes a systems-and-solutions approach combining specialty chemistry with production equipment for electronics and industrial markets.

Products

Advanced chemical processes, Electroless and electrolytic plating equipment, Surface finishing production equipment

Customers

Smartphone and consumer electronics manufacturers, Automotive manufacturers, Data center infrastructure providers

Segment Financials

Vacuum Solutions Division — Inventory Net

View metric

Vacuum Solutions Division — Revenue

View metric

Vacuum Solutions Division — Depreciation And Amortization

View metric

Photonics Solutions Division — Segment Expenditure Addition To Long Lived Assets

View metric

Photonics Solutions Division — Segment Gross Profit Loss

View metric

Photonics Solutions Division — Cost Of Goods And Service Excluding Depreciation Depletion And Amortization

View metric

Materials Solutions Division — Segment Expenditure Addition To Long Lived Assets

View metric

Materials Solutions Division — Depreciation And Amortization

View metric

Materials Solutions Division — Cost Of Goods And Service Excluding Depreciation Depletion And Amortization

View metric

Business Overview

Competitive Position

MKS is a leading critical subsystem provider in the wafer fabrication equipment ecosystem, addressing over 85% of the market through its Surround the Wafer strategy.

Geographies

United States, China, South Korea, Singapore, Taiwan, Japan, Europe

Customer Segments

Semiconductor OEMs, PCB manufacturers, Automotive OEMs, Aerospace and Defense, Healthcare and Life Sciences

Upstream Dependencies

Electronic component suppliers, Optical and mechanical component manufacturers, Raw chemical and metal substance providers, Contract manufacturers in Asia and Mexico

Downstream Customers

Wafer fabrication equipment (WFE) manufacturers, Advanced electronic device manufacturers, Automotive and aerospace industrial firms, Government and academic research institutions

MKS Instruments logo

MKS Instruments FAQ

Common questions about MKS Instruments

MKS Inc. is a global provider of foundational technology solutions that enable advanced semiconductor manufacturing, electronics packaging, and specialty industrial applications. The company leverages deep expertise in vacuum technologies, photonics, and specialty chemicals to address challenges in miniaturization and process complexity. Its core value proposition centers on improving process performance and optimizing productivity for leading technology and industrial companies.

MKS Instruments (MKSI) has a market capitalization of $20.0B and trades on NASDAQ.

MKS Instruments generated $4.1B in trailing twelve-month revenue with net income of $327.0M, representing a net margin of 8.0%. Gross margin stands at 46.7%, with free cash flow of $402.0M. These figures are based on the Q1 2026 filing.

MKS Instruments's key competitors include Coherent Corp., Entegris Inc, Lumentum Holdings Inc., and others. These companies compete in similar markets and product categories.

MKS Instruments has approximately 10,200 employees.