Income StatementBalance SheetCash FlowSegments
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MKS Instruments Business Segments

Business, geographic, and product segment breakdowns

MKS Instruments generates $4.1B in annual revenue across 3 key segments: Materials Solutions Division ($1.4B), Photonics Solutions Division ($1.1B), and Vacuum Solutions Division ($1.6B). The company-wide operating margin is 13.88%. Based on the Q1 2026 filing.

Materials Solutions Division (TTM)$1.4BPhotonics Solutions Division (TTM)$1.1BVacuum Solutions Division (TTM)$1.6B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$20.0B
P/E Ratio61.08
ROE12.66%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Semiconductor$400.0M$413.0M$432.0M$415.0M$435.0M$466.0M
Electronics And Packaging$253.0M$253.0M$266.0M$289.0M$302.0M$321.0M
Specialty Industrial$281.0M$270.0M$275.0M$284.0M$296.0M$291.0M

Cost Of Goods And Service Excluding Depreciation Depletion And Amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product$442.0M$437.0M$463.0M$466.0M$492.0M$514.0M
Service$51.0M$55.0M$57.0M$61.0M$62.0M$57.0M

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$244.0M$195.0M$248.0M$264.0M$276.0M$230.0M

Business Segments

Accounts Receivable

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$247.0M$239.0M$265.0M$281.0M$298.0M$310.0M
Vacuum Solutions Division$200.0M$213.0M$212.0M$187.0M$190.0M$243.0M
Photonics Solutions Division$168.0M$187.0M$172.0M$143.0M$163.0M$222.0M

Cost Of Goods And Service Excluding Depreciation Depletion And Amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Vacuum Solutions Division$215.0M$211.0M$229.0M$223.0M$230.0M$243.0M
Materials Solutions Division$134.0M$131.0M$149.0M$160.0M$168.0M$167.0M
Photonics Solutions Division$144.0M$147.0M$140.0M$141.0M$154.0M$160.0M

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$63.0M$62.0M$63.0M$65.0M$65.0M$65.0M
Photonics Solutions Division$12.0M$12.0M$13.0M$11.0M$12.0M$12.0M
Vacuum Solutions Division$11.0M$11.0M$11.0M$9.0M$9.0M$8.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$1.6B$1.7B$1.7B$1.7B$1.7B$1.7B
Photonics Solutions Division$613.0M$616.0M$621.0M$622.0M$622.0M$620.0M
Vacuum Solutions Division$217.0M$217.0M$218.0M$217.0M$217.0M$217.0M

Goodwill Foreign Currency Translation Gain Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division-$82.0M$14.0M$68.0M$0.0$11.0M-$7.0M
Photonics Solutions Division-$6.0M$3.0M$5.0M$1.0M$0.0-$2.0M
Vacuum Solutions Division—$0.0$1.0M-$1.0M$0.0$0.0

Goodwill Gross

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$3.0B$3.0B$3.0B$3.0B$3.0B$3.0B
Photonics Solutions Division$1.0B$1.0B$1.0B$1.0B$1.0B$1.0B
Vacuum Solutions Division$358.0M$358.0M$359.0M$358.0M$358.0M$358.0M

Goodwill Impaired Accumulated Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$1.3B$1.3B$1.3B$1.3B$1.3B$1.3B
Photonics Solutions Division$390.0M$390.0M$390.0M$390.0M$390.0M$390.0M
Vacuum Solutions Division$141.0M$141.0M$141.0M$141.0M$141.0M$141.0M

Goodwill Impairment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$0.0$0.0$0.0$0.0$0.0$0.0
Photonics Solutions Division$0.0$0.0$0.0$0.0$0.0$0.0
Vacuum Solutions Division$0.0$0.0$0.0$0.0$0.0$0.0

Inventory Net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Vacuum Solutions Division$488.0M$490.0M$500.0M$494.0M$475.0M$476.0M
Photonics Solutions Division$260.0M$257.0M$262.0M$273.0M$270.0M$278.0M
Materials Solutions Division$145.0M$147.0M$156.0M$167.0M$176.0M$195.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Vacuum Solutions Division$372.0M$386.0M$407.0M$386.0M$400.0M$425.0M
Materials Solutions Division$300.0M$287.0M$323.0M$353.0M$360.0M$350.0M
Photonics Solutions Division$262.0M$263.0M$243.0M$249.0M$273.0M$303.0M

Segment Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Vacuum Solutions Division$688.0M$703.0M$712.0M$681.0M$665.0M$719.0M
Materials Solutions Division$392.0M$386.0M$421.0M$448.0M$474.0M$505.0M
Photonics Solutions Division$428.0M$444.0M$434.0M$416.0M$433.0M$500.0M

Segment Expenditure Addition To Long Lived Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Vacuum Solutions Division$19.0M$8.0M$19.0M$32.0M$28.0M$12.0M
Materials Solutions Division$33.0M$8.0M$6.0M$10.0M$16.0M$6.0M
Photonics Solutions Division$6.0M$2.0M$4.0M$8.0M$6.0M$4.0M

Segment Gross Profit Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division$166.0M$156.0M$174.0M$193.0M$192.0M$183.0M
Vacuum Solutions Division$157.0M$175.0M$178.0M$163.0M$170.0M$182.0M
Photonics Solutions Division$118.0M$116.0M$103.0M$108.0M$119.0M$143.0M

Segment Gross Profit Percentage

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Materials Solutions Division—54.5%53.9%54.6%—52.2%
Photonics Solutions Division0.1%44.0%42.4%43.7%0.1%47.2%
Vacuum Solutions Division—45.3%43.7%42.2%—42.9%