Discontinued — last reported Q3 '24

Business Segments · Gross Profit

Photonics Solutions Division — Gross Profit

MKS Instruments Photonics Solutions Division — Gross Profit increased by 2.7% to $113.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $110.00M to $113.00M. Over 2 years (FY 2021 to FY 2023), Photonics Solutions Division — Gross Profit shows relatively stable performance with a 2.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ3 2024
Rolls up toGross Profit

How to read this metric

An increase indicates improved pricing power or lower production costs, while a decrease suggests margin pressure or rising input costs.

Detailed definition

This represents the profit the Photonics Solutions Division earns after subtracting the direct costs of producing its go...

Peer comparison

Gross margin percentages are the standard for comparing profitability across similar manufacturing and technology peers.

Metric ID: mksi_segment_photonics_solutions_division_gross_profit

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$90.00M$122.00M$130.00M$128.00M$119.00M$125.00M$127.00M$75.00M$125.00M$110.00M$132.00M$118.00M$110.00M$113.00M
QoQ Change+35.6%+6.6%-1.5%-7.0%+5.0%+1.6%-40.9%+66.7%-12.0%+20.0%-10.6%-6.8%+2.7%
YoY Change+32.2%+2.5%-2.3%-41.4%+5.0%-12.0%+3.9%+57.3%-12.0%+2.7%
Range$75.00M$132.00M
CAGR+7.3%
Avg YoY Growth+3.6%
Median YoY Growth+2.6%

Frequently Asked Questions

What is MKS Instruments's photonics solutions division — gross profit?
MKS Instruments (MKSI) reported photonics solutions division — gross profit of $113.00M in Q3 2024.
How has MKS Instruments's photonics solutions division — gross profit changed year-over-year?
MKS Instruments's photonics solutions division — gross profit increased by 2.7% year-over-year, from $110.00M to $113.00M.
What is the long-term trend for MKS Instruments's photonics solutions division — gross profit?
Over 2 years (2021 to 2023), MKS Instruments's photonics solutions division — gross profit has grown at a 2.1% compound annual growth rate (CAGR), from $424.00M to $442.00M.
What does photonics solutions division — gross profit mean?
The profit remaining after paying for the direct costs of manufacturing the segment's products.