What is MKS Instruments's R&D?

MKS Instruments (MKSI) reported R&D of $81M in Q1 2026.

How has MKS Instruments's R&D changed year-over-year?

MKS Instruments's R&D increased by 15.7% year-over-year, from $70M to $81M.

What is the long-term trend for MKS Instruments's R&D?

Over 3 years (2021 to 2025), MKS Instruments's R&D has grown at a 14.3% compound annual growth rate (CAGR), from $200M to $299M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

MKS Instruments MKSI R&D

R&D at other companies

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$185.99M+23.4%

Advanced Energy IndustriesAEIS

$62.4M+15.1%

MaterionMTRN

$6.16M-5.3%

IPG PhotonicsIPGP

$33.31M+17.6%

Element SolutionsESI

$19.5M+20.4%

Lumentum Holdings Inc.LITE

$90.6M+19.4%

Other financials

Income statement

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Revenue$1.1B+15.2%

Gross profit$507.0M+14.2%

Operating income$149.0M+34.2%

Net income$84.0M+61.5%

EPS (diluted)$1.18+53.2%

Balance sheet

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Cash & equivalents$569.0M-13.1%

Total debt$4.0B-9.8%

Total equity$2.8B+19.4%

Total assets$8.7B+2.0%

Cash flow

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Operating cash flow$53.0M-62.4%

CapEx$25.0M+38.9%

Free cash flow$28.0M-77.2%

Valuation

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Market cap$19.27B+183%

Enterprise value$22.75B+115%

P/E58.9×+33.4×

P/S4.7×+2.9×

Profitability

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Gross margin46.7%-0.9pp

Operating margin13.9%+0.1pp

Net margin8%+1.8pp

FCF margin9.9%-3.4pp

Returns & leverage

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Return on equity12.7%+3.1pp

Debt / equity1.4×-0.5×

Current ratio1.1×-2.0×

Where this comes from

Reported directly by MKS Instruments in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: MKS Instruments’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MKS Instruments's R&D?: MKS Instruments (MKSI) reported R&D of $81M in Q1 2026.
How has MKS Instruments's R&D changed year-over-year?: MKS Instruments's R&D increased by 15.7% year-over-year, from $70M to $81M.
What is the long-term trend for MKS Instruments's R&D?: Over 3 years (2021 to 2025), MKS Instruments's R&D has grown at a 14.3% compound annual growth rate (CAGR), from $200M to $299M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.