Entegris Reports Strong Q4 2025 Results

Semiconductor materials provider sees improved semiconductor backdrop heading into 2026

Published on Feb. 10, 2026

Entegris (NASDAQ:ENTG) reported fourth-quarter 2025 results that came in at the high end or above its guidance ranges, as management emphasized disciplined execution and early signs of a more constructive semiconductor backdrop heading into 2026. The company saw strong performance across its Material Solutions and Advanced Purity Solutions segments, with improved free cash flow and plans to reduce capital expenditures in 2026.

Why it matters

Entegris is a key supplier of advanced materials and process control solutions to the semiconductor industry, so its results and outlook provide valuable insights into the health and direction of the broader semiconductor market. The company's performance and projections suggest cautious optimism about semiconductor demand trends in 2026 after a challenging 2025.

The details

Entegris reported fourth-quarter revenue of $824 million, down 3% year-over-year but up 2% sequentially. Gross margin was 43.8% on a GAAP basis and 44% on a non-GAAP basis. The company saw strong performance in its Material Solutions segment, with sales up 4% sequentially, driven by advanced deposition materials for NAND memory. Its Advanced Purity Solutions segment also grew 1% sequentially, though down 5% year-over-year due to declines in fluid handling and FOUP products. Entegris generated $404 million in free cash flow in 2025, a 12.7% margin, and plans to reduce capital expenditures to $250 million in 2026 after completing a multi-year manufacturing investment cycle.

  • Entegris reported fourth-quarter 2025 results on February 10, 2026.
  • The company expects to rationalize at least one additional manufacturing facility in the first half of 2026.

The players

Entegris

An advanced materials and process control solutions provider serving the semiconductor and other high-technology industries.

Dave Reeder

Chief Executive Officer of Entegris.

Linda LaGorga

Chief Financial Officer of Entegris.

Got photos? Submit your photos here. ›

What they’re saying

“Fourth-quarter revenue, gross margin, adjusted EBITDA margin, and non-GAAP EPS all landed at the high end or above guidance.”

— Dave Reeder, Chief Executive Officer

“Free cash flow margin improved to 12.7% in 2025, in line with the company's target, and that free cash flow is now incorporated into short- and long-term incentive plans.”

— Dave Reeder, Chief Executive Officer

What’s next

Entegris is rescheduling its Capital Markets Day from May to the fall of 2026 due to the CFO transition.

The takeaway

Entegris' strong fourth-quarter results and improved outlook for 2026 suggest the semiconductor industry is regaining momentum, with the company well-positioned to benefit from key technology transitions and a recovery in capital spending.