Entegris (ENTG) financial statements
Entegris reported revenue of $3.2B in fiscal 2025, up 11.8% a year over 9 years.
Net income was $236M and the operating margin 14.3%, against 13.2% in 2016.
Free cash flow was $396M, and the company returned $61M in dividends.
The diluted share count rose 7% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Entegris's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.6B | $1.6B | $1.9B | $2.3B | $3.3B | $3.5B | $3.2B | $3.2B |
| Cost of revenue | $667M | $734M | $831M | $879M | $1.0B | $1.2B | $1.9B | $2.0B | $1.8B | $1.8B |
| Gross profit | $509M | $609M | $720M | $712M | $850M | $1.1B | $1.4B | $1.5B | $1.5B | $1.4B |
| Research and development | $107M | $107M | $118M | $121M | $136M | $168M | $229M | $277M | $316M | $329M |
| Selling, general and admin | $202M | $216M | $247M | $285M | $265M | $292M | $543M | $576M | $447M | $451M |
| Operating income | $156M | $242M | $293M | $239M | $395M | $552M | $480M | $499M | $534M | $456M |
| Interest expense | $37M | $32M | $34M | $47M | $49M | $41M | $213M | $312M | $215M | $200M |
| Pre-tax income | $120M | $185M | $254M | $318M | $354M | $479M | $247M | $173M | $322M | $255M |
| Income tax | $23M | $100M | $14M | $63M | $59M | $70M | $38M | -$8M | $28M | $18M |
| Net income | $97M | $85M | $241M | $255M | $295M | $409M | $209M | $181M | $293M | $236M |
| EPS (diluted) | $0.68 | $0.59 | $1.69 | $1.87 | $2.16 | $3.00 | $1.46 | $1.20 | $1.93 | $1.55 |
| Diluted shares | 142M | 144M | 143M | 137M | 136M | 137M | 143M | 151M | 152M | 152M |
| Gross margin | 43.3% | 45.4% | 46.4% | 44.7% | 45.7% | 46.1% | 42.5% | 42.5% | 45.9% | 44.4% |
| Operating margin | 13.2% | 18.0% | 18.9% | 15.0% | 21.3% | 24.0% | 14.6% | 14.2% | 16.5% | 14.3% |
| Net margin | 8.3% | 6.3% | 15.5% | 16.0% | 15.9% | 17.8% | 6.4% | 5.1% | 9.0% | 7.4% |
Balance sheet
Fiscal years, from Entegris's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $406M | $625M | $482M | $352M | $581M | $403M | $562M | $457M | $329M | $360M |
| Receivables | — | — | — | — | — | — | — | — | — | $459M |
| Inventory | $184M | $198M | $268M | $287M | $324M | $475M | $813M | $607M | $638M | $643M |
| Total current assets | $800M | $1.1B | $1.0B | $932M | $1.2B | $1.3B | $2.3B | $2.0B | $1.6B | $1.6B |
| Property, plant and equipment | $322M | $360M | $420M | $480M | $525M | $654M | $1.4B | $1.5B | $1.6B | $1.6B |
| Goodwill | $345M | $360M | $550M | $695M | $748M | $794M | $4.4B | $3.9B | $3.9B | $3.9B |
| Total assets | $1.7B | $2.0B | $2.3B | $2.5B | $2.9B | $3.2B | $10.1B | $8.8B | $8.4B | $8.4B |
| Total current liabilities | $262M | $291M | $270M | $264M | $303M | $379M | $762M | $514M | $525M | $489M |
| Long-term debt | $485M | $574M | $935M | $932M | $1.1B | $937M | $5.6B | $4.6B | $4.0B | $3.7B |
| Total liabilities | $800M | $983M | $1.3B | $1.4B | $1.5B | $1.5B | $6.9B | $5.4B | $4.7B | $4.4B |
| Shareholders' equity | $899M | $993M | $1.0B | $1.2B | $1.4B | $1.7B | $3.2B | $3.4B | $3.7B | $4.0B |
| Net debt | $178M | $49M | $457M | $585M | $505M | $534M | $5.2B | $4.1B | $3.7B | $3.3B |
Cash flow
Fiscal years, from Entegris's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $208M | $293M | $313M | $382M | $447M | $400M | $363M | $644M | $632M | $695M |
| Capital spending | $65M | $94M | $110M | $112M | $132M | $211M | $466M | $457M | $316M | $299M |
| Free cash flow | $142M | $200M | $202M | $270M | $315M | $190M | -$103M | $188M | $316M | $396M |
| Stock-based compensation | $13M | $15M | $17M | $20M | $23M | $30M | $67M | $61M | $66M | $69M |
| Dividends paid | $0 | $10M | $40M | $41M | $43M | $44M | $57M | $60M | $61M | $61M |
| Share buybacks (net) | -$8M | -$28M | -$174M | -$80M | -$45M | -$67M | $0 | $0 | — | — |
| Net borrowing | -$75M | $90M | $266M | -$4M | $149M | -$150M | $4.8B | -$1.1B | -$624M | -$300M |
| Free cash flow margin | 12.1% | 14.9% | 13.1% | 17.0% | 16.9% | 8.3% | -3.1% | 5.3% | 9.8% | 12.4% |
| Dividends per share | — | $0.07 | $0.28 | $0.30 | $0.32 | $0.32 | $0.40 | $0.40 | $0.40 | $0.40 |
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Open ENTG in InvestinglyQuestions
What was Entegris's revenue in 2025?
$3.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Entegris generate?
$396M in fiscal 2025 (operating cash flow minus capital spending).
From Entegris's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.