MKS Inc. (MKSI), a provider of instruments, subsystems, and process control technologies, on Wednesday reported higher fourth quarter compared with the previous year. It also issued guidance for the first quarter of 2026.
For the fourth quarter, net income increased to $108 million from $90 million in the previous year.
Earnings per share were $1.58 versus $1.33 last year.
Adjusted net income increased to $168 million from $146 million in the prior year.
Adjusted earnings per share were $2.47 versus $2.15 last year.
Adjusted EBITDA increased to $249 million from $237 million in the same period a year ago.
Income from operations increased to $144 million from $135 million in the prior year.
Revenue increased to $1.03 billion from $935 million in the previous year.
For the first quarter of 2026, the company expects revenue of $1.04 billion, plus or minus $40 million.
Gross margin is projected at 46%, plus or minus 1%.
Adjusted operating expenses are forecast at $270 million, plus or minus $5 million.
Adjusted net earnings are estimated at $136 million, plus or minus $19 million, with adjusted earnings per share of $2, plus or minus $0.28.
Adjusted EBITDA is expected to be $251 million, plus or minus $24 million.
MKS closed the regular trading session on February 18, 2026, at $262.94, up $2.20 or 0.84%. Later, in overnight trading, the share price rose to $240.14, lesser $22.80 or 8.67%, as of 12:12 AM GMT-5.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
(Amended: Removes consensus estimate)
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.