MKSI is experiencing a clear inflection point, with 2026Q2 revenue growth accelerating to 28.3% YoY and operating margin expanding to 20.1%, the highest in the reported period. This growth is driven by broad-based demand and favorable product mix, as evidenced by gross margin expansion to 47.7%.
Price trend, volume and key moving averages
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Revenue growth accelerated to 28.3% YoY in 2026Q2, with gross margin expanding 650 bps sequentially to 47.7% and operating margin reaching 20.1%, though EPS growth of 162% may be inflated by one-time items.
MKS Inc. reported significant revenue and net income growth in Q1 2026, with earnings per share rising to $1.24, exceeding analyst expectations.
MKS provides foundational technology solutions for semiconductor manufacturing, positioning it to benefit from increasing demand in the sector.
AI models predict a bullish stock price target of $383.53 for 2026, indicating potential upside from current levels.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $4.18+15.2% vs $3.63 | $1.4B+4.0% vs $1.4B |
Q3 2026 Aug 5, 2026 | $3.30+13.4% vs $2.91 | $1.2B+4.4% vs $1.2B |
Q2 2026 May 6, 2026 | $2.30+12.7% vs $2.04 | $1.1B+3.1% vs $1.0B |
Q1 2026 Feb 17, 2026 | $2.47+0.4% vs $2.46 | $1.0B+1.1% vs $1.0B |
MKS rides surging AI and semiconductor demand, with strong Q4 guidance, capacity expansion and improving margins, positioning it for continued growth into 2027.
MKS (NASDAQ: MKSI) reported third-quarter 2026 revenue and adjusted earnings above its guidance as demand for semiconductor equipment and AI-related electronics manufacturing drove growth across its businesses. Revenue rose 43% from a year earlier to $1.41 billion, while adjusted earnings more than doubled to $4.18 per diluted share. The company projected fourth-quarter revenue of $1.49 billion,
The Madison Mid Cap Fund (Class I) returned -2.09% in the third quarter, compared to the Russell Midcap Index return of -3.00%. The top five contributors for the quarter were Gartner, Medpace Holdings, Ross Stores, Revvity, and Waters Corporation. The bottom five detractors for the quarter were MKS, Floor & Decor Holdings, Carlisle Companies, Moelis and Co., and Glacier Bancorp.
MKS Inc. ( MKSI ) Q3 2026 Earnings Call November 5, 2026 8:30 AM EST Company Participants Paretosh Misra - Vice President of Investor Relations John Lee - President, CEO & Director Ramakumar Mayampurath - Executive VP & CFO Conference Call Participants Matthew Prisco - Cantor Fitzgerald & Co., Research Division Sreekrishnan Sankarnarayanan - TD Cowen, Research Division Melissa Weathers - Deutsche Bank AG, Research Division Steve Barger - KeyBanc Capital Markets Inc., Research Division James Ricchiuti - Needham & Company, LLC, Research Division Vijay Rakesh - Mizuho Securities USA LLC, Research Division Yiling Sun - Citigroup Inc., Research Division Shane Brett - Morgan Stanley, Research Division Joseph Quatrochi - Wells Fargo Securities, LLC, Research Division James Schneider - Goldman Sachs Group, Inc., Research Division Michael Mani - BofA Securities, Research Division Presentation Operator Thank you for standing by. My name is Mae.
Benchmark MKSI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for MKS Inc. (MKSI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $192.27 | $12.99B | 23.16 | 9.62% | 12.62% | 20.4% | 0.45% | |
| $127.98 | $19.52B | 50.14 | -1.38% | 11.14% | 9.53% | 0.31% | |
| $30.97 | $1.08B | 336.26 | 11.61% | 0.32% | 0.46% | — | |
| $173.28 | $8.62B | 64.92 | 1.82% | 11.84% | 6.5% | — | |
| $135.15 | $4.81B | 90.08 | 3.3% | 6% | 4.9% | — | |
| $94.17 | $4.16B | 21.16 | 5.44% | 8.83% | 14.46% | 1.17% |
MKS Inc. (MKSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
MKS Inc. (MKSI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
May 12, 2026·SEC
May 6, 2026·SEC
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MKS Inc. (MKSI) stock FAQ — growth, dividends, profitability & financials explained
MKS Inc. (MKSI) reported $4.77B in revenue over the trailing twelve months. Revenue was $3.93B in fiscal year 2025. That is 2712% more than the $139.8M of fiscal year 1998.
MKS Inc. (MKSI) grew revenue by 24.6% over the trailing twelve months, compared with the twelve months before.
Yes. MKS Inc. (MKSI) earned $602.0M in net income over the trailing twelve months (a 12.6% net margin).
Yes. MKS Inc. (MKSI) pays a dividend that yields 0.45% at the current price, a small yield.
MKS Inc. (MKSI) had a return on equity (ROE) of 20.4% over the trailing twelve months. That is well above the market's typical 10-15%.
MKS Inc. (MKSI) generated $551.0M in free cash flow over the trailing twelve months.
