Entegris Inc: Rising Demand for Advanced Purification & Materials Solutions in Next-Generation Semiconductors Is Upping Their Game!

Entegris has reported its financial results for the third quarter of 2025, providing insight into the company’s operational priorities and market positioning under its new CEO, David Reeder. The semiconductor industry has been through significant changes, and Entegris is navigating these with varying degrees of success and challenge. Entegris reported third-quarter revenues of $807 million, flat year-over-year, but up 2% sequentially, aligning with the midpoint of its guidance. This result underscored stability in a complex market. However, gross margins fell short of expectations at 43.6% on a non-GAAP basis, primarily due to underutilization of manufacturing capacity, including newer facilities in Taiwan and Colorado. This points to a mismatch between capacity and current demand levels, a challenge Entegris is poised to address over time. Positively, the company achieved record operating cash flow, significantly improving free cash flow to $191 million—Entegris’s highest in six years.