Description

Entegris’ Next Big Catalyst — Advanced Nodes, New Fabs And A 60% Incremental Flow-Through!

Entegris reported second quarter 2026 results with revenue of $883 million, reflecting an 11% year-over-year increase that exceeded the company’s guidance range. The growth was driven by strong demand across both unit-driven and capital expenditure (CapEx)-related businesses, benefiting from accelerating AI-driven semiconductor investments and advancing technology transitions. Unit revenues rose 10%, supported notably by liquid filtration—which achieved its fourth consecutive record quarter—complemented by increased demand for chemical mechanical planarization (CMP) pads, advanced deposition materials, and selective etch chemistries. CapEx revenue grew 15%, fueled by growth in front-opening unified pods (FOUPs), gas filtration, and purification solutions, reflecting expanding fab construction and wafer fab equipment (WFE) activity globally. Entegris’ adjusted gross margin improved sequentially to 47.6%, the highest since early 2022. This margin expansion resulted from operational improvements, productivity initiatives, and facility rationalizations—including exiting the U.S. Life Sciences Fluid Management business and closing a facility in Logan, Utah.