MKS Inc (MKSI) Financial Statements
Industry: Industrial Instruments For Measurement, Display, and Control
In fiscal 2025, MKS reported revenue of $3.93B, up 9.6% from $3.59B the year before. Net income was $295.0M (a 7.5% net margin), or $4.37 per diluted share. Gross margin was 46.7% and operating margin was 13.4%. Operating activities generated $645.0M of cash, leaving $497.0M of free cash flow. At fiscal year end, MKS held $8.80B in total assets against $6.08B in total liabilities, including $418.0M of cash and equivalents.
Open the full interactive MKS financials → Quarterly statements, key ratios, valuation history and price charts.
MKS Key Stats
| Share Price | $247.56 |
|---|---|
| Market Cap | $18.00B |
| P/E Ratio | 56.6 |
| Revenue YoY Growth | +9.6% |
| 52-Week Range | $132.13 – $444.39 |
| Shares Outstanding | 67.6 million (basic, 2026 Q2) |
MKS Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.33B | $2.95B | $3.55B | $3.62B | $3.59B | $3.93B |
| Cost of Goods Sold | $1.28B | $1.57B | $2.00B | — | — | — |
| Gross Profit | $1.05B | $1.38B | $1.55B | $1.64B | $1.71B | $1.84B |
| Operating Income | $453.8M | $698.9M | $617.0M | -$1.55B | $498.0M | $528.0M |
| Pre-Tax Income | $423.0M | $665.5M | $433.0M | -$1.93B | $180.0M | $304.0M |
| Income Tax | $72.9M | $114.1M | $100.0M | -$87.0M | -$10.0M | $9.0M |
| Net Income | $350.1M | $551.4M | $333.0M | -$1.84B | $190.0M | $295.0M |
| Diluted EPS | $6.33 | $9.90 | $5.56 | -$27.54 | $2.81 | $4.37 |
MKS Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $988.0M | $1.03B | $1.08B | $1.25B |
| Net Income | $74.0M | $107.0M | $84.0M | $175.0M |
| Diluted EPS | $1.10 | $1.58 | $1.18 | $2.41 |
MKS Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | — | $420.0M | $418.0M |
| Current Assets | $1.80B | $2.15B | $2.79B | $2.70B | $2.47B | $2.51B |
| Total Assets | $3.90B | $4.54B | $11.49B | $9.12B | $8.59B | $8.80B |
| Current Liabilities | $373.9M | $460.8M | $952.0M | $848.0M | $775.0M | $927.0M |
| Total Long-Term Debt | $815.0M | $807.9M | $5.12B | $4.95B | $4.49B | $4.15B |
| Total Liabilities | $1.54B | $1.65B | $7.01B | $6.65B | $6.27B | $6.08B |
| Shareholders' Equity | $2.36B | $2.89B | $4.48B | $2.47B | $2.32B | $2.72B |
MKS Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $513.2M | $639.5M | $529.0M | $319.0M | $528.0M | $645.0M |
| Cash From Investing | -$202.4M | -$204.6M | -$4.55B | -$84.0M | -$117.0M | -$145.0M |
| Cash From Financing | -$121.5M | -$65.1M | $3.97B | -$259.0M | -$549.0M | -$562.0M |
| Free Cash Flow | $428.3M | $552.8M | $365.0M | $232.0M | $410.0M | $497.0M |
Figures from MKS's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full MKS financials page for every line item.
MKS Company Profile
| Ticker | MKSI |
|---|---|
| Exchange | Nasdaq |
| Industry | Industrial Instruments For Measurement, Display, and Control |
| Headquarters | Andover, Massachusetts |
| Incorporated in | Massachusetts |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001049502 |
Frequently Asked Questions
What was MKS's revenue in fiscal 2025?
MKS (MKSI) reported revenue of $3.93B for fiscal 2025.
What is MKS's annual revenue history?
MKS's annual revenue by fiscal year: 2020: $2.33B; 2021: $2.95B; 2022: $3.55B; 2023: $3.62B; 2024: $3.59B; 2025: $3.93B.
What was MKS's net income in fiscal 2025?
MKS reported net income of $295.0M for fiscal 2025.
What was MKS's earnings per share (EPS) in fiscal 2025?
MKS's diluted EPS was $4.37 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did MKS generate in fiscal 2025?
MKS generated $497.0M of free cash flow in fiscal 2025.
What was MKS's revenue last quarter?
In its most recent reported quarter (2026 Q2), MKS reported revenue of $1.25B.
How much debt does MKS have?
MKS reported $4.15B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of MKS are outstanding?
MKS reported a weighted average of 67.6 million basic shares outstanding in 2026 Q2.
What is MKS's market cap?
Based on its latest closing price, MKS (MKSI) has a market capitalization of about $18.00B.
When does MKS's fiscal year end?
MKS's fiscal year end, as registered with the SEC, is December 31.
Where is MKS headquartered?
MKS lists its business address in Andover, Massachusetts in its SEC filings.