Entegris Reports Record Q3 2026 Revenue and Highest Gross Margins in 25 Years
Entegris (ENTG) delivered a robust third quarter for 2026, reporting net sales of $1.005 billion, a 25% increase year-over-year. The growth was primarily fueled by the semiconductor industry's transition to advanced logic and memory nodes, alongside significant demand from artificial intelligence infrastructure investments. This surge in demand resulted in an adjusted gross margin of 48.9%, the highest level for the company in over 25 years. The company demonstrated strong operational leverage with Non-GAAP EPS rising 71% year-over-year to $1.23. A significant increase in order backlog, which more than doubled compared to last year, provides high visibility into future revenue streams. Despite some supply chain and capacity constraints noted by management, Entegris issued optimistic Q4 guidance with projected revenue growth of approximately 26% at the midpoint.
Tickers: $ENTG
Topics: EPS Free Cash Flow Gross Margin Net Sales Revenue Growth