Filing Flows › Entegris (ENTG) › Q1 2025
Entegris (ENTG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Entegris (ENTG) reported revenue of $773M for the first quarter 2025 (Q1 2025), +0.3% from a year earlier and -9% from the quarter before. Operating margin was 15.8%, net earnings $62.9M (8.1% of revenue).
Entegris, Q1 2025: revenue $773M (+0.3% year over year), operating margin 15.8%, net earnings $62.9M, operating cash flow $140M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $773M | -9% | +0.3% |
| Gross profit | $356M | -8% | +1% |
| Operating profit | $122M | -18% | +4% |
| Net earnings | $62.9M | -39% | +39% |
| Operating cash flow | $140M | -20% | -5% |
| Free cash flow | $32.4M | -53% | -60% |
What changed
Revenue was $773.2M in Q1 2025, roughly flat year over year and down 9% from the previous quarter. Fabs was the largest line at 61% of revenue. Fabs added $27.2M year over year (up 6%), 1236% of the total change. Non - Semi declined 44%.
Gross margin was 46.1%, up 0.5 points from a year earlier. Operating profit was $122.3M, a 15.8% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 214% reached operating profit, above the 15% margin then. Operating expenses grew 0% against flat revenue. The fastest-growing cost line was Research & development (+18%). Net earnings were $62.9M, up 39% year over year. The effective tax rate was 11.5%.
Operating cash flow was $140.4M (down 5% year over year), 223% of net earnings. Non-cash charges added back $96.0M of depreciation and amortization and $13.4M of share-based compensation. Working capital and other items used $31.9M. Capital expenditures of $108.0M left free cash flow of $32.4M.
Questions
What was Entegris' revenue in the first quarter 2025?
Entegris (ENTG) reported revenue of $773M for the first quarter 2025 (Q1 2025), +0.3% from a year earlier and -9% from the quarter before.
Was Entegris profitable in the first quarter 2025?
Operating profit was $122M (15.8% of revenue) and net earnings $62.9M.
Source: Entegris 10-Q on SEC EDGAR.