Filing Flows › MKS (MKSI) › Guidance history
MKS (MKSI) guidance history: what it guided and what it reported
MKS gave guidance in 12 earnings releases on file since Feb 7, 2024. Of 18 guided periods since reported, it met or beat its own guidance 16 times (89%). Revenue: 7 of 7, on average +3.6% against the guided midpoint.
Revenue
Met or beat 7 of 7 periods (4 above, 3 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $1.4B–$1.5B (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $1.3B–$1.4B (Aug 5, 2026) | $1.4B | above the range | +4.7% |
| Q2 2026 | $1.2B–$1.2B (May 6, 2026) | $1.2B | above the range | +4.0% |
| Q1 2026 | $1.0B–$1.1B (Feb 17, 2026) | $1.1B | within the range | +3.6% |
| Q4 2025 | $950M–$1.0B (Nov 5, 2025) | $1.0B | above the range | +4.3% |
| Q3 2025 | $920M–$1.0B (Aug 6, 2025) | $988M | within the range | +2.9% |
| Q2 2025 | $885M–$965M (May 7, 2025) | $973M | above the range | +5.2% |
| Q1 2025 | $935M (Feb 12, 2025) | $936M | within the range | +0.1% |
| Q2 2024 | $868M (May 8, 2024) | — | — | — |
Adjusted revenue
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2024 | $870M–$950M (Nov 6, 2024) | — | — | — |
| Q3 2024 | $830M–$910M (Aug 7, 2024) | — | — | — |
| Q2 2024 | $820M–$900M (May 8, 2024) | — | — | — |
| Q1 2024 | $800M–$880M (Feb 7, 2024) | — | — | — |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | 46.5%–48.5% (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | 46.0%–48.0% (Aug 5, 2026) | — | — | — |
| Q2 2026 | 46.0%–48.0% (May 6, 2026) | — | — | — |
| Q1 2026 | 45.0%–47.0% (Feb 17, 2026) | — | — | — |
| Q4 2025 | 45.0%–47.0% (Nov 5, 2025) | — | — | — |
| Q3 2025 | 45.5%–47.5% (Aug 6, 2025) | — | — | — |
| Q2 2025 | 45.5%–47.5% (May 7, 2025) | — | — | — |
GAAP operating expenses
Met or beat 3 of 5 periods (2 above, 3 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $350M–$360M (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $341M–$351M (Aug 5, 2026) | $348M | within the range | +0.6% |
| Q2 2026 | $332M–$342M (May 6, 2026) | $344M | above the range | +2.1% |
| Q4 2025 | $320M–$330M (Nov 5, 2025) | $336M | above the range | +3.4% |
| Q3 2025 | $313M–$323M (Aug 6, 2025) | $323M | within the range | +1.6% |
| Q2 2025 | $311M–$321M (May 7, 2025) | $318M | within the range | +0.6% |
Adjusted operating expenses
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $283M–$293M (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $275M–$285M (Aug 5, 2026) | — | — | — |
| Q2 2026 | $270M–$280M (May 6, 2026) | — | — | — |
| Q1 2026 | $265M–$275M (Feb 17, 2026) | — | — | — |
| Q4 2025 | $250M–$260M (Nov 5, 2025) | — | — | — |
| Q3 2025 | $247M–$257M (Aug 6, 2025) | — | — | — |
| Q2 2025 | $247M–$257M (May 7, 2025) | — | — | — |
GAAP net income
Met or beat 6 of 6 periods (5 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $266M–$322M (Nov 4, 2026) | — | to be reported | — |
| Q3 2026 | $178M–$224M (Aug 5, 2026) | $237M | above the range | +17.9% |
| Q2 2026 | $130M–$172M (May 6, 2026) | $175M | above the range | +15.9% |
| Q4 2025 | $74.0M (Nov 5, 2025) | $107M | above the range | +44.6% |
| Q3 2025 | $62.0M (Aug 6, 2025) | $74.0M | above the range | +19.4% |
| Q2 2025 | $52.0M (May 7, 2025) | $62.0M | above the range | +19.2% |
| Q1 2025 | $24.0M–$62.0M (Feb 12, 2025) | $52.0M | within the range | +20.9% |
The latest quarter
MKS, Q3 2026: revenue $1.4B (+43% year over year), operating margin 23.1%, net earnings $237M, operating cash flow $292M. The chart follows the revenue to costs, profit and cash.
Questions
Does MKS beat its guidance?
MKS gave guidance in 12 earnings releases on file since Feb 7, 2024. Of 18 guided periods since reported, it met or beat its own guidance 16 times (89%). Revenue: 7 of 7, on average +3.6% against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.