Filing Flows › MKS (MKSI) › Q3 2026 › vs Q2 2026
MKS (MKSI) Q3 2026 vs Q2 2026 (quarter over quarter)
MKS's revenue rose $165M (+13%) from $1.2B in Q2 2026 to $1.4B in Q3 2026. The biggest changes: Semiconductor +$84.0M (+15%); Specialty Industrial +$47.0M (+15%); Electronics and Packaging +$34.0M (+9%). Gross margin 47.7% against 47.7% (+0.0 pts).
MKS, Q3 2026: revenue $1.4B (+43% year over year), operating margin 23.1%, net earnings $237M, operating cash flow $292M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 47.7% | 47.7% | +0.0 pts |
| Operating margin | 23.1% | 20.1% | +3.0 pts |
| Net margin | 16.8% | 14.0% | +2.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Semiconductor | $638M | $554M | $84.0M | +15% |
| Electronics and Packaging | $415M | $381M | $34.0M | +9% |
| Specialty Industrial | $360M | $313M | $47.0M | +15% |
| Revenue | $1.4B | $1.2B | $165M | +13% |
| Gross profit | $674M | $595M | $79.0M | +13% |
| Cost of revenue | $739M | $653M | $86.0M | +13% |
| Operating profit | $326M | $251M | $75.0M | +30% |
| Operating expenses | $348M | $344M | $4.0M | +1% |
| Pre-tax earnings | $288M | $213M | $75.0M | +35% |
| Other expense, net | $38.0M | $38.0M | $0 | 0% |
| Research & development | $80.0M | $76.0M | $4.0M | +5% |
| SG&A | $201M | $200M | $1.0M | +0.5% |
| Other operating costs | $67.0M | $68.0M | −$1.0M | -1% |
| Net earnings | $237M | $175M | $62.0M | +35% |
| Income tax | $51.0M | $38.0M | $13.0M | +34% |
| Depreciation & amortization | $88.0M | $85.0M | $3.0M | +4% |
| Share-based compensation | $15.0M | $15.0M | $0 | 0% |
| Working capital & other | $48.0M | $32.0M | $16.0M | +50% |
| Operating cash flow | $292M | $243M | $49.0M | +20% |
Questions
How much did MKS's revenue grow quarter over quarter in Q3 2026?
MKS's revenue rose $165M (+13%) from $1.2B in Q2 2026 to $1.4B in Q3 2026.
What drove MKS's revenue change in Q3 2026?
Semiconductor +$84.0M (+15%); Specialty Industrial +$47.0M (+15%); Electronics and Packaging +$34.0M (+9%).