MKS INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.9B | $3.6B | $3.6B | $3.5B | $3.0B |
| Cost of revenue | — | — | — | $2.0B | $1.6B |
| Gross profit | $1.8B | $1.7B | $1.6B | $1.5B | $1.4B |
| Selling, general & administrative | $724.0M | $674.0M | $675.0M | $488.0M | $385.0M |
| Research and development | $299.0M | $271.0M | $288.0M | $241.0M | $200.0M |
| Operating income | $528.0M | $498.0M | -$1.6B | $617.0M | $699.0M |
| Interest expense | $212.0M | $284.0M | $356.0M | $177.0M | $25.0M |
| Pretax income | $304.0M | $180.0M | -$1.9B | $433.0M | $665.0M |
| Income tax expense | $9.0M | -$10.0M | -$87.0M | $100.0M | $114.0M |
| Net income | $295.0M | $190.0M | -$1.8B | $333.0M | $551.0M |
| Balance Sheet | |||||
| Cash and equivalents | $418.0M | $420.0M | $507.0M | — | — |
| Current assets | $2.5B | $2.5B | $2.7B | $2.8B | $2.1B |
| Total assets | $8.8B | $8.6B | $9.1B | $11.5B | $4.5B |
| Current liabilities | $927.0M | $775.0M | $848.0M | $952.0M | $460.0M |
| Total liabilities | $6.1B | $6.3B | $6.6B | $7.0B | $1.7B |
| Stockholders' equity | $2.7B | $2.3B | $2.5B | $4.5B | $2.9B |
| Cash Flow Statement | |||||
| Cash from operations | $645.0M | $528.0M | $319.0M | $529.0M | $640.0M |
| Depreciation and amortization | $97.0M | $103.0M | $102.0M | $70.0M | $49.0M |
| Stock-based compensation | $55.0M | $48.0M | $54.0M | $45.0M | $37.0M |
| Capital expenditure | $148.0M | $118.0M | $87.0M | $164.0M | $87.0M |
| Free cash flow | $497.0M | $410.0M | $232.0M | $365.0M | $553.0M |
| Dividends paid | $59.0M | $59.0M | $59.0M | $52.0M | $47.0M |
| Share repurchases | $45.0M | $0 | $0 | — | — |
| Impairments | $0 | $0 | $1.7B | $0 | $1.0M |
Shares outstanding 67.5M · Free float 86.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.