Entegris(NASDAQ) ENTG

Entegris makes materials and parts that help companies build computer chips and electronic devices. These products keep manufacturing environments clean so the tiny parts inside phones and cars work correctly. The company helps chipmakers produce faster and more powerful technology for things like artificial intelligence.

What Entegris Makes

• Materials Solutions: High-purity chemicals, specialty gases, and polishing tools used to build and flatten chip layers; accounted for approximately 52% of net sales in 2025.
• Advanced Purity Solutions: Filters and purification systems that remove tiny contaminants from liquids and gases used in factories; accounted for approximately 48% of net sales in 2025.
• Microenvironment Solutions: Specialized containers like Front-Opening Unified Pods (FOUPs) that protect sensitive wafers from damage during transport and processing.
• Fluid Management: High-precision valves, tubes, and pumps that safely move dangerous or valuable chemicals through a manufacturing facility.

Growth and Expansion

• Sold the QED Technologies International business in March 2023 to an affiliate of Quad-C Management for $134 million.
• Ended a business partnership with MacDermid Enthone in June 2023, receiving proceeds of approximately $191 million.
• Completed the $675 million sale of the Electronic Chemicals business to FUJIFILM Holdings America Corporation in October 2023.
• Divested the Pipeline and Industrial Materials business to SCF Partners in March 2024 for over $256 million in net proceeds.
• Announced a deal for $77 million in federal funding under the CHIPS and Science Act in December 2024 for a new site in Colorado.

Where the Company Stands Out

Entegris uses a global network of tech centers in places like Taiwan and South Korea to work directly with chipmakers on new designs. The company owns approximately 4,400 active patents worldwide to protect its specialized chemical and filtration recipes.

Key Financial Facts

• Net sales reached $824 million in Q4 2025, a 3.1% decrease compared to the previous year.
• Net income was $49 million in Q4 2025, down 51.7% from $102 million in Q4 2024.
• Free cash flow rose to $134 million in Q4 2025, representing a 95.4% increase from the prior year.
• Operating cash flow grew to $192 million in Q4 2025, up 9% from $176 million in Q4 2024.
• International sales accounted for 82% of total net sales during the 2025 fiscal year.

The Evolution of Entegris

Entegris has shifted from a parts supplier to a specialized materials partner through major acquisitions and recent strategic divestitures. Its focus on ultra-pure manufacturing environments makes it a critical part of the global semiconductor supply chain.