Entegris, Inc. announced its financial results for the first quarter ended March 29, 2025, reporting net sales of $773.2 million. This figure represents a modest 0.3% increase year-over-year from $771.0 million in Q1 2024, but a 9.0% sequential decrease from $849.8 million in Q4 2024. Adjusted net sales, excluding divestitures, showed a 5% year-over-year growth.
The company's non-GAAP diluted earnings per common share for the quarter were $0.67, a slight decrease from $0.68 in Q1 2024 and $0.84 in Q4 2024. Gross margin remained strong at 46.1%, an increase from 45.6% in the prior year quarter, while adjusted EBITDA was 28.5% of net sales. Management noted strong demand for CMP consumables and micro contamination control solutions.
For the second quarter ending June 28, 2025, Entegris expects sales to range from $735 million to $775 million, with non-GAAP diluted EPS projected between $0.60 and $0.67. The guidance includes the anticipated impact of new tariff regimes on U.S. sales to China, which have increased industry uncertainty. Entegris is actively leveraging its global manufacturing footprint to mitigate these cost and revenue impacts.
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