What Are MKS Inc.'s Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $3.9 billion | $3.6 billion | $3.6 billion | $3.5 billion |
| Operating income | $528 million | $498 million | -$1.6 billion | $617 million |
| Operating margin | 13.4% | 13.9% | -42.9% | 17.4% |
| Net income | $295 million | $190 million | -$1.8 billion | $333 million |
| Net margin | 7.5% | 5.3% | -50.8% | 9.4% |
| Operating cash flow | $645 million | $528 million | $319 million | $529 million |
| Capital expenditures | $148 million | $118 million | $87 million | $164 million |
| Free cash flow | $497 million | $410 million | $232 million | $365 million |
Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $497 million against net income of $295 million; cash generation covered reported earnings.
What Does MKS Inc.'s Balance Sheet Show?
| Cash and cash equivalents | $418 million |
|---|---|
| Long-term debt | $4.2 billion |
| Total assets | $8.8 billion |
| Total liabilities | $6.1 billion |
| Shareholders' equity | $2.7 billion |
| Current ratio | 2.7x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value MKS Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001193125-26-066820 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was MKS Inc.'s revenue in fiscal 2025?
MKS Inc. reported revenue of $3.9 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is MKS Inc.'s operating margin?
MKS Inc.'s operating margin was 13.4% in fiscal 2025: operating income of $528 million on revenue of $3.9 billion.
How much free cash flow did MKS Inc. generate?
Operating cash flow of $645 million less capital expenditures of $148 million gives free cash flow of $497 million for fiscal 2025.