Entegris, Inc. (ENTG): History, Ownership, Mission, How It Works & Makes Money

Does the future of advanced chip manufacturing-the core of AI and high-performance computing-depend on a company you might not defintely know, like Entegris, Inc. (ENTG)?

The answer is yes, because this critical supplier of advanced materials and process solutions for the semiconductor industry recently reported $807 million in net sales for the third quarter of 2025, demonstrating its vital role in enabling sub-7nm process fabrication.

With a trailing twelve-month revenue of $3.223 billion through September 2025, Entegris, Inc. isn't just selling chemicals and filters; they are the purity gatekeepers, and understanding their mission and how they make money is essential to mapping the near-term risks and opportunities in the entire tech supply chain.

Entegris, Inc. (ENTG) History

You need to understand how Entegris, Inc. became the critical materials supplier it is today, especially as you map out your investment strategy around the semiconductor supply chain. The company's journey wasn't a straight line; it's a story of strategic mergers and massive acquisitions, transforming a small Minnesota startup into a global powerhouse that reported net sales of $807.1 million in the third quarter of 2025. That kind of growth is defintely rooted in its history of solving contamination control problems for chipmakers.

Given Company's Founding Timeline

Year established

The company traces its roots back to 1966 with the founding of Fluoroware, a key supplier to the nascent microelectronics industry.

Original location

Chaska, Minnesota, USA, which positioned it near early US-based semiconductor manufacturing hubs.

Founding team members

Fluoroware was founded by Wayne Bongard, who established the initial focus on high-purity polymer handling.

Initial capital/funding

Specific details on the initial seed capital are not publicly available, which is common for startups from that era, but it likely began with founder investment or small private funds.

Given Company's Evolution Milestones

Given Company's Transformative Moments

The company's history is defined by two major strategic shifts: the initial consolidation and the massive, materials-focused acquisitions.

The 1999 merger that created Entegris combined Fluoroware's expertise in materials handling with Empak's strength in wafer carriers. This was the first pivot from a component supplier to a solutions provider, a smart move that positioned them to tackle contamination control holistically. Then, the 2005 merger with Mykrolis solidified their position in the critical area of fluid and gas purification, which is non-negotiable for advanced chip nodes.

The real game-changer was the focus on specialty materials, starting with the 2014 acquisition of ATMI. That deal, valued at about $1.15 billion, brought in high-value deposition materials and specialty gases. But the biggest move, the one that fundamentally changed the company's size and market influence, was the 2022 acquisition of CMC Materials for roughly $5.7 billion. This instantly made them a leader in CMP (Chemical Mechanical Planarization) slurries and pads, which are consumables-meaning recurring, high-margin revenue. It's a classic move: acquire a critical, sticky part of the value chain.

• The CMC Materials acquisition significantly increased their content per wafer, a key metric for semiconductor suppliers.
• As of Q3 2025, the company is guiding for fourth-quarter sales between $790 million and $830 million, showing they are navigating the cyclical nature of the industry by focusing on advanced nodes.
• The company's long-term strategy is built on the premise that as devices become more complex, their expertise in materials science and purity becomes even more critical.

You can see their current strategic focus in their core principles: Mission Statement, Vision, & Core Values of Entegris, Inc. (ENTG).

Entegris, Inc. (ENTG) Ownership Structure

Entegris, Inc. (ENTG) is a publicly traded company on the Nasdaq Global Select Market (NasdaqGS), and its ownership structure is heavily weighted toward institutional investors, which is typical for a large-cap semiconductor materials supplier.

This institutional control means that major strategic decisions are defintely influenced by the interests of large asset managers like BlackRock, Inc. and The Vanguard Group, Inc., not just the day-to-day management team.

Entegris, Inc.'s Current Status

Entegris, Inc. operates as a public entity, trading under the ticker ENTG on the NasdaqGS. This status mandates high transparency through regular filings with the Securities and Exchange Commission (SEC), giving you clear visibility into its financial health and governance.

For the trailing twelve months (TTM) ending September 27, 2025, the company reported total revenue of approximately $3.22 billion, showing the scale of its operations in the advanced materials and process solutions space. The stock's price as of November 12, 2025, was $84.04 per share. If you want to dive deeper into who is driving the stock price, you can check out Exploring Entegris, Inc. (ENTG) Investor Profile: Who's Buying and Why?

Entegris, Inc.'s Ownership Breakdown

The company's ownership is overwhelmingly institutional, with nearly all shares held by funds and large financial entities. This concentration of ownership can lead to relative stability but also means a few large players can significantly impact the stock price with major trades.

Here's the quick math on who holds the equity as of late 2025:

Entegris, Inc.'s Leadership

The executive leadership team steers the company's strategy, particularly its focus on materials science and purity for the semiconductor industry. The company recently underwent a significant transition at the top, which is important for investors to note.

The key leadership structure as of November 2025 includes a new President and CEO who took the helm in Q3 2025:

• David Reeder: President and Chief Executive Officer (CEO). He was appointed in August 2025, bringing extensive financial and operational experience from the semiconductor industry.
• Bertrand Loy: Executive Chair of the Board. He stepped down as CEO in August 2025 after a 13-year tenure but remains to ensure a smooth transition through the end of the second quarter of 2026.
• Linda Lagorga: Senior Vice President and Chief Financial Officer (CFO).
• Dr. Jim O'Neill: Senior Vice President and Chief Technology Officer (CTO).

This new CEO appointment signals a fresh perspective, but the long-serving former CEO, Bertrand Loy, remaining as Executive Chair provides a valuable layer of continuity during this period of macroeconomic uncertainty and tariff impacts mentioned in the company's Q1 2025 report.

Entegris, Inc. (ENTG) Mission and Values

Entegris, Inc. (ENTG) grounds its long-term strategy in a clear mission to enable the world's most advanced technologies, which goes far beyond simply selling materials.

This commitment is codified in their PACE Values, a cultural framework that drives everything from R&D investment to global operations, ensuring their work is both high-integrity and high-performance. Honestly, their success is tied directly to how critical their materials science expertise is for next-generation semiconductors.

Entegris, Inc.'s Core Purpose

The company's purpose is to be the indispensable partner that enables technological breakthroughs, especially as device complexity increases and the need for material purity becomes ever more critical.

For context, their trailing twelve months (TTM) revenue as of Q3 2025 stood at approximately $3.22 billion, showing the scale of their impact in the high-tech supply chain. This is a multi-billion dollar operation built on purity.

Official Mission Statement

The mission is focused on solving the most demanding process challenges for their customers, which are the world's leading manufacturers of microelectronics and other advanced products. They are essentially the guardians of material integrity.

The core components of their mission are to help customers:

• Purify: Provide filtration solutions to remove contaminants from critical materials.
• Protect: Offer advanced packaging and handling solutions to safeguard materials during transport and storage.
• Transport: Develop systems for the safe and efficient movement of critical materials within manufacturing processes.
• Control: Focus on controlling critical environments, such as temperature and humidity, essential for high-yield production.

The formal statement is: To help our customers improve their productivity, performance, and technology by providing yield-enhancing materials and solutions for the most advanced manufacturing environments.

Vision Statement

The vision is a clear statement of market leadership, aiming to be the premier provider across all high-tech sectors they serve. This isn't just about growth; it's about being the first call when a complex, purity-related problem arises.

Entegris envisions becoming the world's leading provider of advanced materials and process solutions for high-tech industries. You can read more about this strategic direction at Mission Statement, Vision, & Core Values of Entegris, Inc. (ENTG).

Entegris, Inc.'s Core Values (PACE)

The company's culture is built around its PACE Values, an acronym that translates into four core pillars. These values ensure that as the company grows-with Q3 2025 net sales hitting $807.1 million and Non-GAAP diluted EPS at $0.72-the execution remains consistent and ethical.

• P: People and Teamwork: Treat people with respect in a collaborative environment that rewards team success.
• A: Accountability: Act honestly, accept responsibility to deliver results, and commit to openly communicate.
• C: Creativity: Encourage an environment where people share ideas, take risks, and turn them into business opportunities.
• E: Dedication to Excellence: Set high standards for performance and strive to be best in class through outstanding leadership at all levels.

Entegris, Inc. Slogan/Tagline

Their tagline succinctly captures their role at the foundation of the digital world.

• Enabling the Technologies that Transform the World.

Entegris, Inc. (ENTG) How It Works

Entegris, Inc. operates as a critical enabler of the high-technology world, providing the ultra-pure materials and contamination control solutions that are essential for manufacturing advanced semiconductors.

The company essentially makes it possible for chipmakers to achieve high production yields on the most complex microchips, which is crucial since a single speck of dust can ruin a wafer, especially with the industry moving to smaller, more advanced nodes.

Entegris, Inc.'s Product/Service Portfolio

Entegris's business is structured around two core segments that deliver process solutions and materials science expertise directly to the semiconductor fabrication process.

Entegris, Inc.'s Operational Framework

The company creates value by tightly integrating its materials science expertise with the customer's complex manufacturing process, focusing on purity and yield. This requires significant capital expenditure (CapEx), which was planned to be about $316 million for the 2025 fiscal year, similar to 2024.

Operational excellence is currently centered on two key initiatives: regionalization and R&D. Supply chain regionalization, including new manufacturing clusters in Asia (like Taiwan) and the United States (like the new Colorado Springs center), aims to reduce global supply chain disruptions and ensure speedy delivery to key markets.

• Invest in R&D: R&D spending increased by 14% in 2024 to support new product development in areas like molybdenum deposition and etching technologies, driving content per wafer increases.
• Focus on Advanced Nodes: The company's goal is to capitalize on advanced node transitions in logic and memory, which require higher-purity and more complex materials for smaller feature sizes.
• Prioritize Purity: Entegris's core value proposition is its ability to purify, protect, and transport critical materials, which is non-negotiable for high-yield chip production. Mission Statement, Vision, & Core Values of Entegris, Inc. (ENTG).

Entegris, Inc.'s Strategic Advantages

Entegris maintains its market success by leveraging its deep technical moats (a competitive advantage that makes it difficult for other firms to enter the market) and its entrenched position within the semiconductor ecosystem. Honestly, once your material is qualified in a fab, it's extremely hard to dislodge.

• Proprietary Technology: The company holds a robust patent portfolio, which acts as a significant barrier to entry for competitors, especially in highly specialized areas like CMP slurries and advanced filtration.
• Market Outperformance: For the 2025 fiscal year, Entegris aims to outperform the broader semiconductor market growth by 4-5 points, demonstrating its ability to gain market share even during industry softness.
• High Customer Stickiness: Their products are often mission-critical, meaning a failure can halt a multi-billion-dollar fab. This makes customers defintely reluctant to switch suppliers once a product is qualified, ensuring stable, recurring revenue.
• Financial Strength: Analysts anticipate a profit margin climb from 9.2% to 12.9% over the next three years, driven by operational improvements and leadership in advanced materials.

Entegris, Inc. (ENTG) How It Makes Money

Entegris, Inc. makes money by providing highly specialized, ultra-pure materials and contamination control solutions that are mission-critical for the world's leading semiconductor manufacturers. Essentially, they sell the advanced chemical and material inputs-plus the sophisticated filtration and handling systems-that ensure the microchips powering everything from your phone to advanced AI systems are built with zero defects.

You're investing in a company whose revenue is tied directly to the complexity and purity demands of the semiconductor fabrication process (fab). They make money not just from new factory builds (capital expenditure), but also from the ongoing, consumable nature of their materials in every single wafer processed (unit-driven demand). This dual revenue stream provides a solid foundation, but still faces cyclical swings in the broader chip market.

Entegris' Revenue Breakdown

As of the third quarter of 2025, Entegris operates primarily through two segments, with the Advanced Purity Solutions segment contributing the majority of the firm's net sales. For Q3 2025, total net sales were $807.1 million.

The Advanced Purity Solutions (APS) segment focuses on micro-contamination control, providing filters, purifiers, and fluid-handling products essential for keeping the manufacturing environment pristine. The slight decrease in its year-over-year (YoY) growth in Q3 2025, a drop of less than 1%, was mainly due to reduced sales from capital expenditure investments, which you see when chipmakers slow down new factory construction.

The Materials Solutions (MS) segment supplies the actual advanced materials used in the chip-making process, such as chemical mechanical planarization (CMP) slurries, specialty gases, and deposition materials. This segment showed resilience, with net sales increasing by 1% YoY in Q3 2025, fueled by higher sales of CMP consumables and cleaning chemistries.

Business Economics

The core economic engine of Entegris is built on two things: the high cost of failure in chip manufacturing and the increasing complexity of advanced semiconductor nodes. When a single wafer can be worth tens of thousands of dollars, a customer will pay a premium for a product that guarantees purity and yield. This gives Entegris significant pricing power.

• Value-Based Pricing: Entegris employs a value-based pricing strategy, where the price reflects the value provided in preventing multi-million dollar yield losses, not just the cost of goods. They are confident in mitigating cost pressures, like new tariffs, through pricing surcharges and regional sourcing.
• Content Per Wafer: The company's strategy is to significantly grow its 'content per wafer.' As devices become more complex, requiring more layers and smaller feature sizes (advanced nodes), chipmakers need more of Entegris' materials and purification steps, meaning more revenue per chip produced for Entegris.
• Strategic Investment: To support this growth, the company is prioritizing critical investments, targeting approximately $300 million in capital expenditures (CapEx) for 2025 to expand production capabilities and enhance its global footprint. This is a crucial move to de-risk the supply chain in the current trade environment.

This business model is sticky because their products are deeply embedded in the customer's process of record (POR), making it incredibly difficult and costly for a chipmaker to switch suppliers once qualified. It's a classic razor-and-blade model, where the equipment sales are the razor, and the consumables (materials and filters) are the high-margin, recurring blades.

Entegris' Financial Performance

The company's recent financial results show a business navigating a mixed semiconductor market-strong in advanced technologies but soft in other areas-while maintaining solid profitability. For the trailing twelve months (TTM) ending September 2025, the company reported total revenue of approximately $3.22 billion.

• Net Sales and Guidance: Q3 2025 net sales were $807.1 million, with the company guiding for Q4 2025 sales to be between $790 million and $830 million.
• Profitability Metrics: The GAAP gross margin for Q3 2025 was 43.5%, reflecting a slight decrease from the prior year, partly due to lower plant performance and volume deleveraging.
• Net Income and EPS: Net income for Q3 2025 was $70.5 million, with GAAP diluted Earnings Per Share (EPS) at $0.46.
• Cash Flow and Debt: Entegris delivered record operating cash flow in Q3 2025, and management is prioritizing free cash flow improvements and debt reduction, targeting net leverage below 4x.

The financial picture is one of a company focused on efficiency and long-term growth, even as it manages near-term headwinds from market softness and trade policy uncertainty. You can find more detail on the company's long-term strategy and values here: Mission Statement, Vision, & Core Values of Entegris, Inc. (ENTG).

Entegris, Inc. (ENTG) Market Position & Future Outlook

Entegris, Inc. is a critical enabler in the semiconductor supply chain, holding a dominant position in ultra-high-purity materials and contamination control solutions that are non-negotiable for next-generation chip fabrication. The company's future outlook is strong, driven by secular tailwinds from AI-enabled applications and the industry's relentless transition to more advanced process nodes.

Competitive Landscape

You need to see Entegris, Inc.'s market share in context. While its overall semiconductor materials market share is complex to pin down to a single number, its dominance in key niches is clear. For instance, in the critical global semiconductor liquid filter market, Entegris, Inc. is a clear leader, competing directly with the scale of a major conglomerate.

Opportunities & Challenges

The near-term environment is mixed, but the long-term opportunity is massive. Entegris, Inc. is making strategic bets on the most lucrative growth areas in chipmaking, but it still has to navigate geopolitical headwinds and semiconductor cyclicality.

Industry Position

Entegris, Inc. is defintely positioned as a defensive anchor within the semiconductor supply chain because a large portion of its revenue is recurring, driven by the continuous consumption of materials in existing fabs, not just new fab construction. This is a consumables model, not a capital equipment model. For the nine months ending September 27, 2025, the company reported total net sales of $2.3727 billion.

• Advanced Node Focus: The company's technology is present in over 70% of sub-7nm fabs worldwide, making it indispensable for leading-edge manufacturing.
• Margin Stability: Unlike capital equipment peers, Entegris, Inc. maintains stable profitability; for example, its gross margin has consistently held in the 44-46% range over the last five years.
• Growth Engine: The Advanced Purity Solutions (APS) segment, which includes materials critical for AI and high-performance computing (HPC), grew 9.6% in Q1 2025 (adjusted for divestitures), signaling where the future revenue is coming from.

You can see the institutional confidence in the stock, but you also need to understand the ownership structure. Exploring Entegris, Inc. (ENTG) Investor Profile: Who's Buying and Why? The company's focus on materials science and purity, rather than just equipment, gives it a unique, sticky relationship with major chipmakers like Taiwan Semiconductor Manufacturing Company.