Highest-materiality recent filing
MKS shareholders approve 6.2M share increase in 2022 Stock Incentive Plan
Shareholders approved amended 2022 Stock Incentive Plan, increasing authorized shares by 6,200,000.
MKS Q1 2026 revenue $1.078B beats guidance; GAAP EPS $1.18, Non-GAAP $2.30
Revenue of $1,078 million, at the high end of guided range.
General Counsel Kathleen Burke to retire; effective June 1, 2026
Kathleen F. Burke will retire as EVP, General Counsel and Secretary on June 1, 2026.
MKS Q4 revenue $1.033B, GAAP EPS $1.58, Non-GAAP EPS $2.47; refinances debt with €1.0B notes
Q4 revenue of $1.033B; GAAP net income $108M ($1.58 diluted EPS).
MKS closes €1B notes offering, refinances $2.2B term loan; expects $27M annual interest savings
Issued €1.0B of 4.250% senior notes due 2034; net proceeds with cash prepaid $1.3B of existing USD term loan.
MKS prices €1.0B 4.250% senior notes due 2034 to refinance term loans
€1.0B aggregate principal, 4.250% coupon, maturing February 15, 2034.
MKS raises Q4 guidance, plans $2.2B term loan refinancing to reduce interest, extend maturities
Updated Q4 2025 guidance: revenue ~$1,030M (midpoint up $40M), GAAP net income ~$106M, Adj. EBITDA ~$248M.
MKS Q3 revenue $988M, GAAP EPS $1.10, non-GAAP EPS $1.93; net leverage 3.9x
Revenue $988M at high end of guidance; GAAP net income $74M ($1.10 diluted EPS).
MKS Q2 revenue $973M above guidance; GAAP EPS $0.92, non-GAAP EPS $1.77
Revenue of $973M exceeded high end of guidance; GAAP net income $62M ($0.92 diluted EPS).
MKS Instruments appoints James Schreiner as COO, shareholders approve name change to MKS Inc.
James Schreiner named EVP & COO effective Aug 1, 2025; salary raised to $600k from $510k.
MKS Q1 rev $936M at high end; Non-GAAP EPS $1.71 above guidance
Revenue $936M at high end of guidance; GAAP net income $52M ($0.77 diluted EPS).
MKS Instruments Reports Q4 2024 Revenue of $935M, Above Guidance Midpoint
Q4 2024 revenue of $935 million, above midpoint of guidance
MKS Instruments reprices $2.5B USD and €0.6B term loans; makes $100M voluntary prepayment
Reduced USD tranche margin from SOFR+225bp to SOFR+200bp; EUR tranche from EURIBOR+275bp to EURIBOR+250bp.
MKS Instruments Board adopts bylaw amendments to declassify board by 2028
Board declassification phased over three years starting at 2026 annual meeting, fully annual elections by 2028.
MKS Instruments Q3 revenue $896M, non-GAAP EPS $1.72 beats high-end guidance
Q3 revenue $896M at high end of guidance; GAAP net income $62M ($0.92 EPS).
MKS Instruments appoints Wissam Jabre (EVP/CFO of Western Digital) to board
Wissam Jabre, EVP/CFO of Western Digital, appointed as Class III director effective Nov. 4, 2024.
MKS Instruments appoints Ram Mayampurath as CFO effective Oct 14, 2024
Ram Mayampurath appointed EVP, CFO and Treasurer, effective October 14, 2024.
MKS Instruments Q2 revenue $887M at high end; adjusted EPS $1.53 beats guidance
Revenue of $887M (high end of guidance); GAAP net income $23M, EPS $0.33.
MKS Instruments reprices $3.4B term loans, reduces margins, prepays $110M
Reduced USD Term Loan B margin from 2.50% to 2.25% (SOFR) and EUR Term Loan B margin from 3.00% to 2.75% (EURIBOR).
MKS Instruments posts June 2024 investor presentation on its IR website
Presentation titled 'Foundational Technologies for a Connected World' available at https://investor.mks.com/events-and-presentations.
MKS Instruments closes $1.4B convertible note offering; proceeds to repay term loan
Issued $1.4B of 1.25% convertible senior notes due June 1, 2030; net proceeds $1.374B.
MKS Instruments prices $1.2B 1.25% convertible notes due 2030; upsized from $1.0B
$1.2B aggregate principal of 1.25% convertible senior notes due 2030; initial purchasers can buy additional $200M.
MKS Instruments proposes $1.0B convertible senior notes due 2030 to repay term loan
Offers $1.0B aggregate principal of convertible senior notes due 2030 in private placement.
MKS Instruments Q1 revenue $868M, non-GAAP EPS $1.18 beat guidance
Q1 2024 revenue $868M (above midpoint); GAAP net income $15M, EPS $0.22.
MKS Instruments amends COO's contract; extends Berlin expat assignment through Aug 2025
COO James Schreiner's expatriate service bonus replaced with $850K RSUs (60% vest Aug 2024, 40% Aug 2025).
MKS Instruments CFO Seth Bagshaw retires; CEO John Lee assumes interim CFO role
Seth H. Bagshaw retired as EVP, CFO & Treasurer on April 1, 2024; remains special advisor until May 1, 2024.
MKS Instruments increases revolver by $175M to $675M
Third Amendment to Credit Agreement executed Feb 13, 2024, expanding credit line.
Michelle McCarthy to replace Seth Bagshaw as principal accounting officer; Bagshaw remains CFO until retirement on April 1, 2024.
MKS Q4 revenue $893M beats guidance; GAAP loss $68M, non-GAAP EPS $1.17
Revenue $893M exceeded high-end guidance; GAAP net loss $68M ($1.02/sh) includes impairments.
MKS refinances $744M term loans; extends maturity to 2029, expects 30-35 bps cost savings
Borrowed $490M incremental USD tranche B and €250M incremental Euro tranche B loans.
MKS Instruments CFO Seth Bagshaw to retire effective April 1, 2024
Seth H. Bagshaw, EVP, CFO and Treasurer, will retire April 1, 2024, after 18 years at MKS.
MKS Instruments Q3 Non-GAAP EPS $1.46 beats guidance; Q4 revenue outlook $840M
Revenue $932M in-line; GAAP EPS $0.58, Non-GAAP EPS $1.46 above guidance high-end.
MKS Instruments reprices $3.6 billion term loan, rate reduced to SOFR + 250bps
Repriced $3.6B senior secured tranche B term loan; margin cut from SOFR+275bps to SOFR+250bps.
MKS Instruments Q2 revenue $1.0B, GAAP loss $26.47/sh on impairment, non-GAAP EPS $1.32 beat
Revenue $1.0B, up 26% sequentially and above midpoint of guidance.
Carlyle entities price 2M share secondary offering of MKS common stock at $96.76/share
Selling stockholders (Carlyle affiliates) to sell 2,000,000 shares at $96.76 per share.
MKS Instruments shareholders re-elect two directors, approve say-on-pay, ratify PwC
Re-elected Class III directors Peter J. Cannone III (58.5M for, 2.1M withheld) and Joseph B. Donahue (57.0M for, 3.6M withheld).
MKS Instruments Q1 GAAP net loss $0.64/shr; revenue $794M; ransomware ops restored
Revenue $794M for Q1 2023; GAAP net loss per diluted share $0.64.
MKS Instruments Q4 revenue $1.09B beats guidance; ransomware to cut Q1 revenue by at least $200M
Q4 revenue $1.09B (record, +42% YoY), GAAP EPS $0.81, non-GAAP EPS $2.00, all above guidance.
MKS reschedules earnings due to ransomware; Vacuum & Photonics divisions materially impacted
Ransomware event identified Feb 3; Q4/FY 2022 earnings call rescheduled to Feb 28, 2023.
MKS Instruments discloses ransomware incident; temporarily suspends operations at certain facilities
On Feb 3, 2023, MKS identified a ransomware event and activated incident response and business continuity protocols.
MKS Instruments revises end market classifications in Q4 2022; presentation posted
Published updated Net Revenues by End Market & Division presentation reflecting classification changes.
MKS Instruments announces Q3 2022 results; details in unattached press release
Filed 8-K on Nov 2, 2022 for quarter ended Sept 30, 2022.
MKS Instruments posts supplemental historical financial data following Atotech acquisition
Presentation includes historical financial information for MKS and Atotech (acquired Aug 17, 2022).
Amendment No. 1 to Original Form 8-K adds audited Atotech financials for 2020-2021 and unaudited interim H1 2022 financials incorporated by reference from prior SEC filings.
MKS Instruments discloses $5.58M severance for Geoff Wild upon Atotech acquisition closing
Severance total of $5,576,068 becomes determinable upon August 17, 2022 acquisition close.
MKS closes $4.4B Atotech acquisition; appoints new division COO and director
Acquired Atotech on Aug 17, 2022, for ~$4.4B aggregate consideration (cash + stock).
MKS Instruments receives China SAMR approval for Atotech acquisition; closing set Aug 17
Unconditional merger approval from China's State Administration for Market Regulation (SAMR).
MKS Instruments Q2 record revenue $765M, semicon revenue record $515M, EPS beats
Revenue $765M (record, +3% seq); Semiconductor Market revenue $515M (record, +19% YoY).
Shareholders approve 2022 stock plan authorizing 6.2M shares; re-elect three directors
Approved 2022 Stock Incentive Plan with 48.1M for, 2.3M against; up to 6,200,274 shares authorized for issuance.
Revenue $742M, up 7% YoY; GAAP net income $143M (+17%); non-GAAP net earnings $151M (+6%).
appointed David P. Henry, who currently serves as Executive Vice President, Operations and Corporate Marketing, to serve as Executive Vice President, Global Strategic Marketing and General Manager, Materials Solutions Division, effective as of August 1, 2025.
appointed James A. Schreiner, age 63, who currently serves as Executive Vice President and Chief Operating Officer, Materials Solutions Division, to serve as Executive Vice President and Chief Operating Officer, effective as of August 1, 2025.
On November 4, 2024, the Board of Directors (the “Board”) of MKS Instruments, Inc. (the “Company”) appointed Wissam Jabre as a Class III Director, effective November 4, 2024, to serve until the 2026 Annual Meeting of Shareholders.
On August 5, 2024, the Board of Directors of MKS Instruments, Inc. (the “Company”) appointed Ramakumar Mayampurath to serve as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective October 14, 2024.
Following Mr. Bagshaw’s retirement, on April 1, 2024, John T.C. Lee, President and Chief Executive Officer of the Company, assumed the role of principal financial officer of the Company on an interim basis while the Company continues its search for Mr. Bagshaw’s successor.
As previously announced, on April 1, 2024, Seth H. Bagshaw retired as Executive Vice President, Chief Financial Officer and Treasurer of MKS Instruments, Inc. (the “Company”).
On February 5, 2024, the Board of Directors (the “Board”) of MKS Instruments, Inc. (the “Company”) appointed Michelle M. McCarthy to serve as Vice President and Chief Accounting Officer of the Company, effective March 4, 2024.
Mr. Bagshaw will continue to serve as the principal financial officer of the Company until his previously announced retirement as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective April 1, 2024.
On December 1, 2023, Seth H. Bagshaw, Executive Vice President, Chief Financial Officer and Treasurer of MKS Instruments, Inc. (the “Company”) notified the Company that he intends to retire as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective April 1, 2024.
Mr. Wild’s employment by Alpha US terminated immediately prior to the closing of the Acquisition.
Geoff Wild’s appointment as a Class III Director of the Company became effective.
Mr. Schreiner’s appointment as Senior Vice President and Chief Operating Officer, Materials Solutions Division, became effective.
Max materiality 0.95 · Median 0.65 · Most common event earnings