Mks (MKSI) Operating Expenses (2009 - 2026)
Mks' (MKSI) quarterly Operating Expenses came in at $282.0 million in Q2 2026, up 10.16% year-over-year from $256.0 million in Q2 2025, and up 2.92% quarter-over-quarter from $274.0 million in Q1 2026.
Analysis
Mks (MKSI) Operating Expenses (2009 - 2026) Analysis & Trends
Mks has disclosed Operating Expenses across 18 years of filings, most recently posting $282.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 10.16% year-over-year to $282.0 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 7.72% YoY), while the FY2025 annual figure was $1.2 billion, up 9.46% from the prior year.
- Operating Expenses came in at $282.0 million for Q2 2026 at Mks, up from $274.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $282.0 million in Q2 2026 to a low of $152.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $241.2 million, with a median of $248.0 million recorded in 2023.
- Year-over-year, Operating Expenses surged 65.79% in 2023 and fell 11.24% in 2024.
- Over 5 years, Operating Expenses stood at $253.0 million in 2022, then declined by 6.32% to $237.0 million in 2023, then grew by 2.95% to $244.0 million in 2024, then gained by 11.89% to $273.0 million in 2025, then rose by 3.3% to $282.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $282.0 million in Q2 2026, $274.0 million in Q1 2026, and $273.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 384.96 Bn | 379.38 Bn | 3.48 Bn | 965.25 Mn |
| 2 | Applied Materials | 360.86 Bn | 351.62 Bn | 4.59 Bn | 1.51 Bn |
| 3 | Kla | 242.58 Bn | 240.93 Bn | 2.24 Bn | 690.50 Mn |
| 4 | Mks | 17.60 Bn | 16.99 Bn | 595.00 Mn | 282.00 Mn |
| 5 | Onto Innovation | 13.13 Bn | 11.25 Bn | 183.25 Mn | 119.70 Mn |
| 6 | Nova | 11.83 Bn | 11.20 Bn | 144.16 Mn | 67.98 Mn |
| 7 | Camtek | 6.68 Bn | 6.38 Bn | 66.70 Mn | 39.48 Mn |
| 8 | ACM Research | 4.81 Bn | 4.02 Bn | 134.62 Mn | 84.88 Mn |
| 9 | Kulicke & Soffa Industries | 4.27 Bn | 3.75 Bn | 157.95 Mn | 89.68 Mn |
| 10 | Axcelis Technologies | 3.55 Bn | 3.15 Bn | 91.19 Mn | 70.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 282.00 Mn |
| Mar 31, 2026 | 274.00 Mn |
| Dec 31, 2025 | 273.00 Mn |
| Sep 30, 2025 | 260.00 Mn |
| Jun 30, 2025 | 256.00 Mn |
| Mar 31, 2025 | 271.00 Mn |
| Dec 31, 2024 | 244.00 Mn |
| Sep 30, 2024 | 240.00 Mn |
| Jun 30, 2024 | 229.00 Mn |
| Mar 31, 2024 | 243.00 Mn |
| Dec 31, 2023 | 237.00 Mn |
| Sep 30, 2023 | 241.00 Mn |
| Jun 30, 2023 | 258.00 Mn |
| Mar 31, 2023 | 252.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Sep 30, 2022 | 220.00 Mn |
| Jun 30, 2022 | 157.00 Mn |
| Mar 31, 2022 | 152.00 Mn |
| Dec 31, 2021 | 156.00 Mn |
| Sep 30, 2021 | 156.00 Mn |