Operating Income for MKS (MKSI)
According to MKS's latest reported financial statements, the company's current operating income (TTM) is $601.00M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MKSI
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$601.00M
YoY change
+13.5%
5Y CAGR
+4.5%
Peak year (2021)
$699.00M
Cumulative operating income
$3.58B
Operating Income history chart for MKS (MKSI) from 1998 to 2025
Operating Income history table for MKS (MKSI) from 1998 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $565.00M | +13.5% | +$67.00M | ||
| 2024 | $498.00M | -132.0% | +$2.05B | ||
| 2023 | -$1.55B | -351.9% | -$2.17B | ||
| 2022 | $617.00M | -11.7% | -$82.00M | ||
| 2021 | $699.00M | +54.0% | +$245.00M | ||
| 2020 | $454.00M | +106.6% | +$234.20M | ||
| 2019 | $219.80M | -55.5% | -$274.26M | ||
| 2018 | $494.06M | +21.5% | +$87.42M | ||
| 2017 | $406.63M | +158.6% | +$249.37M | ||
| 2016 | $157.27M | +0.4% | +$655,000 | ||
| 2015 | $156.61M | +15.9% | +$21.47M | ||
| 2014 | $135.14M | +131.5% | +$76.75M | ||
| 2013 | $58.39M | -21.3% | -$15.84M | ||
| 2012 | $74.22M | -59.9% | -$110.70M | ||
| 2011 | $184.93M | -5.4% | -$10.58M | ||
| 2010 | $195.51M | -213.9% | +$367.17M | ||
| 2009 | -$171.66M | -583.1% | -$207.19M | ||
| 2008 | $35.53M | -66.8% | -$71.45M | ||
| 2007 | $106.98M | -12.7% | -$15.56M | ||
| 2006 | $122.54M | +202.2% | +$81.99M | ||
| 2005 | $40.55M | -32.3% | -$19.36M | ||
| 2004 | $59.91M | -481.2% | +$75.63M | ||
| 2003 | -$15.72M | -63.5% | +$27.33M | ||
| 2002 | -$43.05M | -9.1% | +$4.31M | ||
| 2001 | -$47.36M | -151.7% | -$138.90M | ||
| 2000 | $91.53M | +230.5% | +$63.84M | ||
| 1999 | $27.70M | +201.1% | +$18.50M | ||
| 1998 | $9.20M | — | — |
Operating Income values are taken from MKS's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
MKS (MKSI) most recent annual operating income stands at $565.00M (2025) – grew 13.5% year-over-year.
Across 2020–2025 (5 years), MKS operating income produced a CAGR of +4.5% – sustaining 2 straight years of year-over-year growth.
Between 2021 and 2025, MKS operating income declined 19.2%, falling from $699.00M to $565.00M.
$699.00M stands as the all-time-high annual operating income, posted in 2021, against a low of -$1.55B during 2023.
Among 8 Technology peers, MKS (MKSI) ranks 8th; the peer median for operating income is $77.01B.
MKS Operating Income by Year
MKS Operating Income 2025: $565.00M
MKS operating income in 2025 was $565.00M, grew 13.5% from 2024.
MKS Operating Income 2024: $498.00M
MKS operating income in 2024 was $498.00M, plunged 132.0% below 2023.
MKS Operating Income 2023: -$1.55B
MKS operating income in 2023 was -$1.55B, plunged 351.9% below 2022. This figure represents the lowest annual value in the available history.
MKS Operating Income 2022: $617.00M
MKS operating income in 2022 was $617.00M, declined 11.7% below 2021.
MKS Operating Income 2021: $699.00M
MKS operating income in 2021 was $699.00M.
See more financial history for MKS (MKSI).
Sector peers — Operating Income
Companies in the same sector as MKS, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| TSMC (TSM) | $1.96T | Technology |
| Apple (AAPL) | $133.05B | Technology |
| NVIDIA (NVDA) | $130.39B | Technology |
| Microsoft (MSFT) | $128.53B | Technology |
| Broadcom (AVGO) | $25.48B | Technology |
| Micron Technology (MU) | $9.87B | Technology |
| AMD (AMD) | $3.69B | Technology |
| Intel (INTC) | -$23.00M | Technology |
Frequently asked questions
What is MKS's operating income?
Latest reported operating income for MKS (MKSI) is $601.00M (period ending March 31, 2026).
How has MKS operating income changed year-over-year?
MKS (MKSI) operating income changed +13.5% year-over-year on the latest annual filing.
What is the long-term growth rate of MKS operating income?
MKS (MKSI) operating income compound annual growth rate is +4.5% over the most recent 5 years available.
When did MKS operating income hit its highest annual value?
MKS operating income reached its highest annual value of $699.00M in 2021.
What was MKS operating income in 2024?
MKS (MKSI) operating income in 2024 was $498.00M.
What was MKS operating income in 2025?
MKS (MKSI) operating income in 2025 was $565.00M.
MKSI Key Financials
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
MKSI Overview
Company profile, financial tools, and key metrics
MKSI What If Invested
What if you had invested $1,000? See historical returns from any date.
MKSI How It Makes Money
Discover visual breakdown — where revenue comes from and where it goes.
MKSI Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MKSI Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
MKSI Daily Price Character
Explosive · 50.0% historical win rate (green days). Streaks & record days.
MKSI Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
MKSI Dividend Profile
Yield: 0.55%. Safety: 5/8. See full history.
MKSI Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MKSI Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
MKSI Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).