ENTG · 10-K filed 11 Feb 2026 · year to 31 Dec 2025

Entegris

31 named things its latest annual report says its results depend on, each in the company's own words. 19 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

Top ten customers

concentrated in · 50%named as a risk

Our top ten customers accounted for 50%, 48% and 43% of our net sales in 2025, 2024 and 2023, respectively.Risk factors (Item 1A)

Also named by BGC, CBOE, CVLG, FBIN, HUBB, LPX, MEDP, MU and 9 more

Taiwan Semiconductor Manufacturing Co. (TSMC)

earns from · 16%named as a risk

Taiwan Semiconductor Manufacturing Company (TSMC) 16% 16% 11%Business (Item 1)

Also named by ADI, ALAB, AMD, AVGO, CRWV, FTNT, INTC, KLAC and 6 more

Other companies

SCF Partners, Inc.

up to $25.0 million in cash earn-out payments

The Company received gross cash proceeds of $263.2 million, or net proceeds of $256.2 million, and up to $25.0 million in cash earn-out payments contingent upon the performance of the PIM business in 2025 and 2026.Business (Item 1)

Competitors

Qnity Electronics, Inc.

competes with

Shin-Etsu Polymer Co. Ltd. Qnity Electronics, Inc.Business (Item 1)

Also named by CTVA, DD, ESI

Linde plc

competes with

Gudeng Precision Industrial Linde plcBusiness (Item 1)

Also named by APD, CF

Merck KGaA (EMD Performance Materials)

competes with

Pall Corporation (part of Danaher Corporation) EMD Performance Materials division of Merck KGaABusiness (Item 1)

Also named by Q

Pall Corporation (Danaher)

competes with

Pall Corporation (part of Danaher Corporation) EMD Performance Materials division of Merck KGaABusiness (Item 1)

Shin-Etsu Polymer Co. Ltd.

competes with

Shin-Etsu Polymer Co. Ltd. Qnity Electronics, Inc.Business (Item 1)

Air Liquide

competes with

Cobetter Filtration Electronics Advanced Materials division of Air LiquideBusiness (Item 1)

Anji Microelectronics (Shanghai) Co., Ltd

competes with

Aicello Corporation Anji Microelectronics (Shanghai) Co., LtdBusiness (Item 1)

Places

China

earns from · approximately 21% of our sales in 2025named as a risk

Over the last several years, the U.S. and other governments have significantly expanded export controls on certain technologies and commodities to certain markets, particularly with respect to semiconductor and other high technology exports to China, a market which represented approximately 21% of our sales in 2025.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

International sales (outside U.S.)

earns from · approximately 82%named as a risk

Sales to customers outside the U.S. accounted for approximately 82%, 79% and 75% of our net sales in 2025, 2024 and 2023, respectively.Risk factors (Item 1A)

Also named by AEHR, AMD, AME, ATI, AVAV, CRS, FSS, HLIO and 5 more

Taiwan

concentrated innamed as a risk

Our customer base is also geographically concentrated, particularly in Taiwan, Korea, Japan, China and the U.S.Risk factors (Item 1A)

Also named by AAOI, AAPL, AB, ADI, AEHR, ALAB, AMAT, AMD and 50 more

Japan

concentrated innamed as a risk

Our customer base is also geographically concentrated, particularly in Taiwan, Korea, Japan, China and the U.S.Risk factors (Item 1A)

Also named by A, AAPL, AFL, AMKR, ANET, BMY, BSX, CAT and 25 more

South Korea

concentrated innamed as a risk

Our customer base is also geographically concentrated, particularly in Taiwan, Korea, Japan, China and the U.S.Risk factors (Item 1A)

Also named by AAPL, ALAB, AMAT, BE, BWA, CPNG, CROX, FAST and 11 more

Colorado Springs, Colorado

operates in

The Colorado Springs facility will increase service levels to new U.S. fabs and provide greater manufacturing resiliency through enhanced business continuity, while our KSP facility will enhance our ability to serve our customers efficiently and effectively in Taiwan and other Asia Pacific locations.Business (Item 1)

Also named by KEYS, TROW

Kaohsiung Science Park, Taiwan

operates in

Recent examples of this strategy include our new facilities in Kaohsiung Science Park (“KSP”) in Taiwan and in Colorado Springs as well as our new Korea Technology Center in South Korea.Business (Item 1)

Hazards

China-Taiwan geopolitical tensions

named as a risk

geopolitical tensions or conflicts, such as Russia’s invasion of Ukraine, the ongoing conflict in the Middle East, and tensions between China and Taiwan and between China and the U.S.;Risk factors (Item 1A)

Also named by PRU

Asia transportation and infrastructure disruptions

operates innamed as a risk

Disruptions to transportation routes, ports, air freight capacity, or regional infrastructure in Asia (including in locations where we or our suppliers manufacture or where key customers operate) could further delay deliveries, increase costs, or reduce our ability to serve customers.Risk factors (Item 1A)

Commodities and inputs

Foreign currencies (KRW, TWD, CNY, JPY and others)

exposed to its price · Approximately 17.5%named as a risk

Approximately 17.5% and 16.7% of the Company’s sales during 2025 and 2024, respectively, were collectively denominated in the South Korean won, New Taiwan dollar, Chinese renminbi, Canadian dollar, Malaysian ringgit, Singapore dollar, euro, Israeli shekel and the Japanese yen.Market risk (Item 7A)

Also named by ADSK, BR, EXPE, MGNI, MRNA, ON, SYK, UAL and 1 more

Petroleum coke

depends onnamed as a risk

For example, we rely on single, sole or limited source suppliers for certain raw materials that are critical to manufacturing our products, such as plastic polymers, filtration membranes, abrasive particles, petroleum coke and other materials.Risk factors (Item 1A)

Also named by EXP, MLM

Filtration membranes

depends onnamed as a risk

Polymer resins

depends onnamed as a risk

However, certain raw materials and components—such as certain filtration membranes and polymer resins in our APS segment and certain engineered abrasive particles, specialty and commodity chemicals and petroleum coke in our MS segment—are obtained from a single source, a limited group of suppliers or from suppliers in a single country.Business (Item 1)

Engineered abrasive particles

depends onnamed as a risk

Regulators

U.S. Department of Commerce

subject tonamed as a risk

For example, we have entered into a direct funding agreement with the U.S. Department of Commerce to receive a grant under the U.S. CHIPS and Science Act of 2022.Risk factors (Item 1A)

Also named by AIR, ALAB, AMKR, AXON, DELL, DLTR, FSLR, INTC and 9 more

Laws and programs

OECD global minimum tax (Pillar Two)

subject to · 15%named as a risk

For example, the OECD introduced the Base Erosion and Profit Shifting 2.0 project that seeks to impose a global minimum income tax rate of 15%.Risk factors (Item 1A)

Also named by AAPL, APP, ARW, AXP, BAC, BALL, CB, CBRE and 15 more

U.S. CHIPS and Science Act

subject to · up to $77.0 million in fundingnamed as a risk

In December 2024, we announced a definitive agreement providing for up to $77.0 million in funding under the CHIPS and Science Act in connection with our Colorado Springs facility, with installments of such award based on key milestone achievements.Business (Item 1)

Also named by AMKR, AVGO, COHR, J

U.S. tariffs

subject tonamed as a risk

Because of the recent tariffs and other trade restrictions, we have experienced increased and additional costs with respect to our import and export of such materials, finished goods, and products, and we may continue to experience these costs.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

PFAS restrictions

subject tonamed as a risk

Proposed regulations under consideration could require that we transition away from the usage of PFAS-containing products, which could adversely impact our business, operations, revenue, costs, and competitive position.Risk factors (Item 1A)

Also named by ADI, KLAC, PII, THO

U.S. export controls on semiconductor exports to China

subject tonamed as a risk

These and other regulations have reduced our ability to sell our products to customers in China and it is possible future regulation could further reduce demand for our products.Risk factors (Item 1A)

China export restrictions on critical materials and minerals

subject tonamed as a risk

Furthermore, government authorities may take retaliatory actions, impose conditions that require the use of local suppliers or partnerships with local companies, increase tariff and other customs costs, impose export restrictions on raw materials and components, such as the restrictions imposed on critical materials and minerals by China in 2025, or require the license or other transfer of intellectual property, which could have a significant adverse impact on our business.Risk factors (Item 1A)