canar.ai
Rankings/MKSI/Q3 2025 Analysis

Mks Inc

MKSI
Q3 2025(MKSI Q2 FY2025)Estimated9% AI
AI Revenue %
9%
AI Fair Value
$1.0B
AI Revenue (Q)
$157.9M
Total Revenue (Q)
$1.8B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q2 FY2025 total revenue $973M. No end-market disaggregation in truncated Q2 2025 filing. Revenue growing sequentially (+4% QoQ), suggesting semiconductor recovery. Estimated semiconductor share ~43-44%. AI share of semiconductor capex estimated ~21-22%. Conservative: 43% x 21% = 9.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Total net revenues $973M for Q2 2025
10-Q filed 2025-06-30, Condensed Consolidated Statements of Operations
FY2024 Semiconductor end market $1,498M of $3,586M total (41.8%)
10-K filed 2024-12-31, Note 21 Revenue Disaggregation

AI Products Identified (Ring 1)

Process control instruments for advanced node fabricationVacuum/gas delivery for AI chip deposition/etchElectronic packaging materials for CoWoS/HBM advanced packaging

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

General semiconductor manufacturing instrumentsSpecialty chemicalsIndustrial laser systems

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix