Kulicke & Soffa Reports Financial Results for Q1 2026
On February 4, 2026, Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC), a global leader in semiconductor assembly technology, announced its financial performance for the first quarter of fiscal year 2026, ending January 3, 2026. The company reported a net revenue of $199.6 million, a significant increase compared to the $166.1 million reported for the same quarter last year. This growth underscores the company’s resilience and competitive positioning in a rapidly evolving market.
Key Financial Highlights
- - Net Income: Kulicke & Soffa achieved a net income of $16.8 million, translating to earnings per share (EPS) of $0.32 on a fully diluted basis. This reflects a steady upward trend, although it marks a decrease from $81.6 million or EPS of $1.51 from the previous year’s first quarter.
- - Non-GAAP Results: For a deeper insight into its performance, the company reported a non-GAAP net income of $23.1 million, with a non-GAAP EPS of $0.44. These figures illustrate a strong operational capability adjusted for unique expenses.
- - Gross Margin: The gross margin stood at an impressive 49.6%, indicative of efficient cost management and product pricing strategies.
Operational Performance
In terms of operational cash flow, the company experienced a cash outflow of $(8.9) million. The adjusted free cash flow was $(11.6) million, largely impacted by strategic investments made in research and development. Despite these figures, Kulicke & Soffa remains focused on expanding its capabilities to meet increasing market demands, particularly in the power semiconductor, advanced dispense, and advanced packaging sectors.
Lester Wong, the interim Chief Executive Officer and Chief Financial Officer of Kulicke & Soffa, mentioned, "Our commitment to enhance customer capacity requirements while broadening our market presence is firm. The investments we made previously position us well for sustained growth."
Forward Outlook
Looking ahead, Kulicke & Soffa projects a net revenue of approximately $230 million for the second quarter of fiscal 2026, with projected EPS of around $0.53 on a GAAP basis and $0.67 on a non-GAAP basis. This guidance portrays optimism as the company anticipates positive customer sentiment and increased demand.
Conference Call Details
Investors and interested parties are invited to join a webcast scheduled for February 5, 2026, at 8:00 AM ET, where company executives will discuss these results and provide further insights into future strategies. The live session can be accessed through the investor relations section of the Kulicke & Soffa website, with a dial-in option available for participants who prefer audio-only engagement.
About Kulicke & Soffa
Established in 1951, Kulicke & Soffa has carved out a leading position in the semiconductor assembly market, primarily focusing on automotive, industrial, and memory sectors. The company’s innovation-centric culture has been essential in addressing dynamic challenges in semiconductor manufacturing, thus ensuring long-term value creation for its shareholders and clients alike.
Conclusion
Kulicke & Soffa’s Q1 2026 results exemplify its robust business model and strategic investments aimed at extending its market reach. As the company navigates the evolving landscape of the semiconductor industry, these results are just the beginning of what promises to be a fruitful year ahead. Investors and stakeholders will be watching closely as Kulicke & Soffa continues to adapt and thrive in an increasingly competitive market.