Kulicke & Soffa Industries Inc
Q1 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.06%.
Did KLIC Beat Earnings? Q1 2026 Results
Kulicke & Soffa delivered a strong fiscal first quarter, posting non-GAAP EPS of $0.44 against a $0.33 consensus estimate, a 33.33% beat, while revenue of $199.63 million topped expectations of $190.03 million by 5.05% and climbed 20.2% year over year. The gains were driven by increasing customer capacity requirements in semiconductor assembly, with gross margin holding at a healthy 49.6% and non-GAAP operating margin reaching 12.6%. The results build on a broader recovery across <a href="https://247wallst.com/investing/2026/01/29/kla-corporation-earnings-preview-what-to-watch-when-klac-reports-today/">semiconductor equipment spending</a> that has been gaining momentum heading into 2026. Interim CEO and CFO Lester Wong pointed to the company's expanding footprint in Power Semiconductor, Advanced Dispense, and Advanced Packaging technologies as key differentiators beyond traditional wire bonding. Looking ahead, management guided fiscal Q2 revenue to approximately $230 million, plus or minus $10 million, with non-GAAP diluted EPS of roughly $0.67, suggesting accelerating demand across automotive, compute, memory, and communications end markets. The strong forward outlook arrives even as some insiders trimmed positions following the report.
- Growing customer near-term capacity requirements
- Sequential revenue growth from $177.6M to $199.6M
- Gross margin of 49.6%
- Non-GAAP operating margin improvement to 12.6% from 6.6% in prior quarter
“As we continue preparing to support customers' higher near-term capacity requirements, we remain committed to broadening our market reach in parallel. Our prior investments in Power Semiconductor, Advanced Dispense, and Advanced Packaging, both Vertical Wire and Fluxless Thermo-Compression, strategically position us to further expand our market access over the long-term.”
Kulicke & Soffa CEO, on the earnings call
Forward Guidance & Outlook
K&S expects Q2 fiscal 2026 (ending April 4, 2026) net revenue of approximately $230 million +/- $10 million, GAAP diluted EPS of approximately $0.53 +/- 10%, and non-GAAP diluted EPS of approximately $0.67 +/- 10%. Non-GAAP operating expenses are expected at approximately $73.0 million +/- 2%. The guidance is based on approximately 52.0 million diluted weighted average shares outstanding and does not incorporate potential business combinations, divestitures, or unannounced restructuring activities.
KLIC YoY Financials
Figures from SEC filings and company reports. Not investment advice.