Kulicke and Soffa Industries (KLIC) Q2 2026 earnings summary

Executive summary

• Net revenue for Q2 2026 was $242.6 million, up from $161.99 million in Q2 2025 and $199.63 million in Q1 2026.

• Net income reached $35.1 million, with EPS of $0.66 per diluted share; non-GAAP net income was $42.1 million, or $0.79 per share.

• Demand exceeded expectations across semiconductor, memory, automotive, and industrial markets.

• Capital investment is ramping to support Advanced Solutions growth, particularly in Thermo-Compression Bonding (TCB) systems.

Financial highlights

• Gross margin for Q2 2026 was 49.3%.

• GAAP cash flow from operations was $10.3 million; adjusted free cash flow was $6.3 million.

• The company repurchased 3,000 shares for $0.1 million.

• Cash and cash equivalents at quarter-end were $337.9 million, with total cash, cash equivalents, and short-term investments at $487.9 million.

• Operating margin improved to 15.9% GAAP and 19.1% non-GAAP.

Outlook and guidance

• Q3 2026 revenue expected at $310 million +/- $20 million.

• GAAP diluted EPS guidance is $0.87 +/- 10%; non-GAAP diluted EPS is $1.00 +/- 10%.

• Capital expenditures for FY 2026 projected to rise from $12 million to $22 million, supporting up to $400 million in annual TCB system sales.