Kulicke and Soffa Logs $242.6M Q2 Revenue, Guides $310M±$20M Q3 Forecast
Kulicke and Soffa posted fiscal Q2 net revenue of $242.6M and GAAP EPS of $0.66 alongside non-GAAP EPS of $0.79, driving net income to $35.1M and gross margin to 49.3%. The firm raised fiscal 2026 capex to $22M for Thermo-Compression bonding system capacity and guided Q3 revenue at $310M±$20M.
1. Q2 Financial Results
Kulicke & Soffa reported fiscal Q2 net revenue of $242.6 million, up from $162.0 million a year earlier. The company achieved GAAP net income of $35.1 million ($0.66 EPS) and non-GAAP net income of $42.1 million ($0.79 EPS), with gross margin at 49.3% and operating cash flow of $10.3 million.
2. Capex Increase and Future Guidance
Management raised fiscal 2026 capital expenditures to approximately $22 million to expand production of Thermo-Compression bonding systems aimed at supporting $400 million in annual sales. For Q3 ending July, the company forecasts revenue of $310 million ± $20 million, GAAP EPS of $0.87 ± 10%, and non-GAAP EPS of $1.00 ± 10%.