Kulicke And Soffa Industries Stock Earnings Reports

Kulicke & Soffa reported stronger-than-expected demand and a significant sequential revenue rebound in fiscal Q2 2026, driven by general semiconductor, memory, and automotive/industrial end markets. Utilization is highest in China (~92%) and strong across Korea, Japan and Taiwan; Southeast Asia is improving but softer. Memory shipments jumped 93% sequentially (focused on NAND today; DRAM opportunities targeted with new solutions). Fluxless Thermo-Compression (TCB) is a key growth engine—management expects TCB revenue to grow at least 70% sequentially in FY26 to exceed $100 million, and is investing to expand Advanced Solutions production capacity to support roughly $400 million of annual TCB revenue over time. The company reported gross margin of 49.3%, GAAP EPS $0.66 and non-GAAP EPS $0.79 for the quarter, and guided June-quarter revenue of ~$310 million (+28% sequential), GAAP EPS $0.87 and non-GAAP EPS $1. Non-GAAP operating expense guidance is $85 million (increase driven by variable compensation and hiring to support growth). Capital expenditures of ~$20 million are planned for the TCB capacity expansion (about $12 million in FY26). Management emphasized continued R&D investment in hybrid bonding, panel-level architectures, vertical wire memory, power packaging (Asterion-TW), and advanced dispense solutions (ACELON), positioning the company to pursue share gains and new markets (OSATs, foundries, IDMs, fabless customers). Overall tone: confident in near-term momentum and execution, with active capacity and product investments to capture accelerating demand.