Kulicke And Soffa Industries, Inc. · NASDAQ:KLIC
Kulicke And Soffa Industries — Q1 2026 Earnings Presentation
17 slides from Kulicke And Soffa Industries's earnings presentation, Feb 5, 2026
Slide 1: Quarterly Earnings Review Q1F26
Kulicke & Soffa Nasdaq: KLIC Quarterly Earnings Review Q1F26 Ended January 3, 2026 February 5, 2026 1
Slide 2: Safe Harbor
Earnings Review Safe Harbor In addition to historical statements, this presentation contains statements relating to future events and our future results based on management’s expectations as of February 4, 2026. These statements are “forward-looking” statements within the meaning of the Private Secu
Slide 3: Q1F26 Update: Internally Focused & Optimized for Growth
Q1F26 Update Internally Focused & Optimized for Growth Overview Q1F26 Results • Demand growth — faster & stronger than expected Revenue $199.6M ◦ Led by General Semiconductor & Memory Net Income $16.8M ◦ Data center - a critical driver to the incremental Non-GAAP Net Income* $23.1M outlook EPS $0.32
Slide 4: Q1F26 Revenue Composition
Revenue per quarter (millions USD) Q1F26 Revenue Composition Quarter Avg = Period avg over 5 preceding years As a percent of total Company revenue By End Market General Semi Auto & Industrial Memory APS $200 80.0% $100 40% $50 20% $100 30% 125 $100 $50 $25 $50 45 16 14 $— —% $— —% $— —% $— —% 1Q 1Q2
Slide 5: Q1F26 Update: Aligned with Technology Transitions
Q1F26 Update Aligned with Technology Transitions ThermoCompression Advanced Dispense • Broadening customer adoption of Fluxless • Expanding portfolio with ACELONTM ThermoCompression (FTC) • Recurring & new customer interest • HBM system shipped Q1F26 • Adjacent opportunities across served markets •
Slide 6: Q1F26 Financial Results
Q1F26 Financial Results $199.6M Higher revenue drove higher Up 12.4% Q/Q EPS $74.2M Up $4.4M Q/Q Delivering on technology & capacity requirements 12.6% Operational model beginning highlight leverage $0.44 *Please see Non-GAAP Reconciliation for a reconciliation of non-GAAP financial measures to the
Slide 7: Income Statement
Income Statement Q1F26 Summary Items $Millions, except %, EPS, and share count Q1F25 4Q25 Q1F26 Q/Q Y/Y Revenue $166.1 $177.6 $199.6 $22.0 $33.5 Gross Margin 52.4% 45.7% 49.6% 390 bps -280 bps Operating Expenses $0.4 $80.3 $81.1 $0.8 $80.7 Operating Income $86.6 $0.9 $17.8 $16.9 $(68.8) Non-GAAP Net
Slide 8: Balance Sheets & Cash Flow
Balance Sheets & Cash Flow Q1F26 Summary Items $Millions Q1F26 Q4F25 Q3F25 Q2F25 Q1F25 Accounts and Other Receivables $215.8 $183.5 $173.8 $173.9 $247.9 Inventory $176.5 $160.2 $158.3 $155.7 $185.1 Accounts Payable $68.9 $57.2 $52.7 $48.4 $49.0 Net Cash* $284.3 $322.5 $368.0 $398.5 $369.2 Working Ca
Slide 9: Outlook Q2F26
Outlook Q2F26 Operational model $230M demonstrating leverage +/- $10M potential $73.0M +/- 2% Strengthening General Semi & Memory dynamics * 49.0% +/- 100 bps Ramping production as demand broadens $0.67 +/- 10% *Please see Non-GAAP Reconciliation for composition of Non-GAAP guidance items. 9
Slide 10: Earnings Review Q&A
Earnings Review Q&A For additional information investor.kns.com investor@kns.com
Slide 11: Non-GAAP Reconciliations: Income from Operations and Operating Margin
Non-GAAP Reconciliations Reconciliation of U.S. GAAP to Non-GAAP Income from Operations and Operating Margin (In thousands, except percentages) (Unaudited) Three months ended December 28, January 3, 2026 2024 October 4, 2025 Net revenue $ 199,625 $ 166,124 177,558 U.S. GAAP income from operations 17
Slide 12: Non-GAAP Reconciliations: Operating Expenses
Non-GAAP Reconciliations Reconciliation of U.S. GAAP to Non-GAAP Operating Expenses (In thousands) (Unaudited) Three months ended January 3, December 28, October 4, 2026 2024 2025 U.S. GAAP operating expenses $ 81,135 $ 435 $ 80,322 Total Non-GAAP adjustments Equity-based compensation - Selling, gen
Slide 13: Non-GAAP Reconciliations: Net Income and Net Margin
Non-GAAP Reconciliations Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income and Non-GAAP Net Margin and U.S. GAAP net income per share to Non-GAAP net income per share (In thousands, except percentages and per share data) (Unaudited) Three months ended January 3, 2026 December 28, 2024 Oc
Slide 14: Non-GAAP Reconciliations: Net Income Per Share
Non-GAAP Reconciliations Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income and Non-GAAP Net Margin and U.S. GAAP net income per share to Non-GAAP net income per share (In thousands, except percentages and per share data) (Unaudited) Three months ended January 3, 2026 December 28, 2024 Oc
Slide 15: Non-GAAP Reconciliations: Adjusted Free Cash Flow
Non-GAAP Reconciliations Reconciliation of U.S. GAAP Cash provided by Operating Activities to Non-GAAP Adjusted Free Cash Flow (In thousands) (unaudited) Three months ended January 3, December 28, 2026 2024 October 4, 2025 U.S. GAAP net cash (used in) / provided by operating activities $ (8,933) $ 1
Slide 16: Non-GAAP Reconciliations: Non-GAAP Outlook
Non-GAAP Reconciliations Reconciliation of U.S. GAAP to Non-GAAP Outlook (In millions, except per share data) (Unaudited) Second quarter of fiscal 2026 ending April 4, 2026 GAAP Outlook Adjustments Non-GAAP Outlook $230 million $230 million Net revenue — +/- $10 million +/- $10 million $80.4 million
Slide 17: Kulicke & Soffa
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