Kulicke And Soffa Industries, Inc. · NASDAQ:KLIC
Kulicke And Soffa Industries — Q3 2025 Earnings Presentation
17 slides from Kulicke And Soffa Industries's earnings presentation, Aug 6, 2025
Slide 1: Quarterly Earnings Review Q3F25
Kulicke & Soffa Nasdaq: KLIC Quarterly Earnings Review Q3F25 Ended June 28, 2025 August 6, 2025 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 August 6, 2025. These statements are “forward-looking” statements within the meaning of the Private Securi
Slide 3: Q3F25 Update
Q3F25 Update Internally Focused & Optimized for Growth Overview Q3F25 Results Positive Core Market Dynamics Revenue $148.4M • Utilization rates within key regions strengthened Net Loss $(3.3)M • General Semi & Memory orders improving Non-GAAP Net Income* $3.8M • Trade progress anticipated to enhance
Slide 4: Q3F25 Revenue Composition
Revenue per quarter (millions USD) Q3F25 Revenue Composition 5Yr Avg = quarterly average of preceding five fiscal years As a percent of total Company revenue By End Market General Semi Trade related uncertainty contributed to early FQ3 order hesitation Auto & Industrial Auto demand in SEA and LED-re
Slide 5: Q3F25 Update: Aligned with Technology Transitions
Q3F25 Update Aligned with Technology Transitions Ball Advanced Dispense • Vertical Wire on track, expecting high volume • Expanding portfolio & customer base production in FY26 • Solid state battery ramp anticipated • “Lower-power HBM” or “mobile HBM” • Adjacent opportunities across served markets •
Slide 6: Q3F25 Financial Results
Q3F25 Financial Results $148.4M Tariff uncertainty impacted Down (8.4)% Q/Q order activity $68.0M Down $(0.1)M Q/Q Execution on close market engagements is ongoing 1.1% Ongoing focus on cost control $0.07 *Please see Non-GAAP Reconciliation for a reconciliation of non-GAAP financial measures to the
Slide 7: Income Statement
Income Statement Q3F25 Summary Items Q3F24 Q2F25 Q3F25 Q/Q Y/Y $Millions, except %, EPS, and share count Revenue $181.7 $162.0 $148.4 $(13.6) $(33.2) Gross Margin 46.6% 24.9% 46.7% 2,180 bps 10 bps Operating Expenses $76.5 $125.1 $75.3 $(49.7) $(1.1) Operating Income / (Loss) $8.3 $(84.7) $(6.1) $78
Slide 8: Balance Sheets & Cash Flow
Balance Sheets & Cash Flow Q3F25 Summary Items $Millions Q3F24 Q4F24 Q1F25 Q2F25 Q3F25 Accounts and Other Receivables $200.3 $193.9 $247.9 $173.9 $173.8 Inventory $175.6 $177.7 $185.1 $155.7 $158.3 Accounts Payable $52.1 $58.8 $49.0 $48.4 $52.7 Net Cash* $435.9 $393.4 $369.2 $398.5 $368.0 Working Ca
Slide 9: Outlook
Outlook Q4F25 Demand improvement in $170M highest volume regions & +/- $10M markets $68.0M +/- 2% Tariff progress anticipated to improve market visibility * 47.0% Well positioned to support +/- 100 bps market recovery & new opportunities into F26 $0.22 +/- 10% *Please see Non-GAAP Reconciliation for
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 June 28, 2025 June 29, 2024 March 29, 2025 Net revenue $ 148,413 $ 181,650 161,986 U.S. GAAP (loss) / income from operations
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 June 28, 2025 June 29, 2024 March 29, 2025 U.S. GAAP operating expenses $ 75,337 $ 76,453 $ 125,051 Total Non-GAAP adjustments Equity-based compensation - Selling, genera
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 June 28, 2025 June 29, 2024 March 29
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 June 28, 2025 June 29, 2024 March 29
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 June 28, 2025 June 29, 2024 March 29, 2025 U.S. GAAP net cash provided by operating activities $ 7,380 $ 26,897 $ 79,877 Purcha
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) Fourth quarter of fiscal 2025 ending October 4, 2025 GAAP Outlook Adjustments Non-GAAP Outlook $170 million $170 million Net revenue — +/- $10 million +/- $10 million $75.5 milli
Slide 17: Kulicke & Soffa
WZ. kulicke & Soffa.
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