Filing Flows › Kulicke & Soffa Industries (KLIC) › Q1 FY26
Kulicke & Soffa Industries (KLIC) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 5, 2026
Kulicke & Soffa Industries (KLIC) reported revenue of $200M for the first quarter fiscal 2026 (Q1 FY26), +20% from a year earlier and +12% from the quarter before. Operating margin was 8.9%, net earnings $16.8M (8.4% of revenue).
Kulicke & Soffa Industries, Q1 FY26: revenue $200M (+20% year over year), operating margin 8.9%, net earnings $16.8M, operating cash flow −$8.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $200M | +12% | +20% |
| Gross profit | $99.0M | +22% | +14% |
| Operating profit | $17.8M | 20× | -79% |
| Net earnings | $16.8M | +163% | -79% |
| Operating cash flow | −$8.9M | -204% | — |
What changed
Revenue was $199.6M in Q1 FY26, up 20% year over year and up 12% from the previous quarter. Ball Bonding Equipment was the largest line at 55% of revenue. Ball Bonding Equipment added $50.6M year over year (up 85%), 151% of the total change. Advanced Solutions declined 39%.
Gross margin was 49.6%, down 2.9 points from a year earlier. Operating profit was $17.8M, a 8.9% margin (down 43.2 points year over year). Operating profit fell $68.8M even though revenue rose $33.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 18552% against revenue growth of 20%. Net earnings were $16.8M, down 79% year over year. The effective tax rate was 25.5%. Non-operating items added $4.7M, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$8.9M. Non-cash charges added back $4.0M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $35.0M. Capital expenditures of $2.7M exceeded it, leaving free cash flow of −$11.6M.
Questions
What was Kulicke & Soffa Industries' revenue in the first quarter fiscal 2026?
Kulicke & Soffa Industries (KLIC) reported revenue of $200M for the first quarter fiscal 2026 (Q1 FY26), +20% from a year earlier and +12% from the quarter before.
Was Kulicke & Soffa Industries profitable in the first quarter fiscal 2026?
Operating profit was $17.8M (8.9% of revenue) and net earnings $16.8M.