Highlights

  • Net revenue for the quarter ended July 4, 2026 was $330,409 thousand, compared with $148,413 thousand in the prior-year quarter.
  • Net income was $57,416 thousand, or $1.07 per diluted share, against a net loss of $3,289 thousand, or $0.06 per share.
  • Cash, cash equivalents and short-term investments totaled $516,573 thousand at July 4, 2026, and nine-month dividend payments were $21.5 million.
  • Management said on the earnings call it expects fiscal fourth quarter net revenue of $375 million, plus or minus $20 million.

Kulicke and Soffa Industries (NASDAQ: KLIC) shares were trading at USD 77.75 on October 27, 2026, up 2.98%, with a relative volume at time of 3.48. The semiconductor assembly equipment maker filed its Form 10-Q for the fiscal third quarter ended July 4, 2026, on August 6, 2026, and gave fiscal fourth quarter guidance on its August 13, 2026 earnings call.

Kulicke and Soffa Industries is incorporated in Pennsylvania. Its cover page lists principal executive offices in Singapore and at 1005 Virginia Drive in Fort Washington, Pennsylvania. The company designs, develops, manufactures and sells capital equipment and tools, and services and repairs equipment, all used to assemble semiconductor devices. Its reportable segments are Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions and APS, with other product lines reported as All Others. Its fiscal year ends on the Saturday closest to September 30. The filing does not state a headcount.

Fiscal Third Quarter Results

For the three months ended July 4, 2026, net revenue was $330,409 thousand, up 122.6% from $148,413 thousand. Gross profit was $157,949 thousand, and total gross profit margin was 47.8%, compared with 46.7%. Selling, general and administrative expense was $45,769 thousand and research and development expense was $43,914 thousand. Income from operations was $68,266 thousand, compared with a loss from operations of $6,094 thousand.

Net income was $57,416 thousand, or $1.07 per diluted share, compared with a net loss of $3,289 thousand, or $0.06 per share. The provision for income taxes was $15,345 thousand, and the effective tax rate was 21.1%.

By segment, Ball Bonding Equipment net revenue was $226,068 thousand, Wedge Bonding Equipment $25,777 thousand, Advanced Solutions $29,415 thousand and APS $35,772 thousand. Advanced Solutions reported a loss from operations of $12,553 thousand, and its gross profit margin was 34.7%, compared with 46.8%, which the company attributed to product mix.

For the nine months, net revenue was $772,655 thousand, compared with $476,523 thousand, and net income was $109,360 thousand, compared with a net loss of $6,166 thousand. Wedge Bonding Equipment net revenue decreased $30.6 million for the nine months, which the company linked to lower EV capacity needs in the automotive and industrial end market.

Balance Sheet, Cash Flow and Capital

Cash and cash equivalents were $368,573 thousand at July 4, 2026, against $215,708 thousand at October 4, 2025. Short-term investments were $148,000 thousand, against $295,000 thousand. Net cash provided by operating activities for the nine months was $46,554 thousand, compared with $105,003 thousand a year earlier. The company noted a $146.0 million increase in accounts and other receivable and a $75.9 million increase in inventories.

Financing uses for the nine months included common stock repurchases of $7.4 million and dividend payments of $21.5 million. The company declared cash dividends of $0.205 per share in each quarter shown. It expects fiscal 2026 capital expenditures between approximately $20.0 million and $24.0 million, of which approximately $17.7 million was incurred through the third quarter. The company said its cash and anticipated operating cash flows are expected to be sufficient for at least the next twelve months.

The 10-Q also discloses that the company is winding down its Electronics Assembly equipment business, and that it monitors conditions in the Middle East, where it has a manufacturing facility and business office in Haifa. It said its operations in Israel have not been impacted.

Outlook

On the August 13, 2026 call, management said it expects fiscal fourth quarter net revenue of $375 million, with gross margin of 48% and non-GAAP operating expenses of approximately $87.5 million. It expects GAAP earnings per share of $1.29 and non-GAAP earnings per share of $1.42, and an effective tax rate slightly above 20%. Management also said it is maintaining a target of over $100 million in Advanced Solutions segment revenue for fiscal 2026. The company said the macroeconomic situation remains volatile and that its operating results could deteriorate.