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Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and consumables in China, the United States, Taiwan, Malaysia, Japan, the Philippines, Korea, Hong Kong, and internationally. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company provides services used to assemble semiconductor devices, such as integrated circuits, power discretes, light-emitting diode (LEDs), and sensors. It also offers ball bonding equipment, wafer level bonding equipment, and wedge and wedge-related bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares, and services for equipment. In addition, the company services, maintains, repairs, and upgrades equipment; and sells consumable aftermarket solutions and services. It serves integrated device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, foundry service providers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region. The company was founded in 1951 and is headquartered in Singapore.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $654M | $39M | $0M | $96M | 0.0% | -7.4% | -100.3% |
| 2024 | $706M | $-34M | $-69M | $15M | -7.3% | -4.9% | -220.7% |
| 2023 | $742M | $101M | $57M | $129M | 4.9% | -50.6% | -86.8% |
| 2022 | $1.5B | $498M | $434M | $367M | 36.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,503.62 | 742.49 | 706.23 | 654.08 |
| Operating Revenue | - | 1,503.62 | 742.49 | 706.23 | 654.08 |
| Cost Of Revenue | - | 755.30 | 383.84 | 437.48 | 376.16 |
| Gross Profit | - | 748.32 | 358.66 | 268.75 | 277.92 |
| Operating Expense | - | 276.90 | 297.68 | 316.78 | 317.32 |
| Research And Development | - | 136.85 | 144.70 | 151.21 | 149.62 |
| Selling General And Administration | - | 140.05 | 152.98 | 165.56 | 167.70 |
| Total Expenses | - | 1,032.20 | 681.52 | 754.26 | 693.48 |
| Operating Income | - | 471.42 | 60.97 | -48.02 | -39.39 |
| Total Operating Income As Reported | - | 470.07 | 39.44 | -92.50 | -3.22 |
| EBITDA | - | 498.49 | 101.20 | -33.53 | 38.58 |
| Normalized EBITDA | - | 499.84 | 122.74 | 10.94 | 2.41 |
| EBIT | - | 477.20 | 72.34 | -58.27 | 20.61 |
| Interest Income | - | 7.12 | 32.91 | 34.23 | 23.83 |
| Interest Expense | - | 0.21 | 0.14 | 0.09 | 0.13 |
| Net Interest Income | - | 6.92 | 32.76 | 34.14 | 23.70 |
| Other Income Expense | - | -1.35 | -21.54 | -44.47 | 36.17 |
| Interest Income Non Operating | - | 7.12 | 32.91 | 34.23 | 23.83 |
| Interest Expense Non Operating | - | 0.21 | 0.14 | 0.09 | 0.13 |
| Net Non Operating Interest Income Expense | - | 6.92 | 32.76 | 34.14 | 23.70 |
| Pretax Income | - | 476.99 | 72.20 | -58.36 | 20.48 |
| Tax Provision | - | 43.44 | 15.05 | 10.65 | 20.26 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.12 | -4.48 | -9.34 | 7.60 |
| Net Income Continuous Operations | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Net Income From Continuing And Discontinued Operation | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Net Income From Continuing Operation Net Minority Interest | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Net Income | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Net Income Common Stockholders | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Net Income Including Noncontrolling Interests | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Normalized Income | - | 434.77 | 74.20 | -33.87 | -28.36 |
| Diluted NI Availto Com Stockholders | - | 433.54 | 57.15 | -69.01 | 0.21 |
| Basic Average Shares | - | 60.16 | 56.68 | 55.61 | 52.96 |
| Diluted Average Shares | - | 61.18 | 57.55 | 55.61 | 53.19 |
| Reconciled Depreciation | - | 21.29 | 28.86 | 24.74 | 17.97 |
| Reconciled Cost Of Revenue | - | 755.30 | 383.84 | 437.48 | 376.16 |
| Total Unusual Items | - | -1.35 | -21.54 | -44.47 | 36.17 |
| Total Unusual Items Excluding Goodwill | - | -1.35 | -21.54 | -44.47 | 36.17 |
| Earnings From Equity Interest Net Of Tax | -0.09 | 0 | 0 | - | - |
| Special Income Charges | - | -1.35 | -21.54 | -44.47 | 36.17 |
| Gain On Sale Of Business | - | - | 0 | 0 | 75.99 |
| Impairment Of Capital Assets | - | 1.35 | 21.54 | 44.47 | 39.82 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Kulicke and Soffa Industries, Inc.this co. | KLIC | $5.6B | 26417.05↑ premium | 6.85 | 0.0% | 141.24 |
| Paycom Software, Inc. | PAYC | $6.4B | 14.10 | 3.69 | 26.2% | 7.65 |
| ACM Research, Inc. | ACMR | $6.2B | 66.26 | 4.26 | 6.4% | 33.90 |
| Lyft, Inc. | LYFT | $5.4B | 1.89 | 1.64 | 86.9% | 53.59 |
| Diodes Incorporated | DIOD |
| 2021 | - | - | - | - | - | - | - |
| $5.2B |
| 78.15 |
| 2.75 |
| 3.5% |
| 21.25 |
| EPAM Systems, Inc. | EPAM | $5.1B | 13.50 | 1.39 | 10.3% | 5.75 |
| Axcelis Technologies, Inc. | ACLS | $5.0B | 41.37 | 4.81 | 11.6% | 28.80 |
| Power Integrations, Inc. | POWI | $4.8B | 215.13 | 7.06 | 3.3% | 117.83 |
| SolarEdge Technologies, Inc. | SEDG | $4.4B | -10.97 | 10.41 | -94.8% | -12.64 |
| Peer Median | - | 27.74 | 3.97 | 8.3% | 25.02 | |