Kulicke and Soffa Industries (KLIC) financial statements
Kulicke and Soffa Industries reported revenue of $654M in fiscal 2025, up 0.5% a year over 9 years.
Net income was $213,000 and the operating margin -0.5%, against 8.6% in 2016.
Free cash flow was $96M, and the company returned $97M in net buybacks.
The diluted share count fell 25% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Kulicke and Soffa Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $627M | $809M | $889M | $540M | $623M | $1.5B | $1.5B | $742M | $706M | $654M |
| Cost of revenue | $346M | $427M | $480M | $285M | $325M | $821M | $755M | $384M | $437M | $376M |
| Gross profit | $281M | $382M | $409M | $255M | $298M | $697M | $748M | $359M | $269M | $278M |
| Research and development | $92M | $100M | $120M | $116M | $123M | $137M | $137M | $145M | $151M | $150M |
| Selling, general and admin | $135M | $134M | $123M | $117M | $116M | $147M | $140M | $153M | $166M | $168M |
| Operating income | $54M | $113M | $167M | $22M | $59M | $412M | $470M | $39M | -$92M | -$3M |
| Interest expense | $1M | $1M | $1M | $2M | $2M | $218,000 | $208,000 | $142,000 | $89,000 | $134,000 |
| Pre-tax income | $56M | $119M | $178M | $35M | $64M | $415M | $477M | $72M | -$58M | $20M |
| Income tax | $8M | -$7M | $121M | $23M | $12M | $47M | $43M | $15M | $11M | $20M |
| Net income | $48M | $126M | $57M | $12M | $52M | $367M | $434M | $57M | -$69M | $213,000 |
| EPS (diluted) | $0.68 | $1.75 | $0.80 | $0.18 | $0.83 | $5.78 | $7.09 | $0.99 | -$1.24 | $0.00 |
| Diluted shares | 71M | 72M | 70M | 66M | 63M | 64M | 61M | 58M | 56M | 53M |
| Gross margin | 44.8% | 47.2% | 46.1% | 47.1% | 47.8% | 45.9% | 49.8% | 48.3% | 38.1% | 42.5% |
| Operating margin | 8.6% | 14.0% | 18.7% | 4.0% | 9.4% | 27.2% | 31.3% | 5.3% | -13.1% | -0.5% |
| Net margin | 7.7% | 15.6% | 6.4% | 2.2% | 8.4% | 24.2% | 28.8% | 7.7% | -9.8% | 0.0% |
Balance sheet
Fiscal years, from Kulicke and Soffa Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $548M | $608M | $614M | $593M | $530M | $740M | $776M | $759M | $577M | $511M |
| Inventory | $87M | $122M | $115M | $89M | $112M | $167M | $185M | $217M | $178M | $160M |
| Total current assets | $781M | $953M | $987M | $894M | $860M | $1.4B | $1.3B | $1.2B | $995M | $902M |
| Property, plant and equipment | $50M | $68M | $76M | $72M | $59M | $68M | $81M | $110M | $65M | $59M |
| Goodwill | $81M | $56M | $57M | $56M | $57M | $73M | $68M | $89M | $90M | $70M |
| Total assets | $982M | $1.2B | $1.2B | $1.1B | $1.1B | $1.6B | $1.6B | $1.5B | $1.2B | $1.1B |
| Total current liabilities | $126M | $193M | $174M | $175M | $158M | $352M | $249M | $182M | $184M | $188M |
| Total liabilities | $183M | $251M | $306M | $311M | $297M | $506M | $394M | $325M | $296M | $283M |
| Shareholders' equity | $800M | $920M | $880M | $769M | $758M | $1.1B | $1.2B | $1.2B | $944M | $821M |
| Net debt | -$424M | -$392M | -$321M | -$364M | -$188M | -$363M | -$556M | -$529M | -$227M | -$216M |
Cash flow
Fiscal years, from Kulicke and Soffa Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $68M | $136M | $123M | $66M | $94M | $300M | $390M | $173M | $31M | $114M |
| Capital spending | $6M | $26M | $20M | $12M | $12M | $23M | $23M | $44M | $16M | $17M |
| Free cash flow | $62M | $111M | $103M | $54M | $83M | $277M | $367M | $129M | $15M | $96M |
| Stock-based compensation | $6M | $12M | $12M | $14M | $15M | $16M | $19M | $23M | $27M | $29M |
| Dividends paid | $0 | $0 | $8M | $32M | $30M | $33M | $39M | $42M | $44M | — |
| Share buybacks (net) | -$15M | -$18M | -$90M | -$100M | -$55M | -$10M | -$281M | -$69M | -$151M | -$97M |
| Free cash flow margin | 9.9% | 13.7% | 11.6% | 10.0% | 13.3% | 18.3% | 24.4% | 17.4% | 2.1% | 14.7% |
| Dividends per share | — | — | $0.12 | $0.48 | $0.48 | $0.53 | $0.64 | $0.73 | $0.79 | — |
Questions
What was Kulicke and Soffa Industries's revenue in 2025?
$654M in fiscal 2025, from its 10-K filing.
How much free cash flow does Kulicke and Soffa Industries generate?
$96M in fiscal 2025 (operating cash flow minus capital spending).
From Kulicke and Soffa Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.