Business Segments, Product Groups and End Markets (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents revenue, profit or loss and significant segment expenses for our single operating segment:


	For the Three Months Ended March 31,
	2026		2025
	(In thousands)
Net sales	$	1,684,701	$	1,321,575
Less:
Materials cost of sales	901,773		692,748
Labor cost of sales	180,549		159,164
Depreciation cost of sales	156,132		139,869
Other cost of sales	207,215		172,211
Selling, general and administrative	96,987		80,408
Research and development	41,758		45,652
Interest expense	17,710		16,809
Income tax expense	12,342		3,936
Other segment items (1)	(13,731)		(11,075)
Segment net income	$	83,966	$	21,853

(1) Other segment items include interest income, foreign currency (gain) loss, net and other (income) expense.

The following tables represent other balances included in net income or that are regularly provided to the Chief Operating Decision Maker (CODM):


	For the Three Months Ended March 31,
	2026		2025
	(In thousands)
Interest income	$	16,220	$	14,453
Depreciation and amortization expense	170,903		153,821
Capital expenditures	224,605		79,897

The following table presents our net sales by product group:


	For the Three Months Ended March 31,
	2026		2025
	(In thousands)
Advanced products (1)	$	1,372,001	$	1,063,617
Mainstream products (2)	312,700		257,958
Total net sales	$	1,684,701	$	1,321,575

(1) Advanced products include flip chip, memory and wafer-level processing and related test services.

(2) Mainstream products include all other wirebond packaging and related test services.

Net sales by end market consist of the following:


	For the Three Months Ended March 31,
	2026		2025
Communications (smartphones, tablets)	44	%	40	%
Computing (data center, infrastructure, PC/laptop, storage)	21	%	22	%
Automotive, industrial and other (ADAS, electrification, infotainment, safety)	21	%	21	%
Consumer (AR & gaming, connected home, home electronics, wearables)	14	%	17	%
Total net sales	100	%	100	%