Camtek stock posts record Q3 revenue as 2027 outlook tops $800 million

Camtek reported record third-quarter revenue on Wednesday, November 4, 2026, as the semiconductor inspection and metrology supplier pointed to continued demand in advanced packaging. In a release carried by PR Newswire, the company reported revenue of 161.3 million US dollars for the quarter ended September 30, up 28 percent from 126.0 million US dollars a year earlier and 21 percent from the second quarter.

Camtek stock traded at 87.29 euros on Lang & Schwarz at 10:13 CET on Thursday, November 5, 2026; investors can follow the real-time quote of Camtek stock.

Profitability And Cash Flow Improve

GAAP gross profit rose 28 percent to 80.6 million US dollars, with the gross margin holding at 50.0 percent. Non-GAAP gross profit reached 82.3 million US dollars, producing a 51.1 percent margin compared with 51.5 percent in the year-earlier quarter. The company defines its non-GAAP measures by excluding items including share-based compensation, acquisition-related expenses, restructuring costs and certain tax effects.

GAAP operating income increased 25 percent to 39.8 million US dollars, although the operating margin eased to 24.7 percent from 25.3 percent. On a non-GAAP basis, operating income rose 26 percent to 47.5 million US dollars, while the margin was 29.5 percent versus 29.9 percent a year earlier.

GAAP net income was 42.8 million US dollars, or 0.84 US dollars per diluted share, compared with a loss of 53.2 million US dollars, or 1.16 US dollars per share, in the third quarter of 2025. The prior-year loss included a large expense related to the extinguishment of capital notes. Non-GAAP net income increased 23 percent to 50.3 million US dollars, or 0.99 US dollars per diluted share, from 40.9 million US dollars, or 0.82 US dollars per share.

Operating cash flow reached 71.1 million US dollars during the quarter. Cash, short-term deposits and marketable securities totaled 877.1 million US dollars at September 30, compared with 815.8 million US dollars at June 30.

Guidance Keeps Growth In Focus

Management expects fourth-quarter revenue of approximately 180 million US dollars, equivalent to approximately 40 percent year-over-year growth, and projects full-year 2026 revenue of approximately 595 million US dollars. The initial 2027 outlook calls for revenue above 800 million US dollars, representing approximately 35 percent growth over 2026 and supported by the order backlog and sales pipeline.

Chief Executive Rafi Amit said the results reflected sustained business momentum and highlighted high-end advanced packaging driven by rising artificial-intelligence demand. He also said Camtek has visibility a year ahead for the first time, while cautioning investors that the outlook remains subject to the risks described in the release, including supply-chain disruption, export restrictions, foreign-exchange movements and geopolitical tensions.

The figures are preliminary unaudited results. For investors, the central issue is whether order momentum in AI-related packaging can support the projected acceleration without further pressure on margins from parts, components and other operating costs.

The TA-35 market overview provides broader context for Israeli-listed shares.

More news and analyses on Camtek stock will focus on the next quarterly update and the conversion of the announced backlog into revenue.