Camtek stock reports record Q3 revenue as AI demand supports growth outlook

Camtek reported record third-quarter revenue on Wednesday, November 4, 2026, as demand for semiconductor inspection and metrology systems continued to benefit from advanced packaging and artificial intelligence applications. The results were published by PR Newswire via Yahoo Finance.

Record Quarter Raises Execution Stakes

Revenue for the quarter ended September 30 reached 161.3 million US dollars, up 28 percent from the year-earlier period and 21 percent from the second quarter. GAAP operating income rose to 39.8 million US dollars, while non-GAAP operating income reached 47.5 million US dollars, equal to a 29.5 percent margin.

GAAP net income was 42.8 million US dollars, or 0.84 US dollars per diluted share. Non-GAAP net income reached 50.3 million US dollars, or 0.99 US dollars per diluted share. The year-earlier GAAP comparison included a one-time 88.7 million US dollar loss from the extinguishment of capital notes, which contributed to the prior-year net loss.

Guidance Keeps Growth Case Alive

Camtek expects fourth-quarter revenue of approximately 180 million US dollars, representing roughly 40 percent year-over-year growth, and sees full-year 2026 revenue at about 595 million US dollars. The company also maintains an initial 2027 outlook above 800 million US dollars, supported by its order backlog and sales pipeline.

The figures strengthen the operating case, but investors still need to assess whether high growth can be converted into durable margins. The company reported a GAAP gross margin of 50.0 percent and a non-GAAP gross margin of 51.1 percent in the quarter. Management said advanced packaging, much of it linked to AI demand, remains central to the longer-term expansion.

Trading Context

Since the October 29 report, the euro quote has moved from 113.53 euros to 90.52 euros, a decline of 20.27 percent. The real-time quote of Camtek stock was 90.52 euros on Lang & Schwarz at 17:48 CET on Wednesday, November 4, 2026.

The broader US market backdrop remains relevant as investors reassess growth valuations across technology and semiconductor companies; see Current market reports.

More news and analyses on Camtek stock will track order conversion, margins and management's delivery against the 2027 outlook.