NASDAQ$CAMT

Camtek Ltd · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Camtek Ltd reported record Q2 2026 revenues of $133.2 million, up 8% year-over-year.

Camtek announced financial results for the second quarter ended June 30, 2026, with revenues reaching a record $133.2 million. GAAP net income was $23.3 million ($0.46 EPS) while non-GAAP net income reached $39.4 million ($0.78 EPS). The company highlighted strong order momentum exceeding $600 million year-to-date and raised its outlook for the second half of 2026.

  • Record Q2 revenues of $133.2 million, +8% YoY and +10% QoQ.
  • GAAP gross margin 50.1%; non-GAAP gross margin 51.4%.
  • GAAP operating income $27.2 million (20.4% margin); non-GAAP $36.0 million (27% margin).
  • Strong backlog and >$600M YTD orders support >30% H2 2026 growth vs H1 and continued 2027 expansion.

Headline financials

Total Revenue

$133M

Previous: $123M+8.0%
EPS (adj)

$0.78

Previous: $0.79-1.3%
Net Income

$23.3M

Previous: $33.7M-30.9%
Operating Income

$27.2M

Previous: $32M-14.9%
Gross Profit

$66.7M

Previous: $62.6M+6.5%
Cash & Equivalents

$816M

No prior period

Revenue & EPS history

Camtek · Revenue · Quarterly

$133M

Q2 2026+8%vs Q2 2025
Beat estimate in 8 of 12 quarters(67%)
ActualEstimate

Revenue by segment

Camtek · $122M total across 1 segment · Q1 2026

  • Semiconductor inspection and metrology systems
    $122M

Forward guidance

Q3 2026 revenue expected in $158-160 million range; more than 30% H2 2026 growth vs H1 2026 with continued growth into 2027.

Tailwinds

  • Exceptional 20% sequential Q3 growth guided.
  • Record backlog and order intake >$600M YTD.
  • Advanced packaging revenue expected to grow ~70% from Q1 to Q4 2026.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-1.4%

Avg return

Earnings day

-1.7%

Avg return

5 days after

+0.5%

Avg return

30 days after

40%

23 / 57 earnings

Positive

+13.2%

Q1 2017

Best reaction

-19.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-15.9%-19.0%-11.4%
Q4 2025+0.5%-2.5%+5.7%
Q3 2025-6.7%-19.2%+1.7%
Q2 2025-8.7%-14.1%-19.2%
Q1 2025-0.9%-4.7%+6.1%
Q4 2024-0.4%-0.7%-24.6%
Q3 2024+1.5%-5.9%-6.3%
Q2 2024-19.9%-18.1%-13.3%
Q1 2024+7.2%+11.5%+29.7%
Q3 2023-4.7%-5.7%-4.6%
Q2 2023-0.5%-0.7%+24.7%
Q1 2023-4.3%+0.5%+13.6%
Q4 2022+1.9%-1.6%+1.0%
Q3 2022-5.1%-4.7%-8.8%
Q2 2022+1.4%+3.2%-1.3%
Q1 2022+3.5%+4.6%-0.6%
Q4 2021-8.8%-3.2%-22.6%
Q3 2021-7.0%-1.3%+7.4%
Q2 2021-0.7%+2.9%+12.2%
Q1 2021+1.7%-1.3%+6.9%
Q4 2020-4.3%+1.7%+0.8%
Q3 2020-0.4%-1.6%+2.9%
Q2 2020-2.9%-1.5%-2.9%
Q1 2020+3.2%+4.8%+14.4%
Q4 2019-0.9%-10.9%-41.9%
Q3 2019-8.1%-6.2%-3.4%
Q2 2019-1.8%-4.4%+2.9%
Q1 2019-5.3%-5.8%-19.7%
Q4 2018+11.2%+12.4%+12.0%
Q3 2018+5.1%+3.2%+7.4%
Q2 2018-1.4%-9.9%-6.9%
Q1 2018+4.2%+7.4%+18.3%
Q4 2017-6.2%-8.2%-5.4%
Q3 2017+7.8%+5.1%-1.1%
Q2 2017-4.1%-4.5%-12.8%
Q1 2017+13.2%+16.6%+43.9%
Q4 2016+5.8%+3.6%+5.0%
Q3 2016+2.8%+2.5%+7.4%
Q2 2016+4.1%+11.0%+4.1%
Q1 2016-18.4%
Q4 2015+4.0%
Q3 2015-0.4%
Q2 2015-1.7%
Q1 2015+0.3%
Q4 2014+2.3%
Q1 2013-6.8%
Q4 2012-3.6%
Q2 2012-2.8%
Q1 2012+3.7%
Q4 2011-7.2%
Q4 2010-7.2%
Q4 2009-7.2%
Q3 2011+9.3%
Q2 2011+0.9%
Q1 2011-2.2%
Q3 2010
Q2 2010+1.3%
Q1 2010+0.0%
Q3 2009
Q2 2009
Q1 2009
Q4 2008

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