NASDAQ$NVMI
Nova Ltd. · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Nova reported record Q3 2025 results with strong revenue and profit growth driven by advanced logic and memory demand.
Nova delivered record quarterly revenue and profits in Q3 2025, fueled by rising demand for advanced DRAM, HBM, and Gate-All-Around logic technologies. Both GAAP and non-GAAP earnings reached new highs as the company remained on track for a record full-year performance.
- Revenue reached a record $224.6 million, up 25% YoY.
- GAAP Net Income was $61.4 million, or $1.90 per share.
- Non-GAAP Net Income was $70 million, or $2.16 per share.
- Strong demand from memory and logic device segments supported growth.
Headline financials
Revenue & EPS history
Nova · Revenue · Quarterly
$225M
Forward guidance
Nova expects Q4 2025 revenue between $215M–$225M with GAAP EPS of $1.77–$1.95 and non-GAAP EPS of $2.02–$2.20, maintaining strong growth momentum into year-end.
Tailwinds
- Q4 revenue guidance of $215M–$225M reflects continued strong demand.
- Non-GAAP EPS expected to reach up to $2.20.
- Growth supported by demand in AI and advanced packaging.
- Strong market outlook expected to drive record 2025 performance.
- Continued strength in both memory and logic segments.
Headwinds
- GAAP EPS projected lower than Q3 due to seasonality.
- Operating expenses expected to increase slightly.
- Gross margin could remain pressured below peak levels.
- Currency fluctuations remain a potential headwind.
- Macroeconomic and geopolitical risks continue to present uncertainty.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2025
+2.5%
Avg return
Earnings day
+3.5%
Avg return
5 days after
+6.3%
Avg return
30 days after
65%
34 / 52 earnings
Positive
+24.6%
Q2 2024
Best reaction
-13.9%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.5% | -1.2% | — | |
| Q4 2026 | +2.2% | +0.0% | +5.2% | |
| Q3 2025 | -8.0% | -9.7% | -5.2% | |
| Q2 2025 | +2.0% | +5.4% | -0.8% | |
| Q1 2025 | -6.9% | +0.9% | +8.1% | |
| Q4 2024 | +9.6% | -4.6% | -14.9% | |
| Q3 2024 | +3.3% | +6.5% | +2.0% | |
| Q2 2024 | +24.6% | +26.6% | +9.0% | |
| Q1 2024 | +6.8% | +10.4% | +21.2% | |
| Q4 2023 | +7.3% | +2.7% | +7.3% | |
| Q3 2023 | +10.0% | +15.4% | +25.0% | |
| Q2 2023 | -2.2% | -0.7% | +5.2% | |
| Q1 2023 | +3.1% | +5.2% | +27.7% | |
| Q4 2022 | +0.8% | +0.2% | +9.6% | |
| Q3 2022 | +10.6% | +15.6% | +17.9% | |
| Q2 2022 | +0.8% | -8.1% | -9.0% | |
| Q1 2022 | +9.8% | +12.1% | +9.9% | |
| Q4 2021 | +0.2% | -2.9% | +2.3% | |
| Q3 2021 | +13.4% | +16.0% | +12.4% | |
| Q2 2021 | +4.3% | +0.6% | +4.1% | |
| Q1 2021 | +3.5% | -3.9% | +14.5% | |
| Q4 2020 | +1.9% | -0.7% | +2.9% | |
| Q3 2020 | +0.0% | +1.8% | +12.1% | |
| Q2 2020 | +5.1% | +0.6% | -3.3% | |
| Q1 2020 | +7.8% | +11.8% | +18.8% | |
| Q4 2019 | -3.8% | -8.4% | -21.8% | |
| Q3 2019 | +4.1% | +5.6% | +3.2% | |
| Q2 2019 | +5.9% | +4.1% | +9.8% | |
| Q1 2019 | -1.7% | +0.1% | -9.0% | |
| Q4 2018 | +1.2% | +2.4% | +0.7% | |
| Q3 2018 | +8.9% | +5.9% | +9.8% | |
| Q2 2018 | -0.8% | +0.2% | +5.2% | |
| Q1 2018 | +1.7% | +3.3% | +13.0% | |
| Q4 2017 | +7.8% | +6.2% | +11.0% | |
| Q3 2017 | -13.9% | -11.4% | -14.2% | |
| Q2 2017 | -1.6% | +4.2% | -1.6% | |
| Q1 2017 | +20.2% | +23.8% | +41.9% | |
| Q4 2016 | +4.7% | +6.6% | +6.2% | |
| Q3 2016 | -2.4% | -1.1% | +5.1% | |
| Q2 2016 | -2.9% | -0.5% | +3.8% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | +4.7% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | +1.3% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | +0.5% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q4 2012 | +5.0% | — | — | |
| Q4 2010 | -2.0% | — | — | |
| Q4 2011 | -2.0% | — | — | |
| Q4 2009 | -2.0% | — | — | |
| Q2 2010 | -10.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro