Camtek stock: Record quarter strengthens 2027 growth outlook

Camtek reported record third-quarter revenue on November 4, 2026, as demand for semiconductor inspection and metrology equipment continued to support growth in advanced packaging. In a release published by PR Newswire, the company said revenue for the quarter ended September 30 reached 161.3 million US dollars, up 28% from 126.0 million US dollars a year earlier and 21% from the second quarter.

Quarterly Profitability Holds Up

GAAP gross profit rose to 80.6 million US dollars, while the GAAP gross margin held at 50.0%. Non-GAAP gross profit was 82.3 million US dollars, with the adjusted margin at 51.1%, compared with 51.5% in the year-earlier quarter.

GAAP operating income increased 25% to 39.8 million US dollars, producing a 24.7% operating margin. On a non-GAAP basis, operating income reached 47.5 million US dollars and the margin was 29.5%. GAAP net income was 42.8 million US dollars, or 0.84 US dollars per diluted share, while non-GAAP net income reached 50.3 million US dollars, or 0.99 US dollars per diluted share.

The company also generated 71.1 million US dollars in operating cash flow during the quarter. Cash, short-term deposits and marketable securities totaled 877.1 million US dollars at September 30, 2026, giving Camtek financial capacity as it expands production and develops new products.

Growth Outlook Extends Into 2027

Management expects fourth-quarter revenue of approximately 180 million US dollars, which would represent about 40% year-over-year growth and bring full-year 2026 revenue to approximately 595 million US dollars. The initial 2027 outlook calls for revenue above 800 million US dollars, or roughly 35% growth over the expected 2026 level, supported by the order backlog and sales pipeline.

Chief Executive Rafi Amit said the company had visibility a year ahead for the first time in its history. He linked the momentum to high-end advanced packaging and the expanding demand for artificial-intelligence applications. For investors, the outlook raises the importance of converting orders into shipments while protecting margins as the business scales.

Camtek Stock Keeps Results In Focus

Camtek stock traded at 95.96 euros on Lang & Schwarz at 10:38 CET on Thursday, November 12, 2026. The latest quote keeps attention on whether the strong operating outlook can translate into sustained earnings growth; it does not by itself establish a causal market reaction to the quarterly report.

Israel's semiconductor sector remains linked to the broader TA-35 market.

Further company-specific developments will center on fourth-quarter execution, order conversion and the next earnings update. More news and analyses on Camtek stock.