Camtek stock: Record Q3 revenue raises 2027 execution stakes

Camtek reported record third-quarter revenue for the period ended September 30, 2026, with management extending its growth outlook into 2027. The results were announced on November 4 in a Camtek release carried by PR Newswire.

Record Quarter Raises The Bar

Revenue reached 161.3 million US dollars, up 28 percent from the year-earlier quarter and 21 percent from the second quarter. GAAP gross margin was 50.0 percent, while GAAP operating income rose 25 percent to 39.8 million US dollars.

GAAP net income was 42.8 million US dollars, or 0.84 US dollars per diluted share, compared with a net loss of 53.2 million US dollars, or 1.16 US dollars per share, in the prior-year quarter. On a non-GAAP basis, net income reached 50.3 million US dollars, or 0.99 US dollars per diluted share. The adjusted figures exclude items including share-based compensation and acquisition-related expenses.

2027 Growth Requires Delivery

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

Chief Executive Rafi Amit linked the momentum to high-end advanced packaging and growing demand for artificial-intelligence applications. The outlook depends on order conversion, customer demand, supply availability and broader semiconductor investment.

What Changed Since The Last Report

Camtek stock traded at 98.88 euros on Lang & Schwarz at 18:13 CET on Wednesday, November 11, 2026. Against the 96.61 euro Lang & Schwarz quote cited in the prior report at 10:01 CET the same day, the price was 2.35 percent higher.

Operating cash flow reached 71.1 million US dollars in the quarter, adding liquidity support as the company invests to meet semiconductor equipment demand.

Semiconductor equipment shares remain sensitive to demand expectations across the TA-35 market.

For more company-specific coverage, see More news and analyses on Camtek stock.