Camtek Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw revenue of $121.7M with strong AI and advanced packaging demand, record orders, and robust outlook for 2026–2027. Visual Layer acquisition boosts AI capabilities, and H2 2026 revenue is expected to surge over 25% from H1.
Fiscal Year 2025
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Record Q4 and full-year results driven by AI and advanced packaging, with strong cash flow and a robust order pipeline. Double-digit growth is expected in 2026, with margin improvements and increased market share anticipated in the second half.
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Record Q3 revenue and profitability driven by strong HPC and advanced packaging demand, with new products poised to boost margins and market share. 2026 growth expected, especially in the second half, as AI and data center investments accelerate.
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Record Q2 revenue and profit driven by strong HPC and advanced packaging demand, with new Hawk and Eagle G5 systems gaining traction. Positive momentum and robust order pipeline support continued growth into Q3 and beyond.
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Record Q1 revenue and margins driven by strong HPC and advanced packaging demand, with new products Eagle G5 and Hawk gaining traction. Guidance points to continued double-digit growth, robust backlog, and no material impact from tariffs or geopolitical issues.
Fiscal Year 2024
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Record Q4 and annual results driven by strong HPC demand, with revenue up 32% YoY in Q4 and 36% for the year. New products (Eagle G5, Hawk) are ramping, and 2025 is expected to see continued growth, especially in HPC and advanced packaging.
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Record Q3 revenue and profitability driven by strong HPC demand and advanced packaging, with robust guidance for Q4 and 2025. New product launches and expanded manufacturing capacity support continued growth, while gross margins remain strong.
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Record Q2 revenue of $102.6M, up 40% year-over-year, driven by strong HPC demand and major orders. Gross margin improved to 51%, with Q3 guidance of $107–$110M and continued growth expected into 2025. HPC modules accounted for 50–60% of revenue.