Camtek Posts Record Q2 Revenue of $133.2M, Guides for 20% Sequential Jump in Q3
CAMT has more than doubled off its 52-week low of $75.75.
Summary
Camtek reported Q2 2026 revenue of $133.2 million, up 10% sequentially, and guided Q3 revenue to $158–160 million — a 20% jump. Year-to-date orders surpassed $600 million, with Advanced Packaging revenue expected to grow ~70% from Q1 to Q4 2026.
Key Events · Earnings and Guidance · CAMT
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Record Q2 Revenue
Revenue reached $133.2 million, a 10% sequential increase and 8% year-over-year growth, driven by strong demand in Advanced Packaging.
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Exceptional Q3 Guidance
Management guided Q3 revenue to $158–160 million, representing ~20% sequential growth, and expects H2-26 revenue to grow more than 30% over H1-26.
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Massive Order Backlog
Year-to-date orders exceeded $600 million, with deliveries scheduled through 2027; Advanced Packaging revenue is expected to grow ~70% from Q1 to Q4 2026.
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Profitability Impacted by One-Time Items
GAAP net income fell 31% YoY to $23.3 million ($0.46 EPS) due to $7.7 million one-time tax expense and acquisition-related costs; non-GAAP net income rose 2% to $39.4 million ($0.78 EPS).
Analysis · CAMT · Industrial Applications And Services
Camtek delivered record quarterly revenue and guided for an exceptional 20% sequential increase in Q3, driven by surging demand in Advanced Packaging. Year-to-date orders have already exceeded $600 million, providing strong visibility into 2027. The combination of accelerating top-line momentum and a robust order backlog signals a significant inflection in the business, though GAAP profitability dipped year-over-year due to acquisition-related costs and a one-time tax expense.
At the time of this filing, CAMT was trading at $164.94 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $7.2B. The 52-week trading range was $75.75 to $215.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.