CAMTEK ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 2026

Rhea-AI Summary

Camtek (NASDAQ: CAMT) reported record Q2 2026 revenues of $133.2 million, up 8% year over year. GAAP gross margin was 50.1% and non-GAAP gross margin 51.4%. GAAP operating income was $27.2 million (20.4% margin), while non-GAAP operating income reached $36.0 million, a 27.0% margin.

GAAP net income was $23.3 million, or $0.46 diluted EPS, down from $0.69 a year earlier. Non-GAAP net income was $39.4 million, or $0.78 diluted EPS, slightly above Q2 2025. Camtek completed the acquisition of Visual Layer and reported year-to-date orders of about $600 million for 2026–2027 deliveries.

As of June 30, 2026, cash, deposits and marketable securities totaled $815.8 million. Management expects more than 30% revenue growth in H2 2026 vs. H1 2026, with continued growth into 2027 and approximately 45% half-over-half growth in its Advanced Packaging business.

Positive

• Record Q2 2026 revenue of $133.2 million, up 8% year over year
• Non-GAAP Q2 2026 net income of $39.4 million, up 2% vs. Q2 2025
• Strong liquidity with $815.8 million in cash, deposits and marketable securities at June 30, 2026
• Order intake around $600 million year-to-date 2026, with deliveries scheduled for 2026 and 2027
• Guidance for H2 2026 of more than 30% revenue growth versus H1 2026
• Completion of Visual Layer acquisition, adding to Camtek’s technology and product portfolio

Negative

• Q2 2026 GAAP operating income down 15% year over year to $27.2 million
• Q2 2026 GAAP net income down 31% year over year to $23.3 million
• Diluted GAAP EPS declined from $0.69 in Q2 2025 to $0.46 in Q2 2026
• GAAP gross margin slipped to 50.1% in Q2 2026 from 50.8% a year earlier
• Cash, deposits and marketable securities decreased from $849.7 million at March 31, 2026 to $815.8 million at June 30, 2026

News Explained

On June 30, 2026, Camtek reported $815.8 million in cash, deposits and securities versus $849.7 million on March 31, with 46,668,177 shares outstanding.

Camtek's August 10, 2026 release reports preliminary, unaudited second-quarter results and a different disclosed share base: 48,760,553 issued shares and 46,668,177 outstanding on June 30, 2026, versus 47,920,509 and 45,828,133 at December 31, 2025.

Cash, deposits and marketable securities totaled $815.8 million on June 30, 2026, versus $849.7 million on March 31, 2026; the company also reported $12.2 million of operating cash flow during the quarter.

The release warns that the later audited results may differ from these preliminary figures.

Market Context

The stock is up +5.8% following this news. Historical earnings reactions included -15.83% for news_i...

Analysis

The stock is up +5.8% following this news. Historical earnings reactions included -15.83% for news_id 1055665. A strong upside response would contrast with that record; low short positioning provides limited squeeze-risk context, while execution against the reported outlook remained a risk.

Key Figures

Q2 revenue: $133.2 million Revenue growth: 8% GAAP operating income: $27.2 million +5 more

8 metrics

Q2 revenue $133.2 million Q2 2026; record revenue

Revenue growth 8% Q2 2026 year over year

GAAP operating income $27.2 million Q2 2026; 15% decrease year over year

GAAP net income $23.3 million Q2 2026; 31% decrease year over year

GAAP diluted EPS $0.46 Q2 2026

Non-GAAP diluted EPS $0.78 Q2 2026

H2 growth outlook More than 30% H2 2026 versus H1 2026

Orders received About $600M Orders received since the beginning of 2026

Previous Earnings Reports

5 past events · Latest: May 12 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 12	Q1 earnings report	Positive	-15.8%	Positive quarterly results and guidance were followed by a -15.83% price reaction.
Feb 18	Q4 earnings report	Positive	+0.3%	Record quarterly revenue and positive 2026 outlook accompanied a 0.34% reaction.
Nov 10	Q3 earnings report	Negative	-6.7%	Convertible-note loss produced a GAAP loss alongside a -6.65% reaction.
Aug 05	Q2 earnings report	Positive	-8.7%	Record revenue and margins were followed by a -8.7% price reaction.
May 13	Q1 earnings report	Positive	-0.8%	Record revenue and net income accompanied a -0.85% price reaction.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Tag-specific earnings events averaged a -6.34% reaction, with negative reactions diverging from generally positive reported results in three of five events.

Key Terms

gaap, non-GAAP, diluted EPS, convertible notes, +1 more

5 terms

gaap financial

"GAAP gross margin of 50.1% and non-GAAP gross margin of 51.4%"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

non-GAAP financial

"non-GAAP gross margin of 51.4%"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

View in glossary

diluted EPS financial

"GAAP diluted EPS of $0.46 and non-GAAP diluted EPS of $0.78"

Diluted earnings per share (EPS) shows how much profit a company makes for each share of stock, assuming all possible shares from stock options or convertible securities are used. It provides a more conservative estimate than basic EPS, accounting for potential share increases that could dilute ownership. Investors use diluted EPS to get a clearer picture of a company's true profitability on a per-share basis.

convertible notes financial

"Convertible notes | 488,497 | 519,833"

Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.

OSATs technical

"serving numerous industries' leading global IDMs, OSATs, and foundries"

Outsourced semiconductor assembly and test providers (OSATs) are companies that take finished silicon chips from chip makers and perform the packaging, final assembly and quality testing before the chips are shipped to device manufacturers. Think of them as specialized finishing factories that make sure fragile components are packaged and work reliably; their performance and capacity affect supply, costs and delivery times for the broader semiconductor industry, which can influence chipmakers’ margins and investors’ views on supply-chain risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Q2 record revenues of $133.2 million; Expects more than 30% growth in H2-26 vs. H1-26 and further growth into 2027

MIGDAL HAEMEK, Israel, Aug. 10, 2026 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the second quarter ended June 30, 2026.

2026 Second Quarter Financial Highlights

• Record revenues of $133.2 million, a 8% YoY increase;
• GAAP gross margin of 50.1% and non-GAAP gross margin of 51.4%;
• GAAP operating income of $27.2 million and non-GAAP operating income of $36.0 million, representing operating margins of 20.4% and 25.9%, respectively; and
• GAAP net income of $23.3 million and non-GAAP net income of $39.4 million; GAAP diluted EPS of $0.46 and non-GAAP diluted EPS of $0.78.
• Completion of the acquisition of Visual Layer

Forward-Looking Expectations

Management expects continued growth in the third quarter of $158 to $160 million which represents an exceptional 20% growth quarter over quarter.

Given our strong order momentum and record backlog, management expects more than 30% growth in H2-26 vs. H1-26 followed by continued growth into 2027.

Management Comment

Rafi Amit, Camtek's CEO commented, "I am very pleased with the second quarter results which came ahead of our expectations. Since the beginning of 2026 we have experienced a growing momentum of order intake bringing the total amount of orders received since the beginning of the year to about $600M, with deliveries scheduled for 2026 and 2027. This exceptional order intake coupled with our strong market position in the AP segment is expected to result in phenomenal growth in our AP business of 45% half over half."

Concluded Mr. Amit, "The AI revolution is driving unprecedented demand for data centers. With AI adoption still in its early stages, we believe demand for AI compute infrastructure will continue to grow significantly. Our product development roadmap is closely aligned with the technology roadmaps of the industry leaders. Our strong customer engagement, combined with our expanding product portfolio and proven execution, gives us great confidence in our ability to deliver sustained growth in the years ahead."

Second Quarter 2026 Financial Results

Revenues for the second quarter of 2026 were $133.2 million. This compares to second quarter 2025 revenues of $123.3 million, a year-over-year growth of 8%.

Gross profit on a GAAP basis in the quarter totaled $66.7 million (50.1% of revenues), an increase of 6% compared to $62.2 million (50.8% of revenues) in the second quarter of 2025.

Gross profit on a non-GAAP basis in the quarter totaled $68.5 million (51.4% of revenues), an increase of 7% compared to $64.0 million (51.9% of revenues) in the second quarter of 2025.

Operating income on a GAAP basis in the quarter totaled $27.2 million (20.4% of revenues), a decrease of 15% compared to $32.0 million (25.9% of revenues) in the second quarter of 2025.

Operating income on a non-GAAP basis in the quarter totaled $36.0 million (27.0% of revenues), a decrease of 4% compared to $37.4 million (30.3% of revenues) in the second quarter of 2025.

Net income on a GAAP basis in the quarter totaled $23.3 million, or $0.46 per diluted share, a decrease of 31% compared to net income of $33.7 million, or $0.69 per diluted share, in the second quarter of 2025.

Net income on a non-GAAP basis in the quarter totaled $39.4 million, or $0.78 per diluted share, an increase of 2% compared to a non-GAAP net income of $38.8 million, or $0.79 per diluted share, in the second quarter of 2025. 

Cash and cash equivalents, short-term and long-term deposits, and marketable securities, as of June 30, 2026, were $815.8 million compared to $849.7 million as of March 31, 2026. During the second quarter, the Company generated an operating cash flow of $12.2 million.

Conference Call

Camtek will host a video conference call/webinar today via Zoom, on August 10, 2026, at 09:00 ET (16:00 Israel time). Rafi Amit, CEO, Moshe Eisenberg, CFO, and Ramy Langer, COO will host the call and will be available to answer questions after presenting the results.

To participate in the webinar, please register using the following link, which will provide access to the video call: https://us06web.zoom.us/webinar/register/WN_a_Na02dbSo-7hZ5je-P39g.

For those wishing to listen via phone, following registration, the dial in link will be sent. For any problems in registering, please email Camtek's investor relations a few hours in advance of the call.

For those unable to participate, a recording will be available on Camtek's website at http://www.camtek.com  within a few hours after the call.

A summary presentation of the quarterly results will also be available on Camtek's website. 

ABOUT CAMTEK LTD.

Camtek is a developer and manufacturer of high-end inspection and metrology equipment for the semiconductor industry. Camtek's systems inspect IC and measure IC features on wafers throughout the production process of semiconductor devices, covering the front and mid-end and up to the beginning of assembly (Post Dicing). Camtek's systems inspect wafers for the most demanding semiconductor market segments, including Advanced Interconnect Packaging, Heterogenous Integration, Memory and HBM, CMOS Image Sensors, Compound Semiconductors, MEMS, and RF, serving numerous industries' leading global IDMs, OSATs, and foundries.

With manufacturing facilities in Israel and Germany, and eight offices around the world, Camtek provides state of the art solutions in line with customers' requirements.

This press release is available at http://www.camtek.com

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on Camtek's current beliefs, expectations and assumptions about its business and industry, all of which may change.  Forward-looking statements can be identified by the use of words including "believe," "anticipate," "should," "intend," "plan," "will," "may," "expect," "estimate," "project," "positioned," "strategy," and similar expressions that are intended to identify forward-looking statements, including our expectations and statements relating to our future earnings and guidance, the compound semiconductors market and our position in this market. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Camtek to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that may cause our actual results to differ materially from those contained in the forward-looking statements include, but are not limited to,  risks related to the ongoing hostilities in the Middle East; the impact of disruptions to global shipment and supply chain, including but not limited to increased risk and disruption around the Strait of Hormuz, and broader impacts on energy and freight markets; the continued demand  and future contribution of HBM and Chiplet applications and devices to the Company business resulting from, among other things, the field of AI surging worldwide across companies, industries and nations; formal or informal imposition by countries of new or revised export and/or import and doing-business regulations or sanctions, including but not limited to changes in U.S. trade policies, changes or uncertainty related to the U.S. government entity list and changes in the ability to sell products incorporating U.S originated technology, which can be made without prior notice, and our ability to effectively address such global trade issues and changes; risks related to fluctuations in foreign currency exchange rates; and those other factors discussed in our Annual Report on Form 20-F as published on March 19, 2026, as well as other documents filed by the Company with the SEC as well as other documents that may be subsequently filed by Camtek from time to time with the Securities and Exchange Commission. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Camtek does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless required by law.

While we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. In addition, any forward-looking statements represent Camtek's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. Camtek does not assume any obligation to update any forward-looking statements unless required by law.

This press release provides financial measures that exclude: (i) share based compensation expenses; (ii) acquisition related expenses and (iii) one-time tax expenses and are therefore not calculated in accordance with generally accepted accounting principles (GAAP). Management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Management uses both GAAP and non-GAAP measures when evaluating the business internally and therefore felt it is important to make these non-GAAP adjustments available to investors. A reconciliation between the GAAP and non-GAAP results appears in the tables at the end of this press release. The results reported in this press-release are preliminary unaudited results, and investors should be aware of possible discrepancies between these results and the audited results to be reported, due to various factors.

 

 

 

CAMTEK LTD. and its subsidiaries
Condensed Interim Consolidated Balance Sheets (Unaudited)
(In thousands)
	June 30,			December 31,
	2026			2025
	U.S. Dollars
Assets
Current assets
Cash and cash equivalents		215,229			177,848
Short-term deposits		327,440			411,450
Marketable securities		87,695			78,862
Trade accounts receivable, net		153,921			90,829
Inventories		99,816			112,202
Other current assets		40,318			25,804
Total current assets		924,419			896,995
Marketable securities		185,473			182,941
Long-term inventory		16,979			15,569
Deferred tax asset, net		11,661			12,933
Other assets, net		1,802			1,881
Property, plant and equipment, net		59,359			55,090
Right of use assets, net		9,968			10,017
Intangible assets, net		16,654			10,062
Goodwill		112,737			74,345
Total non-current assets		414,633			362,838
Total assets		1,339,052			1,259,833
Liabilities and shareholders' equity
Current liabilities
Trade accounts payable	48,402				33,676
Other current liabilities	76,936				73,749
Total current liabilities	125,338				107,425
Long-term liabilities
Deferred tax liabilities, net	-				1,261
Other long-term liabilities	15,054				14,311
Convertible notes	488,497				519,833
Total long-term liabilities	503,551				535,405
Total liabilities	628,889				642,830
Commitments and contingencies
Shareholders' equity
Ordinary shares NIS 0.01 par value, 100,000,000 shares authorized at June 30, 2026 and at December 31, 2025;
48,760,553 issued shares at June 30, 2026 and 47,920,509 at December 31, 2025;
46,668,177 shares outstanding at June 30, 2026 and 45,828,133 at December 31, 2025	181				178
Additional paid-in capital	272,741				231,892
Accumulated other comprehensive income (loss)	(2,355)				287
Retained earnings	441,494				386,544
	712,061				618,901
Treasury stock, at cost (2,092,376 shares as of June 30, 2026 and December 31, 2025)	(1,898)				(1,898)
Total shareholders' equity	710,163				617,003
Total liabilities and shareholders' equity	1,339,052				1,259,833

 

 

CAMTEK LTD. and its subsidiaries
Condensed Interim Consolidated Statement of Income (unaudited)
(in thousands)
		Six months ended  June 30,		Three months ended June 30,		Year ended December 31,
		2026	2025	2026	2025	2025
		U.S. dollars		U.S. dollars		U.S. dollars
Revenues		254,902	241,955	133,243	123,317	496,072
Cost of revenues		127,271	118,780	66,541	60,706	245,755
Gross profit		127,631	123,175	66,702	62,611	250,317
Operating expenses:
Research and development		31,007	21,836	16,684	11,474	48,345
Selling, general and administrative		42,131	36,665	22,791	19,163	73,769
Total operating expenses		73,138	58,501	39,475	30,637	122,114
Operating income		54,493	64,674	27,227	31,974	128,203
Financial income, net		15,126	10,375	6,977	4,942	25,064
Other expenses		-	-	-	-	(100,932)
Income before income taxes		69,619	75,049	34,204	36,916	52,335
Income tax expense		(14,669)	(7,043)	(10,899)	(3,221)	(1,613)
Net income		54,950	68,006	23,305	33,695	50,722

 

 

Earnings per share information:	Six months ended  June 30,		Three months ended June 30,		Year ended December 31,
	2026	2025	2026	2025	2025
	U.S. dollars		U.S. dollars		U.S. dollars
Basic net earnings per share (in US dollars)	1.18	1.49	0.50	0.74	1.11
Diluted net earnings per share (in US dollars)	1.09	1.39	0.46	0.69	1.04
Weighted average number of
ordinary shares outstanding:
Basic	46,496	45,622	46,643	45,682	45,703
Diluted	51,433	49,306	51,520	49,327	49,970

 

 

CAMTEK LTD. and its subsidiaries
Reconciliation of GAAP To Non-GAAP results
(In thousands, except share data)
	Six Months ended  June 30,		Three Months ended  June 30,		Year ended December 31,
	2026	2025	2026	2025	2025
	U.S. dollars		U.S. dollars		U.S. dollars
Reported net income attributable to Camtek Ltd. on GAAP basis	54,950	68,006	23,305	33,695	50,722
Acquisition-related expenses (1)	4,059	1,300	3,570	650	2,801
One-time Tax expenses	7,700	-	7,700	-	-
Loss from extinguishment of Capital Notes (2)	-	-	-	-	88,682
Share-based compensation	7,995	8,203	4,873	4,493	16,819
Non-GAAP net income	74,704	77,509	39,448	38,838	159,024
Non–GAAP net income per diluted share	1.48	1.57	0.78	0.79	3.26
Gross margin on GAAP basis	50.1 %	50.9 %	50.1 %	50.8 %	50.4 %
Reported gross profit on GAAP basis	127,631	123,175	66,702	62,611	250,317
Acquisition-related expenses (1)	1,707	1,220	1,097	610	2,895
Share-based compensation	1,139	1,344	687	763	2,806
Non- GAAP gross profit	130,477	125,739	68,486	63,984	256,018
Non-GAAP gross margin	51.2 %	52.0 %	51.4 %	51.9 %	51.6 %
Reported operating income attributable to Camtek Ltd. on GAAP basis	54,493	64,674	27,227	31,974	128,203
Acquisition-related expenses (1)	4,620	1,856	3,928	928	4,000
Share-based compensation	7,995	8,203	4,873	4,493	16,819
Non-GAAP operating income	67,108	74,733	36,028	37,395	149,022

 

(1)           During the six-month period ended June 30, 2026, the Company recorded acquisition-related expenses of $1.3 million, consisting of: (1) inventory written-up to fair value in purchase accounting charges of $0.5 million. This amount is recorded under cost of revenues line item. (2) $1.2 million amortization of intangible assets acquired recorded under cost of revenues line item. (3) $0.2 million of compensation-related expenses recorded under research and development expenses line item. (4) $0.1 million amortization of intangible assets acquired recorded under sales and marketing expenses line item. (5) $2.6 million one-time M&A expenses recorded under G&A line item. (6) $0.6 million reversal of tax provision related to the above adjustment, recorded under the tax expense line item.

                During the three-month period ended June 30, 2026, the Company recorded acquisition-related expenses of $0.8 million, consisting of: (1) inventory written-up to fair value in purchase accounting charges of $0.5 million. This amount is recorded under cost of revenues line item. (2) $0.6 million amortization of intangible assets acquired recorded under cost of revenues line item. (3) $0.2 million of compensation-related expenses recorded under research and development expenses line item. (4) $0.1 million amortization of intangible assets acquired recorded under sales and marketing expenses line item. (5) $2.6 million one-time M&A expenses recorded under G&A line item. (6) $0.4 million reversal of tax provision related to the above adjustment, recorded under the tax expense line item.

                  During the six-month period ended June 30, 2025, the Company recorded acquisition-related expenses of $1.3 million, consisting of: (1) $1.2 million amortization of intangible assets acquired recorded under cost of revenues line item. (2) $0.6 million amortization of intangible assets acquired recorded under sales and marketing expenses line item. (3) $0.6 million reversal of tax provision related to the above adjustment, recorded under the tax expense line item.

                  During the three-month period ended June 30, 2025, the Company recorded acquisition-related expenses of $0.6 million, consisting of: (1) $0.6 million amortization of intangible assets acquired recorded under cost of revenues line item. (2) $0.3 million amortization of intangible assets acquired recorded under sales and marketing expenses line item. (3) $0.3 million reversal of tax provision related to the above adjustment, recorded under the tax expense line item.

                  During the year ended December 31, 2025, the Company recorded acquisition-related expenses of $2.8 million, consisting of: (1) inventory written-up to fair value in purchase accounting charges of $0.5 million. This amount is recorded under cost of revenues line item. (2) $2.4 million amortization of intangible assets acquired recorded under cost of revenues line item. (3) $1.1 million amortization of intangible assets acquired recorded under sales and marketing expenses line item. (4) $1.2 million reversal of tax provision related to the above adjustment, recorded under the tax expense line item.

(2)           During the year ended December 31, 2025, the Company recorded a loss of $88.7 million, consisting of: (1) $100.9 million from the extinguishment of Capital Notes recorded under the other expenses line item.  (2) $12.3 million tax benefit recorded under the income tax benefit line item.

 

Camtek Ltd.
P.O.Box 544, Ramat Gabriel Industrial Park
Migdal Ha'Emek 23150, ISRAEL
Tel: +972 (4) 604-8100   
Fax: +972 (4) 644-0523
E-Mail: Info@camtek.com  
Web site: http://www.camtek.com

CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.com 

INTERNATIONAL INVESTOR RELATIONS  
EK Global Investor Relations
Ehud Helft
Tel: (US) 1 212 378 8040
camtek@ekgir.com 

Logo - https://mma.prnewswire.com/media/1534463/Camtek_logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/camtek-announces-results-for-the-second-quarter-of-2026-302847042.html

SOURCE Camtek Ltd.

FAQ

What were Camtek (CAMT) Q2 2026 earnings and revenue results?

Camtek reported Q2 2026 revenue of $133.2 million, up 8% year over year, and GAAP net income of $23.3 million. According to Camtek, non-GAAP net income was $39.4 million, with GAAP diluted EPS of $0.46 and non-GAAP diluted EPS of $0.78.

How did Camtek's GAAP and non-GAAP EPS for Q2 2026 compare to Q2 2025?

Camtek’s Q2 2026 GAAP diluted EPS was $0.46, down from $0.69 in Q2 2025, while non-GAAP diluted EPS was $0.78, slightly below $0.79 a year earlier. According to Camtek, this reflects margin pressure despite record revenue growth.

What guidance did Camtek (CAMT) give for H2 2026 and 2027 growth?

Camtek expects more than 30% revenue growth in H2 2026 versus H1 2026, with continued growth into 2027. According to Camtek, exceptional 2026 order intake and strength in Advanced Packaging are expected to drive approximately 45% half-over-half AP business growth.

How strong is Camtek's balance sheet as of June 30, 2026?

Camtek reported $815.8 million in cash and cash equivalents, short- and long-term deposits, and marketable securities at June 30, 2026. According to Camtek, total assets were $1.34 billion and shareholders’ equity was $710.2 million, indicating a sizeable equity base and liquidity position.

What acquisition did Camtek complete in Q2 2026 and why is it important?

Camtek completed the acquisition of Visual Layer during Q2 2026. According to Camtek, this transaction is part of its strategy to enhance its inspection and metrology offerings, supporting demand from advanced packaging and AI-driven semiconductor applications across leading global customers.

What order intake and Advanced Packaging outlook did Camtek report for 2026?

Since the beginning of 2026, Camtek received about $600 million in orders, with deliveries scheduled for 2026 and 2027. According to Camtek, this exceptional order intake is expected to support approximately 45% half-over-half growth in its Advanced Packaging (AP) business in 2026.

How did Camtek's operating margins perform in Q2 2026?

Camtek posted a GAAP operating margin of 20.4% and a non-GAAP operating margin of 27.0% in Q2 2026. According to Camtek, GAAP operating income declined 15% year over year, while non-GAAP operating income decreased 4%, reflecting higher R&D and SG&A expenses.