Camtek reports record $161.3 million Q3 revenue amid AI demand

Nov 4, 2026
Camtek reported third quarter revenue of $161.3 million, up 28% from a year earlier, and expects 2027 revenue to exceed $800 million.

Camtek Ltd. reported record third quarter revenue of $161.3 million, up 28% from a year earlier and 21% from the previous quarter, the company said in a press release. GAAP net income was $42.8 million, or $0.84 per diluted share, while operating cash flow reached $71.1 million.

GAAP gross margin was 50.0%, and GAAP operating income rose 25% from a year earlier to $39.8 million. Cash, deposits and marketable securities totaled $877.1 million as of September 30.

Camtek expects fourth quarter revenue of about $180 million, which would bring full year 2026 revenue to approximately $595 million. It also reiterated its initial outlook for 2027 revenue to exceed $800 million, supported by its order backlog and sales pipeline. The company said demand for advanced semiconductor packaging used in AI applications contributed to its outlook.

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