Key Highlights

  • Camtek pre-announced preliminary third-quarter 2026 Revenue of $160 million to $161 million, up 27% year on year.
  • The company guided fourth-quarter revenue to about $180 million and gave an initial 2027 outlook of more than $800 million.
  • Full third-quarter results are scheduled for 4 November 2026, with a video conference call at 9:00 am Eastern Time.

Preliminary third-quarter revenue

Camtek Ltd. (NASDAQ:CAMT), the Israeli maker of inspection and metrology equipment for semiconductor manufacturing, pre-announced preliminary third-quarter 2026 revenue of between $160 million and $161 million on 14 October 2026. The company said this was up 27% year on year and slightly above its previous guidance range.

The figures are preliminary and remain subject to quarter-end closing procedures. Full results are scheduled for Wednesday 4 November 2026, with a video conference call at 9:00 am Eastern Time, according to a company announcement dated 21 October.

Guidance and the 2027 outlook

Alongside the pre-announcement, Camtek guided to fourth-quarter revenue of approximately $180 million, which it described as growth of about 40% year on year. It also indicated full-year 2026 revenue of approximately $595 million.

For 2027, management gave an initial outlook of more than $800 million of revenue. These are company projections rather than reported results, and they depend on customer ordering and delivery schedules continuing as planned.

Camtek said it had received more than $800 million of orders since the start of 2026, with deliveries scheduled through 2026 and into 2027. Chief executive Rafi Amit referred to Demand linked to artificial intelligence and advanced packaging, with growth led by the Hawk and Eagle G5 product lines.

Why advanced packaging matters

Camtek has Manufacturing facilities in Israel and Germany and eight offices worldwide, and its shares trade on both Nasdaq and the Tel Aviv Stock Exchange. Its 2025 Annual Report on Form 20-F was published on 19 March 2026.

Camtek's tools inspect and measure wafers and advanced packages, the stage at which chips are assembled in complex three-dimensional arrangements. The company attributes its momentum to AI-related packaging demand, so its order book is tied to the Capital spending decisions of its customers rather than to consumer-electronics volumes alone.

That linkage is also a source of concentration. Equipment makers serving a narrow set of leading chipmakers can see revenue move sharply when customers adjust capacity plans, which is why the company's own commentary on deliveries stretching into 2027 is worth following.

What to watch

The first item is the full third-quarter report on 4 November, which will allow the final revenue figure to be compared with the preliminary $160 million to $161 million range, and will give detail on gross margin, operating profit, cash generation and the order backlog, none of which were quantified in the pre-announcement.

Second, the updated longer-term financial model that management discussed at an investor breakfast during SEMICON West in San Francisco on 14 October may offer more detail on how the 2027 outlook is built, including product mix and customer exposure.

Third, delivery timing matters. With more than $800 million of orders received this year and deliveries running into 2027, the pace at which Backlog converts into revenue will indicate whether the fourth-quarter guidance of about $180 million is on course. Finally, the broader semiconductor Capital Expenditure cycle remains the key external variable, since any change in customer spending on advanced packaging capacity could alter the trajectory management has described.