Camtek Projects 2026 Revenue to Reach $595 Million
Translated & summarized from TheMarker by baba
Camtek, a chip manufacturing equipment maker, has projected its 2026 revenue to reach $595 million, with Q3 2026 revenues expected at $161 million. The company also anticipates 2027 revenues to exceed $800 million, driven by demand for AI applications. These forecasts were released ahead of an investor conference in San Francisco, though the company's stock fell 7% amid broader market declines.
The story in 6 lines · by baba
- Camtek projects 2026 revenues to reach approximately $595 million.
- The company forecasts Q3 2026 revenues to be $161 million, a 27% increase year-over-year.
- Camtek expects 2027 revenues to surpass $800 million, a 35% growth from 2026.
- Orders exceeding $800 million have been received for delivery in 2026 and 2027.
- CEO Rafi Amit cited strong demand for AI applications as a key growth driver.
- Camtek's stock dropped 7% on Wall Street amid a broader chip sector decline.
Camtek, a manufacturer of optical measurement and inspection systems for chip production, released its revenue forecasts through the end of 2026 on Wednesday, ahead of an investor and analyst conference in San Francisco. The company's stock is currently down 7% on Wall Street, amidst sharp declines in the broader chip sector. Camtek anticipates its third-quarter 2026 revenue will slightly exceed its previously announced forecast range, and also presented its full-year 2026 revenue projections and initial outlook for 2027.
For the third quarter of 2026, Camtek projects revenues of $161 million, a 27% increase compared to the same period in 2025. This is an upward revision from the previous forecast of $159-$160 million. The company expects fourth-quarter 2026 revenues to reach approximately $180 million, marking a 40% rise year-over-year. Total revenues for 2026 are estimated to be around $595 million.
Camtek reported receiving orders exceeding $800 million since the beginning of the year, with deliveries scheduled for 2026 and 2027. Looking ahead to 2027, the company forecasts revenues to surpass $800 million, representing a growth of approximately 35% compared to 2026.
Rafi Amit, CEO of Camtek, stated, "The high order rate the company has experienced this year, driven by strong demand for advanced packaging for AI applications, has enabled us to build a robust backlog and pipeline, providing us with visibility into 2027. We anticipate that growth will continue to be fueled by our next-generation products, particularly the Hawk and Eagle G5, with rapid expansion alongside customers increasing our production capacity to meet market demands. We look forward to discussing our growth strategy and updated long-term financial model with investors and analysts at the upcoming breakfast event in San Francisco."
