Camtek Q3 Revenue Up 12% YoY to Record $125.993M, Sees Stronger 2026 on AI Demand

Camtek reported Q3 2025 results with record revenue of $125.993 million, up 12% YoY. GAAP gross margin was 50.0%, and non-GAAP gross margin reached 51.5%. GAAP operating income rose 8% YoY to $31.8 million, while non-GAAP operating income increased 10% to $37.6 million. The company expects Q4 2025 revenue of around $127 million and reaffirmed expectations for continued expansion in 2026, supported by accelerating AI-related demand.