Nova Ltd. (NVMI) Earnings Call Transcripts

Nova Ltd.'s Latest Earnings Call - June 3, 2026

In the second quarter of fiscal year 2026, Nova Ltd. reported strong performance, with revenue reaching $250 million, reflecting a 15% year-over-year increase. The company maintained its gross margins near the upper end of its target model, driven by innovation and operational efficiencies. Management reaffirmed its commitment to achieving $1 billion in sales by 2027, supported by organic growth and potential acquisitions, while signaling optimism about future demand in advanced packaging and Logic markets.

Reported metrics

Guidance from management

Management maintained its guidance for achieving $1 billion in sales by 2027, emphasizing strong growth prospects in advanced packaging and Logic markets.

What management said

Definitely. So we've seen WFE numbers dramatically change over the last quarter or 2, and we rely on external sources. We get our data about WFE there. The important factor for Nova is to have the right drivers to outperform WFE. And this is what we're investing in. It comes from both differentiation and unique offering as well as our ability to have a relationship and be able to tap in on opportunities as they prese...

That integration was phenomenal. As I mentioned, we've acquired the Sentronics at the end of January last year. We opened up a new cleanroom, doubling the capacity of total last year, and we see this business growing at a strong double-digit pace, whereas the introduction of the WMC is an example of how the synergies work -- worked us -- worked out in the sense that we see both adoption of this tool across Logic and ...

What analysts pressed on

Analysts expressed concerns regarding potential competition in the X-ray metrology segment and the ability to maintain market share amid increasing competition. There were also questions about the sustainability of gross margins given rising costs.

Main topics on the call

• Revenue Growth and Guidance — Nova reported revenue of $250 million for Q2 2026, a 15% increase year-over-year. Management stated, 'We are on track to achieve our $1 billion target by 2027,' indicating confidence in continued growth.
• Market Share Gains — The company increased its market share in CD and Thin Film metrology from 20.3% in 2023 to nearly 29% in 2025. CEO Gabriel Waisman noted, 'The differentiation we offer in the market' is key to this growth.
• Advanced Packaging Growth — Advanced packaging now constitutes over 20% of Nova's business, with expectations for continued double-digit growth. Waisman highlighted, 'We see both the inflection points in advanced packaging' as a significant growth ...
• Capacity Expansion — Nova has doubled its production capacity in 2024 and 2025 to meet growing demand. Waisman stated, 'We are constantly investing and making sure that we can maintain those lead times in years to come.'

Read the full Nova Ltd. transcript (June 3, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 35 Nova Ltd. earnings call transcripts on record, spanning February 13, 2020 to August 6, 2026. Based on this history, Nova Ltd. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NVMI

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

35

First call

February 13, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly