Camtek Soars to New Heights: Exceptional Demand and Strong Revenue Guidance for Q2
Camtek, a leading provider of advanced packaging solutions, has announced exceptional demand and strong revenue guidance for its second quarter. In its latest quarterly results, Camtek reported revenue of $121.7 million, slightly ahead of its guidance, with gross margin of 51% and operating income totaling $31 million.
CEO Rafi Amit highlighted the company's success in maintaining market share leadership in 3D bump metrology while gaining additional share in the 2D inspection market. The company's recent order wins demonstrate this objective, with Camtek proud to have achieved it.
The exceptional demand experienced by Camtek has significantly strengthened its confidence in the outlook for the remainder of 2026 and provides a strong foundation as the company looks ahead to 2027. To provide additional color, the company has already received orders from two HBM manufacturers for its 3D metrology and 2D inspection steps, representing expected revenue exceeding $260 million for both 2026 and 2027.
Camtek also sees a compelling opportunity in the OSAT domain, which is currently undergoing significant investment in advanced packaging, particularly for AI-related capacity expansion. As the leading provider in this domain for both 2D inspection and 3D metrology, Camtek expects to be a major beneficiary of this trend.
The company's revenue guidance for the second quarter is between $129 million-$131 million, with a surge in revenue expected in the second half of 2026, exceeding 25% higher revenues compared to the first half. This growth is attributed to the new incoming business mentioned earlier and Camtek's ability to adapt to the industry's evolving roadmap.
Camtek has continued to invest heavily in platform innovation, advanced AI-based algorithms, and software capabilities to meet the growing demand for higher throughput and complex applications. The market adoption of its Eagle G5 and Hawk products has been exponentially strong, with these products accounting for 30% of revenue last year and expected to double in 2026.
The company's focus on innovation and customer satisfaction has enabled it to stay ahead of the competition, making Camtek a leader in the advanced packaging solutions market. With its strong revenue guidance and exceptional demand, Camtek is poised for continued growth and success in the future.
