The company’s performance highlights a broader industry shift toward more complex chip designs. GAAP net income rose to $75 million, or $2.20 per diluted share, while non-GAAP net income reached $86.5 million. CEO Gaby Waisman pointed to the milestone as validation of the company's long-term strategic plan, fueled by deeper customer engagement and expansion in market share across leading-edge device segments.
In section Releases
Nova Hits Record Revenue as Advanced Chip Demand Surges
Rehovot-based metrology provider Nova reported record-breaking financial results for the second quarter of 2026, with quarterly revenue reaching $255 million. The 16% year-over-year growth signals a sustained appetite for advanced semiconductor manufacturing tools, particularly those supporting Gate-All-Around architectures and high-end packaging solutions.
Looking ahead, management remains optimistic about the remainder of the year. The company provided third-quarter guidance projecting revenues between $277 million and $287 million. This outlook reflects increased visibility into demand pipelines, bolstered by Nova’s chemical metrology solutions and Sentronics dimensional technology, which are becoming central to the fabrication lifecycle of modern semiconductors.
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