Camtek Ltd. (CAMT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Sales/Revenue | 123.32M | 118.64M | 117.29M | 112.34M | 102.59M | 97.01M | 88.69M | 80.47M | 73.76M | 72.46M | 82.17M | 81.99M | 79.58M | 77.17M | 74.17M | 70.69M | 67.45M | 57.35M | 48.62M | 40.06M |
| Revenue Growth % | 20.2% | 22.29% | 32.25% | 39.6% | 39.09% | 33.89% | 7.93% | -1.85% | -7.31% | -6.1% | 10.79% | 15.99% | 17.98% | 34.55% | 52.56% | 76.45% | 82.3% | 90.04% | 46.44% | 23.38% |
| Cost of Goods Sold | 60.71M | 58.07M | 59.16M | 56.48M | 51.35M | 52.29M | 48.9M | 41.46M | 38.78M | 38.59M | 42.23M | 42.13M | 39.38M | 37.31M | 36.59M | 34.89M | 32.46M | 28.38M | 25.31M | 20.64M |
| COGS % of Revenue | 49.23% | 48.95% | 50.44% | 50.28% | 50.05% | 53.9% | 55.14% | 51.52% | 52.58% | 53.26% | 51.39% | 51.39% | 49.49% | 48.35% | 49.33% | 49.36% | 48.12% | 49.48% | 52.06% | 51.51% |
| Gross Profit | 62.61M | 60.56M | 58.13M | 55.86M | 51.24M | 44.72M | 39.79M | 39.01M | 34.97M | 33.86M | 39.95M | 39.86M | 40.19M | 39.86M | 37.58M | 35.79M | 34.99M | 28.98M | 23.31M | 19.43M |
| Gross Margin % | 50.77% | 51.05% | 49.56% | 49.72% | 49.95% | 46.1% | 44.86% | 48.48% | 47.42% | 46.74% | 48.61% | 48.61% | 50.51% | 51.65% | 50.67% | 50.64% | 51.88% | 50.52% | 47.94% | 48.49% |
| Gross Profit Growth % | 22.19% | 35.42% | 46.1% | 43.19% | 46.51% | 32.07% | -0.4% | -2.14% | -12.99% | -15.04% | 6.3% | 11.36% | 14.86% | 37.55% | 61.25% | 84.26% | 106.54% | 113.74% | 47.12% | 27.64% |
| Operating Expenses | 30.64M | 27.86M | 26.83M | 26.21M | 25.36M | 23.48M | 22.57M | 19.94M | 20.04M | 19.67M | 19.48M | 19.22M | 19.32M | 20.18M | 18.27M | 15.65M | 17.95M | 14.58M | 15.28M | 13.1M |
| OpEx % of Revenue | 24.84% | 23.49% | 22.88% | 23.33% | 24.71% | 24.21% | 25.45% | 24.78% | 27.17% | 27.15% | 23.71% | 23.45% | 24.28% | 26.15% | 24.63% | 22.14% | 26.62% | 25.42% | 31.43% | 32.71% |
| Selling, General & Admin | 19.16M | 17.5M | 16.46M | 16.44M | 16.12M | 14.57M | 14.53M | 12.19M | 11.92M | 12.12M | 12.8M | 12.25M | 11.8M | 12.65M | 11.57M | 10.12M | 12.19M | 9.1M | 9.66M | 8.04M |
| SG&A % of Revenue | 15.54% | 14.75% | 14.03% | 14.63% | 15.71% | 15.02% | 16.38% | 15.14% | 16.16% | 16.72% | 15.58% | 14.94% | 14.82% | 16.4% | 15.6% | 14.31% | 18.07% | 15.87% | 19.86% | 20.06% |
| Research & Development | 11.47M | 10.36M | 10.37M | 9.77M | 9.23M | 8.91M | 8.04M | 7.76M | 8.12M | 7.55M | 6.68M | 6.98M | 7.52M | 7.52M | 6.7M | 5.53M | 5.77M | 5.48M | 5.62M | 5.07M |
| R&D % of Revenue | 9.3% | 8.73% | 8.84% | 8.7% | 9% | 9.19% | 9.07% | 9.64% | 11.01% | 10.43% | 8.13% | 8.51% | 9.45% | 9.75% | 9.03% | 7.82% | 8.55% | 9.55% | 11.57% | 12.65% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 31.97M | 32.7M | 31.3M | 29.65M | 25.89M | 21.24M | 17.22M | 19.07M | 14.93M | 14.2M | 20.46M | 20.64M | 20.88M | 19.68M | 19.31M | 20.14M | 17.04M | 14.4M | 8.03M | 6.32M |
| Operating Margin % | 25.93% | 27.56% | 26.69% | 26.39% | 25.23% | 21.89% | 19.41% | 23.69% | 20.25% | 19.59% | 24.9% | 25.17% | 26.23% | 25.5% | 26.04% | 28.5% | 25.26% | 25.11% | 16.51% | 15.78% |
| Operating Income Growth % | 23.52% | 53.97% | 81.78% | 55.5% | 73.34% | 49.62% | -15.84% | -7.61% | -28.46% | -27.87% | 5.94% | 2.44% | 22.51% | 36.68% | 140.67% | 218.7% | 214.97% | 402.06% | 74.91% | 44.55% |
| EBITDA | 36.92M | 38.13M | 55.56M | 36.02M | 28.41M | 22.68M | 41.19M | 20.09M | 16.14M | 15.22M | 28.76M | 21.34M | 21.8M | 20.31M | 20.14M | 20.85M | 17.69M | 14.96M | 8.63M | 6.89M |
| EBITDA Margin % | 29.94% | 32.14% | 47.37% | 32.06% | 27.69% | 23.38% | 46.44% | 24.96% | 21.88% | 21% | 35% | 26.03% | 27.39% | 26.33% | 27.16% | 29.5% | 26.22% | 26.08% | 17.76% | 17.2% |
| EBITDA Growth % | 29.96% | 68.11% | 34.89% | 79.29% | 76.03% | 49.06% | 43.24% | -5.86% | -25.98% | -25.08% | 42.77% | 2.35% | 23.24% | 35.81% | 133.3% | 202.64% | 197.73% | 370.03% | 67.81% | 40.62% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 2.52M | 1.45M | 0 | 1.02M | 1.2M | 1.02M | 0 | 702.75K | 924.5K | 0 | 829K | 704K | 648K | 558.5K | 609K | 568K |
| EBIT | 36.92M | 38.13M | 55.56M | 36.02M | 30.9M | 26.85M | 41.19M | 24.74M | 20.69M | 19.3M | 28.76M | 22.66M | 21.1M | 20.31M | 19.43M | 20.49M | 17.22M | 14.79M | 8.03M | 6.32M |
| Net Interest Income | 4.94M | 5.43M | 6.14M | 6.37M | 5.01M | 5.61M | 5.68M | 5.67M | 5.75M | 5.11M | 3.8M | 2.03M | 227K | 633K | 119K | 349K | 323K | 386K | 0 | 307K |
| Interest Income | 4.94M | 5.43M | 6.17M | 6.37M | 5.01M | 5.61M | 5.68M | 5.67M | 5.75M | 5.11M | 3.8M | 2.03M | 227K | 633K | 119K | 349K | 323K | 386K | - | 307K |
| Interest Expense | 0 | 0 | 37K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | 0 | - | - |
| Other Income/Expense | 4.94M | 5.43M | 6.17M | 6.37M | 5.01M | 5.61M | 5.68M | 5.67M | 5.75M | 5.11M | 3.8M | 2.03M | 227K | 478K | 119K | 349K | 176K | 386K | -183K | 307K |
| Pretax Income | 36.92M | 38.13M | 37.48M | 36.02M | 30.9M | 26.85M | 22.9M | 24.74M | 20.69M | 19.3M | 24.26M | 22.66M | 21.1M | 20.16M | 19.43M | 20.49M | 17.22M | 14.79M | 7.84M | 6.63M |
| Pretax Margin % | 29.94% | 32.14% | 31.95% | 32.06% | 30.12% | 27.68% | 25.82% | 30.74% | 28.05% | 26.64% | 29.52% | 27.64% | 26.52% | 26.12% | 26.2% | 28.99% | 25.52% | 25.78% | 16.13% | 16.54% |
| Income Tax | 3.22M | 3.82M | 4.47M | 3.27M | 2.94M | 2.05M | 2.11M | 2.68M | 2.15M | 2.06M | 2.59M | 1.95M | 1.92M | 1.78M | 6.67M | 1.99M | 1.56M | 1.43M | 176K | 604K |
| Effective Tax Rate % | 8.73% | 10.02% | 11.92% | 9.09% | 9.5% | 7.63% | 9.22% | 10.83% | 10.38% | 10.67% | 10.67% | 8.6% | 9.09% | 8.83% | 34.34% | 9.71% | 9.08% | 9.64% | 2.24% | 9.11% |
| Net Income | 33.7M | 34.31M | 33.01M | 32.74M | 27.96M | 24.8M | 20.79M | 22.06M | 18.54M | 17.25M | 21.67M | 20.71M | 19.18M | 18.38M | 12.76M | 18.5M | 15.65M | 13.36M | 7.67M | 6.02M |
| Net Margin % | 27.32% | 28.92% | 28.14% | 29.15% | 27.26% | 25.56% | 23.44% | 27.41% | 25.13% | 23.8% | 26.37% | 25.27% | 24.11% | 23.82% | 17.2% | 26.18% | 23.21% | 23.29% | 15.77% | 15.04% |
| Net Income Growth % | 20.49% | 38.36% | 58.77% | 48.44% | 50.84% | 43.8% | -4.07% | 6.48% | -3.36% | -6.17% | 69.85% | 11.94% | 22.56% | 37.56% | 66.45% | 207.19% | 194.88% | 380.58% | 66.4% | 44.7% |
| Net Income (Continuing) | 33.7M | 34.31M | 33.01M | 32.74M | 27.96M | 24.8M | 20.79M | 22.06M | 18.54M | 17.25M | 21.67M | 20.71M | 19.18M | 18.38M | 12.76M | 18.5M | 15.65M | 13.36M | 7.67M | 6.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.69 | 0.70 | 0.67 | 0.66 | 0.57 | 0.51 | 0.42 | 0.45 | 0.38 | 0.36 | 0.45 | 0.43 | 0.40 | 0.38 | 0.28 | 0.41 | 0.35 | 0.30 | 0.18 | 0.15 |
| EPS Growth % | 21.05% | 37.25% | 59.52% | 46.67% | 50% | 41.67% | -6.67% | 4.65% | -5% | -5.26% | 60.71% | 4.88% | 14.29% | 26.67% | 55.56% | 173.33% | 169.23% | 328.57% | 50% | 36.36% |
| EPS (Basic) | 0.74 | 0.75 | 0.73 | 0.72 | 0.62 | 0.55 | 0.46 | 0.49 | 0.42 | 0.39 | 0.49 | 0.43 | 0.40 | 0.39 | 0.29 | 0.42 | 0.36 | 0.31 | 0.19 | 0.15 |
| Diluted Shares Outstanding | 49.33M | 49.29M | 49.5M | 49.44M | 49.31M | 49.25M | 49.15M | 48.97M | 48.63M | 48.44M | 48.33M | 48.31M | 48.15M | 48.15M | 46.3M | 44.66M | 44.75M | 44.48M | 41.96M | 40.07M |
| Basic Shares Outstanding | 45.68M | 45.56M | 45.43M | 46.02M | 45.25M | 45.07M | 44.88M | 44.73M | 44.57M | 44.52M | 44.4M | 48.17M | 48.15M | 47.12M | 43.84M | 43.83M | 43.61M | 43.29M | 40.89M | 39.18M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |